Arabian Post Staff -Dubai Google has removed false information from its search results that declared OpenAI chief executive Sam Altman dead, after vandalism of public information sources fed incorrect data into one of the search engine’s prominent information panels. The error appeared on August 12, when searches for Altman displayed a death date of August 12, 2026. Screenshots of the result spread rapidly across X and Reddit […]
These include eight awards under the Sustainable Cities and Human Settlements Awards (SCAHSA) series issued by the Global Forum on Human Settlements (GFHS), as well as a 2024 Certificate of Honor from GFHS; LEED for Core and Shell (LEED-CS) Gold pre-certification from the U.S. Green Building Council; GreenRE Gold ratings for Forest City Island and its international school; GEO Certified status for both golf courses from Scotland’s GEO Foundation; and a seven-year consecutive ranking for Forest City Golf Resort’s Classic Course among the Top 100 Golf Courses in Asia. In 2026, the Classic Course was ranked No. 1 in Malaysia and No. 36 in Asia.
The awards and certifications documented here address a specific set of criteria: design quality, sustainability standards, and operational assessments by independent institutions. This release provides a transparent account of the institutions that have assessed Forest City, the areas reviewed, and the limits of what such recognition can reasonably prove.
Sustainability and Green-Building Recognition
LEED-CS Gold pre-certification has been secured from the U.S. Green Building Council (USGBC) for multiple buildings, demonstrating that environmental performance was embedded in project planning from the outset. LEED pre-certification represents verified design intent and a formal commitment to sustainable performance criteria, including energy modelling, water efficiency, materials selection, and indoor environmental quality.
This design-stage commitment is reflected across the master plan, which dedicates over 60% of the total land area to non-built space, equivalent to 2.86 million m² of green infrastructure. This includes two golf courses, public parks, landscaped residential zones, and mangrove corridors extending along the Johor coastline — green space that, as of 2026, supports more than 400 officially documented species.
At the national level, Forest City Island and its international school have received GreenRE Gold ratings under Malaysia’s green real-estate framework, reinforcing the project’s alignment with recognised sustainability benchmarks at both international and domestic levels. Beyond building-level certifications, Forest City has received eight awards under the SCAHSA, issued by the GFHS, an international non-profit organisation in special consultative status with the United Nations Economic and Social Council. The documented recognition spans planning and design, green-building industrial development, city-industry integration, green smart city development, coastal ecological protection, low-carbon city planning, and green and intelligent construction, with awards recorded from 2016 to 2023. In 2024, Forest City also received a Certificate of Honor at the 19th Global Forum on Human Settlements from GFHS for its contribution to promoting sustainable cities and human settlements for all.
| Award / Certification | Issuing Body | What It Certifies | Status as Reported by Forest City |
| SCAHSA series, including green and intelligent construction recognition | Global Forum on Human Settlements (GFHS, UN ECOSOC consultative status) | Sustainable city planning and green construction | Eight awards and a 2024 Certificate of Honor, with documented recognition from 2016 to 2023 |
| LEED-CS Gold pre-certification | U.S. Green-Building Council | Core and shell sustainable building design | Multiple buildings |
| GreenRE Gold | GreenRE, Malaysia | Green real-estate design and operation | Forest City Island and international school |
| GEO Certified | GEO Foundation, Scotland | Sustainable golf-course operations | Both golf courses |
Golf and Hospitality Recognition
Forest City’s leisure and hospitality assets have also received external recognition, led by the continued performance of Forest City Golf Resort’s Classic Course in regional rankings. The Classic Course has maintained its position among the Top 100 Golf Courses in Asia for seven consecutive years, ranking No. 1 in Malaysia and No. 36 in Asia in 2026, a rise of 14 places from the previous year. The ranking is assessed by an independent panel co-hosted since 2016 by the Chinese and Korean editions of Golf Travel magazine and was reported by The Star on 26 April 2026 following the awards ceremony at Hillview Golf Club on 14 April 2026.
The hospitality component of the resort has also received platform-based recognition. Forest City Golf Hotel earned the Agoda Gold Circle Award 2025 based on service ratings and operational performance on the booking platform. Forest City regards the award as an encouraging indicator of its commitment to guest experience and service consistency, while noting that it reflects day-to-day hospitality performance rather than a measure of the wider development.
