Arabian Post Staff -Dubai Heroiks, a Paris-founded growth strategy and media activation consultancy, has established its first Middle East operation with a new office in Dubai Media City, aiming to strengthen its international footprint amid evolving marketing dynamics. The firm said the Dubai hub will serve as a strategic base to support local and international advertisers with data-driven growth strategy, omnichannel activation and performance measurement solutions. The […]
AI. com has changed hands in a transaction valued at about $70 million, placing the domain among the most expensive digital real estate deals on record and setting the stage for a high-profile consumer launch tied to Super Bowl LX. People familiar with the plans say the new owners intend to unveil the brand during the championship game with a national advertising campaign, betting that mass-market visibility […]
South Africa’s central bank is open to drawing on new repurchase agreement facilities from the European Central Bank should they become available, Governor Lesetja Kganyago said, signalling a pragmatic approach to shoring up foreign-currency liquidity as global financial conditions remain uneven. Speaking on the margins of international central-bank meetings, Kganyago indicated that access to euro liquidity via ECB repo lines would add a useful layer to South […]
Sovereign credit prospects across the Middle East are set to remain stable through 2026, underpinned by resilient economic fundamentals, disciplined fiscal management and sizeable financial buffers, even as the region navigates elevated geopolitical tensions and softer oil prices, according to an assessment by S&P Global Ratings. The ratings agency points to strong government balance sheets and a steady expansion of policy flexibility as key factors insulating most […]
Quantum computing is emerging as a strategic lever for India’s ambition to secure a leading role in the global technology order, with Andhra Pradesh Chief Minister N. Chandrababu Naidu arguing that early investments and coordinated policy could reshape the country’s IT and industrial landscape. Speaking in Amaravati, Naidu said quantum technologies had the potential to redefine computing power, cybersecurity, materials science and drug discovery, placing India at a critical juncture as global competition accelerates.
Naidu’s remarks came as Andhra Pradesh positions itself as a focal point for quantum research and commercialisation through its Quantum Valley initiative, which aims to bring together academic institutions, global technology firms and startups on a single platform. The programme is designed to move beyond theoretical research and translate quantum science into deployable applications, an area where many countries are racing to gain first-mover advantage.
Quantum computing differs fundamentally from classical computing by using quantum bits, or qubits, that can exist in multiple states simultaneously. This allows certain calculations to be performed exponentially faster, opening pathways in optimisation problems, climate modelling, financial risk analysis and cryptography that are currently beyond reach. Governments in the United States, China and the European Union have committed billions of dollars to quantum research, viewing it as both an economic and national security priority.
Naidu said India’s strength lay in its deep pool of engineering talent and its established position in information technology services, but warned that relying solely on legacy software models would leave the country vulnerable as the technology cycle shifts. He argued that quantum computing, when combined with artificial intelligence and advanced semiconductors, could create a new technology stack in which India could compete at the highest level rather than remain a downstream adopter.
The Andhra Pradesh government has pitched Quantum Valley as a long-term ecosystem rather than a single project. Plans include dedicated research facilities, incentives for private investment, and partnerships with universities and multinational technology companies working on quantum hardware, algorithms and error correction. Officials involved in the programme say the aim is to create an environment similar to established innovation clusters, where research, talent and capital reinforce one another.
India’s broader policy environment has also begun to align with these ambitions. The national quantum mission, approved by the Union government, outlines funding for quantum computing, communications and sensing over the coming years, with a focus on building indigenous capabilities. Research groups at institutions such as the Indian Institute of Science and several Indian Institutes of Technology are already active in quantum algorithms and materials research, while startups are exploring niche applications in logistics, finance and healthcare.
Industry analysts note that quantum computing remains at an early stage globally, with practical, large-scale systems still years away. Current machines are limited by qubit stability and error rates, and most commercial use cases are experimental. However, the pace of progress has intensified, with steady advances in hardware architectures and hybrid models that combine classical and quantum computing. Countries that invest early in skills and research infrastructure are expected to gain disproportionate benefits once the technology matures.
Naidu acknowledged these challenges, stressing that quantum computing should be approached as a marathon rather than a sprint. He said sustained investment, patient capital and close collaboration between government, academia and industry would be essential to avoid fragmented efforts. He also emphasised the importance of education and workforce development, arguing that quantum science should be integrated into advanced engineering curricula to build a pipeline of specialised talent.
Amazon delivered a jolt to markets with a strategic and financial update that re-framed how investors assess the company’s growth engine, profit profile and long-term ambition, prompting analysts to rethink assumptions that had weighed on the stock for much of the past year. The announcement combined a sharp improvement in operating leverage with a clearer articulation of where capital and management attention will be concentrated, signalling a […]
The B2B cross-border trade payment market is immense, yet remain highly underserved
HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – According to the World Bank, SMEs account for approximately 90% the world’s businesses and contribute 65% of the global cross-border trade. SMEs play a pivotal rolein most economies, particularly in emerging markets. Estimates from the World Trade Organization (WTO) and the Organization for Economic Co-operation and Development (OECD) suggest that B2B cross-border trade payment market for SMEs is worth approximately $20 trillion.
