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Refreshed five-year Encompass roadmap highlights accelerated fleet decarbonisation and proactive talent integration as key competitive advantages

HONG KONG SAR – Media OutReach Newswire – 17 June 2026 – The Caravel Group, a diversified global conglomerate with core businesses in maritime services, commodity trading and investment management, today released its fifth annual Responsibility Report, Encompass. The report details the Group’s progress, key achievements and future targets in running a sustainable and resilient business, with a particular focus on its ship management subsidiary, Fleet Management Limited.

Caravel SustainabilityReport2025 Main Cover

Guided by the four core pillars of the Encompass strategy—Navigating Responsibly, Evolving Environmental Stewardship, Safeguarding People and Working Together—the 2025 report demonstrates how the Group has successfully translated high-level ESG ambitions into measurable, accountable day-to-day operational practices across ship and shore.

Dr. Harry S. Banga, Founder & Executive Chairman of The Caravel Group, said: “Five years ago, we established Encompass as our guiding compass. This fifth annual report is a testament to how we have built a business trusted to perform responsibly, adapt with discipline and remain relevant in a volatile maritime industry. By formally embedding ESG metrics into performance reviews for all onshore employees and establishing strategic initiatives like our LNG bunkering joint venture, we have ensured that responsibility and performance are no longer separate conversations.”

Key Sustainable Milestones in 2025:

1. Evolving Environmental Stewardship & Accelerated Decarbonisation

  • The Group achieved a 42% reduction in managed ship GHG emission intensity from its 2008 baseline, significantly exceeding its established 2030 target of a 30% reduction.
  • Currently, 74% of the managed fleet is equipped with advanced Energy Saving Devices (ESDs), including high-performance hull paint, Propeller Boss Cap Fins (PBCFs) and variable speed motors, keeping the Group firmly on track to equip 100% of its fleet by 2030.
  • The Caravel Group entered a strategic joint venture with Celsius Shipping to co-own and operate a new fleet of high-specification LNG bunkering vessels, supporting the maritime sector’s wider transition towards cleaner fuels.

2. Navigating Responsibly & Digital Innovation

  • The Group continued the active pilot deployment of Captain’s Eye, an AI-powered maritime safety solution using onboard CCTV to detect smoke, leaks and safety hazards in real-time.
  • Upgrades to PARIS (integrated fleet management platform) and NOVA (data analytics) provided vessel owners with real-time financial, EU ETS and FuelEU Maritime compliance reporting, bolstering transparency and proactive risk management.

3. Safeguarding People & Safety Excellence

  • Port State Control (PSC) detentions across the fleet plummeted from 22 in 2023 to just 5 in 2025, driven by the Group’s increasingly rigorous safety protocols and strengthened reporting discipline.
  • The Group recorded an exceptional 91% wellbeing score in its annual employee survey, surpassing its 78% target set for 2028 ahead of schedule.

4. Working Together, Talent & Community Engagement

  • Following its landmark acquisition of the International Maritime Institute (IMI) in India, the Group integrated a highly reliable, Group-aligned talent channel, welcoming over 500 job-ready cadets to Fleet Management in 2025.
  • The Caravel Group recorded a 92% employee engagement score and a 93% Diversity, Equity and Inclusion (DEI) score.
  • In line with its pledge to commit at least 2% of average net profits over the previous three years to social causes, the Group contributed USD 1,529,993 to community partnerships, education initiatives and disaster relief programmes.

Mr. Angad Banga, Group Chief Executive Officer of The Caravel Group, added: “In today’s market, sustainability is no longer a future consideration—it is an active operating condition. Regulatory frameworks like FuelEU Maritime and EU ETS carry real economic consequences, and our clients look to us for the systems, judgment and commercial depth to navigate this landscape. By pairing digital tools with a robust talent pipeline through the IMI, we are building organisational capability before the moment it is needed, creating a lasting competitive advantage.”

