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STUTTGART, GERMANY & SINGAPORE – Media OutReach Newswire – 23 April 2026 – Blending the worlds of high-performance automotive engineering and architectural permanence, Porsche Design Tower Bangkok will make its highly anticipated regional showcase at the Singapore Yachting Festival 2026. Taking place from 23 to 26 April at ONE°15 Marina Sentosa Cove, the festival offers an exceptional opportunity to showcase a unique project that transcends conventional luxury real estate.

PDTB Invitation - Singapore Yacht Festival
PDTB Invitation – Singapore Yacht Festival

Arriving not merely as a residential property, but as a collectible, design-led, ultra-luxury real estate project, Porsche Design Tower Bangkok presents a once-in-a-generation offering. Amidst a spectacular showcase of the world’s finest superyachts, the festival offers Asia’s most discerning yacht owners and collectors a rare opportunity to discover a masterclass in structural originality and absolute privacy. The goal is to connect directly with a global audience of yacht owners and collectors, aligning perfectly with the project’s target group of collectors of exceptional assets.

The centerpiece of this regional showcase is a highly exclusive, invitation-only gathering held within the festival’s newly introduced Spotlight Zone. On Sunday, 26 April, from 2:45 PM to 4:00 PM, an intimate group limited to just 50 guests will be immersed in a bespoke narrative titled “Porsche Design: Shaping Performance, Designing the Future.”

For invited guests, this truly unique experience is meticulously crafted as a curated and intimate occasion. Attendees will be invited into a sophisticated and comfortable setting, designed to facilitate meaningful connections within an exclusive global community of like-minded collectors, prominent thought leaders, and Luminaries

During this intimate afternoon, guests will discover how the philosophy behind Porsche’s legendary sports cars has been seamlessly translated into an outstanding living environment limited to just 22 units. The discourse will highlight the ingenuity behind the tower’s defining architectural features and qualities—revealing how engineering marvels like ‘The Loop’ spiral vehicle ramp and ‘The Passion Space’ elevate automotive ownership into a refined collector’s ritual.

For the region’s exclusive global clientele, this debut represents an exclusive invitation to experience the future of automotive-inspired residences, reinforcing Porsche Design Tower Bangkok’s status as a highly sought-after masterpiece and the definitive reference point in global architectural design.

For discerning individuals wishing to experience this architectural masterpiece in person, the Show Suite based in Bangkok welcomes guests by private appointment only. To inquire about a private viewing, please contact [email protected] or visit pdtowerbangkok.com.

Hashtag: #Ananda #PorcheDesign

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

About Porsche Design Tower Bangkok

The Porsche Design Tower Bangkok sets a new standard for ultra luxury living with its limited offering of just 22 exclusive residences. Located on Sukhumvit 38, one of Bangkok’s most prestigious addresses, this groundbreaking project is the first of its kind in Asia and the third globally, following Miami and Stuttgart. Designed for ultra-high-net-worth individuals seeking unparalleled exclusivity, the tower offers residents the perfect blend of serene living in the coveted Thonglor neighborhood, with easy access to the city’s most vibrant attractions and amenities. Among its standout features are the customizable “Passion Spaces”—private, in-unit garages that allow residents to showcase their prized car collections, creating a truly unique living experience.

Forza Horizon 6 has reportedly crossed 500,000 pre-sold copies on Steam with about a month still to run before its full launch, a figure that, if borne out, would mark one of the strongest pre-release performances yet for a first-party Xbox racing title on Valve’s platform. The game is officially due on 19 May 2026 for Xbox Series X|S, Xbox on PC, Steam and Game Pass, with […]

Nissan’s vehicle sales across the Middle East fell sharply in March as the war centred on Iran hit consumer demand, disrupted travel and darkened business sentiment across one of the carmaker’s stronger overseas markets. A report published on April 15 said Nissan’s sales in the region dropped to about half of pre-war levels, while overall regional sales were down 40 per cent for the month, according to […]

TURIN, ITALY – Media OutReach Newswire – 14 April 2026 – The traditional automotive model is obsolete. It is rigid, capital-heavy, and dependent on massive dealership inventories that drive up costs for the consumer. XEV is now challenging that legacy structure with the rollout of its Customer-to-Manufacturer (C2M) ecosystem. By launching the world’s first mass-customization project for micro electric vehicles, including the flagship XEV YOYO, the company allows European drivers to order personalized vehicles directly. This approach eliminates the inventory burden and introduces a “Battery-as-a-Service” model that removes the two biggest barriers to EV adoption. Those barriers are high upfront costs and residual value risk.

XEV
XEV


Decoupling the Battery from the Price Tag

For decades, the battery has been the most expensive single component of an electric car. It is also the component most likely to depreciate. XEV’s innovative business model fundamentally alters this equation by separating the vehicle (hardware) from the battery (service).