However, traditional commercial banks have been facing multiple challenges in serving SMEs, including strict compliance and risk control requirements, lower profit generating, and license limitations, resulting in a large unmet demand through formal financial systems.
XTransfer’s field research in emerging markets indicates that many SMEs resort to illicit settlement channels like underground banks out of necessity. In fact, the trade volume processed through these unofficial avenues could be 2 to 5 times larger than the official import and export figures.
Compared to other segments, B2B cross-border payment presents vast opportunities
In the cross-border payment industry, services can be categorised into four segments based on money flows:
Four segments in cross-border payment industry.
Marketplace 2B These businesses provide payment processing services for sellers on e-commerce platforms. Risk control is primarily based on e-commerce platform’s integrated of data streams (e.g., merchant details, logistics, transaction history). With relatively low technical barriers and compliance capabilities, the industry is highly saturated.
B2B Focused on traditional cross-border trade enterprises, this segment has huge potential but features high risk control complexity and high barriers. Payment service providers must individually verify the entire information flow pertaining to each transaction (including buyer/seller details, orders, logistics, contracts, etc.), which results in many companies attempting to enter, but few succeed.
C2C This primarily covers cross-border remittances between individuals. The overall market scale is relatively small, with limited use cases.
C2B This is the most well-established segment, dominated by cross-border payment giants such as Visa, Mastercard, PayPal, and Stripe. The market is saturated with intense competition.
As a reference, the C2B cross-border payment industry has evolved dramatically over the last five decades, especially in the past ten years. Mobile wallet providers in China, the U.S. and Europe drove the mobile payment revolution, establishing a well-established cross-border settlement and risk control platform dominated by card schemes and wallets like PayPal. The system features significant advantages, including efficient transaction processes and unified risk control standards.
In contrast, B2B cross-border payments still primarily rely on traditional bank transfers. The sector as a whole is still on the cusp of the “mobile payment revolution” and has not yet formed a unified clearing mechanism or a standardized risk control system.
The payment sector need a new platform.
However, this development gap also points to a huge market opportunity. The B2B cross-border settlement market for SMEs desperately needs a shake-up. Service providers that possess a deep understanding of global customer needs and are equipped with technological and compliance capabilities will unleash vast growth potential in this space.
Beyond Borders: XTransfer Insights is a thought-leadership series that shares XTransfer’s perspectives on the forces shaping global trade and financial services. Through research-driven insights and real-world observations, it highlights emerging trends, key challenges, and opportunities across international markets. Hashtag: #XTransfer #Crossborder #Payment #SMEs #whitepaper
Larsen & Toubro is set to expand its data centre footprint to 32 megawatts by the end of March, commissioning 18 MW of new capacity as the engineering major sharpens its focus on digital infrastructure alongside emerging opportunities in green hydrogen and semiconductors.
The additional capacity will lift the group’s operational data centre load from the existing 14 MW, marking a decisive step in a segment that has become a core pillar of its technology-led growth strategy. The commissioning is scheduled to be completed before the close of the financial year, aligning with strong demand from cloud service providers, hyperscalers and large enterprises accelerating their migration to outsourced digital infrastructure.
Larsen & Toubro has steadily built its data centre business over the past few years, leveraging its engineering, procurement and construction capabilities to develop facilities that meet high standards for power efficiency, uptime and scalability. Executives have previously indicated that the group’s focus is on delivering carrier-neutral and hyperscale-ready campuses in key metros, where demand continues to outpace supply despite a wave of new announcements by domestic and global operators.
Industry estimates show that data consumption growth, artificial intelligence workloads and stricter data localisation norms are driving sustained investment in capacity across Asia. India remains one of the fastest-growing markets in this space, with several multinational cloud companies committing to expand their presence. Against this backdrop, L&T’s move to lift capacity by more than double underscores its intention to be a long-term player rather than a peripheral builder.
The data centre expansion is being pursued alongside the company’s ambitions in newer industrial segments. L&T has signalled that it is actively pursuing orders related to electrolysers, a critical component for producing green hydrogen, as governments and industrial groups accelerate decarbonisation plans. Electrolyser manufacturing and deployment are viewed as strategic areas where the company’s heavy engineering background can be translated into repeatable, export-oriented businesses.
Management has also reiterated interest in the semiconductor ecosystem, particularly in supplying equipment, engineering services and infrastructure for chip fabrication and assembly units. While L&T is not positioning itself as a chipmaker, it aims to capture value across the supply chain as multiple semiconductor projects move from proposal to execution stages. The company has indicated that it is evaluating opportunities linked to cleanroom construction, precision engineering and advanced manufacturing systems required by chip plants.
