Tether has led an $8 million strategic funding round in Abu Dhabi-based tokenisation firm KAIO, backing a business that says it wants to move institutional funds onto blockchain rails and widen access to products that have traditionally sat behind high minimum investment thresholds. The deal places one of the digital-asset sector’s most influential companies behind a UAE platform seeking to turn regulated fund interests into on-chain instruments. […]
Coinbase and Bybit are discussing a partnership focused on tokenisation, custody and distribution of U. S. stocks, a move that would tie one of the largest listed crypto exchanges to one of the sector’s biggest offshore trading venues as competition intensifies around blockchain-based versions of traditional assets. The talks, as reported, do not involve a stake purchase or any comparable transaction tied to Bybit’s route into the […]
Arabian Post Staff -Dubai The United Arab Emirates said it had dismantled a terrorist organisation inside the country and arrested its members over what authorities described as a covert plot to undermine national unity, infiltrate sensitive locations and prepare sabotage operations. Investigators said the group was tied to Iran’s Wilayat al-Faqih doctrine, while state-linked reporting in the UAE said officials had publicly identified 27 suspects as part […]
Receivables financing facility enables competitive open account terms and supports international growth
SHANGHAI, CHINA – Media OutReach Newswire – 21 April 2026 – Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind’s Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.
With this structure in place, the exporter maintains 90-day open account terms for its international buyers without placing pressure on working capital.
How Longer Payment Terms Strained a Manufacturer’s Liquidity
The client is a cable manufacturer with over 30 years of operating history in Vietnam. For most of that period, the company relied on advance payments and letters of credit to manage its export transactions.
As competition in global cable supply increased, buyers began requiring open account terms as a condition of continued business. The exporter transitioned accordingly, but the shift created a significant gap between production costs and the moment of payment collection.
The company had export credit insurance in place, which provided partial protection against buyer default. However, the residual risk exposure of 10 to 20 percent remained uncovered, and the insurance did not address the working capital shortfall that came with extended payment cycles. Despite a strong order book and established buyer relationships, the exporter’s cash position was under pressure.
How the Facility Works: Converting Receivables into Working Capital
Tradewind structured a non-recourse export factoring facility aligned with the client’s trade flows to the United States and Australia. The facility operates as follows:
Advance funding: Tradewind advances up to 90 percent of each invoice value shortly after shipment, converting receivables into available cash.
Credit protection: Because the facility is non-recourse, Tradewind assumes the buyer credit risk. By leveraging this structure, the exporter benefits from 100% credit protection against buyer default or insolvency.
Collections management: Tradewind manages the receivables administration and collection process, reducing the operational burden on the exporter’s finance team.
This structure replaces the partial protection previously offered by export credit insurance with a more comprehensive solution that covers both the financing gap and the full buyer credit risk on approved receivables.
What This Means for the Exporter
With the facility in place, the exporter can offer 90-day payment terms to its buyers without absorbing the cash flow impact internally. Production cycles are no longer constrained by the timing of buyer payments, and the company has a predictable source of liquidity tied directly to its shipment activity.
The non-recourse structure also removes a layer of financial uncertainty. Rather than relying on insurance with residual exposure, the exporter now operates with full credit coverage on approved buyers through Tradewind’s facility.
Why Tradewind Was Selected
Tradewind was selected for its ability to structure receivables financing solutions for cross-border trade flows involving multiple buyer markets. Key factors in the decision included:
Over 25 years of experience in international trade finance, with particular depth in export factoring across Asia, the Americas, and Europe
Local structuring capability through Tradewind’s Shanghai office, with direct knowledge of Vietnamese export markets
A financing structure tailored to the client’s specific trade corridors and buyer payment terms
Consistent execution and clear communication throughout the onboarding process
A Facility Built Around the Client’s Trade Flows
“This facility gives the client a reliable source of working capital tied directly to its export activity,” said Chris Chang, Regional Commercial Director, Far East at Tradewind Shanghai. “By structuring the solution around their specific trade flows to the United States and Australia, we were able to address both the financing gap and the credit risk exposure in a single facility.” Facing Similar Pressure from Extended Buyer Payment Terms?
Tradewind structures receivables financing solutions for exporters managing cash flow across international trade corridors. Whether you are dealing with longer payment cycles, buyer credit risk, or the operational complexity of cross-border collections, we can help you find the right structure for your situation.
Contact us at www.tradewindfinance.com to discuss how a tailored trade finance solution can support your export business.Hashtag: #Tradewind #TradewindFinance #Cable #Vietnam #Factoring #Manufacturing
The issuer is solely responsible for the content of this announcement.
About Tradewind Finance
Founded in 2000, Tradewind Finance is a global trade finance company specialising in cross-border receivables financing, export factoring, supply chain finance, and credit protection. Tradewind maintains a network of offices across Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, the United Arab Emirates, and the United States, alongside its headquarters in Germany. By combining financing, credit protection, and collections into a single integrated solution, Tradewind helps exporters and importers manage working capital, reduce risk, and grow their international trade with confidence.