Customers purchase the car but lease the energy capacity. This strategy significantly lowers the initial purchase price. It makes premium urban mobility accessible to a broader demographic. This ranges from young professionals seeking their first vehicle to fleet operators managing tight margins.

“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”

3 Minutes to Full Power: Solving the Charging Crisis

Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.

The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.

This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.

Data-Driven Customization: The End of “One Size Fits All”

The XEV lineup is purpose-built for the narrow streets and high congestion of European cities. With a compact footprint of roughly 2.5 meters, the YOYO navigates historic city centers with ease. However, small size does not mean limited options.

Unlike legacy automakers that push stock inventory, XEV utilizes a data-driven C2M model. Users configure their vehicles via an online platform. They select distinct exterior colors, interior materials, wheel designs, and specific features. This user input triggers a flexible production process that creates a customizable car tailored to specific tastes. XEV uses the massive data generated from these customization choices to refine future designs and forecast market trends with precision.

Commercial Application: Powering the Last-Mile Economy

The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.

XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.

XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.

A Strategic Supply Chain for a New Era

XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.

Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.

Availability

Sales and deliveries of the XEV YOYO have commenced in selected European markets, including Italy and Germany. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.

For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.
Hashtag: #XEV

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

About XEV

XEV is an innovative electric vehicle company committed to transforming the way cars are designed, built, and owned. Through its direct-to-consumer (DTC) online customization platform and a flexible production system, XEV integrates personalized user demand with modular smart manufacturing. The company’s mission is to make electric vehicles accessible and lifestyle-aligned for everyone. It drives the transition toward sustainable and personalized mobility. XEV positions itself not just as a manufacturer but as a global leader in urban electric mobility solutions.

Service My Car and PlusX Electric have formed a partnership aimed at making life easier for households in the UAE that own both petrol-powered vehicles and electric cars, as mobility providers race to adapt to a market that is adding EVs faster than the after-sales ecosystem has traditionally been built to handle. The agreement links a mainstream digital servicing platform with an EV-focused charging and support business, […]

Tesla is developing a smaller, lower-cost electric sport utility vehicle in a move that could reopen its path into the mass market after years of focusing investor attention on autonomy, robotics and premium technology bets. People familiar with the plan told Reuters the company has approached suppliers in the past few weeks to discuss a compact SUV that would sit below its current line-up on size and […]

Greenlogue/AP VinFast has rolled out a vehicle rental programme for commercial drivers in Indonesia and the Philippines, expanding beyond outright sales as it tries to deepen its position in two fast-developing Southeast Asian electric vehicle markets. The company said the scheme will let service drivers lease Green-series vehicles through authorised dealers in Greater Jakarta and Metro Manila, with daily rates starting at 312,500 rupiah in Indonesia and […]

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Kalshi’s push to keep offering sports-linked prediction contracts in Nevada suffered another setback on 3 April, when Carson City District Court Judge Jason Woodbury said he would grant a preliminary injunction preventing the New York-based platform from operating in the state without a gaming licence. The judge said the contracts were effectively no different from conventional sports betting, extending an earlier temporary restraining order through 17 April […]

France is preparing targeted support for motorists who rely on their cars for work and daily life after the war involving Iran drove up oil prices and sharpened pressure on household budgets, with Prime Minister Sébastien Lecornu signalling that broad-based fuel subsidies remain off the table even as pump costs climb. Speaking in Bordeaux, Lecornu said ministers had been asked to draw up measures for people who […]

JAKARTA, INDONESIA – Media OutReach Newswire – 3 April 2026 – Green SM Indonesia and Bank Central Asia (BCA) today announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion, marking the formalization of a long-term financial partnership between the two parties.

Green SM Indonesia has officially signed a IDR 600 billion investment loan agreement with BCA, strengthening its long-term financial foundation and advancing sustainable urban mobility in Indonesia.
Green SM Indonesia has officially signed a IDR 600 billion investment loan agreement with BCA, strengthening its long-term financial foundation and advancing sustainable urban mobility in Indonesia.

The agreement marks the next phase of cooperation between Green SM Indonesia and BCA, reflecting a shared commitment to supporting sustainable, well-governed business development in Indonesia’s urban mobility sector.

The investment loan facility is intended to support Green SM Indonesia’s operational readiness and service continuity. The facility provides a stable financial structure to underpin the company’s disciplined growth approach and support consistent service delivery across its existing urban operations.

The signing builds on earlier cooperation between the two parties, which began with Green SM’s market launch in Jakarta in December 2024. Since then, BCA and Green SM Indonesia have collaborated on customer-focused programs and initiatives to improve service accessibility and raise awareness of environmentally responsible transportation solutions. The transition from cooperation activities to a formal financing arrangement reflects the maturation of this partnership and BCA’s support in Green SM Indonesia’s operational model and governance standards.