Analysts tracking the capital goods sector note that diversification into data centres and clean energy-linked manufacturing provides a hedge against cyclicality in traditional infrastructure spending. Order inflows from transport, hydrocarbons and power transmission remain important for L&T, but newer verticals are expected to deliver higher margins and longer visibility once scale is achieved.
The data centre business, in particular, benefits from predictable long-term contracts and rising demand for energy-efficient facilities. Power availability and cooling efficiency have become critical differentiators as operators seek to control operating costs and meet sustainability targets. L&T has highlighted its emphasis on optimised designs, modular construction and integration of renewable energy where feasible, in response to customer requirements.
From a financial perspective, the 18 MW commissioning is not expected to materially strain the balance sheet, given the group’s strong cash flows and diversified revenue base. The company has historically funded growth through a mix of internal accruals and selective partnerships, and similar structures are being explored for digital infrastructure projects to manage risk and accelerate execution.
Market participants also point to the broader ecosystem benefits of large data centre builds, including demand for electrical equipment, cooling systems, specialised construction and long-term maintenance services. This creates opportunities for L&T to cross-leverage capabilities across its subsidiaries and verticals, reinforcing the strategic rationale behind the expansion.
Global growth in the mobile games market slowed markedly through 2025, with spending increases tapering and downloads flattening across major regions, according to fresh analysis by data firm AppMagic, reinforcing a shift from the hyper-growth years of the pandemic to a more mature and competitive phase for the industry. The research indicates that while mobile gaming remains the largest segment of the global games business by user […]
Plans taking shape inside SpaceX point to an unusual next step in the global race for computing power: data centres operating in orbit by 2026. The company has begun recruiting specialists in power systems, thermal engineering, networking and on-orbit operations, signalling an effort to pair its satellite infrastructure with space-based computing at a time when demand for artificial intelligence processing is colliding with limits on Earth. People […]
Documents released by the United States Justice Department have revealed how Jeffrey Epstein’s web of influence extended into India, underscoring the disgraced financier’s sustained efforts to cultivate relationships with prominent figures across business, politics and academia long before his arrest and death. The files, unsealed as part of litigation connected to Epstein associate Ghislaine Maxwell, include exchanges indicating contact between Epstein and Anil Ambani over a period […]
Arabian Post Staff -Dubai Kuwait has set out a long-term plan to lift crude oil production capacity to 4 million barrels per day by 2035, up from about 3 million bpd at present, signalling a renewed push to secure upstream growth while managing the pressures of energy transition and market volatility. The target was outlined by Nawaf S. Al-Sabah, deputy chairman and chief executive of Kuwait Petroleum […]
MILAN, ITALY – Media OutReach Newswire – 8 February 2026 – Alibaba Group today opened “Alibaba Wonder on Ice” (AWI), an interactive public installation in Milan’s Piazza del Castello Sforzesco, using artificial intelligence and cloud computing to showcase how virtual retail experiences could evolve during the Milano Cortina 2026 Olympic and Paralympic Winter Games.
Set against the historic backdrop of the Sforza Castle and the commercial artery of Via Dante, AWI turns one of Milan’s most recognizable public spaces into a live demonstration of how digital technologies can intersect with culture, commerce and consumer engagement. Powered by Alibaba’s advanced technology stack, the showcase illustrates how artificial intelligence can enable immersive, interactive digital retail experiences that respond dynamically to individual preferences.
“Alibaba and the IOC share a simple belief together: technology should enable the Olympic Games to be more exciting, accessible, sustainable and connected,” said Joe Tsai, Chairman of Alibaba Group. “With the power of AI, we are moving from “Cloud Olympics” toward “Intelligent Olympics”, as AI helps us work better, make smarter decisions, and connect more meaningfully.”
“I’m delighted to be here at the Alibaba Group Showcase, celebrating nine years of our partnership which represents one of the most significant technological transformations in Olympic history. Building on innovations delivered at recent Games, Milano Cortina 2026 represents a major step forward in cloud-based, AI-enabled broadcasting and operations, setting a new benchmark for future editionsn. Together with Alibaba, we’re not only ensuring the Games remain efficient and sustainable, but also remain engaging through sports media technology to audiences, athletes and fans worldwide”, said Kirsty Coventry, President of the International Olympic Committee (IOC)”
A Personalized Journey Guided by AI
At the core of the installation is an AI-guided journey that brings virtual retail into a physical environment. Upon entry, visitors are invited to share simple preferences—such as their favorite Milano Cortina 2026 sport—with an AI agent, which uses these inputs to curate a personalized journey throughout the space. Visitors may also choose to have their photo taken to generate a real-time digital avatar, further tailoring the journey to the individual.
The AI agent then acts as a virtual stylist, interacting with visitors and offering tailored recommendations for clothing, fragrance, and makeup. As participants make selections, the experience evolves continuously, demonstrating how AI-enabled retail can move beyond static product catalogues towards adaptive, interactive experiences. Each journey culminates in a personalized AI-generated video in which the visitor’s avatar becomes the central character in a digital gala setting.