KUALA LUMPUR — The United Arab Emirates National Pavilion opened strongly at DSA and NATSEC Asia 2026 in Kuala Lumpur on Monday, drawing senior military, government and industry visitors as Gulf defence manufacturers used one of Asia’s largest security exhibitions to press for deeper commercial ties, technology partnerships and export growth in South-East Asia. The pavilion is part of the four-day event being held from 20 to […]
Grinex, a Kyrgyzstan-based cryptocurrency exchange under Western sanctions, has suspended operations after losing about one billion roubles, or roughly $13.1 million, in what it described as a highly organised cyber attack. The platform said the breach was a targeted operation and alleged that intelligence services from “unfriendly” Western states were behind it, though it did not provide public evidence to support that claim. The theft has drawn […]
Windows users are facing a sharper cyber threat after researchers identified a campaign that pairs the long-running Gh0st remote access trojan with CloverPlus adware, giving attackers a mix of covert control and instant income from poisoned web traffic. The operation uses a single obfuscated loader to unpack both payloads, turning one infection into a dual-purpose compromise that can spy, persist and monetise at the same time. Two […]
SYDNEY, AUSTRALIA – Media OutReach Newswire – 21 April 2026 – Paymentology, the leading global issuer-processor, today announced a strategic partnership with Change Financial to accelerate payment method adoption and fintech growth across Australia.
The collaboration combines Paymentology’s cloud-first processing platform with Change Financial’s local BIN sponsorship, regulatory expertise and in-market presence – enabling fintechs, digital banks and programme managers to launch and scale debit, credit and prepaid programmes more efficiently in the Australian market.
Change Financial is a Mastercard Principal Issuer in Australia, providing local scheme connectivity and compliance support. Together with Paymentology’s real-time, multi-cloud processing infrastructure, the partnership creates a streamlined pathway for fintechs looking to enter or expand in the country.
Australia represents one of the world’s most advanced digital payments markets. The national payments market was valued at USD 849.1 billion in 2025 and is projected to reach USD 1.35 trillion by 2034, growing at a CAGR of 5.09% between 2026 and 2034. Cards and mobile wallets now sit at the centre of everyday transactions, as digital adoption continues to accelerate. Australians made approximately AUD 160 billion in mobile wallet payments in the past year alone, with billions of transactions recorded annually, highlighting strong demand for digital-first, contactless and mobile-enabled payment experiences.
Minh Ha Truong, Head of Growth Asia Pacific at Paymentology commented: “Australia is one of the most sophisticated payments ecosystems globally, with strong consumer adoption of digital, contactless and mobile-first experiences. By partnering with Change Financial, we’re combining next-generation issuing infrastructure with trusted local BIN sponsorship and expertise, unlocking faster payment method adoption for fintechs and helping them scale confidently in the Australian market.”
Change Financial brings deep experience supporting fintechs and financial institutions through local sponsorship, scheme relationships and programme enablement.
Jennifer Mateer, Chief Commercial Officer at Change Financial added: “We collaborate closely with fintechs and programme managers every day to launch innovative payment solutions with speed and confidence. Our partnership with Paymentology combines our local market expertise with global-scale issuing infrastructure, enabling innovators to accelerate time to market and deliver compelling card payment experiences to Australian consumers and businesses.”
Hashtag: #Paymentology #Fintech
The issuer is solely responsible for the content of this announcement.
About Paymentology
Paymentology is the leading next-generation issuer processor, empowering fintechs, digital banks and retail banks to effortlessly launch and manage innovative payment solutions on a global scale. The company drives greater customer choice and value through easy-to-use, integrated platforms and services that help clients to disrupt the status quo, accelerate time to market, and achieve growth.
With a superior multi-cloud platform offering a vast global footprint, and enhanced real-time data, Paymentology distinguishes itself as a leader in the payments industry. Its team of payments experts, with deep local market knowledge, operates across 50 countries and 14 time zones, providing 24/7 support. Paymentology is deeply committed to expanding financial inclusion globally, changing lives and positively impacting the communities in which it operates.
Two separate phishing campaigns are hitting organisations with Formbook, a long-running information stealer that continues to adapt its delivery methods to slip past traditional Windows defences. The latest activity shows attackers pairing ordinary email lures with layered obfuscation, trusted system tools and DLL side-loading, giving a familiar malware family fresh room to operate inside corporate environments. Stealthy Formbook waves target Windows users Security researchers tracking the […]
A legitimate Intel storage utility has been repurposed in a highly targeted malware campaign that uses a little-known. NET mechanism to run hostile code inside a signed executable, giving attackers a quieter path into corporate networks and making detection far harder for many security products. The operation, identified as PhantomCLR, has been observed against financial institutions and other organisations across the Middle East and the wider […]
Anthropic’s Model Context Protocol, a fast-growing standard used to connect AI models with external tools and data, has come under intense scrutiny after security researchers disclosed a critical weakness that they say can open the door to arbitrary remote code execution across a broad swathe of the AI software stack. The issue, published on April 15, centres on how MCP implementations handle STDIO-based server configurations and command […]
BEIJING, CHINA – Media OutReach Newswire – 20 April 2026 – China Unicom and Huawei capped off a series of successful 5G-A GigaUplink deployments by guaranteeing the premium connectivity at the Beijing E-Town Half-Marathon and Humanoid Robot Half-Marathon, where human and robot runners competed alongside through the E-Town in Daxing District. This marks the two companies’ latest landmark showcase for sports events, combining 5G-A and AI to provide fast uplink with huge capacity and low latency for event organization and media services, digital engagement, and humanoid participation.