To explore the detailed performance data, future targets, and the full version of the Encompass: Responsibility Report 2025, please visit The Caravel Group Website: https://www.caravel-group.com/our-impact/responsibility-reports

Hashtag: #FleetManagementLimited

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

About The Caravel Group Limited

The Caravel Group, headquartered in Hong Kong, is a privately held and globally diversified group with operations across maritime services, dry bulk commodity trading, institutional investment management, and philanthropy. Its maritime division includes Fleet Management Limited, one of the world’s largest third‑party ship managers, with more than 500 vessels under management, and strategic investments, including a major stake in Pacific Basin (HKEX: 2343). Caravel also owns the International Maritime Institute (IMI) in India, reinforcing its commitment to maritime talent development. Through Caravel Asset Management, the Group invests globally across public markets and private equity, while its philanthropic arm, The Caravel Foundation, supports the education and well-being of underprivileged youth across Hong Kong, China, and India.

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About Fleet Management Limited

Fleet Management Limited, part of The Caravel Group, is one of the world’s largest third‑party ship managers, with more than 500 vessels under management. This scale bears testament to the resilience and commitment of thousands of seafarers and onshore maritime professionals serving shipowners worldwide.

Fleet manages a range of vessels, including bulk carriers, containers, car carriers, oil tankers, gas carriers and chemical tankers from 600 to 320,000 DWT in size – with many being young and energy-efficient with an age profile below the industry average. The company also has a dynamic newbuilding supervision department.

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Chainguard has launched Athena, a coalition backed by major financial, technology and security groups to repair open-source software flaws before attackers can use artificial intelligence to find and weaponise them. The initiative brings together BNY, Cisco, Cloudflare, Corridor, DepthFirst, Docker, JPMorganChase, Kyndryl, LTM and PwC, with Chainguard acting as the coordinating platform. Athena is already operational with more than two dozen participating organisations, having processed over 20,000 […]

A China-nexus hacking group maintained covert access to a segregated critical-infrastructure network for nearly a decade by tampering with Linux authentication tools that administrators rely on to control access. The operation, tracked as Velvet Ant and labelled Operation Highland by investigators, exposed a high-risk tactic in cyber espionage: rather than relying only on conventional malware, the intruders replaced trusted OpenSSH binaries and Pluggable Authentication Modules with altered […]

Service provides medical assessment, ingredient information and delivery arrangements where appropriate

HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – FastMed today announced the launch of online consultation support for hair loss concerns, providing a private and structured pathway for medical assessment of increased shedding, a receding hairline, thinning at the crown and reduced hair volume. The service covers online information submission, doctor assessment, review of possible hair loss causes, evidence-informed ingredient information and follow-up arrangements where appropriate.

Structured Online Assessment for Hair Loss Concerns

Hair loss has become an earlier concern among urban adults. Many cases are first managed through over-the-counter shampoos, hair growth serums, supplements or products promoted online. Hair loss, however, may be associated with a range of factors, including genetics, hormonal changes, stress, lack of sleep, nutritional status, scalp conditions, underlying illnesses and medication-related effects.

FastMed’s online consultation workflow supports the submission of relevant health information before medical assessment. Information reviewed may include duration of shedding, location of hair thinning, family history of hair loss, recent health status, lifestyle factors and products previously used. The process is designed to support assessment of whether hair loss may be related to temporary shedding, scalp-related concerns, or genetic and hormonal factors.

Genetic and Hormonal Factors Included in Assessment

Male-pattern hair loss, also known as androgenetic alopecia, and female-pattern hair loss are commonly associated with genetic and hormonal factors. These conditions may appear before middle age. Early signs may include a gradually receding frontal hairline, thinning at the crown, finer hair strands or widening of the hair parting. Because these changes often develop gradually, early signs may be mistaken for stress, insufficient rest or unsuitable haircare products.

Dr. Leung Kin Hei, medical adviser to FastMed, said: “Hair loss can involve a range of underlying causes. General haircare products may help cleanse the scalp or improve hair appearance, but hair loss associated with genetic or hormonal factors requires a clearer understanding of hair loss type and possible causes. A structured assessment process can support more appropriate follow-up decisions.”

Evidence-Informed Ingredient Information

FastMed’s online consultation support may also provide medical information on commonly discussed ingredients for hair loss, based on assessment findings. For androgenetic alopecia, ingredients commonly referenced in medical literature and supported by regulatory approval include finasteride and topical minoxidil. Finasteride is the active ingredient in prescription medicines such as Propecia and Damocare, while topical minoxidil is commonly found in external hair growth products such as Regro and Regaine.