The experience is supported by Alibaba’s latest AI and cloud technologies, including its Qwen3 series of large language and vision models, Wan 2.2 image-to-video generation model, and Taobao Vision’s immersive shopping solution, and Alibaba Cloud’s global cloud infrastructure.
Architecture Inspired by Ice and Light
Spanning 40 meters, the installation consists of two architectural elements:
The Snow Globe, a spherical pavilion that serves as an interactive space during the day and transforms into a projection surface for AI-generated visuals in the evening
The Crystalized Skirt Building, a sculptural structure inspired by the crystalline geometry of frost and snowflakes, which houses the immersive AI-powered virtual retail experience.
Designed with sustainability in mind, the installation uses recyclable materials and leaves no permanent footprint on the historic plaza.
AWI will be open to the public from February 7–22, 2026, during the Olympic Winter Games, and March 6–15, 2026, during the Paralympic Winter Games.
Showcasing the First AI-Generated Olympic Fan Art Collection
The opening of AWI also marked the unveiling of the results of the Alibaba Cloud AIGC Championship @ Milano Cortina 2026, the first Olympic fan engagement initiative of its kind developed in partnership with the International Olympic Committee, the Olympic Museum and the Milano Cortina 2026 Organising Committee.
Using Alibaba’s Wan video generation models, fans from around the world created original video artworks inspired by four winter sports: figure skating, short track speed skating, alpine skiing, and snowboarding.
A curated selection of the top 100 works is now being displayed on the surface of the Snow Globe. This collection represents the first AI-generated artworks to be displayed by the Olympic Museum located in Lausanne, Switzerland. Ten creators will be awarded tickets to attend the Olympic Winter Games in person.
By combining Olympic inspiration with accessible AI technology, Alibaba Wonder on Ice invites fans worldwide to go beyond spectating, allowing them to step into the Games, express their “vibe,” and join the Olympic Movement in an entirely new way.
Hashtag: #Alibaba
The issuer is solely responsible for the content of this announcement.
About Alibaba Group
Alibaba Group is a global technology company focused on e-commerce and cloud computing. We enable merchants, brands and retailers to market, sell and engage with consumers by providing digital and logistics infrastructure, efficiency tools and vast marketing reach. We empower enterprises with our leading cloud infrastructure, services and work collaboration capabilities to facilitate their digital transformation and grow their businesses.
SpiceJet has expanded its international network with the launch of direct services linking Sharjah with key cities, adding fresh capacity to one of the Gulf’s busiest short-haul corridors and reinforcing Sharjah Airport’s position as a major gateway for travellers between the UAE and the subcontinent.
The new services mark SpiceJet’s return to Sharjah after a prolonged period of network consolidation, coming as demand for point-to-point travel continues to rise among expatriate workers, small businesses and leisure passengers. Airline executives said the route selection reflects sustained passenger flows and a preference for nonstop connections that reduce travel time and reliance on larger hub airports.
Sharjah Airport Authority confirmed that the additional frequencies strengthen the airport’s connectivity with South Asia, which remains among its most significant source markets for both inbound and outbound travel. Passenger traffic on these routes is underpinned by labour mobility, family visits, education links and growing trade ties, particularly in manufacturing, retail and services. Airport officials have previously indicated that traffic volumes on South Asia routes have shown steady recovery and expansion following the disruption of earlier years.
SpiceJet’s Sharjah operations are being introduced at a time when the carrier is gradually rebuilding its international footprint. The airline has focused on deploying narrow-body aircraft on high-density, short-haul sectors where cost discipline and quick turnarounds are critical. Industry analysts note that Gulf routes, especially those linking secondary airports, offer relatively stable yields due to consistent demand and limited seasonality.
The Sharjah services place SpiceJet in direct competition with established operators that already serve the corridor, including full-service and low-cost carriers. Competition on pricing and schedules is expected to intensify, benefiting passengers through wider choice and more flexible travel options. Aviation consultants say Sharjah’s appeal lies in lower operating costs compared with larger hubs, as well as its proximity to northern emirates with sizable expatriate populations.
Sharjah Airport has pursued a strategy of attracting airlines that focus on value-driven travel rather than purely premium traffic. The airport’s ongoing infrastructure upgrades, including terminal enhancements and airside capacity improvements, have been designed to handle rising passenger volumes while maintaining quick processing times. Officials have highlighted that improved facilities support airlines seeking efficient operations without the congestion associated with mega hubs.
For SpiceJet, the move also aligns with broader efforts to stabilise operations and restore market confidence. The airline has worked to address fleet availability and financial pressures, while selectively adding routes that promise strong load factors. Aviation sector observers say disciplined network growth is essential for carriers operating in a competitive low-cost environment, particularly as fuel prices, leasing costs and currency movements continue to influence margins.