China Unicom 5G-A empowering robots to sprint across the finish line
China Unicom Delivered a Masterclass in Connected Marathon Events
Marathon events typically feature high-density crowds with an extensive demand for uploads. China Unicom and Huawei turned to 5G-A 3CC on 3.5 GHz and 2.1 GHz for the event, ensuring an uplink fulfillment at 20 Mbps surpassing 99.6%, along with a peak speed of field-tested 677 Mbps. This impressive uplink performance provided consistent and reliable support for 4K/8K broadcasting and real-time collection and editing while also enabling fans to share and stream smoothly.
Such unrivalled experience is underpinned not only by high-quality networks but also flexible operations. China Unicom and Huawei used intelligent base stations to build 5G-A intelligent, elastic channels for the event. This facilitated differentiated scheduling for livestreaming, voice and video calling, and short videos to ensure smooth experiences for fans even at heavy-traffic moments.
China Unicom 5G-A GigaUplink networks integral to the success of E-Town Humanoid Robot Half-Marathon
5G-A GigaUplink Takes Embodied AI to New Heights
In a global first, the E-Town half-marathon features a pioneering format that sees human and robot runners compete simultaneously. The humanoid robots were divided into an autonomous navigation group and a remote-control group, running on the same course and evaluated using mixed timing methods. Each humanoid robot requires approximately 10 Mbps uplink for video uploads, environment sensing, gait control, and autonomous navigation. Dedicated uplink slices were reserved to ensure a positioning accuracy of up to sub-decimeter level and an average end-to-end latency of less than 30 ms throughout the racing course, which provided strong support for the video uploads, obstacle avoidance, cornering, and sprinting of humanoid robots. While offering technical upgrades to sports events, this promoted the adoption of humanoid robots on a large scale.
Qin Yang, Deputy General Manager of China Unicom in Beijing spoke proudly of the excellent connections his company provided for the 2025 World Humanoid Robot Games as a global strategic partner and the 2026 Beijing E-Town Half-Marathon event as the exclusive official communications sponsor. “5G-A and AI are essential digital infrastructure, enabling us to bring embodied AI to sports. Given the new dynamics of AI development, we will double down on our priorities over connectivity, computing power, services, and security to sharpen our competitive edges as a preferred telecom partner for intelligent sports and a core enabler for intelligent industry transformation. Moving forward, we will accelerate our innovation-driven push to strengthen our digital infrastructure and drive the high-quality growth of embodied AI in China and beyond.”
Samuel Chen, Vice President of Huawei’s Wireless Network Business Marketing, said this humanoid robot half-marathon offers a good example of deepening integration between mobile technology and embodied intelligence. “Beyond redefining connectivity for sports, it has shown us what intelligent production and life will look like in future. We are always dedicated to building excellent 5G-A networks together with operators based on user-centered innovation to ensure GigaUplink, low latency, and high reliability for differentiated mobile AI services. This will enable us to continuously drive the high-quality growth of the digital economy.” Hashtag: #Huawei #ChinaUnicom
The issuer is solely responsible for the content of this announcement.
The QRNW Global Ranking of Transnational Universities 2027 has placed Swiss International University (SIU) in third position among all transnational universities worldwide. The recognition was awarded to the university because it operates extensive international programs while offering flexible academic options and worldwide educational access for all its students. The ranking reflects SIU’s continuous efforts to build an inclusive learning environment for students from diverse countries and backgrounds. […]
GUANGZHOU, CHINA – Media OutReach Newswire – 20 April 2026 – XTransfer, the World’s Leading B2B Cross-Border Trade Payment Platform, released its latest figures at the 139th China Import and Export Fair (Canton Fair). In the first quarter of this year, emerging markets across Asia, Africa, and Latin America accounted for 73% of XTransfer’s inbound cross-border payment collections, with 45% increase year-on-year. Collections from Africa, Latin America, and Southeast Asia increased 115%, 97%, and 18% year-on-year, respectively, highlighting growing demand among exporters for secure and efficient cross-border collection channels.
XTransfer at the 139th Canton Fair
According to statistics from the China General Administration of Customs, emerging markets in Asia, Africa, and Latin America have become a key driver of export growth. However, underdeveloped local financial infrastructure, incomplete cross-border payment systems, and shortages of foreign exchange mean buyers often struggle to access U.S. dollars. As a result, exporters in these markets frequently face low settlement efficiency, slow cash recovery, and risks such as account freezes.
To address these collection challenges, XTransfer has developed a comprehensive set of cross-border collection solutions. In 2025, payment collections from emerging markets in Asia, Africa, and Latin America rose 106% year-on-year. By region, collections increased 273% in Africa, 82% in Southeast Asia, and 94% in Latin America.
Over the same period, customs statistics show that in 2025, China’s total goods exports to Asia, Africa, and Latin America increased 14.6% year-on-year, with exports to Africa, Southeast Asia, and Latin America up 26.6%, 14%, and 8%, respectively. XTransfer’s significantly faster growth in collections compared with export growth suggests exporters are accelerating the shift from informal channels to secure, compliant collection methods, and that market recognition of high-quality cross-border payment services continues to rise.