Suitability, method of use and potential risks vary across ingredients. Prescription medicines in particular should only be considered following medical assessment. FastMed’s service is designed to support appropriate information provision and assessment-based follow-up, rather than product selection based solely on advertising, online reviews or brand claims.

Online Process Supports Privacy and Convenience

Hair loss is common, but concerns about appearance, confidence and privacy may delay medical support. FastMed’s online process allows information to be submitted through a digital pathway before doctor assessment. Where appropriate following assessment, the platform may arrange relevant support, medication advice, delivery or follow-up.

Dr. Leung added: “Hair loss concerns may affect confidence, social interaction and emotional well-being. Medical support is not intended to create anxiety. A structured assessment process can help clarify possible causes, reduce reliance on unverified online information and support more informed follow-up decisions.”

Hashtag: #FastMed #Medical #Health



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

About FastMed HK

FastMed is a medical platform providing online doctor consultations and delivery support. The platform supports access to appropriate medical information and follow-up arrangements in a private, convenient and compliant manner, with assessments conducted according to individual circumstances.

SHANGHAI, CHINA – Media OutReach Newswire – 15 June 2026 – ACE ROBOTICS today announced that its open-source Kairos world model has achieved leading results across four global embodied-intelligence benchmarks: RoboTwin 2.0, LIBERO-Plus, WorldModelBench Robot and DreamGen. Kairos ranked first among evaluated world models and vision-language-action (VLA) systems on these benchmarks’ public leaderboards as of 12 June 2026, leading across the core capabilities of embodied intelligence, including complex robotic manipulation, scene-level generalization, physical-world modeling and zero-shot transfer. The project is openly available on GitHub, Hugging Face and ModelScope, giving researchers and developers a public reference point for the model, benchmark results and technical materials.

Tops Four Leading Benchmarks in World Generation & Prediction
Tops Four Leading Benchmarks in World Generation & Prediction

Embodied intelligence faces a fundamental challenge: generalization. A robot must operate reliably in environments it has never seen, adapting to new lighting, layouts, objects, embodiments and noisy real-world conditions. While VLA models have become a prevailing approach by directly mapping perception and language inputs to robot actions, ACE ROBOTICS believes world models offer a more scalable path by explicitly learning the underlying dynamics of the physical world and predicting how environments evolve. Kairos is designed to validate that approach.

Leading scene-level generalization on LIBERO-Plus

One of Kairos’ most significant results comes from LIBERO-Plus, a scene-level generalization benchmark proposed by the Shanghai Innovation Institute with Fudan University, Tongji University and the National University of Singapore. It evaluates robustness under seven real-world variables: camera angle, robot embodiment, language instruction, lighting, background, sensor noise and spatial layout.

Kairos achieved an overall score of 89.0, ranking first among all evaluated world models and VLA systems. It surpassed leading VLA models including ACoT-VLA (88.0), Pi 0.5 (85.7) and ProGAL-VLA (85.5), as well as the Being-H0.7 world model (84.8). It also showed strong environmental robustness, with near-ceiling performance on lighting (97.7), noise (96.8) and background (95.8), and ranked highly on camera angle and language instruction.

According to ACE ROBOTICS, this marks the first time a world-model approach has outperformed leading VLA systems on LIBERO-Plus for scene-level generalization, pointing to a path where robots adapt to homes, factories, retail spaces and other environments with far less environment-specific retraining.

A compact model with strong physical modeling efficiency

On WorldModelBench Robot, a physical-modeling benchmark proposed by researchers from UC Berkeley, UC San Diego, NVIDIA and MIT, Kairos-4B achieved an overall score of 9.30, ranking first on the benchmark. With only 4 billion parameters, it outperformed larger systems including 28-billion-parameter Lingbot, 16-billion-parameter Cosmos 3, 14-billion-parameter Abot-PhysWorld and 5-billion-parameter Wan 2.2, setting a new record for parameter efficiency in embodied world models.

Kairos matched the top instruction-following score (2.36) of the 16-billion-parameter Cosmos 3 with about one quarter of the parameters, a fourfold efficiency gain. It scored 4.96 on physics adherence, with perfect marks on Newtonian mechanics and gravity, and a perfect score on temporal quality, reflecting strong temporal consistency and visual continuity over long horizons.