Travel industry executives point out that Sharjah’s catchment area extends well beyond the emirate itself, drawing passengers from neighbouring regions who prefer a less crowded airport experience. This has helped Sharjah maintain its relevance despite intense competition from Dubai and Abu Dhabi. The addition of SpiceJet flights is expected to further diversify the airport’s airline mix and strengthen its role as a regional connector.
The launch also reflects a wider trend of carriers re-evaluating secondary Gulf airports as viable alternatives for international expansion. With bilateral air service agreements allowing incremental capacity growth, airlines are increasingly targeting routes that balance volume with operational efficiency. Analysts say this approach is particularly attractive for carriers seeking to rebuild international revenues without overextending resources.
Abu Dhabi welcomed the announcement of talks between the United States and the Islamic Republic of Iran to be hosted by the Sultanate of Oman, describing the move as a constructive step that could ease regional tensions and reinforce diplomatic pathways in the Gulf. The United Arab Emirates said the decision to engage through dialogue reflects a shared recognition that negotiation remains the most effective means to […]
Arabian Post Staff -Dubai Riyadh Air, the new full-service carrier backed by the Public Investment Fund of Saudi Arabia, has entered into a strategic partnership with Mastercard that both companies say is designed to reshape how travellers and businesses engage with airlines, payments and digital services. The agreement, announced as Riyadh Air advances preparations for its first commercial flights, signals an attempt to integrate financial technology into […]
By T N Ashok NEW YORK: For seven decades, American diplomats danced around Kashmir with the precision of tightrope walkers, carefully avoiding any gesture that might suggest the United States had chosen sides in South Asia’s most intractable territorial dispute. Maps were scrubbed of political meaning. Statements were lawyered into studied neutrality. From Truman to […]
Arabian Post Staff -Dubai Sharjah Airport Authority has announced the launch of a new scheduled service by SpiceJet linking Ahmedabad Airport with Sharjah International Airport, expanding the airport’s international network and underscoring the growing demand for direct connectivity between the United Arab Emirates and India. The service adds capacity on a corridor that serves business travellers, tourists and families with close ties across the two regions. The […]
Marvel at the Whimsical Gallop of Horses Adorned in Embroidered Artistry, Alongside an AI Fai Chun Photo Booth and Joyful New Year Rewards
HONG KONG SAR – Media OutReach Newswire – 6 February 2026 – This Chinese New Year, Pacific Place and Starstreet Precinct invite you to take a joyful gallop into the Year of the Horse with ‘Whimsical Gallop’ — a celebration that blends artistry, imagination and auspicious cheer. From 5 February to 3 March 2026, the mall is transformed into a contemporary Chinese garden awash in soft, nature-inspired pink hues. Leading the way is a striking 3.5-metre-tall embroidered horse in Park Court, alongside three other beautifully adorned horses brought to life by Hong Kong embroidery atelier YLYstudio. Together, this quartet of horses brings luck and fortune to all.
Spring Bloom Gallop Pavilion
Beyond the installations, the festivities continue with thoughtful and playful experiences. Create your own personalised blessings at the ‘Splendid Blessings’ AI Fai Chun Photo Booth, and enjoy ‘Galloping Joy’ New Year Shopping Rewards with festive ‘Blooming Splendour’ Lai See packets and exclusive shopping treats. The celebration culminates with lively jazz tap dance performances and a lion dance parade, bringing heritage and modern festivity together for everyone to enjoy.
A Garden Where Embroidery Meets Imagination
Across the mall and into Starstreet Precinct, visitors are immersed in a fantastical Chinese landscape of embroidered ornaments, blooming florals, lanterns and gazebos. YLYstudio dedicated over 1,000 hours to handcrafting more than 590 ornaments featuring eight auspicious motifs — feathers, birds, pomegranates, coins, flowers, four-leaf clovers, ladybirds, and clouds — using over 80 types of sequins, threads, and ribbons. These motifs are showcased on the four horses, spreading good fortune while enriching the festive landscape with depth and artistry.
Spring Bloom Gallop Pavilion
Location: Garden Court, Level LG1, Pacific Place
Three embroidered horses stand in quiet splendour — each a symbol of good luck, harmony and prosperity. Rising above them, a five‑metre‑tall gazebo becomes a sanctuary of artistry, where the eight auspicious motifs conceived by YLYstudio are revealed in delicate detail. Each work conveys multicultural blessings, all rendered with exquisite craftsmanship.
Blossoms of Imagination
Location: Level L1 (near lululemon), Pacific Place
Amid peach blossoms, a pastel pavilion shelters two young horses at rest. The scene evokes New Year anticipation, filled with hope and the promise of spring.
‘Splendid Blessings‘ AI Fai Chun Photo Booth
Blending tradition with technology, the ‘Splendid Blessings’ AI Fai Chun Photo Booth invites visitors to create personalised New Year blessings with a contemporary twist.