The cooperation also reflects BCA’s broader role in supporting business sectors that are adapting to evolving urban development needs, including shifts toward more efficient and forward-looking mobility solutions.

Representing BCA, Mr. Denny Haryanto, SVP Corporate Banking BCA said: “This agreement reflects our approach to supporting businesses with a long-term outlook. Sustainable transportation is increasingly important to Indonesia’s urban development. Through this cooperation, we support initiatives that align with long-term economic resilience and environmental responsibility.”

Mr. Deny Tjia, Managing Director of Green SM Indonesia, said the agreement reflects trust built through consistent cooperation and shared values. “The investment loan agreement reflects recognition of the disciplined operating model and long-term development orientation that Green SM Indonesia has pursued since its early stages. The facility further strengthens the company’s financial foundation, supporting stable and consistent service delivery across the cities where it operates.”

Since commencing operations, Green SM Indonesia has established a presence in several major urban centers, including Jakarta, Makassar, Bekasi, Surabaya, and Bali. These cities face increasingly complex urban mobility requirements alongside rising expectations for cleaner, more responsible transport solutions. In the Indonesian market, Green SM provides all-electric taxi services that support routine urban travel while reducing emissions and noise. The company’s operating approach emphasizes reliability, professional service standards, and scalability aligned with city-level transport planning.

Through this agreement, Green SM Indonesia and BCA reaffirm their shared view that the transition to sustainable urban mobility requires not only electric vehicle technology but also sound financial structures, responsible governance, and long-term commitment. The investment loan agreement is a practical step to support that transition in Indonesia’s evolving mobility landscape.

Hashtag: #GreenSM

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

About GSM & Green SM

GSM (Green Smart Mobility) is the world’s first company to operate an all-electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has built the foundation for a cleaner, smarter, and more responsible mobility model powered entirely by VinFast electric vehicles. GSM is committed to developing a future-ready mobility ecosystem and inspiring greener lifestyles in countries rapidly embracing sustainability.

Green SM is GSM’s official global brand, representing the company’s vision and values in every market it serves. In Southeast Asia, Green SM operates in Indonesia; under the name Xanh SM in Vietnam and Laos; and as Green GSM in the Philippines. Across all markets, the brand offers a refined travel experience with VinFast electric cars, professional drivers, and a service culture centered on safety and care.

Green SM represents progress toward a future where technology, the environment, and humanity advance together in harmony. The brand is committed not only to providing zero-emission transportation but also to fostering an environmentally conscious society in every market it serves.

Donald Trump’s administration is making a fresh attempt to draw U. S. oil companies into Venezuela, offering regulatory relief and political backing as Washington tries to turn the country’s vast crude reserves into a strategic and commercial prize. Yet the campaign is meeting resistance from executives wary of sinking billions into a battered industry still shadowed by political risk, legal uncertainty and years of neglect. The push […]

Baidu’s Apollo Go robotaxi service suffered a sharp setback in Wuhan after a system failure caused more than 100 driverless taxis to stop on roads across the city late on March 31, stranding passengers, disrupting traffic and triggering a wave of police calls that has revived scrutiny of autonomous vehicle safety in China’s biggest testing grounds. Police said no injuries were reported, but the scale of the […]

Samsung is betting that a minute of low-frequency audio can help settle uneasy stomachs on the move, launching its Hearapy app with a claim that a 100Hz tone played through earbuds can reduce motion-sickness symptoms for up to two hours. The pitch is simple: listen before or during travel, stimulate the inner ear’s balance system, and blunt the sensory mismatch that often triggers nausea, dizziness and cold […]

Volvo Cars is moving towards tighter operational links with its Chinese parent group as chairman Li Shufu presses for closer co-operation across brands to cut costs and make better use of factory capacity in an industry weighed down by weak electric-vehicle demand, trade barriers and mounting price pressure. At Volvo’s annual general meeting, Li said the company should work more closely with sister marques including Polestar, Geely […]

A China-Singapore youth dialogue in Singapore has closed with artificial intelligence, innovation and cross-border cooperation at the centre of discussions, as both countries seek to deepen people-to-people links alongside a broader push into advanced technology and digital governance. The two-day event was held on 24 and 25 March and brought together 12 young representatives from the two countries under the theme “Building Tomorrow: Youth Voices United”.

The gathering was co-organised by People’s Daily and Lianhe Zaobao, giving it a media-diplomacy character as well as a youth engagement role. Participants discussed how their generation is navigating technological change, cultural renewal and sustainable development, with one panel focused specifically on how young professionals in robotics, flying cars and data verification see the opportunities and risks of the AI era.

That emphasis matters beyond the symbolism of a youth exchange. Singapore has been working to position itself as a regional hub for trusted AI deployment, regulation and commercialisation, while China continues to expand its technological reach across sectors from advanced manufacturing to data-driven consumer platforms. Against that backdrop, a dialogue framed around youth voices and innovation also functions as a signal that bilateral engagement is moving beyond trade and official diplomacy into talent, technology and narrative influence.

