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Swedish artificial intelligence start-up Lovable has raised $400 million at a $13.3 billion valuation, doubling its worth in less than a year as demand grows for tools that let employees build software using natural-language instructions. The Series C financing was led by Menlo Ventures and the Scaleup Europe Fund, with participation from investors including Balderton Capital, Carmignac, Tencent, World Innovation Lab and Regent. The transaction lifts Lovable’s […]

Food & Drink is now the fastest-growing category among Airbnb Experiences in Indonesia by search demand, with Bali emerging as the top spot for culinary bookings.

BALI, INDONESIA – Media OutReach Newswire – 12 August 2026 – For many travelers, exploring local culinary traditions is the trip itself. New Airbnb data highlights the popularity of culinary Experiences across Indonesia, with both domestic and international travelers seeking out food-led activities for a more authentic taste of the culture.

Left: Chef Arnold Poernomo | Right: Chef Reynold Poernomo (Airbnb)
Left: Chef Arnold Poernomo | Right: Chef Reynold Poernomo (Airbnb)

Since its launch, Food & Drink has become Airbnb Experiences’ third-most-popular category in Indonesia, behind only Nature & Outdoors and History & Culture[1]. Bali sits at the heart of this culinary interest, with over 90% of all culinary Experience bookings in Indonesia taking place on the island1.

Guest feedback backs this up. Indonesia’s culinary Experiences carry a 4.94 average rating, with reviewers most often reaching for words like “authentic,” “traditional,” “hands-on,” “local,” and “family”[2].

The appetite extends beyond Experiences, too: searches for Airbnb homes with kitchen amenities in Indonesia are up over 20% year-on-year[3], suggesting that more guests are choosing stays where they can cook together and recreate the local flavours they discover during their trip.

Amanpreet Bajaj, Airbnb’s Country Head for Southeast Asia & India, said, “Today’s travelers are increasingly looking for experiences that help them connect more deeply with the places they visit, and food has become one of the most meaningful ways to do that. Whether it’s shopping at a neighbourhood market, learning a family recipe, or cooking together in an Airbnb, these moments create lasting memories while supporting local communities. Through Airbnb Experiences, we’re proud to help travelers discover Indonesia in a way that feels more personal, immersive, and connected to local culture.“

To spotlight this growing appetite for culinary travel, Airbnb recently hosted a one-off Culture & Culinary Trail luncheon in Bali with renowned chefs Arnold and Reynold Poernomo — a chef-curated dining moment celebrating Bali’s culinary heritage through local ingredients and stories. The luncheon offered a preview of what travelers can already find on Airbnb Experiences: intimate sessions on local food culture, interactive dining sessions, and meals hosted by local chefs in Bali and beyond.

Arnold Poernomo said, “As chefs, we’ve always believed that some of the most memorable travel memories happen around the dining table. Food has a unique way of bringing people together and telling the story of a place through its ingredients, traditions, and the people behind them. By hosting this luncheon with Airbnb, we wanted to celebrate Bali’s rich culinary heritage and inspire travelers to look beyond the plate, to discover the culture, communities, and local stories.“

For Reynold Poernomo, the most memorable travel experiences often begin with discovering the people behind the food.

“For the more adventurous, go to the markets, and you’ll discover some unique produce that you’ll most likely not find in any other part of the world. That’s part of why we love what Airbnb Experiences does – it connects you directly with local hosts who can take you to those markets and show you ingredients you’d never find wandering on your own.”

The Poernomo brothers recommend three Airbnb Experiences worth booking on a Bali trip:

As travelers continue seeking slower, more meaningful ways to explore destinations, Airbnb Experiences inspire visitors to discover a different side of Bali — through the people, ingredients, and stories shared around the table.

Disclaimer: All Experiences referenced are intended purely to inspire and illustrate. Airbnb does not recommend or endorse specific listings on the Airbnb platform.