Bill Deng, Founder and CEO of XTransfer, said emerging markets offer long-term opportunities for Chinese exporters, but many are held back by the “last mile” of collections. He added that XTransfer is committed to helping SMEs collect funds safely and quickly through secure, compliant, and efficient cross-border financial services comparable to those used by multinational companies.
Release of XTransfer PMI At the Canton Fair, XTransfer partnered with the Yicai Research Institute to publish the “China Small and Medium Enterprises (B2B) Merchandise Export Purchasing Manager Index” (XTransfer Export PMI), offering operational guidance and decision-making reference for small and micro export-oriented businesses.
This edition draws on a sample survey of XTransfer’s 800,000 SME users, selecting over 3,000 companies nationwide. It covers the full export process across export orders, pricing, procurement, logistics, staffing, and cash flow. The report shows that the March 2026 XTransfer PMI was 51.56%, indicating export conditions for SMEs are generally improving. Despite a complex external environment, SMEs have remained resilient and steadily strengthened their pricing power in international markets. Meanwhile, demand structures in emerging markets are reshaping, with export focus shifting toward intermediate goods and higher value-added products.
Resilience Amid Geopolitical Disruptions Customs data show that in the first quarter, China’s goods exports reached RMB 6.85 trillion, up 11.9% year-on-year, marking a strong start to the year and benefiting SMEs. The XTransfer PMI also shows expansion in the export order index (53.85) and the export price index (56.15). While seasonal factors like the Spring Festival affected the short term, the underlying “volume and price rising together” trend suggests SMEs are accelerating their shift from “low-price internal competition,” strengthening pricing power through technology upgrades and improved quality.
Geopolitical disruptions have also extended delivery times, pushing the logistics time PMI down to 37.50. In contrast, the sales collection (receivables) index rose to 68.59, showing a pattern of “goods moving slower, money returning faster”. This suggests overseas buyers remain strongly tied to China’s high-quality supply chain and are willing to raise prepayment ratios or shorten payment terms to secure capacity. One exhibitor, Mr Wang, said, “A Southeast Asian customer increased its deposit from 30% to 70% to lock in production, worried our capacity would be booked by others.“
Emerging Markets Demand Trends Toward “High-End” Upgrading The report highlights a shift toward higher-end demand in emerging markets. Africa’s export orders index (57.55) points to rising infrastructure-related demand; Latin America’s export orders index (56.47) and price index (57.81) signal opportunities in electromechanical and optical medical equipment; and Southeast Asia is absorbing components and semi-finished goods, calling for SMEs to move from finished-goods suppliers to supply-chain partners.
As industrialisation accelerates in emerging markets, demand for high-quality intermediate goods, complete electromechanical equipment, and technical services is rising. SMEs are moving from “low-end capacity exports” to “exports of technology and supply chain support”.
The composite PMI for the “New Three” (new energy vehicles, photovoltaics, and lithium batteries) was 54.59. The “New Three” sectors continue to hold growth potential, and enterprises need to enhance profit margins by delivering differentiated value. Hashtag: #XTransfer #PMI #Crossborder #Payment #SMEs
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 20 April 2026 – Brother proudly announces the launch of its new flagship 10-needle commercial automatic embroidery machine, the PR1060W. As the latest addition to the PR series, this machine combines high-efficiency multi-needle embroidery, intelligent positioning, and advanced matrix copying technology. It delivers a more powerful and competitive production solution for professional creators, small and medium-sized embroidery studios, and businesses looking to expand their operations.
Compared to the previous flagship model PR1055X launched in 2021, the new PR1060W brings significant upgrades in operational smoothness, embroidery precision, and overall productivity.
Intelligent Matrix Copy Function – Handle Large Orders with Ease
The PR1060W is equipped with an advanced matrix copy function that automatically calculates and arranges the maximum number of repeated patterns according to different hoop sizes, making full use of the available embroidery space. This feature effectively reduces fabric waste and repeated hooping procedures, significantly boosting productivity — ideal for handling high-volume orders.
For example, when using a 180 x 130mm embroidery hoop, the machine automatically duplicates the design into 4 identical patterns. When switched to the larger 360 x 200mm hoop, it can automatically replicate the design into up to 20 identical patterns.
Expanded Embroidery Area with Wireless Workflow
The PR1060W features a spacious 360 × 200mm embroidery field and comes with over 1,280 built-in designs and more than 100 fonts (including 3D fonts), offering greater creative freedom.
Once the design is ready, users can wirelessly transfer the file directly from a laptop or smartphone to the machine, eliminating complicated file transfer steps and making the workflow more efficient for both personal creations and bulk enterprise production.
10-Needle System – Multi-Color Embroidery in One Go
Equipped with 10 needles and 10 spool stands, the PR1060W can automatically switch between up to ten thread colors during embroidery, eliminating the need for frequent manual thread changes. This greatly reduces production time for complex multi-color designs.
Combined with auto-threading, auto-trimming, and jump stitch functions, the entire embroidery process becomes smoother and more stable, allowing users to complete high-quality work faster.