Organisers said the technology segment featured participants working in frontier and emerging fields, including robotics, air mobility and digital verification. Those subjects reflect a wider regional agenda in which governments, universities and companies are trying to balance investment enthusiasm with concerns over safety, labour disruption, misinformation and the standards needed for responsible AI adoption. The inclusion of data verification in the discussion is especially notable at a time when synthetic media, manipulated content and trust in online information have become strategic concerns across Asia.

The event also extended beyond technology. Another strand of the dialogue focused on culture and identity, with participants in wood sculpture, paper arts, jewellery design and cultural reporting arguing that heritage does not have to be sidelined by digital change. That framing aligns with a broader trend in both China and Singapore, where policymakers and institutions increasingly present innovation and cultural continuity not as competing ideas but as parallel pillars of national development and soft power.

For Singapore, the dialogue fits neatly into its longer-standing strategy of maintaining practical, multi-layered ties with China while preserving its distinct regulatory and economic model. Youth exchanges, especially those tied to technology and entrepreneurship, can help widen those ties at a time when regional competition for skilled workers, capital and research partnerships is intensifying. Singapore’s universities and public institutions have also hosted multiple youth-oriented dialogues on China-related themes this year, pointing to a sustained effort to cultivate a new generation conversant in both policy and commercial realities.

For China, the event offered another platform to project openness and collaborative intent through younger voices rather than official communiqués. That matters at a moment when Beijing is trying to reassure partners in Southeast Asia that technological cooperation can advance without crowding out local priorities. Using youth representatives, entrepreneurs and cultural figures helps soften what might otherwise appear as a purely state-led message, while also reinforcing the idea that future bilateral ties will be shaped as much by personal networks and innovation ecosystems as by government ministries.

Still, such forums come with limits. Dialogues can build familiarity and create useful connections, but they do not by themselves resolve harder policy questions around data governance, platform regulation, research openness or strategic competition. Singapore has been careful to develop AI frameworks that stress accountability and trust, while China’s model is backed by a far larger domestic market and a different regulatory environment. That means cooperation may expand fastest in applied innovation, education, mobility and selected commercial fields rather than in fully harmonised digital rules.

SINGAPORE – Media OutReach Newswire – 29 March 2026 – The China-Singapore Youth Dialogue concluded in Singapore on March 25, bringing together young participants to exchange ideas on technology, culture and sustainability under the theme “Building Tomorrow: Youth Voices United.”

A total of 12 youth panelists from China and Singapore participate in three panel discussions at Asian Civilisations Museum in Singapore on March 25.(Photo: People’s Daily)
A total of 12 youth panelists from China and Singapore participate in three panel discussions at Asian Civilisations Museum in Singapore on March 25.(Photo: People’s Daily)

Co-organized by the People’s Daily and Lianhe Zaobao, the two-day event featured 12 young representatives who explored how their generation is shaping the future through innovation, cultural renewal and cross-border collaboration.

In the first panel, “Youth Driving Tech Innovation,” participants working in robotics, flying cars and data verification discussed both the opportunities and challenges of the AI era.

Tan Wei Hua, head of design at Singapore-based LionsBot International, addressed concerns over “AI anxiety” and its impact on jobs. “New jobs are going to be created. The next generation will be doing something entirely different,” he said, pointing to robotics as a growing field of opportunity.

Quah Zheng Wei, CEO and co-founder of Accredify, encouraged aspiring entrepreneurs to take the first step. With the tech industry evolving rapidly, he stressed that “nothing is holding you back.”

From an industry perspective, Michael Du, CFO and vice president of ARIDGE, said emerging technologies are expanding possibilities in everyday life. Meanwhile, Xu Huazhe, assistant professor at the Institute for Interdisciplinary Information Sciences at Tsinghua University, highlighted the strengths of younger generations: “With the correct taste, they will build the most meaningful things.”

The second panel, “Contemporary Renewal of Traditional Culture,” shifted focus from innovation to heritage. Artists and cultural practitioners in wood sculpture, paper art, jewelry design and journalism explored how tradition can be revitalized in modern contexts.

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Wood sculpture artist Deng Kun emphasized the importance of cultivating an eye for beauty, while Lianhe Zaobao arts and culture journalist Zhang Heyang described traditional culture as “a place of spiritual haven for today’s youth.”

Designer Longhong Ziwei, founder and art director of the accessory brand Soft Mountains, said engaging with Yi heritage has inspired her work and resonated with international audiences.

Singaporean paper and mixed media artist Koh Pei Li, drawing inspiration from everyday urban life, highlighted the value of noticing overlooked details. Through her work, she hopes to reconnect people with the subtle beauty around them.