[1]Based on Airbnb internal data of Experience categories across Indonesia

[2] Based on Airbnb internal data reflecting Q1 2026 average star ratings and 5-star rates for culinary Experiences in Indonesia, as well as the highest-ranking review keywords mentioned for culinary Experiences in Bali

[3]Based on Airbnb internal data of the most searched amenities for listings in Indonesia, comparing February–March 2025 to February–March 2026

Hashtag: #Airbnb #AirbnbExperiences #Travel #TravelTrends


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

Airbnb

About Airbnb

Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5.5 million hosts who have welcomed 2.5 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.

For more information, please contact:

Nicolette Koh, Airbnb – nicolette.koh

Maverick Indonesia –

HANOI, VIETNAM – Media OutReach Newswire – 12 August 2026 – Vinpearl has officially been named the strongest hotel brand globally in 2026 by Brand Finance, the world’s leading brand valuation consultancy, with its brand value surging 86% to US$381 million. This marks the first time a Vietnamese brand has claimed the No. 1 position in global hotel brand strength and entered the Top 50 Most Valuable Hotel Brands in the World. Vinpearl’s remarkable breakthrough not only elevates the stature of the company, but also helps establish a new position for Vietnamese tourism on the international stage.

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With a Brand Strength Index (BSI) score of 95.4/100 and an AAA+ rating, Vinpearl has surpassed a host of renowned hospitality names to rank No. 1 globally in hotel brand strength.

The Brand Strength Index (BSI) score reflects a brand’s overall strength, encompassing investment performance, customer and partner consideration, and its ability to generate business value.

The AAA+ rating is the highest level in Brand Finance’s brand strength rating system.

Alongside its No. 1 ranking, Vinpearl’s brand value also recorded a record increase of 86% to US$381 million year on year, enabling the company to enter the Top 50 Most Valuable Hotel Brands in the World for the first time.

Vinpearl’s position in brand strength has been driven by accelerated growth across all areas of its operations.

Specifically, in terms of financial strength, in 2026, VPL shares were included in the VN30 Index. Vinpearl also successfully raised US$255 million from SeaTown Holdings, Oman Investment Authority and Vietnam Oman Investment.

In terms of market development, Vinpearl has continued to expand its global connectivity in 2026, signing strategic cooperation agreements with leading international and regional partners, including Agoda, AirAsia MOVE, BeMyGuest, GlobalTix, Klook, CAITO, Thomas Cook India, SOTC Travel, MakeMyTrip, IHG Hotels & Resorts and Marriott International, among others. These partnerships aim to increase international visitor flows and enhance service quality across Vinpearl’s system.

In terms of products and services, Vinpearl has continued to expand its multi-segment tourism, hospitality and entertainment ecosystem in 2026. Key initiatives include the launch of Vinpearl Legendlux, a six-star ultra-luxury hotel brand; the introduction of VinFun, a new-generation hotel brand designed to cater to a broader range of guests; the development of Vin New Horizon, a wellness and senior living offering; the premiere of the spectacular stage production “The Grand Epic of Vietnam”; and the launch of The Vietnam Grand WeddX 2026, a new-generation platform for exhibitions and industry connections in Vietnam’s wedding sector.

The collective efforts of the entire ecosystem in 2026 have driven Vinpearl’s remarkable rise in rankings, from being the leading hotel brand in Southeast Asia to becoming the strongest hotel brand globally .

Beyond Brand Finance, the strength of the Vinpearl ecosystem has also been continuously recognized by leading global tourism organizations and platforms. In 2026, VinWonders Nha Trang became the only representative from Vietnam to be included in the Top 100 Global Best Family-Friendly Attractions; Vinpearl Resort & Golf Nam Hoi An received the ASEAN Green Hotel Award 2026; while Vinpearl’s hotels and resorts and VinWonders properties have continued to receive recognition from Booking.com, Agoda and Trip.com, among others, through rankings and awards.

Recognition from the world’s leading tourism rating organizations serves as an important source of motivation for Vinpearl to further elevate its ecosystem, bringing destinations and experiences imbued with Vietnamese identity closer to domestic and international travelers. The company is moving toward its goal of becoming a leading global tourism and hospitality brand, while contributing to elevating Vietnam’s position on the world tourism map.