Advanced Camera Positioning – Significantly Enhanced Accuracy
The PR1060W is upgraded with optical camera positioning technology. Through the machine’s LCD screen, users can see the exact needle drop position in real time, enabling clear preview of the design before stitching. Even on small areas such as caps and sleeves, precise positioning is achievable, greatly reducing the risk of misalignment.
Versatile Embroidery Accessories
Brother offers a wide range of accessories* for the PR series, including specialized hoops designed for caps and socks. The machine supports automatic hoop detection, which instantly recognizes the installed hoop size and displays the available embroidery area on screen — no manual input required, making operation safer and more reliable.
In addition, the quick-release magnetic hoops secure fabric with simple magnetic attachment. They are particularly suitable for thick or delicate materials, preventing clamp marks or damage while improving embroidery quality and saving preparation time.
*Additional purchase required
Hong Kong Exclusive Local Support
Purchasers of the PR1060W enjoy Brother Hong Kong’s official warranty service, covering comprehensive repair and maintenance. Optional professional on-site installation and basic operation training services are also available, delivered by experienced local technical teams to help users quickly master the machine and start production without delay.
BE1 Embroidery Studio – Professional Design Partner
The powerful BE1* Embroidery Studio software supports high-precision complex pattern creation and fully integrates with CorelDRAW® vector editing tools. Users can easily convert photos into embroidery designs and apply various special effects, including hand-stitched and sparkling styles — ideal for highly customized projects.
*Additional purchase required
Opening a New Chapter in Embroidery Business
With its intelligent positioning, high productivity, and versatile functions, the new PR1060W makes embroidery work smoother and more efficient. Whether you are expanding a personal embroidery business or enhancing enterprise-level production capabilities, this flagship machine can be the key enabler to unlock greater commercial possibilities.
For more information on the PR1060W or to arrange a product demonstration, please feel free to contact Brother
Where To Buy
Customers can WhatsApp 3187 0505 or email [email protected] to contact a sales manager for detailed quotations, inquiries about purchasing details, product information, and after-sales service. If you are interested in learning more about product operations, you are welcome to schedule a product demonstration, and we will arrange for a product manager to assist you. For more details, please stay updated via the official website or the Brother Love DIY HK Facebook page.
PR1060W Specifications
PR1060X
Embroidery speed
1,000 spm
Large embroidery area
360X200mm
Built-in designs
1,280
Built-in lettering styles
51
LCD size
10.1inch
On-screen editing
Yes
USB
Yes
Number of needles
10
Pointer
Camera positioning sensor
Jump stitch and wiper function
Yes
Included embroidery frames
-300×200mm embroidery frames -180×130 mm embroidery frames -100 x100 mm embroidery frames -60×40 mm embroidery frames
The issuer is solely responsible for the content of this announcement.
About Brother Hong Kong
Founded in 1908, Brother is now a leading brand that produces quality innovative products for the print and imaging, labelling and sewing markets. Key products include laser printers, Multi-Function Centers (MFCs), fax machines, labelers, label printers, and a wide range of home and industrial sewing machines.
Brother International (Hong Kong) is one of the leading suppliers of home, office, and industrial products in Hong Kong. Established in 1994, it has been serving customers in Hong Kong and Macau for over 30 years. According to IDC’s Global Hardware Peripheral Tracker report, Brother’s A3 multifunction colour inkjet printer has been the number one in shipment volume in Hong Kong for 18 consecutive years from 2008 to 2025, reaffirming Brother’s business success in the region.
For more information about Brother, please contact us via WhatsApp at 3187 0505 or visit www.brother.com.hk.
OVHcloud has added Quandela’s Belenos quantum computer to its cloud platform, giving customers on-demand access to a second physical quantum machine as Europe pushes to turn research strength into commercial computing capacity. The announcement, made on April 17 at the Quantum Defence Summit, expands OVHcloud’s Quantum Platform less than six months after the French cloud group launched it as a European Quantum-as-a-Service offering. Belenos is a 12-qubit […]
Lenskart has raised $220 million from investors including Temasek and Falcon Edge Capital, a deal that marked one of the standout funding rounds in a year when technology companies were drawing heavy global capital and pushing valuations sharply higher. The eyewear retailer was valued at about $2.5 billion in that transaction, according to multiple reports at the time, extending a run in which consumer internet businesses were moving from niche start-up status into large-scale retail platforms with national reach.
The deal did not arrive in isolation. It came only weeks after KKR invested $95 million, taking the wider financing linked to that phase of fundraising to about $315 million. Lenskart said the fresh capital would support expansion of its online business and physical store network, reinforcing its strategy of building an omni-channel model rather than relying solely on digital sales. That approach helped distinguish it from many internet-first companies that were still testing how to translate app traffic into durable consumer brands.
Founded in 2010, Lenskart entered physical retail in 2013 and built its business around prescription eyeglasses, contact lenses and sunglasses, using technology tools such as virtual try-on features and a tightly managed supply chain to bring down delivery times and widen consumer choice. The 2021 fundraising gave investors another signal that eye care and vision products could support a scaled consumer business in a market where organised retail had long remained fragmented. It also underlined growing confidence that health-linked discretionary categories could attract repeat spending even outside the big metropolitan centres.