In the final panel, “Jointly Building a Sustainable Future,” speakers from architecture, fashion, and marine conservation offered interdisciplinary perspectives on sustainability.

Chen Kan, principal architect of TAB Architecture and Design, spoke about the philosophy of “being-with” as a guiding principle. “We need a deeper capacity to coexist with others,” he said.

Goy Zhenru, principal architect of Goy Architects in Singapore, emphasized designing in harmony with nature. She highlighted the importance of connecting living spaces with natural elements such as breeze and sunlight to create comfort and environmental awareness.

Sam Shu Qin, co-founder of Our Singapore Reefs and Our Blue Spaces, who describes herself as “a gardener underwater,” expressed hope that younger generations will recognize their ability to give back to the ocean.

For fashion designer Chen Peng, founder of brand CHENPENG, sustainability is both cultural and practical. “It should be culture-based and do no harm to the earth. It’s not a choice, but a natural extension of philosophy,” he said.

The dialogue marked a step forward in media cooperation and people-to-people exchanges between China and Singapore. By amplifying youth perspectives, it showcased the innovative energy and collaborative potential of both countries, while helping to build a long-term platform for bilateral engagement and shared progress.

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

Arabian Post Staff -Dubai Exeed has opened a new showroom in Jeddah through Arabian Heritage Motors, part of Al Ghurair Mobility, extending the premium vehicle brand’s physical presence in Saudi Arabia as competition intensifies among Chinese carmakers across the Gulf. The Jeddah launch was disclosed by Al Ghurair in a corporate post and comes after Exeed appointed Al Ghurair as its exclusive distributor in the Kingdom in […]

Dubai has unveiled an ambitious expansion of its pedestrian infrastructure under a new “Dubai Walk” initiative, with authorities outlining plans to reshape parts of the historic Al Ras district into a walkable, transit-connected urban zone by 2027. The project, anchored in the Dubai Urban Plan 2040, aims to deliver 12 kilometres of pedestrian-friendly routes and 5 kilometres of dedicated cycling paths in Al Ras, one of the […]

PETALING JAYA, MALAYSIA – Media OutReach Newswire – 17 March 2026 – CARSOME Group Inc (CARSOME or the Group), Southeast Asia’s largest integrated car e-commerce platform, today announced a strategic investment round of more than USD 30 million from a set of new and existing investors including the Hong Kong Investment Corporation Limited (HKIC), Gobi Partners, and Asia Partners. This fundraise underscores the investors’ confidence in CARSOME’s journey to profitability and long-term vision across the region, as demonstrated by the recent record FY25 results. These funds will further accelerate its profitable growth in the region for the coming years.

CARSOME Group Inc (CARSOME or the Group), Southeast Asia’s largest integrated car e-commerce platform, today announced a strategic investment round of more than USD 30 million from a set of new and existing investors including the Hong Kong Investment Corporation Limited (HKIC), Gobi Partners, and Asia Partners.
CARSOME Group Inc (CARSOME or the Group), Southeast Asia’s largest integrated car e-commerce platform, today announced a strategic investment round of more than USD 30 million from a set of new and existing investors including the Hong Kong Investment Corporation Limited (HKIC), Gobi Partners, and Asia Partners.

This investment and partnership reflect a shared ambition to strengthen connections between Southeast Asia and Greater China, leveraging Hong Kong’s role as a regional gateway for advanced automotive capabilities, technology development, and global talent. With the support from the HKIC, CARSOME will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers CARSOME for its regional expansion.

“CARSOME has spent the last several years focused on building a resilient, profitable business with strong fundamentals,” said Eric Cheng, CARSOME Group Co-founder and CEO. “This strategic collaboration and fundraise is a vote of confidence in our continued momentum and long-term vision. This partnership gives us crucial access to innovation capabilities, cross-border networks, and world-class talent that will support our work in AI, data, and next-generation mobility services across Southeast Asia.”

Clara Chan, Chief Executive Officer of the HKIC, said, “We are pleased to support CARSOME as part of our continued effort to harness technology to drive industry transformation, contributing to Hong Kong’s long-term economic development and resilience. With Hong Kong’s unique position as a gateway connecting global innovation and investment opportunities, CARSOME exemplifies the type of high-conviction, technology-driven enterprise that aligns with the HKIC’s mandate to foster scalable innovation across our strategic sectors. We look forward to supporting forward-thinking companies like CARSOME in creating tangible value for the future of Hong Kong.”

Chibo Tang, Managing Partner of Gobi Partners, said, “CARSOME is a leading example of how Southeast Asian startups are well-positioned to create close ties with partners in Greater China, leveraging each region’s unique strengths. We are pleased to be a returning investor in CARSOME, having supported them for almost a decade. Gobi was an early believer in CARSOME’s ability to scale across international borders, and we are happy to see their early potential come to fruition as they reimagine the way consumers across Asia purchase vehicles.”