A unified architecture, not a modular pipeline

ACE ROBOTICS attributes Kairos’ performance to its native unified “multi-modal understanding-generation-prediction” architecture. Unlike modular approaches that stitch together separate components for world understanding, generation and prediction, Kairos integrates these within a single backbone that shares one global world state, reducing the information loss and coordination latency between modules for more consistent physical modeling, stronger long-horizon prediction and more reliable action planning.

ACE ROBOTICS first introduced this architecture in December 2025, and the broader industry is now converging on a similar path: NVIDIA’s Cosmos 3.0, introduced in 2026, adopts a comparable single-system design that brings vision reasoning, world generation and action prediction into one architecture. Built on this foundation, Kairos-4B is, in ACE ROBOTICS’ description, the first embodied world model able to drive a physical robot directly on-device, closing the perception-to-action loop without intermediate translation latency.

Leading on synthetic data transfer and complex robot manipulation

Kairos also ranked first on DreamGen Bench, a benchmark led by NVIDIA with the University of Washington, UC Berkeley and UCLA that measures how well synthetic data generated by world models transfers to unseen objects, behaviors and environments, a key predictor of downstream robot-training value. Kairos ranked first on both average physics adherence (AVG_PA 0.538) and overall average score (AVG_Score 0.618), and led globally on new-behavior execution and new-environment adaptation.

On RoboTwin 2.0, a demanding dual-arm manipulation benchmark proposed by Shanghai Jiao Tong University and the University of Hong Kong with Shanghai AI Laboratory, Kairos scored 96.1% — a state-of-the-art result on the benchmark’s public leaderboard as of 12 June 2026. Across the benchmark’s 50 complex two-arm tasks it scored 96.9% in clean scenarios and 95.2% in randomized scenarios, ahead of VLA models such as G0.5 (93.2) and starVLA (88.3) and world models including AIM (93.1), Fast-WAM (91.8) and MotuBrain (96.0).

From benchmark leadership to commercial deployment

Together, these results validate Kairos’ technical direction across the core dimensions of embodied intelligence, from physical-rule understanding and zero-shot generalization to environmental robustness and fine-grained dual-arm manipulation, supporting ACE ROBOTICS’ aim to move robots beyond task imitation toward physical-world understanding, long-horizon reasoning and real-world execution.

The results come as ACE ROBOTICS accelerates commercialization. The company says it has raised several hundred million U.S. dollars across financing rounds in the first half of 2026, including a recent Angel+ round backed by investors such as Geely Capital, Dachen Caizhi, Shenzhen Capital Group and the Shanghai Sci-Tech Innovation Fund, with existing shareholder SenseTime’s Guoxiang Capital increasing its stake. The proceeds will support continued world-model research and integrated hardware-software solutions for sectors including smart retail, security and inspection, tourism and hospitality.

“Embodied intelligence is the next era of AI, and a world model is the key to unlocking it,” said Wang Xiaogang, Chairman of ACE ROBOTICS. “Our mission is to give every robot a capable brain.”

Kairos is openly available on GitHub, Hugging Face and ModelScope:
https://github.com/kairos-agi/kairos-sensenova
https://huggingface.co/kairos-agi
https://modelscope.cn/collections/kairos-team/kairos30

Hashtag: #ACEROBOTICS


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

About ACE ROBOTICS – Equipping robots with intelligent “brains” and engaging “souls”

ACE ROBOTICS is a pioneering robotics company dedicated to advancing the field of embodied intelligence. Through breakthrough technological innovations and deep insights into embodied intelligence scenarios, we aim to empower robots with the ability to autonomously understand and explore the physical world, thereby accelerating their commercial implementation.

The company pioneered the ACE R&D paradigm and built a vision-based “environmental data engine, real-world cognition, embodied interaction generalization” technology chain. Using full spatiotemporal and multi-perspective environmental capture as its engine, along with Kairos 3.0 – China’s first open-source and commercially applicable world model – plus the Embodied Foundation Model as its technical backbone, ACE ROBOTICS addresses core industry challenges such as data scarcity, common sense gaps, poor generalization, and limited versatility. Simultaneously, the company unveiled its flagship A1 Embodied Super Brain Module, accelerating the large-scale commercial deployment of embodied intelligence across diverse scenarios.