At the time, the broader market backdrop was unusually supportive. India’s start-up sector went through a record funding cycle in 2021, with Reuters later reporting that start-ups in the country raised about $35 billion that year before the market turned more difficult in 2022. Lenskart’s round therefore became part of a larger story: global investors were competing for exposure to domestic consumption, digital adoption and a new generation of companies that blended software, logistics and offline distribution. That enthusiasm also produced a wave of unicorns, richer private valuations and a heavier pipeline for later public listings.
What makes the Lenskart story more durable than a single boom-year headline is what followed. The company continued to attract capital after the 2021 round, raising another $200 million in 2024 from Temasek and Fidelity in a deal that valued it at about $5 billion, according to reports. That step-up suggested investors still saw room for growth despite the post-2021 funding reset that hit many privately held technology firms. It also showed that consumer-facing businesses with large store networks, repeat demand and clearer revenue visibility were being treated differently from cash-burning platforms built around discount-led expansion.
By 2025, Lenskart had moved into the next phase of that journey, filing for an initial public offering and seeking a valuation of nearly $8 billion at the top end of its price band. Reuters reported that the company had 2,067 stores across the country and another 656 overseas, reflecting a business that had grown well beyond its original online-only identity. That proposed public market debut placed Lenskart among a wider group of venture-backed companies testing whether private-market optimism could translate into sustained investor demand on the stock exchange.
Operationally, the business has also shown signs of maturing. Reuters reported in November 2025 that Lenskart had turned profitable in financial year 2025 and posted a 23% rise in revenue to 66.53 billion rupees. Another Reuters report in February 2026 said about 80% of its revenue came from prescription eyeglasses, while international revenue from Southeast Asia, Japan and the Middle East was rising strongly. Those figures matter because they suggest the company’s scale is now being supported not only by funding rounds and valuation jumps, but by a more established earnings and expansion profile.
Dubai Chambers has stepped up its push to build stronger commercial ties with the Philippines, holding meetings in Manila with influential business groups and leading companies as it seeks to turn rising trade flows into broader investment and sector partnerships. The talks came days after Dubai International Chamber opened its representative office in the Philippine capital, underlining a coordinated effort to deepen its presence in a market that Dubai sees as strategically important for trade, services and expansion across Asia.
At the centre of the Manila discussions was Mohammad Ali Rashed Lootah, President and Chief Executive of Dubai Chambers, who met Ferdinand A. Ferrer, president of the Philippine Chamber of Commerce and Industry, and Donald Lim, president of the Management Association of the Philippines. According to Dubai Chambers, the conversations focused on trade facilitation, investment promotion and business partnerships, with particular attention to artificial intelligence, digital transformation and smart cities. Separate talks were also held with leading Filipino companies, where Dubai’s advantages were presented in areas including the digital economy, real estate investment and retail.
The Manila visit was not an isolated diplomatic stop. It followed the formal launch of Dubai International Chamber’s office in Manila on April 14, part of Dubai’s wider effort to build a larger global commercial footprint. Dubai Chambers says the office will serve both sides of the relationship: helping Filipino companies study opportunities in Dubai and use the emirate as a platform for expansion, while also supporting Dubai-based companies looking to enter the Philippine market through local intelligence, commercial introductions and help with market entry.
The commercial backdrop helps explain the urgency. Non-oil trade between Dubai and the Philippines reached AED3.58 billion in 2025, a 17 per cent increase from 2024, according to Dubai Chambers. By the end of December 2025, 2,592 Filipino companies were registered as active members of Dubai Chamber of Commerce, up 23.3 per cent year on year, while 856 new Filipino companies joined during 2025. Those figures point to a relationship that is moving beyond labour and remittance links into a more formalised business corridor involving services, trade intermediation, investment and corporate expansion.
That momentum has been building for some time. In May 2025, Dubai Chamber of Commerce organised a trade mission to the Philippines involving representatives from 17 Dubai-based private-sector companies. The mission produced 180 bilateral business meetings and included a Manila forum, “Doing Business with the Philippines”, attended by 314 participants. During that forum, Dubai Chambers signed a memorandum of understanding with the Philippine Chamber of Commerce and Industry to strengthen cooperation and explore new avenues for trade and investment. January 2026 brought another symbolic marker when First Lady Louise Araneta-Marcos visited Dubai Chambers headquarters, adding political visibility to what has become a more structured economic relationship.
For Dubai, the Manila initiative fits a larger policy design. The chamber says the office forms part of the “Dubai Global” initiative, which aims to establish 50 representative offices worldwide by 2030 and support expansion into 30 priority markets. That strategy is designed to attract foreign direct investment into Dubai while helping companies based there expand overseas. The Philippines, with its large consumer market, growing digital economy and active private-sector institutions, offers Dubai an opening not only into Southeast Asia but also into sectors where urban development, technology adoption and service-led growth are accelerating.