Hashtag: #CARSOME


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

About CARSOME

CARSOME is Southeast Asia’s largest integrated car e-commerce platform. With operations across Malaysia, Indonesia, Thailand, and Singapore, CARSOME aims to digitize the region’s used car industry by reshaping and elevating the car transaction and ownership experience.

Together with subsidiary brands , , and , , and , CARSOME provides end-to-end solutions to consumers and used car dealers across the decision funnel, from car content consumption, car inspection, and ownership transfer to financing and other ancillary services, as well as an automotive training institution, promising to bring trust, transparency, and choice to our customers. For more information, please visit .

About Hong Kong Investment Corporation Limited (HKIC)

The HKIC was established in 2022 as the Patient Capital institution wholly owned by and representing the HKSAR Government. It adopts an “Investment +” approach, seeking reasonable financial return in the medium to long term and at the same time creating and supporting growth impetus with a view to contributing to Hong Kong’s economy and society.

The HKIC currently manages the “Hong Kong Growth Portfolio”, “Greater Bay Area Investment Fund”, “Strategic Tech Fund”, and “Co-Investment Fund”. At this stage, it is focusing on three key sectors, namely Hard and Core Technology, Biotech, and New Energy and Green Technology, as well as the relevant applications.

As of January 2026, the HKIC has invested in over 170 projects. Every Hong Kong dollar invested by the HKIC has attracted over 6 Hong Kong dollars from long-term capital for investment. Visit the website for more information: https://www.hkic.org.hk/

About Gobi Partners

Founded in 2002, Gobi Partners is a leading pan-Asian investment firm specialising in bespoke capital solutions for family offices, sovereign wealth funds, financial institutions and corporate investors. Headquartered in Hong Kong and Kuala Lumpur, Gobi manages US$1.7 billion across 20 funds, investing in early to growth-stage companies with the potential for generational and global impact.

The firm’s team of over 90 investment professionals operates from 17 locations, curating a diversified portfolio of more than 400 companies, with 75 exits achieved to date. Gobi is recognised for its long-term, values-aligned approach, building ecosystems at the intersection of technology, sustainability, and inclusion. From pioneering TaqwaTech for two billion Muslims, to advancing the circular economy, to promoting gender-diverse leadership, Gobi backs the trends that are reshaping societies.

Gobi’s edge lies in identifying structural and demographic shifts, forging partnerships with universities and institutions of higher education; bridging world-class research with private capital and bringing deep technology breakthroughs to commercialisation.

For more information, please visit:

About Asia Partners

Asia Partners is a growth equity firm focused on the next generation of high-growth technology and technology-enabled companies that will transform the Southeast Asia economy. Its mission is to empower founders to build a new generation of tech giants, through deploying capital that directly addresses the region’s ‘Series C/D Gap’, and expertise in operating skills, drawing upon its collective experience of growing eight multi-billion dollar companies, including three in Southeast Asia.

Visit the website for more information:

Ferrari has introduced the Amalfi Spider, a V8-powered 2+ convertible designed to blend grand touring comfort with the marque’s hallmark performance engineering, marking another expansion of the company’s front-mid-engine sports car line-up. Revealed as part of Ferrari’s evolving range of high-performance open-top models, the Amalfi Spider features a front-mid-mounted V8 engine configuration and a 2+ seating layout intended to combine everyday usability with the brand’s racing-derived dynamics. […]

HANOI, VIETNAM – Media OutReach Newswire – 10 March 2026 – Amid volatility in global fuel prices, Vingroup has announced the launch of a special “Trade Gas for Electric” program in Vietnam, India, Indonesia, and the Philippines. The program offers an additional 3% discount on VinFast cars and 5% discount on VinFast electric scooters for customers switching from old gasoline vehicles. At the same time, fares for Xanh SM services will be reduced by 10% from March 11 to March 31, 2026, depending on each market.

"Trade Gas for Electric" program in Vietnam, India, Indonesia, and the Philippines

Specifically, in addition to the existing incentives currently available, customers who switch from old gasoline vehicles to new VinFast electric vehicles during the program period will receive an additional 3% discount for cars and 5% discount for scooters. The program will be applied across all four markets: Vietnam, India, Indonesia, and the Philippines.

Fares for Xanh SM services will be reduced by 10% from March 11 to March 31, 2026

In line with VinFast’s pioneering spirit, GSM Green and Smart Mobility Joint Stock Company has also announced an immediate 10% reduction in fares for electric mobility services on the Xanh SM platform in Vietnam and Green SM in Indonesia from March 11 to March 31, 2026. This initiative offers customers a more environmentally-friendly and cost-effective transportation option.

The program may be extended depending on international developments and future fuel price movements.

Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The special ‘Trade Gas for Electric’ program launched in March across four key markets is VinFast’s timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world. As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup’s green ecosystem aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”

The special “Trade Gas for Electric” program will be implemented in parallel with and combined with other available incentive programs in each market. Through layered incentives, Vingroup and companies within its ecosystem aim to create favorable conditions for customers to transition quickly to electric vehicles, reduce dependence on gasoline, stabilize daily life, and contribute to building a cleaner and more civilized living environment.

Hashtag: #Vingroup

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

Chinese electric vehicle manufacturer BYD has introduced a new generation battery technology designed to dramatically reduce charging times while extending driving range, marking a significant development in the global race to improve electric mobility. The company’s upgraded “Blade Battery 2.0” was presented as capable of delivering up to 1,000 kilometres of range on a single charge, while also supporting extremely rapid charging that could replenish a large […]

A Lufthansa passenger aircraft bound for Riyadh was diverted to Cairo after safety concerns prompted the crew to alter its route, according to the airline’s chief executive Carsten Spohr, drawing attention to mounting operational challenges for airlines navigating volatile airspace across the Middle East. Spohr confirmed the diversion on Friday, stating that the decision was taken as a precautionary measure to ensure the safety of passengers and […]

Thanks to powerful partnerships with industry leaders, NOTE 60 Ultra represents Infinix’s boldest entry in the flagship tier, debuting in Barcelona during MWC 2026

BARCELONA, SPAIN – Media OutReach Newswire – 5 March 2026 – Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship debuting in Barcelona during Mobile World Congress 2026.

Infinix NOTE 60 Ultra Design by Pininfarina
Infinix NOTE 60 Ultra Design by Pininfarina

Co-developed with Italian automotive and design legend Pininfarina, NOTE 60 Ultra’s design is driven by an emotion-led aesthetic inspired by super cars. Beneath its bold design lies a fully realized flagship experience, integrating breakthrough in-house innovations with best-in-class partner technologies. A professional-grade 200MP ultra-high-definition imaging system, built-in multi-country satellite communication connectivity, and immersive audio precision-tuned by SOUND BY JBL come together to challenge expectations in the premium segment.

Supercar Design DNA in a Flagship, Shaped by Pininfarina

In the premium segment, the design language is a device’s opening statement. A user’s perception at first glance is shaped by aesthetics, long before a single specification is considered.

Drawing inspiration from the aerodynamic philosophy and pioneering spirit of high-performance sports cars, Infinix, in partnership with Pininfarina, takes a radical departure in sculpting a flagship. What stands out immediately is what’s missing: the camera bump. As premium handsets adopt larger sensors, they often sacrifice form with increasingly protruding camera modules.

True to the sports car heritage, NOTE 60 Ultra introduces a fully integrated, single-body rear: the Aluminum Unibody Design. At the heart of this craftsmanship is the World’s 1st Uni-Chassis Cam Module, formed a single, continuous sheet of CORNING® GORILLA® GLASS VICTUS that virtually conceals the presence of the camera. Much like a supercar sculpted for low-drag, the rear design maintains a smooth, uninterrupted silhouette. This also ensures a natural in-hand feel and unobtrusively slips into any pocket, while reinforcing the phone’s durability and structural integrity.

Paying homage to Italian cultural and racing heritage, NOTE 60 Ultra arrives in four striking colorways: Torino Black, Monza Red, Amalfi Blue, and Roma Silver. Each hue draws inspiration from the most iconic scenes and legends of Italy’s motorsport and cultural history, capturing the spirit of speed, lifestyle, and emotional beauty.

Just as a supercar announces its ignition through sound and light, NOTE 60 Ultra mirrors the ritual. A Floating Taillight signature spans the rear, illuminating as the device powers on. And as a final nod to automotive heritage, NOTE 60 Ultra features an Active Matrix Display reminiscent of a supercar dashboard at startup. Concealed within the rear surface, the hidden display lights up to reveal notifications, expressive icons, or a pixel-style virtual companion.

Dual Flagship Cameras for Detail, Zoom, and True-to-Life Imaging

Although discreet at first glance, Infinix makes no concessions on camera performance and earmarks a new era for Infinix’s imaging capability. Delivering performance on par with industry-leading standards, Infinix’s Dual Flagship Imaging Architecture marks several brand-first breakthroughs and improvements across three dimensions, reinforcing its position as a signature offering.

Under the hood, it’s clear that NOTE 60 Ultra refuses to settle for less. Discreetly integrated within the Uni-Chassis Cam Module is a powerful triple-camera array. Anchored by a next-generation 200MP Samsung ISOCELL HPE sensor, NOTE 60 Ultra delivers ultra-high-definition clarity. And ensuring flagship-grade versatility across focal lengths, the phone is complemented by a 50MP Samsung ISOCELL JN5 periscope telephoto lens and a 112° ultra-wide lens.

However, hardware alone does not define the full experience. For the first time, Infinix supports the XDR display standard with Ultra HDR Capture. Powered by a proprietary XDR Image Engine, Infinix’s advanced system delivers a superior dynamic range, ideal for true-to-life photos of bright lights at night or breathtaking sunset scenes.