Additionally, both golf courses have earned GEO Certified status from Scotland’s GEO Foundation, which evaluates sustainable golf-course operations. GEO Certified is described by the GEO Foundation as “golf’s most comprehensive and widely recognised eco-label”, and is awarded following successful completion of the OnCourse programme and an independent audit. Collectively, these accolades attest to quality across golfing excellence, hospitality service, and environmental stewardship — recognition reflected in visitor engagement, with the resort welcoming more than 100,000 golfers in 2025.
Economic and Community Contribution
Forest City’s recognition record is supported by reported economic and social contribution figures. Internal records indicate that, as of November 2025, the development had contributed over RM790 million in taxes to the Malaysian government, alongside more than RM50 million in employee-related taxes.
More than RM53 million has been invested in charity and community programmes, including support for local schools and villages, and more than 10,000 direct and indirect jobs have been created.
According to Forest City’s internal records as of November 2025, the development has engaged more than 190 local enterprises, attracted property owners from over 20 countries and territories, and contributed to attracting an estimated 300,000 international visitors to Malaysia.
The Significance Behind These Awards
In 2018, Forest City was profiled by Forbes as one of the “5 new cities that are set to shake up the future”. While the coverage is now nearly eight years old, it underscores the project’s long-standing visibility in global urban development conversations, rather than serving as an endorsement of present-day investment returns.
Green-building certifications relate primarily to design and operational standards; the SCAHSA recognitions focus on planning and sustainability; and golf-course rankings evaluate course quality and related criteria.
For prospective residents and investors, the awards should therefore be treated as evidence of build quality, institutional engagement and assessed sustainability credentials, to be considered alongside current data on occupancy, demand, connectivity and market liquidity. Questions relating to the Special Financial Zone framework and connectivity — including the Johor Bahru–Singapore Rapid Transit System Link scheduled to open for passenger service on 1 January 2027 — should be assessed through dedicated materials, current market data and, where relevant, Forest City’s investment overview.
The Broader Impact of Awards and Recognitions
The relevance of Forest City’s awards and certifications varies by audience. For ESG-minded investors and institutions, the most relevant credentials are Forest City’s LEED-CS Gold pre-certification, GreenRE Gold ratings, and GFHS recognition. These are issuer-named credentials aligned with green-investment screening and can be reviewed alongside Forest City’s broader investment framework. For enterprises operating within the SFZ, this integrated environment — where land and marine ecosystems are carefully preserved — enhances environmental performance and strengthens sustainability credentials.
For prospective residents and families, the GreenRE rating for the international school and the golf and hospitality recognition for the resort may be more directly relevant to daily living than city-planning awards. These credentials point to quality — but prospective residents should also assess schools, amenities, transport, community facilities, and the broader facts about Forest City on the ground.
For Malaysia-market watchers, Forest City’s SCAHSA record and reported RM790 million tax contribution mark the development as a recognised case study in green development and city-industry integration. This recognition is a data point on the development’s institutional standing, not a forecast of its commercial outcome.
Conclusion
What the awards record does establish is something more specific. Forest City reports nearly 40 awards and certifications across named institutions, including the U.S. Green Building Council, the Global Forum on Human Settlements, the GEO Foundation, and the Top 100 Golf Courses in Asia panel. This is accompanied by reported contributions of more than RM790 million in taxes and the creation of more than 10,000 direct and indirect jobs. Prospective residents and investors should also consider Forest City’s position as the financial-services flagship within the Johor–Singapore Special Economic Zone, along with its duty-free island and Malaysia Digital Status.
The strongest claim the awards support is also the most modest one: that Forest City has been built and planned to a standard that named international institutions have repeatedly chosen to certify — which is a starting point for due diligence, not a substitute for it.
Hashtag: #ForestCity #SFZ #ForestCityAchievements #Malaysia
The issuer is solely responsible for the content of this announcement.
Located in Iskandar Puteri, Johor, Forest City Special Financial Zone (FCSFZ) is Malaysia’s first designated special financial zone and a key financial-services component of the Johor–Singapore Special Economic Zone. It is positioned to attract financial institutions, multinational corporations, high-net-worth individuals and businesses operating in wealth management, financial technology and global business services.