ACE ROBOTICS is both a technology pioneer and an ecosystem builder. Through strategic cooperation with top hardware manufacturers, cloud service providers, and vertical scenario partners, we have broken through the “model-hardware-scenario” industrial deadlock, providing standardized and customized solutions that are driving the development of China’s embodied intelligence industry.

A cross-border policing operation has dismantled AudiA6, a cryptocurrency laundering service accused of helping ransomware gangs and other cybercriminals move more than €336 million through hidden digital-asset channels. Two alleged administrators were arrested in Georgia on 10 June after investigators targeted the platform’s clear web and dark web infrastructure, seized domains, blocked Telegram accounts and replaced AudiA6 and Dark2Web pages with law-enforcement seizure banners. The action struck […]

Taiwan is moving to anchor its alliance with Paraguay through a data-centre project expected to require at least $200 million in its first phase, tying diplomatic survival to artificial intelligence, clean energy and strategic infrastructure.

The plan, centred on a sovereign AI computing facility in Paraguay, gives Taipei a rare large-scale investment platform in South America as Beijing intensifies pressure on Asunción to cut formal ties. Paraguay remains Taiwan’s only diplomatic partner on the continent and one of just 12 governments worldwide that maintain official relations with Taipei.

The project emerged from a memorandum signed in Taipei during President Santiago Peña’s visit to Taiwan, where he met President Lai Ching-te and senior technology officials. The proposed centre is intended to combine Taiwan’s computing and semiconductor expertise with Paraguay’s abundant hydroelectric power, a resource the Peña administration wants to convert into higher-value digital services.

Paraguay’s authorities have described the first stage as a 10-megawatt data centre focused largely on state use, including secure processing of public records, health data, tax systems and other sensitive government information. Investment for that phase has been estimated at between $200 million and $300 million. Officials have also outlined broader ambitions for later stages that could lift power demand to 100 megawatts and eventually 1,000 megawatts, though those targets remain politically and commercially demanding.

The initiative is being framed by both governments as a sovereign AI project rather than a conventional colocation facility. That distinction is important for Asunción, which wants to avoid being seen merely as a low-cost power host for foreign cloud companies. The official pitch is that Paraguay would retain strategic use of the computing capacity while Taiwan helps provide technology, financing channels and international credibility.

For Taiwan, the political stakes are clear. Paraguay established diplomatic relations with Taipei in 1957 and has resisted repeated calls to recognise Beijing. China claims Taiwan as part of its territory and rejects any formal state-to-state relationship with the island. Taipei rejects Beijing’s sovereignty claim and has sought to hold its remaining partners by shifting assistance from grants and symbolic diplomacy towards trade, investment, technology and education.

Peña has defended the relationship as one based on democracy, freedom and institutions, saying the partnership must produce tangible opportunities for Paraguayans. During the Taipei visit, he also reiterated support for Taiwan’s participation in international organisations and criticised pressure directed at the island. Beijing responded sharply, urging Paraguay to “stand on the right side of history” and sever ties with Taipei.

The diplomatic contest has domestic resonance in Paraguay. Agribusiness exporters and some opposition figures have long argued that formal ties with Taiwan limit access to China’s vast market, particularly for soybeans and beef. Peña’s government is trying to counter that argument by showing that the Taiwan relationship can deliver higher-value investment, technology transfer and market access, including Taiwan’s decision to open its market to Paraguayan poultry.

The data-centre proposal fits into a wider push to position Paraguay as a digital infrastructure hub. The country draws most of its electricity from major hydroelectric assets, including Itaipú and Yacyretá, giving it one of the cleanest power profiles in the region. That advantage is attracting interest from data-centre developers, crypto-mining firms and AI infrastructure companies seeking cheap, low-carbon electricity at a time when demand for computing power is rising worldwide.

Yet the plan faces serious tests. Data centres require not only electricity, but firm grid delivery, fibre connectivity, cooling systems, specialised construction, cybersecurity rules and skilled engineers. Paraguay’s digital workforce remains limited, and critics have questioned whether the country can support an AI facility on the scale described by officials. Energy planners also face pressure to balance industrial demand against future domestic consumption and export commitments.

Regional experience offers both encouragement and caution. Latin America is drawing heavier investment from cloud and AI companies because of renewable energy, growing digital markets and geopolitical diversification. Brazil, Chile, Mexico and Uruguay have advanced faster because they combine power access with deeper telecoms networks, larger technology labour pools and clearer regulatory pathways. Paraguay’s advantage lies in energy supply, but its success will depend on whether infrastructure, governance and talent can catch up.