The result is exceptional resolution that sets a higher bar for precise framing in daylight or after dark, while faithfully preserving details often lost in standard photography. Whether exploring daytime cityscapes or distant horizons, NOTE 60 Ultra excels with its advanced optical‑to‑digital zoom performance. Crisp, detailed shots are captured across a versatile zoom range, from a 2× optical crop and native 3.5× optical zoom to a 7× lossless digital zoom, extending up to 100× for extreme distances.

Expansive Satellite Calling and Messaging Coverage

Beyond what meets the eye, NOTE 60 Ultra carries a more subtle capability designed to accompany the user’s ambition, as far as and wherever the road leads. NOTE 60 Ultra is the first¹ to introduce dual-way satellite calling with expansive global coverage across a far greater number of countries¹. Powered by two-way messaging and calling beyond traditional terrestrial networks, NOTE 60 Ultra offers an added peace of mind whether navigating remote terrain beyond cellular coverage or facing large-scale network disruptions. The device bridges regional connectivity gaps to maintain communication and enables emergency location sharing when it matters most.

Ultra-Fast, Enduring Functionalities for an All-Around Flagship Experience

NOTE 60 Ultra combines category-leading performance and enduring power to support multi-sensory entertainment without interruption. Complementing this, its latest user experience delivers forward-looking innovations and AI-driven optimizations, making it more accessible and seamless for everyday use.

Impressively, Infinix debuted the Proprietary Battery Self-Healing Technology. Despite featuring a massive 7000mAh silicon-carbon battery within a slim, lightweight frame, NOTE 60 Ultra is engineered to restore up to 1%² of battery health every 200 charge cycles. Complementing this breakthrough, NOTE 60 Ultra supports wired 100W All-Around Fast Charge and 50W wireless charging, achieving a full charge from 1% to 100%² in only 48 minutes through a wired connection.

Even with a massive battery, Infinix pulls out all the stops to optimize for both speed and energy management. Featuring a 4nm all-big-core MediaTek Dimensity 8400 Ultimate chipset together with Infinix’s self-developed performance engine, NOTE 60 Ultra achieves up to 25%² faster multitasking, accelerated app responsiveness, and sustained smoothness.

NOTE 60 Ultra excels in its class with a captivating, 1.5K Ultra HDR cinematic display. Delivering fluid 144Hz responsiveness and exceptional 4500-nit peak brightness, visuals remain vibrant across most lighting conditions. Even in motion, intelligent predictive stabilization minimizes motion sickness, whether watching a film or playing games from within a car. And just as a high-performance vehicle demands calibrated acoustics, NOTE 60 Ultra doesn’t settle for less. It delivers high-fidelity audio through a stereo system with SOUND BY JBL, completing a truly compelling entertainment experience.

The NOTE 60 Ultra’s optimized performance enables its intelligent AI features to run fluidly and efficiently with minimal battery drain. Its integrated AI ecosystem focuses on practical daily-enhancing functions, including real-time vitals tracking via Advanced Health Monitor, personalized file organization and an adaptive AI-powered knowledge base, all evolving with user preferences. These AI capabilities are seamlessly woven into GlowSpace, a new interface debuting on XOS 16.³ Powered by Android 16, GlowSpace introduces a fully reimagined UI centered on fluid motion and luminous details that animate with every interaction.

Through co-engineering with leading technology and innovation partners, Infinix has aligned NOTE 60 Ultra around a unified vision of excellence. The outcome is a benchmark-setting flagship defined not by spectacle, but by deeply integrated and purposeful engineering, inside-out.

Product availability

NOTE 60 Ultra comes with a promise of 3 years of major OS updates and 5 years of security patches.

NOTE 60 Ultra is available in four colors: Torino Black, Monza Red, Amalfi Blue, and Roma Silver.

It will be available in two variants: 12GB + 256GB, 12GB + 512GB, with built-in eSIM⁴.

NOTE 60 Ultra comes with a deluxe gift box with automotive-inspired display stand design. A Supercar-Inspired MagCharge Base in Zinc Alloy, a Kevlar-Pattern MagPad, a Custom Kevlar MagCase, and a Track-Edition SIM Ejector Pin are included in the gift box.

Disclaimer

¹As of launch, this device is the first commercially available smartphone to support two‑way satellite calling across multiple countries. Feature availability, supported regions and coverage are subject to local certification, network deployment and market conditions.

²All data comes from Infinix laboratories. The testing data may vary slightly between different test versions and testing environments.

³The specific XOS upgrade plan for each model will be announced separately. Please note that availability of this upgrade may be limited in certain countries.

⁴eSIM availability is carrier and region-dependent; it may not be supported in all countries.

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

About Infinix

Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more—building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

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