Its incentive framework includes a 0% income tax rate for qualifying Single Family Office Vehicles for up to 20 years, a preferential 5% corporate tax rate for approved qualifying activities, and a special 15% personal income tax rate for eligible knowledge workers, subject to the applicable conditions, regulatory approvals and prevailing legislation. Forest City also holds duty-free island status, further strengthening its appeal as a regional investment, business and wealth-management destination near Singapore.
Standard Chartered has initiated coverage of Chainlink’s LINK token with a price forecast of $200 by the end of 2030, betting that rapid expansion in tokenised assets and decentralised finance will sharply increase demand for the blockchain network’s infrastructure. The projection implies an increase of roughly 25 times from the price near $8 used when the forecast was prepared. The bank has set an interim target of […]
Meta has deactivated 756,000 Facebook and Instagram accounts suspected of belonging to Australians under the age of 16 as enforcement of the country’s landmark social media restrictions intensifies. The company said 462,000 Instagram accounts and 294,000 Facebook accounts were removed between the period immediately before the rules took effect in December 2025 and June 2026. The figures represent one of the clearest indications yet of the scale […]
Metaplanet has rejected speculation that it sold hundreds of millions of dollars worth of bitcoin, saying a large movement of cryptocurrency detected on-chain was an internal custody transfer and that its holdings remain unchanged at 43,000 BTC. Chief Executive Simon Gerovich said the Tokyo-listed company transferred 5,014 bitcoin between Metaplanet-controlled custodial addresses over a 24-hour period. The cryptocurrency was worth roughly $320 million at prevailing market prices. […]
PHNOM PENH, CAMBODIA – Media OutReach Newswire – 13 August 2026 – Kuehne+Nagel has invested in a new Container Freight Station (CFS) in Phnom Penh, Cambodia. Scheduled for completion in June 2027, the facility will provide more than 20,000 sqm of warehouse space, helping customers manage growing trade volumes and move goods more efficiently within Cambodia and across the region.
Cambodia continues to strengthen its trade infrastructure, with Phnom Penh Autonomous Port handling around 600,000 TEUs and Sihanoukville Autonomous Port approximately 1.3 million TEUs in 2025. Complementing this growth, the new CFS is strategically located near key transport gateways, including both ports, Phnom Penh International Airport and cross-border road links to Thailand and Vietnam, facilitating cargo movements across the country and supporting regional logistics operations.
David Roussiere, Managing Director, Thailand, Cambodia and Myanmar, Kuehne+Nagel, said: “This investment will more than triple our CFS capacity in Cambodia and strengthen our logistics capabilities in the country. With direct access to key transportation gateways and regional trade corridors, the facility will support customers in the consumer good industry as they navigate evolving supply chains and growing trade opportunities across the region.”
Designed for cargo consolidation and handling operations, the new CFS will feature a raised-floor warehouse equipped with loading doors and dock levellers. It will offer a floor loading capacity of five tonnes per square metre and is expected to be certified to ISO 9001, ISO 45001 and ISO 14001 standards.
The facility will also incorporate sustainability features including solar panels, skylight roofing, LED lighting, battery-operated forklifts, water infiltration systems and rainwater management infrastructure.
The investment reflects Kuehne+Nagel’s continued focus on strengthening its logistics infrastructure in high-growth markets and supporting the expansion of regional and international trade.
Hashtag: #Kuehne+Nagel
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With approximately 88,000 employees across over 1,300 sites in close to 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics providers. Headquartered in Switzerland and listed on the Zurich stock exchange, it is the global number one in Air and Sea Logistics and holds strong market positions in Road and Contract Logistics. Supporting around 400,000 customers worldwide, the Group draws on its global network, logistics expertise, and data-driven insights to deliver end-to-end supply chain solutions for global companies and industries.