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Arabian Post Staff -Dubai Dubai Future Foundation has graduated 160 students from the second cohort of the Dubai TKS – Knowledge Society programme, marking a sharp expansion of the emirate’s effort to build early-stage talent in artificial intelligence, robotics, climate technology, biotechnology and advanced computing. The students, aged 13 to 17 and drawn from a range of nationalities, completed the 10-month programme at a ceremony held at […]

Cybercriminals are using counterfeit AI learning material and developer guides to lure professionals into opening files that trigger a multi-stage malware chain ending in AsyncRAT, a remote access trojan capable of surveillance, data theft and covert system control. The campaign targets Windows users with archives and documents framed as useful resources for artificial intelligence adoption, coding and marketing. One lure was presented as a developer guide for […]

ReactOS has crossed a symbolic gaming milestone after the open-source Windows-compatible operating system ran Valve’s original Half-Life in playable, in-game form on real hardware, marking a notable advance for a project that has spent decades trying to reproduce Windows NT behaviour without using Microsoft code. The demonstration showed the Windows version of Half-Life running on a Dell OptiPlex desktop fitted with an Intel Core i5-2400 processor and […]

Shin-Etsu Chemical plans to build a new rare-earth refining facility in Fukui Prefecture as Japan accelerates efforts to protect critical mineral supply chains from disruption caused by China’s export controls.

The project marks the company’s first new rare-earth refining facility since 2008 and comes as demand for high-performance magnets rises across electric vehicles, hard disk drives, robotics, wind power systems, defence equipment and advanced electronics. The investment is expected to exceed ¥35 billion, with ¥17.5 billion to be covered by government subsidy support, although the final cost and production schedule have not yet been fixed.

The new facility is intended to reinforce supplies for Shin-Etsu’s rare-earth magnet business and strengthen access to raw materials used in neodymium-based magnets. Heavy rare earths such as dysprosium, terbium and yttrium are particularly important because they improve magnet performance in high-temperature and high-stress applications, including vehicle motors and precision industrial systems.

Shin-Etsu already operates rare-earth refining facilities in Japan and has long been one of the country’s most important producers in the sector. Its rare-earth operations are centred in Fukui Prefecture, where it smelts materials and manufactures magnets at its plant in Echizen. The company says it works from raw materials through production to provide stable quality and supply, while also pursuing recycling and resource diversification.

The planned expansion reflects a broader shift in Japan’s industrial policy after months of tightening access to critical minerals. Chinese shipments of several heavy rare earths and gallium to Japan have been severely restricted since late 2025, heightening concerns among manufacturers that depend on these materials for magnets, semiconductors and other precision components. China continues to dominate mining, separation and refining capacity across the rare-earth value chain, giving Beijing considerable leverage over downstream industries.

Japan remains the largest rare-earth magnet producer outside China, but its manufacturers are still exposed to bottlenecks in the supply of heavy rare earths. The country has built stockpiles, backed overseas projects and encouraged recycling since the 2010 rare-earth shock, when diplomatic tensions with China exposed the risk of overdependence on one supplier. Those measures have improved resilience, but they have not removed the vulnerability.

The latest project is significant because it targets refining and processing rather than simply raw-material procurement. Mining deposits alone do not solve the supply challenge; rare earths require complex separation, purification and alloy processing before they can be turned into magnets. China’s advantage lies not only in reserves but also in decades of accumulated processing capacity, cost efficiency and industrial integration.

Shin-Etsu’s move also fits into a wider network of partnerships being pursued by Japan with Australia, France and the United States. Tokyo has backed alternative producers, supported offtake arrangements and encouraged private-sector investment in midstream processing. Australia-based Lynas has become a key non-China supplier, but output of heavy rare earths remains far below the volumes needed to replace Chinese supply in full.

The pressure is not limited to Japan. Manufacturers in the United States and Europe have faced similar supply uncertainty as export licensing delays affect rare earths used in aerospace, defence, clean energy and electronics. Companies exposed to the restrictions are searching for alternative suppliers, but industry executives warn that rebuilding a fully independent supply chain will take years.