Hashtag: #Vinpearl

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

About Brand Finance

Brand Finance Plc is the world’s leading brand valuation consultancy, founded in 1996 in London, United Kingdom. It is the only company with a brand valuation methodology that complies with the ISO 10668 international standard for brand valuation, with a presence in more than 20 countries worldwide. Brand Finance reports are used by numerous countries, governments and leading global corporations.

Every year, Brand Finance conducts valuations of more than 70,000 brands worldwide. This marks the 10th year that Vietnam has been included among the countries whose brands are valued by Brand Finance, with Brand Finance Asia-Pacific, headquartered in Singapore, responsible for publishing the rankings.

About Vinpearl

Established in 2003, Vinpearl is Vietnam’s leading brand in tourism, hospitality, entertainment and experiential travel. After more than two decades of development, Vinpearl currently operates 62 properties across 20 provinces and cities.

Its ecosystem comprises 35 five-star hotels and resorts with more than 17,500 rooms; 15 VinWonders theme parks featuring a diverse range of attractions suitable for guests of all ages; six world-class golf courses; and four international-standard VinPalace convention centers and theaters.

The ecosystem also includes two semi-wildlife animal conservation and care parks and one equestrian academy, among other offerings. Particularly notable are Vinpearl’s impressive and distinctive “million-dollar” live shows, staged at destinations including Nha Trang and Phu Quoc, which attract millions of visitors each year.

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Arabian Post Staff -Dubai Moody’s Ratings has placed Binghatti Holding Ltd’s Ba3 rating on review for downgrade, signalling rising concern over the Dubai developer’s liquidity and its ability to generate sufficient cash as major debt obligations approach. The action covers Binghatti’s Ba3 corporate family rating and Ba3-PD probability of default rating. The company previously carried a stable outlook. The review reflects a sharp deterioration in unrestricted liquidity […]

KOTA DAMANSARA, MALAYSIA – Media OutReach Newswire – 12 August 2026 – Thomson Hospital Kota Damansara (“Thomson”) is the first hospital in Malaysia to introduce a next-generation integrated surgical energy platform into its operating theatres. This innovation strengthens its minimally invasive surgical capabilities and enhances patient experience.

From left: Dr Savitha Dharan, CEO of Thomson Hospital Kota Damansara, Dr Wong Sze Ming, Consultant General & Colorectal Surgeon, Jo-Ann Gan, Commercial Lead (Surgery) Malaysia & Brunei, J&J MedTech, Prof Dr Prasanna Supramaniam, Consultant in O&G, Fertility Specialist, Subspecialist in Reproductive Medicine, Minimal Invasive Gynaecological Surgeon & Ng Yee Voon, Senior General Manager, Thomson Fertility.
From left: Dr Savitha Dharan, CEO of Thomson Hospital Kota Damansara, Dr Wong Sze Ming, Consultant General & Colorectal Surgeon, Jo-Ann Gan, Commercial Lead (Surgery) Malaysia & Brunei, J&J MedTech, Prof Dr Prasanna Supramaniam, Consultant in O&G, Fertility Specialist, Subspecialist in Reproductive Medicine, Minimal Invasive Gynaecological Surgeon & Ng Yee Voon, Senior General Manager, Thomson Fertility.

Multidisciplinary Tertiary Hospital with Comprehensive Surgical Capabilities

As a multidisciplinary tertiary hospital, Thomson offers minimally invasive surgery across a broad range of specialties through laparoscopic, thoracoscopic (VATS), endoscopic, arthroscopic, and microsurgical approaches.

Thomson has also further expanded to its wide range of surgical offerings with two advanced procedures: the Transoral Endoscopic Thyroidectomy Vestibular Approach (TOETVA), a scarless thyroid surgery performed through the mouth that eliminates visible neck incisions, and laparoscopic surgery for endometriosis, a keyhole procedure that enables the diagnosis and treatment of endometriosis through small incisions. Together, these procedures provide patients with more treatment options while supporting faster recovery where clinically appropriate.