By registering as an above member and spending HK$300 on the same day via electronic payment, shoppers can select an auspicious message, capture full-body photos, and receive both printed and animated digital versions to take home and share with loved ones.
Date: 5 February – 3 March 2026 Time: 10am – 10pm
Magical Blessings
Location: Level L1 (near Lane Crawford), Pacific Place
Energetic mini horses line both sides of the pathway, accompanied by floral arrangements and whimsical plants that create a festive corridor of movement and charm. An abundance of mini horses extends the blessings along the way, embodying prosperity and joy in every step.
Poised in Bloom
Location: Park Court, Level L1, Pacific Place
At the heart of Park Court, a 3.5‑metre‑tall
giant horse is poised in mid‑gallop — a graceful emblem of blossoming fortune. Flanked by peach blossoms, it moves forward to usher in a more prosperous year ahead.
Lanterns of Serenity
Location: Outside Three Pacific Place on Wing Fung Street and Star Street
Lanterns sway and blossoms bloom in this outdoor extension of the celebration. Set against the urban backdrop of Starstreet Precinct, the installation carries the festive spirit beyond the mall — inviting passersby to pause, smile and soak in the new year fantasy.
Poised in Bloom
‘Blooming Splendour‘ Lai See Packets – Celebrate the Year of the Horse with Flourishing Flowers
The ‘Blooming Splendour’ Lai See packets are inspired by the elegance of embroidery. They feature delicate floral motifs rendered with painterly precision, blending layers of red, pink, and orange threads to create a sense of graceful movement. At the heart of the design, a sculpted floral emblem evokes abundance, beauty, and new beginnings, enriched with pearl-like accents recalling couture embroidery techniques, where beads, sequins and threads are meticulously layered.
Each set includes 10 Lai See packets in two harmonious colourways, accompanied by a velvet pouch in either soft pink, adorned with a pomegranate charm, or rich green, accented with a lucky four-leaf clover charm. These detachable embroidered charms are thoughtfully designed to be worn or styled long after the festive season, carrying the spirit of prosperity and good fortune throughout the year.
‘Galloping Joy‘ – Elevate Your Experience with Exclusive Shopping Rewards
From 5 to 16 February 2026, shoppers can enjoy festive privileges designed to usher in a prosperous year, including exclusive ‘Blooming Splendour’ Lai See packets, movie ticket exchange coupons, Pacific Place shopping e-vouchers and gourmet treats.
Accumulated Same-day Electronic Spending
Shopping Rewards*
HK$3,800 – HK$8,799
One Set of ‘Blooming Splendour’ Lai See Packets + Two MOViE MOViE Pacific Place Ticket Exchange Coupons (valued at HK$260)
—
HK$8,800 – HK$17,999
HK$300 Pacific Place Shopping e-Voucher
HK$18,000 – HK$37,999
HK$600 Pacific Place Shopping e-Voucher + The Grand Sicilian Pistachio Puff (valued at HK$128)
HK$38,000 – HK$87,999
HK$1,400 Pacific Place Shopping e-Voucher + The Grand Sicilian Pistachio Puff (valued at HK$128)
HK$88,000
or above
HK$2,400 Pacific Place Shopping e-Voucher + COVA Nutty Duo Cookie Gift Box (valued at HK$198)
*Shoppers are required to join the Pacific Place Loyalty Programme – above and meet the accumulated same-day spending requirement by electronic payment during the Promotion Period in order to be entitled to redeem Shopping Rewards. The Rewards are limited in quantity and are available on a first-come, first-served basis while stocks last. Other Terms and Conditions apply.
The Year of the Horse arrives in a dance of joy. Step Out Studio and fellow tap dancers will be tapping out the heartbeat of the season, their rhythms galloping alongside the soaring notes of Jazz Band led by Nate Wong. Together, they will conjure a celebration where artistry and vitality run free. After the lions are awakened in an eye‑dotting ritual, our lion dance parade will unfurl like a living tapestry of tradition — spreading fortune, unity and exuberance throughout the mall, and inviting everyone to stride boldly into the year ahead.
Tap and Jazz into the New Season
Let your feet and heart gallop with joy as Step Out Studio and fellow tap dancers bring tap to life, echoing the energy of racing hooves. Accompanied by keyboard, bass, and saxophone from Nate Wong’s Jazz Band, the performance blends percussive footwork with swinging jazz, creating a lively celebration of the Year of the Horse.
Dates:
14 February 2026 – Performers: Cal (Step Out Studio), Zoe Chan, Jazz Band led by Nate Wong
21 February 2026 – Performers: Cal (Step Out Studio), Natalie Hung, Jazz Band led by Nate Wong
Time: 3:30pm
Location: Level L1 (near Shiro), Pacific Place
Roaring into Prosperity: Eye-dotting Ceremony & Lion Dance Parade
Stride into the excitement of the Chinese New Year at Pacific Place! After bringing the lions to life in a traditional eye-dotting ceremony, the lion dance parade will wind its way through the mall, spreading energy, luck, and prosperity for the year ahead.