For Shin-Etsu, the business case rests on both security and demand. Permanent magnets are central to electrification and digital infrastructure. Electric vehicles require compact, powerful motors; data centres and hard disk drives depend on precision magnetic components; wind turbines need high-strength magnets to improve efficiency. Demand growth has made the magnet supply chain a strategic concern for governments as well as manufacturers.

The company’s project is unlikely to eliminate Japan’s reliance on imported feedstock, especially for heavy rare earths where global non-China supply remains thin. It could, however, give domestic manufacturers greater control over processing, quality assurance and emergency production planning. That matters for customers in sectors where delivery delays can disrupt production lines and where material specifications are tightly controlled.

The government subsidy underscores how rare earths have moved from a specialist materials issue to a national industrial priority. Public support reduces the financial burden on companies undertaking technically demanding projects with long payback periods. It also signals that Tokyo is prepared to use industrial policy to keep strategic capabilities onshore.

Abu Dhabi’s L’IMAD Holding has deepened its grip on TAQA after its subsidiary Abu Dhabi Power Corporation bought a further 8.09 per cent stake in the listed power and water utility, lifting its holding to 98.12 per cent. The transaction, disclosed on Wednesday, involved the acquisition of 9.1 billion TAQA shares from Two Point Zero Group. Based on TAQA’s closing share price that day, the stake was […]

Arabian Post Staff -Dubai Industrial and Commercial Bank of China Limited’s Dubai branch is marketing dual-currency green bonds, offering investors a dollar floating-rate tranche and a renminbi fixed-rate tranche as sustainable debt issuance continues to gain traction across Gulf capital markets. The proposed three-year dollar notes carry initial price guidance at the Secured Overnight Financing Rate plus 90 basis points, while the three-year offshore renminbi tranche is […]

Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]

Apple Maps is preparing a major upgrade to its three-dimensional city experience, with 3D Gaussian splatting set to give users cleaner, sharper and more realistic urban scenes built from oblique aerial imagery. The shift marks a technical break from conventional mesh-based photogrammetry, the approach that has long powered digital city models but often produced warped tree canopies, distorted cables, softened building edges and streetscapes that appeared convincing […]

Access to finance for industrial startups is becoming a sharper policy test for the UAE as high-growth manufacturing ventures confront longer revenue cycles, heavier capital needs and risk profiles that often sit outside conventional lending models. Shaker Zainal, head of the Mohammed Bin Rashid Innovation Fund, has placed the financing gap for industrial startups within a wider challenge of alignment between founders, banks, government-backed platforms and ecosystem […]

Europe’s largest airline groups have warned Brussels that extending carbon charges to long-haul international flights would lift fares, raise cargo costs and deepen a dispute over how aviation should pay for its climate impact. Chief executives from major carriers including Air France-KLM, IAG, Lufthansa, Ryanair, easyJet, TUI and AirBaltic have urged European Commission President Ursula von der Leyen not to widen the European Union’s Emissions Trading System […]

By Nantoo Banerjee It is good that the government has finally decided to introduce the Producer Price Index (PPI) as a more reliable inflation tracker than the Wholesale Price Index (WPI). However, it may not be desirable to dump WPI entirely after a period of the next five years. Wholesale price levels remain highly valuable […]

The article Producer Price Index Is Welcome Though WPI Need Not Be Dumped appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Digital gold has arrived in the Gulf. It still answers to the gram. 1. Two buyers, one price Walk through the Dubai Gold Souq on a busy evening and you will see two buyers who think they are doing completely different things. One is turning a 22-karat bangle over in his hand, watching the shopkeeper punch the day’s rate into a calculator. The other is standing a […]

Luxury hair and scalp rejuvenation pioneer Sheer Reprime invests nearly HK$10 million to deploy next-generation, FDA and CE-certified hair restoration and scalp rejuvenation technologies.

HONG KONG SAR – Media OutReach Newswire – 8 June 2026 – Celebrating eight years of clinical excellence, premier hair and scalp rejuvenation brand Sheer Reprime today announced the grand opening of its ultra-luxury flagship center on Wellington Street, Central. Representing a strategic investment of nearly HKD10 million, the expansive facility positions Sheer Reprime at the epicenter of Hong Kong’s elite financial and cultural district. This expansion marks a new era of medical-grade, advanced hair restoration and scalp rejuvenation.