Dr Savitha Dharan, Chief Executive Officer of Thomson Hospital Kota Damansara, explains, “Our aim is to provide patients with access to comprehensive, outcome driven surgical care under one roof. By continuously expanding our minimally invasive surgical capabilities, we empower our multidisciplinary teams to tailor the most appropriate treatment for every patient while delivering care that prioritises safety, precision and better patient outcomes.”

Advancing Surgical Care Through Technology

This next-generation integrated surgical energy platform brings multiple surgical energy technologies together on one platform, equipping surgeons with advanced technology that supports greater surgical precision and shorten overall procedure times. By combining tissue dissection and vessel sealing on a single platform, it enables more efficient surgical workflows targeted in reducing operating times, tissue trauma and recovery time where clinically appropriate.

“When investing in technology, Thomson’s main priority is delivering value-based care; we want better patient outcomes, operational efficiency and long-term value for both patients and our clinical team. This platform allows us to do just that – perform precise minimally invasive procedures and help deliver safe, effective care tailored to each patient’s clinical needs,” Dr Savitha expanded further.

Supported by experienced multidisciplinary teams and modern operating theatres, Thomson continues to invest in technologies that enhance surgical capabilities and improve the overall patient journey.

Supporting Sustainable Healthcare

Beyond its clinical benefits, this advanced integrated surgical energy platform aligns with Thomson’s Environmental, Social and Governance (ESG) commitments by reducing equipment redundancy and improving operating theatre efficiency. This enables the hospital to optimise resource utilisation while continuing to deliver high-quality patient care.

The introduction of the advanced integrated surgical energy platform marks another milestone in Thomson’s ongoing investment in advanced medical technologies, reinforcing its position as one of Malaysia’s leading private hospitals committed to innovation, clinical excellence and patient-centred care.

KKLIU 3218 / EXP 31.12.2028

Hashtag: #ThomsonHospital

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

About Thomson Hospital Kota Damansara

Thomson Hospital Kota Damansara (“Thomson”), the flagship hospital of TMC Life Sciences Berhad, is a multi-disciplinary tertiary care centre strategically located in the prime alcove of Kota Damansara, Selangor, established in 2008. Thomson holds a capacity for 554-beds including 25 critical care beds, and houses more than 160 consultant specialists across over 60 specialties and sub-specialties.

An award-winning institution, Thomson’s regional accolades include recognition by and as one of Asia’s Top Private Hospitals and Clinics 2026, awarded the Specialist Hospital of the Year, and Specialty Hospital of the Year – Malaysia in 2024 for paediatric services and in 2025 for pulmonology services.

Guided by its vision to be the “Premier Provider of Outstanding Value-Based Medical Services in Southeast Asia”, Thomson remains committed to clinical excellence and is poised for continued growth to meet evolving healthcare needs.

For more information, please visit or follow THKD on social media platforms @thomsonhospitalKD.

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SINGAPORE – Media OutReach Newswire – 12 August 2026 – Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report. Annual investment in data centers is projected to double from around US$500bn in 2024 to more than US$1trn as early as 2027. The investment opportunity extends far beyond server halls to electricity generation, grid infrastructure, cooling, networking, and semiconductors. According to Allianz Research, the US and China are expected to account for around 62% of new global capacity additions through 2030, but the next wave of investment is becoming increasingly global. In Europe, Germany, the UK and Ireland remain major markets, but faster expansion is expected in Spain, Finland and Denmark, where power availability and permitting conditions can be more favorable. Across Asia Pacific, excluding China, installed capacity is projected to increase from around 9GW today to more than 28GW by 2030, with Malaysia expected to grow more than tenfold.
“AI is turning the latest generation of data centers from a specialist real estate asset into mission-critical infrastructure,” says Thomas Lillelund, CEO of Allianz Commercial. “The scale of investment is extraordinary and, as these centers evolve beyond traditional data storage to high-performance compute demands, success will increasingly depend on resilience: access to power, reliable supply chains, robust construction controls, as well as climate-aware site selection and insurance programs that reflect the true accumulation risk. Indeed, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects.”