Date: 23 February 2026 (Monday, 7th day of Chinese New Year)
Time: 1pm
Location: Park Court, Level L1, Pacific Place
Join the ‘Whimsical Gallop’at Pacific Place and Starstreet Precinct this Chinese New Year — where embroidered artistry, festive celebrations, and joyful rewards come together to welcome a year filled with good fortune and blooming possibilities.
The issuer is solely responsible for the content of this announcement.
About YLYstudio
YLYstudio is a Hong Kong-based embroidery atelier celebrated for blending traditional craftsmanship with contemporary design. Founded by Lilian Tsang Lai Yu and Matt Hui Yip Long, the studio brings decades of global fashion experience and artistry to every creation.
Lilian Tsang previously served as chief designer for a Hong Kong fashion label and honed her craft at LECOLE LESAGE, the prestigious haute couture embroidery school owned by the Chanel Group in Paris. She also interned at Elisabeth Gasbarre Rousseau Haute Couture Studio in Lyon, France. With a deep passion for teaching, Lilian now shares her embroidery expertise in Hong Kong, inspiring a new generation of artisans.
Matt Hui is a Hong Kong-based fashion designer graduated from the Royal College of Art in 2013. Passionate about the creative process and fine workmanship, he has collaborated on stage costumes for renowned singers including Panther Chan and Bondy Chiu. Since 2024, Matt has also ventured into the film industry as a custom tailor, contributing to international productions such as Ballad of a Small Player and Emmanuelle.
About Pacific Place
Located in the heart of Admiralty, Pacific Place is the destination for exceptional service and unique experiences. As a pioneer of innovative retail concepts in Hong Kong, Pacific Place continues to transform the retail scene by delighting visitors with an array of curated experiences through diversified offerings. Since its inception in 1988, Pacific Place has established itself as Hong Kong’s premier lifestyle hub, a mixed-use development that continues to evolve and grow as the ultimate destination to shop, dine, work, stay, relax and play. It houses one of Hong Kong’s largest collections of luxury brands and diverse dining offerings, making every visit a memorable one. In addition to being a prime transportation hub, Pacific Place is home to five Grade-A office towers, 268 serviced apartments, and four five-star hotels: The Conrad, Island Shangri-La, JW Marriott and Upper House Hong Kong.
Customer enquiry hotline: (852) 2844 8988
Website: www.pacificplace.com.hk
Facebook: @Pacific Place Hong Kong
Instagram: @pacificplacehk
WeChat: @PacificPlaceHK
XiaoHongShu: @Pacific Place HK
About Starstreet Precinct
Starstreet Precinct is a vibrant destination in Wan Chai, comprised mainly of Wing Fung Street, Star Street, Moon Street, Sun Street, and St. Francis Yard. Over the years, the neighbourhood has evolved from a quaint, historic landmark, into an eclectic hangout hotspot for those with a unique sense of style and character. Filled with cosy cafés, restaurants, bars, boutique shops with the most coveted fashion selections, galleries and interior design stores, the precinct offers an array of day-to-night experiences. With a focus on community and a passion to foster a sustainable lifestyle for all, Starstreet Precinct and its tenants are collectively working to build a better future together. Connected to Pacific Place and Admiralty station through the Three Pacific Place underground link, the neighbourhood is a hidden gem in the heart of Hong Kong.
Dubai-based property developer Binghatti has priced a $500 million five-year sukuk after attracting demand that significantly exceeded the issue size, underscoring sustained investor appetite for higher-yield Gulf credit despite tighter global financial conditions. The Islamic bond was priced on Thursday with a profit rate of 8.375 per cent, equivalent to a spread of 461.3 basis points over US Treasuries, according to transaction details. Orderbooks climbed beyond $2.2 […]
Ushering in a new chapter featuring a four-hand gastronomic symphony by Chefs from Culinary Class Wars Season 2
HONG KONG SAR – Media OutReach Newswire – 6 February 2026 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is thrilled to announce the second season of DBS ARTable, an exclusive event meticulously curated for our esteemed clientele. Coinciding with the city’s most vibrant art season in March, DBS ARTable 2026 will offer an elevated prelude to this annual celebration of artistic mastery and gastronomy.
Jun Lee, Executive Chef of Seoul’s two-Michelin-starred restaurant Soigné (left) and Yun Na-ra, Owner & Chef of Yunjudang Brewmaster (right)
Building on the strong momentum of its inaugural year, the upcoming edition promises an even more refined and harmonious dialogue of visual and gastronomic arts. The culinary journey at DBS ARTable 2026 will ascend to new heights with an extraordinary 4-hand dining experience curated by two acclaimed chefs from “Culinary Class Wars Season 2” – Jun Lee, Executive Chef of Seoul’s two-Michelin-starred restaurant Soigné and Yun Na-ra, Owner & Chef of Yunjudang Brewmaster.