For the Philippines, the significance lies in access. Dubai positions itself as a gateway market linking Asia, the Gulf, Africa and Europe, and Filipino businesses looking for a wider regional or global footprint may see value in that proposition. The chamber has framed Manila’s new office as a bridge that can lower information barriers, connect firms with partners and convert general goodwill into bankable deals. Sectors identified during the talks suggest where both sides believe there is room to move fastest: AI and digital transformation for future-oriented growth, smart cities for infrastructure and urban services, and real estate and retail for more immediate commercial activity.
Greenlogue/AP Dahbashi Engineering has moved its headquarters in Dubai Industrial City onto on-grid solar power, marking a sustainability push by a company better known in the Gulf for heavy machinery spare parts, service operations and industrial battery solutions. The company said the installation is expected to meet about half of the site’s annual electricity demand and cut operating costs by roughly 30 per cent under Dubai’s Shams […]
Arabian Post Staff -Dubai Prestige One Developments has begun handing over Vista, a 140-home residential project in Dubai Sports City, marking a delivery milestone for the developer as it expands construction activity across the emirate. The handover comes as Prestige One says it has more than 20 active developments under way and about 2,500 residential units under construction, underscoring how mid-sized developers are trying to convert off-plan […]
Dubai’s commercial property market opened 2026 with fewer deals but a sharply higher value profile, as investors paid more for offices, warehouses and retail assets in a market increasingly defined by scarcity, asset quality and longer-term positioning. CRC, the commercial arm of Betterhomes, said 3,619 commercial units changed hands in the first quarter, down 3% from a year earlier, while total sales value rose 30% to AED37.9 […]
SINGAPORE – Media OutReach Newswire – 19 April 2026 – In conjunction with National Infertility Awareness Week (19–25 April 2026), Monash IVF Singapore, alongside partners like Fertility Support Singapore, is shifting the spotlight to a long-overlooked narrative: male factor infertility.
Monash IVF Singapore National Infertility Awareness Week
While fertility discussions often centre on women, statistics show that male factors contribute to approximately 50% of all infertility cases. Male factor infertility can arise from a range of factors, including low sperm count, reduced sperm motility, abnormal sperm morphology, hormonal imbalances, genetic conditions, or underlying medical issues. Lifestyle factors such as smoking, alcohol consumption, stress, and environmental exposures may also affect sperm quality over time.
Despite its prevalence, male factor infertility is often less discussed in Singapore, which can lead to delays in assessment and treatment. Early evaluation, including semen analysis and medical consultation, can help identify potential concerns and guide appropriate next steps for couples.
To support greater awareness, Monash IVF is launching a series of digital educational content aimed at de-stigmatising male reproductive health and providing actionable insights for men to take charge of their fertility. These resources will cover common causes of male infertility, when to seek medical advice, and the types of assessments and treatment options available. By making this information more accessible, the clinic aims to encourage earlier evaluation and more open conversations about male factor infertility, both within relationships and in the wider community.
As Singapore’s demographic landscape evolves, Monash IVF Singapore is contributing to broader discussions on reproductive health. With the national Total Fertility Rate (TFR) reaching a record low of 0.87 in 2025, the need for comprehensive and patient-centred fertility care continues to grow.
Understanding Modern Fertility Challenges: Beyond Biological Factors
The decline in fertility is not merely a biological hurdle but a reflection of the intense pressures that Singaporeans face today. The “workplace rat race”, high-stress environments, and environmental factors have contributed to a trend of delayed parenthood. Many individuals are choosing to start families later due to career progression, financial considerations, and evolving life priorities. At the same time, age remains a key factor, as both egg and sperm quality may decline over time.
As such, these same pressures do not just delay parenthood; they also make it more difficult for individuals to pursue fertility treatments in Singapore. Managing appointments, coping with the physical and emotional demands of treatment, and balancing work responsibilities can become an added strain for many.
“Fertility is often treated as a private struggle, but it is a societal challenge,” says June Jonet, Marketing and Business Development Head of Monash IVF Singapore. “We are calling for greater understanding and support within the workplace. Employees undergoing fertility treatments or preservation need an environment that recognises the physical and emotional toll of this journey, rather than one that penalises them for it.”
Monash IVF’s Approach to Assisted Reproductive Care
Monash IVF Singapore’s clinical and laboratory team is led by Chief Embryologist Ng Pei Hui, supported by a team of senior embryologists and Fertility Specialists, including Dr Kelly Loi, Dr Suresh Nair, and Dr Yap Lip Kee.
The clinic applies a range of established assisted reproductive techniques to enhance success rates, tailored to individual clinical needs. These include:
Piezo-ICSI: A fertilisation method that uses a blunt needle with high-speed vibration to gently penetrate eggs and assist sperm injection. It may be considered in cases involving fragile oocytes or advanced maternal age.
IMSI: A technique that uses high-magnification imaging to support sperm selection, enabling embryologists to identify and avoid sperm with morphological abnormalities, such as vacuoles.
PICSI: A method of biological sperm selection using hyaluronic acid to help identify mature sperm with a lower likelihood of DNA damage.
Embryoscope+: A time-lapse imaging system that continuously monitors embryo development without disrupting stable culture conditions, supporting the selection of embryos with strong developmental potential for transfer.