Resilience must be central to data center operations
The sector’s biggest constraints are increasingly physical rather than financial. Competitive advantage is increasingly determined by access to electricity, grid connections, permitting, specialized equipment and skilled labor. In the US alone, the construction industry faces a shortage of around 439,000 skilled workers, while an estimated 349,000 additional workers may be needed in 2026. Climate resilience is increasingly a strategic consideration rather than an operational afterthought. Around 79% of global data center capacity is already located in areas exposed to heightened natural catastrophe risk, while 54% is exposed to chronic heat and drought stress. Some of the fastest-growing AI infrastructure markets are also among the most climate-exposed, including Northern Virginia, US, Johor in Malaysia, and Marseille, France. Acute flood, wildfire and wind exposure is highest in the Americas, affecting 86% of capacity, while chronic heat and drought stress is greatest in Asia Pacific, where 89% of capacity is exposed.

Global data center insurance market will more than double by 2030
Insurance is evolving alongside the sector. As data centers assume a more critical role in infrastructure, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects. Construction costs for a single AI campus can exceed US$20bn, with insured values rising substantially once high-performance computing equipment is installed. The global data center insurance market is projected to grow from around US$11bn today to more than US$24bn by 2030, reflecting rapid capacity expansion, rising insured values and increasing operational complexity. Demand is expected to extend beyond traditional property cover towards integrated solutions spanning construction, engineering, property, business interruption, cyber and liability, while also creating new opportunities in areas such as energy resilience, operational continuity, and technology risk.

Risk and claims trends: fire drives severity; water damage frequency
Allianz Commercial analysis of insurance industry data center-related claims shows that fire is the leading driver of loss severity, accounting for well over 50% of around €700mn (US$800mn) worth of losses. Natural catastrophe activity ranks second, followed by willful acts, which include crime and cyber incidents, followed by power failure. Water damage is the most frequent cause of data center claims, followed by willful acts, fire, and equipment breakdown. Business interruption is the primary driver of claims severity by line of insurance, highlighting the significant financial impact of operational downtime.

The data center risk profile is changing as facilities become larger, more complex, and more increasingly interdependent. Hyperscale and colocation of campuses can bring together multiple tenants, construction works, servers, supporting utilities and on-site infrastructure in one physical or operational space. A single event can therefore trigger claims across property, construction, business interruption, liability, cyber, and financial lines. Real-life claims case studies show that in hyperscale facilities, damage to external cooling systems, hot works-related fire damage, and a delay in start-up caused by power disturbances have each resulted in losses in the US$50mn to US$100mn range.

“For insurers, the key question is not only the value of the building, but the concentration of value and dependency inside and around it. Power, cooling, batteries, fiber routes, testing and commissioning, and business continuity planning are all part of the same risk picture. Effective risk mitigation must begin early and continue throughout the data center lifecycle. Resilience must be designed in from the earliest planning stage,” explains Christian Kolbe, Global Head of Construction Claims at Allianz Commercial.

Clarity between policies essential to avoid ambiguity
Data center projects encompass different project phases with several stakeholders and interests involved, which can create complications. During the construction phase, stakeholders include the owner, developer, contractor, and subcontractors, whereas in the operational phase, the stakeholders include the owner-operator, and potentially multiple tenants or end users. For example, different policies could respond to a hot works-related fire resulting in damage to a data center nearing completion, and this would impact different stakeholders.

“Clarity is critical with an insurance claim,” says Charlotte Field, Regional Head of Short-tail Claims, Asia, at Allianz Commercial. “Clearly documented handovers are essential between your construction all-risk policy and operational policy. There must be no ambiguity about practical completion, in order to avoid disputes over which policy responds to a particular event and the extent of cover.”

Hashtag: #AllianzCommercial


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

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, , and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and risk transfer solutions, outstanding and services as well as seamless handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally.

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