Hair and scalp rejuvenation pioneer Sheer Reprime expands into Hong Kong's Wellington Street with a flagship center.
Hair and scalp rejuvenation pioneer Sheer Reprime expands into Hong Kong’s Wellington Street with a flagship center.

Located at 50 Wellington Street, adjacent to the iconic Yung Kee restaurant, the near-full-floor flagship features private treatment suites engineered for maximum comfort and discretion. The venue is optimized for busy and successful individuals, stars and celebrities seeking world-class clinical trichology with exceptional hospitality.

Bridging Follicle Biology and Biophotonics

Sheer Reprime’s expansion directly addresses a surging global market demand for scientifically backed hair-loss solutions, particularly as stress and lifestyle factors accelerate the onset of premature thinning among younger demographics.

“Our expansion into the heart of Central marks a watershed moment for Sheer Reprime,” said a Brand Spokesperson. “The modern consumer demands rigorous, evidence-based hair and scalp treatments. Sheer Reprime is built at the intersection of Follicle Biology and Biophotonics. Our multi-million-dollar investment into an advanced clinical instrumentation allows us to optimize the scalp microenvironment at a cellular level, far surpassing the limitations of older generation treatments.”

Internal clinical metrics validate the brand’s scientific approach. In a recent study tracking 100 urban professionals over a 12-week regimen of Sheer Reprime’s laser hair rejuvenation therapy, participants demonstrated an average increase of 22% in hair shaft thickness and an 18% increase in active follicular density.

Departing from standard industry practices focused merely on surface-level scalp cleansing, Sheer Reprime introduces its proprietary Connotation Therapy. This multi-modality framework combines technologies which have received FDA, Medical CE, and EU MDR (Medical Device Regulation) certifications. Amongst them SLD LLLT hair loss treatment, which delivers biophotonic laser energy 3–5mm beneath the scalp surface to revive the follicular base. Winback Tecar Therapy and 500kHZ cellular radio frequency, which utilizes deep thermal energy to enhance localized microcirculation across the head, neck, and shoulders, maximizing nutrient and oxygen delivery to the hair bulb while flushing out metabolic waste and DHT (dihydrotestosterone).

The launch of Sheer Reprime’s Wellington Street flagship redefines the luxury trichology landscape in Hong Kong, merging clinically proven regenerative technologies with an unparalleled bespoke experience.

Hashtag: #sheerreprime #煥光活髮

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

About Sheer Reprime

Sheer Reprime is a premier scientific hair and scalp rejuvenation brand. By fusing Follicle Biology with Biophotonics, the brand transcends the boundaries of traditional hair care. Operating its multi-million-dollar flagship in Central, Sheer Reprime deploys FDA and CE-certified medical-grade technologies to lead the global industry into the era of cellular hair restoration. For more information, visit:

Cybersecurity teams are being urged to review exposed Microsoft IIS servers after a China-linked espionage cluster was found using a custom web shell framework built to evade conventional detection and maintain access inside compromised networks. The activity, tracked as OP-512, targeted an internet-facing Windows Server 2016 system running Internet Information Services and an end-of-life. NET Framework 4.0 application. The operation involved three purpose-built web shells using ASPX […]

By K Raveendran Prime Minister Narendra Modi’s government may have done itself a favour by allowing the Cockroach Janta Party protest led by Abhijit Dipke to proceed without turning it into another confrontation between the state and restless young citizens. For a government that has often preferred firmness over accommodation, the decision to let anger […]

The article Cockroach Protest Exposes A Youth Challenge Modi Cannot Brush Away appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Controlled fire whirls have emerged as a promising tool for tackling offshore oil spills after large-scale field tests showed that spinning columns of flame can burn crude oil faster, consume more fuel and sharply cut soot compared with conventional surface burning. Researchers led by Elaine Oran and Qingsheng Wang at Texas A&M University, with Michael Gollner of the University of California, Berkeley, created fire whirls under controlled […]

Hola Browser’s Windows installer was compromised to deliver an undeclared cryptocurrency-mining executable to some users, exposing a supply-chain weakness in a product that had passed application certification checks before the anomaly was detected. The affected version, Hola Browser for Windows 1.251.91.0, wrote an unexpected file named me. exe to C:Program FilesHola on some systems. The executable was not part of the certified software footprint, was not digitally […]

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