The UAE’s new restrictions on social media access for children under 15 could reach far beyond conventional social networks, drawing gaming, streaming, education, ecommerce and other digital services into a widening child-safety compliance regime. Cabinet Resolution No. 106 of 2026 sets 15 as the minimum age for maintaining a personal social media account. Children below that threshold cannot create, use or operate covered accounts or access features […]
Arabian Post Staff -Dubai Saudi Arabia has emerged among the world’s 10 leading destinations for private artificial intelligence investment, strengthening its position in a global race to secure capital, computing capacity and specialised talent. The World Development Report 2026, The Promise of Artificial Intelligence, places the Kingdom among a relatively small group of economies attracting substantial private investment into AI. The assessment comes as Riyadh directs more […]
XRP trading on Binance has entered a markedly calmer phase, with its 30-day realised volatility falling to about 0.34, the lowest level in roughly three months, as traders assess whether reduced price swings could set the stage for a larger market move. The decline represents a sharp reversal from June, when the same volatility measure climbed to about 0.53 amid heavier trading activity and wider price fluctuations. […]
SpaceXAI has released Grok 4.6, pushing its flagship artificial intelligence model into the top tier of independent performance rankings and intensifying competition with OpenAI and Anthropic on advanced reasoning, coding and autonomous agent tasks. The model, released on 12 August, scored 61 on the Artificial Analysis Intelligence Index, matching OpenAI’s GPT-5.6 Sol at its highest tested setting. Grok 4.6 improved by five points over Grok 4.5, which […]
Arabian Post Staff -Dubai OpenAI has launched Inference Residency in the UAE, allowing eligible organisations to run artificial intelligence model inference on graphics processing units located within the country while using its enterprise and developer services. The move strengthens local control over sensitive AI workloads as government bodies and regulated industries expand their use of generative AI. The service is available to eligible customers using OpenAI’s API, […]
BALI, INDONESIA – Media OutReach Newswire – 12 August 2026 – For many travelers, exploring local culinary traditions is the trip itself. New Airbnb data highlights the popularity of culinary Experiences across Indonesia, with both domestic and international travelers seeking out food-led activities for a more authentic taste of the culture.
Since its launch, Food & Drink has become Airbnb Experiences’ third-most-popular category in Indonesia, behind only Nature & Outdoors and History & Culture[1]. Bali sits at the heart of this culinary interest, with over 90% of all culinary Experience bookings in Indonesia taking place on the island1.
Guest feedback backs this up. Indonesia’s culinary Experiences carry a 4.94 average rating, with reviewers most often reaching for words like “authentic,” “traditional,” “hands-on,” “local,” and “family”[2].
The appetite extends beyond Experiences, too: searches for Airbnb homes with kitchen amenities in Indonesia are up over 20% year-on-year[3], suggesting that more guests are choosing stays where they can cook together and recreate the local flavours they discover during their trip.
Amanpreet Bajaj, Airbnb’s Country Head for Southeast Asia & India, said, “Today’s travelers are increasingly looking for experiences that help them connect more deeply with the places they visit, and food has become one of the most meaningful ways to do that. Whether it’s shopping at a neighbourhood market, learning a family recipe, or cooking together in an Airbnb, these moments create lasting memories while supporting local communities. Through Airbnb Experiences, we’re proud to help travelers discover Indonesia in a way that feels more personal, immersive, and connected to local culture.“
To spotlight this growing appetite for culinary travel, Airbnb recently hosted a one-off Culture & Culinary Trail luncheon in Bali with renowned chefs Arnold and Reynold Poernomo — a chef-curated dining moment celebrating Bali’s culinary heritage through local ingredients and stories. The luncheon offered a preview of what travelers can already find on Airbnb Experiences: intimate sessions on local food culture, interactive dining sessions, and meals hosted by local chefs in Bali and beyond.
Arnold Poernomo said, “As chefs, we’ve always believed that some of the most memorable travel memories happen around the dining table. Food has a unique way of bringing people together and telling the story of a place through its ingredients, traditions, and the people behind them. By hosting this luncheon with Airbnb, we wanted to celebrate Bali’s rich culinary heritage and inspire travelers to look beyond the plate, to discover the culture, communities, and local stories.“
For Reynold Poernomo, the most memorable travel experiences often begin with discovering the people behind the food.
“For the more adventurous, go to the markets, and you’ll discover some unique produce that you’ll most likely not find in any other part of the world. That’s part of why we love what Airbnb Experiences does – it connects you directly with local hosts who can take you to those markets and show you ingredients you’d never find wandering on your own.”
The Poernomo brothers recommend three Airbnb Experiences worth booking on a Bali trip:
As travelers continue seeking slower, more meaningful ways to explore destinations, Airbnb Experiences inspire visitors to discover a different side of Bali — through the people, ingredients, and stories shared around the table.
Disclaimer: All Experiences referenced are intended purely to inspire and illustrate. Airbnb does not recommend or endorse specific listings on the Airbnb platform.