The Power of Planning: Fertility Preservation
Alongside treatment, Monash IVF Singapore highlights the importance of proactive planning. As more women and couples choose to delay parenthood, elective egg freezing (a form of fertility preservation) has become a vital tool. At the same time, early assessment of male factor infertility, including semen analysis, can identify potential concerns and help couples prepare more confidently.
“Even with the range of treatments available today, timing still matters,” says Chief Embryologist Ng Pei Hui. “Early consultation allows patients to better understand their options and make informed decisions.”
With infertility affecting approximately 1 in 6 individuals, it is now recognised as a relatively common medical condition rather than a rare exception. This is why at Monash IVF Singapore, fertility care is not only about addressing challenges as they arise but also about supporting early planning for both men and women. With options such as elective egg freezing, male fertility assessment, and fertility health checks, the clinic aims to help Singaporeans better understand their reproductive health and make informed decisions at different stages of their journey.
For more information about Monash IVF Singapore and what they do, visit their website. Hashtag: #MonashIVF #malefertility #mensfertility #reproductivehealth #fertilityawareness #menswellness
The issuer is solely responsible for the content of this announcement.
About Monash IVF Singapore
Monash IVF Singapore is part of the global Monash IVF Group, a pioneer in reproductive medicine since achieving the world’s first IVF pregnancy in 1973. We provide a full suite of fertility services, combining compassionate patient care with the latest scientific breakthroughs.
MANILA, PHILIPPINES – Media OutReach Newswire – 18 April 2026 – VinFast today announced the signing of Memoranda of Understanding (MoUs) on strategic cooperation with 14 e-scooter distributors in the Philippines. The agreements demonstrate VinFast’s ability to rapidly scale its retail network, while further affirming its long-term commitment to advancing green mobility and building a comprehensive electric mobility ecosystem in the Philippines.
VinFast continues to collaborate with leading motorcycle distributors in the Philippines in support of the upcoming June 2026 product launch.
To support its planned product launch in June 2026, VinFast has continued to partner with leading motorcycle distributors in the Philippines, including Wheeltek Motor Sales Corporation; Gentrade International Phils., Inc. (Transcycle); Superbikes Corporation; Motoxpress Sales Corporation; FMN Industrial Corp.; Eduhome Enterprise, Inc.; Keymotors Incorporated; Motorpro by Abenson Ventures Inc. and Aserco; Moto Atelier Inc.; Ciclo Suerte; HG Motorzone; HGC Main Marketing (Motorboy); BLC Cycle Parts Supply; and Auto Ten Trade & Services Corp. Similar to the partners signed in January 2026, these partners have extensive networks, demonstrate strong operational capabilities, and possess longstanding experience in the motorcycle business, alongside a clear orientation toward the green transition.
VinFast and its partners will collaborate to rapidly roll out a showroom network across the market, with many outlets expected to be launched in parallel at the time of product introduction, laying the foundation for accelerated expansion of nationwide sales and after-sales services. The showrooms will be developed in high-demand areas with strong potential for green transition such as Metro Manila, Metro Davao, Rizal, Laguna, Cavite, Batangas, Metro Cebu, Bulacan, and other major urban provinces, and will adhere to VinFast’s global standards for operations and brand identity.
In the initial phase, the network will distribute a portfolio of swappable-battery e-scooters, including Evo, Feliz II, Viper, and other models expected to be launched in the near future, alongside upcoming models that will be further adapted to local infrastructure conditions and consumer usage patterns in the Philippines.
The Philippines is one of Southeast Asia’s largest motorcycle markets, characterized by strong demand for personal mobility and rapid urbanization. Amid fuel price volatility and a growing shift toward sustainable solutions, e-scooters are emerging as a promising pathway, particularly when supported by an integrated ecosystem.
VinFast is pioneering the development of a comprehensive e-scooter ecosystem in the Philippines, encompassing dealer networks, after-sales services, financing solutions, and energy infrastructure. Notably, the company aims to deploy approximately 30,000 battery-swapping stations nationwide in the near term, in collaboration with infrastructure partners, to deliver a convenient and flexible user experience.
Earlier in 2026, VinFast announced plans to expand its e-scooter business across five key international markets, including the Philippines, Indonesia, India, Thailand, and Malaysia, as part of its global strategy to scale a green mobility ecosystem.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, said: “Our partnerships with 14 major dealers in the Philippines mark an important step in rapidly establishing a strong distribution and service foundation from the outset. We are not only introducing products tailored to local needs, but also developing an integrated ecosystem, from battery-swapping infrastructure to after-sales services, enabling consumers to access and adopt e-scooters in a convenient, efficient, and sustainable manner.”
In recent years, VinFast has steadily built its presence across key Southeast Asian markets, including the Philippines, through a diverse electric vehicle portfolio and strategic partnerships in infrastructure and services. The expansion into e-scooters further completes its green mobility ecosystem in the market and the region, while providing consumers with more flexible options in the transition to sustainable transportation.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Axight, the Abu Dhabi private equity investment manager established by Lunate, has agreed to buy a significant minority stake in Australia’s La Trobe Financial from Brookfield Asset Management in a transaction that values the alternative asset manager at about A$3 billion, or roughly US$2.1 billion. Brookfield will remain the majority shareholder after the deal, which the companies said is intended to support La Trobe’s next stage of […]
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