DBS ARTable, presented by Tatler, is a flagship initiative under the bank’s “DBS Culinary Delights”, catering to the aspirational preferences of its wealth clients. DBS remains dedicated to offering unparalleled experiences that blend sophisticated advisory with personal touches.
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The issuer is solely responsible for the content of this announcement.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
Y Combinator continues to generate outsized returns from companies with roots in India even as its broader influence across Asia shows signs of long-term retreat, reflecting a strategic shift by the world’s best-known startup accelerator amid changing regional dynamics. While founders from Bengaluru, Chennai and Delhi remain visible in its demo days and alumni rosters, the programme no longer shapes Asia’s startup narrative in the way it once did.
Founded in 2005 in Silicon Valley, Y Combinator built its reputation by backing early-stage companies that later became global giants, including Airbnb, Stripe and Dropbox. Its appeal in Asia peaked during the previous decade, when limited access to global capital and mentorship made association with a US-based accelerator especially valuable. India emerged as one of the biggest beneficiaries, with dozens of YC-backed startups securing follow-on funding, overseas market access and high-profile exits.
Companies such as Razorpay, Meesho and Groww, all of which passed through the YC ecosystem in earlier years, became reference points for founders seeking validation from global investors. India’s expanding pool of engineers, rising digital adoption and a large domestic market aligned well with YC’s software-first investment philosophy. These successes continue to deliver financial returns for the accelerator through equity stakes that have appreciated sharply as several firms reached unicorn valuations or prepared for public listings.
Yet the accelerator’s footprint across Asia has narrowed. YC formally closed its China-focused efforts earlier in the decade, citing regulatory complexity and difficulties operating within a tightening policy environment. Activity in Southeast Asia also slowed, with fewer batches featuring startups from Indonesia, Vietnam or Thailand compared with earlier years. The shift reflects not only YC’s internal priorities but also the maturation of Asia’s startup ecosystems, which now offer more local alternatives.
Across Asia, domestic accelerators, corporate venture arms and sovereign-backed funds have stepped in to fill gaps once dominated by Silicon Valley programmes. In India, initiatives backed by large conglomerates, universities and state governments provide capital, mentorship and market access without requiring relocation or deep integration into the US ecosystem. Southeast Asia has followed a similar path, with regional venture firms increasingly willing to lead early rounds.
YC itself has changed. The accelerator has leaned further into its core strengths, focusing on fewer geographies while doubling down on artificial intelligence, developer tools and enterprise software. Its decision to emphasise remote participation during and after the pandemic reduced the symbolic value of spending months in Silicon Valley, a factor that once set YC apart for Asian founders. While remote access broadened participation, it also diluted the sense of exclusivity that helped the programme stand out.
For Indian startups, the relationship with YC has become more transactional. Participation is still seen as a strong signal of quality, especially for companies targeting global markets or US-based customers. However, founders increasingly view YC as one of several possible launchpads rather than a defining milestone. Follow-on funding now depends less on accelerator pedigree and more on unit economics, regulatory clarity and the ability to scale within complex local markets.
Investors tracking Asia’s venture landscape note that YC’s reduced presence does not imply a loss of relevance everywhere. India remains an exception because of its scale, talent depth and ongoing pipeline of software-led startups with global ambitions. YC partners continue to engage with Indian founders, and each batch includes a steady, if smaller, number of companies from the country. Returns from earlier bets ensure that India remains financially meaningful to the accelerator.
At the same time, YC no longer sets the pace for Asia-wide innovation trends. Local accelerators and venture funds are shaping sectors such as fintech, climate technology and logistics, areas where regulatory nuance and on-the-ground execution matter as much as global networks. Governments across the region have also become more involved in startup promotion, offering grants, sandboxes and procurement opportunities that reduce reliance on foreign programmes.
JPMorgan has argued that bitcoin’s declining volatility relative to gold is reshaping long-term investment calculations, even as near-term pressures from exchange-traded fund outflows and futures market liquidations weigh on crypto prices. The bank’s analysts said the contrast between short-term stress and longer-horizon metrics highlights a shift under way in how institutional investors assess risk in digital assets. Bitcoin has traded within a tighter range over the past […]
Arabian Post Staff -Dubai Jordan-based education technology company Alefredo has acquired United Kingdom tutoring firm Tutor House, marking its formal entry into the UK market and accelerating its push to build a hybrid learning platform spanning Europe, the Middle East and Africa. The deal brings Alefredo a network of more than 30,000 vetted tutors across multiple subjects and age groups, significantly expanding its reach beyond its home […]
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By T N Ashok NEW YORK: For seven decades, American diplomats danced around Kashmir with the precision of tightrope walkers, carefully avoiding any gesture that might suggest the United States had chosen sides in South Asia’s most intractable territorial dispute. Maps were scrubbed of political meaning. Statements were lawyered into studied neutrality. From Truman to […]