Hashtag: #Airbnb #AirbnbExperiences #Travel #TravelTrends
https://www.airbnb.com/
https://www.instagram.com/airbnb/
The issuer is solely responsible for the content of this announcement.
About Airbnb
Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5.5 million hosts who have welcomed 2.5 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way. https://news.airbnb.com
For more information, please contact:
Nicolette Koh, Airbnb – nicolette.koh
@ext.airbnb.com
Maverick Indonesia – [email protected]
With a Brand Strength Index (BSI) score of 95.4/100 and an AAA+ rating, Vinpearl has surpassed a host of renowned hospitality names to rank No. 1 globally in hotel brand strength.
The Brand Strength Index (BSI) score reflects a brand’s overall strength, encompassing investment performance, customer and partner consideration, and its ability to generate business value.
The AAA+ rating is the highest level in Brand Finance’s brand strength rating system.
Alongside its No. 1 ranking, Vinpearl’s brand value also recorded a record increase of 86% to US$381 million year on year, enabling the company to enter the Top 50 Most Valuable Hotel Brands in the World for the first time.
Vinpearl’s position in brand strength has been driven by accelerated growth across all areas of its operations.
Specifically, in terms of financial strength, in 2026, VPL shares were included in the VN30 Index. Vinpearl also successfully raised US$255 million from SeaTown Holdings, Oman Investment Authority and Vietnam Oman Investment.
In terms of market development, Vinpearl has continued to expand its global connectivity in 2026, signing strategic cooperation agreements with leading international and regional partners, including Agoda, AirAsia MOVE, BeMyGuest, GlobalTix, Klook, CAITO, Thomas Cook India, SOTC Travel, MakeMyTrip, IHG Hotels & Resorts and Marriott International, among others. These partnerships aim to increase international visitor flows and enhance service quality across Vinpearl’s system.
In terms of products and services, Vinpearl has continued to expand its multi-segment tourism, hospitality and entertainment ecosystem in 2026. Key initiatives include the launch of Vinpearl Legendlux, a six-star ultra-luxury hotel brand; the introduction of VinFun, a new-generation hotel brand designed to cater to a broader range of guests; the development of Vin New Horizon, a wellness and senior living offering; the premiere of the spectacular stage production “The Grand Epic of Vietnam”; and the launch of The Vietnam Grand WeddX 2026, a new-generation platform for exhibitions and industry connections in Vietnam’s wedding sector.
The collective efforts of the entire ecosystem in 2026 have driven Vinpearl’s remarkable rise in rankings, from being the leading hotel brand in Southeast Asia to becoming the strongest hotel brand globally .
Beyond Brand Finance, the strength of the Vinpearl ecosystem has also been continuously recognized by leading global tourism organizations and platforms. In 2026, VinWonders Nha Trang became the only representative from Vietnam to be included in the Top 100 Global Best Family-Friendly Attractions; Vinpearl Resort & Golf Nam Hoi An received the ASEAN Green Hotel Award 2026; while Vinpearl’s hotels and resorts and VinWonders properties have continued to receive recognition from Booking.com, Agoda and Trip.com, among others, through rankings and awards.
Recognition from the world’s leading tourism rating organizations serves as an important source of motivation for Vinpearl to further elevate its ecosystem, bringing destinations and experiences imbued with Vietnamese identity closer to domestic and international travelers. The company is moving toward its goal of becoming a leading global tourism and hospitality brand, while contributing to elevating Vietnam’s position on the world tourism map.
Hashtag: #Vinpearl
The issuer is solely responsible for the content of this announcement.
Brand Finance Plc is the world’s leading brand valuation consultancy, founded in 1996 in London, United Kingdom. It is the only company with a brand valuation methodology that complies with the ISO 10668 international standard for brand valuation, with a presence in more than 20 countries worldwide. Brand Finance reports are used by numerous countries, governments and leading global corporations.
Every year, Brand Finance conducts valuations of more than 70,000 brands worldwide. This marks the 10th year that Vietnam has been included among the countries whose brands are valued by Brand Finance, with Brand Finance Asia-Pacific, headquartered in Singapore, responsible for publishing the rankings.
Established in 2003, Vinpearl is Vietnam’s leading brand in tourism, hospitality, entertainment and experiential travel. After more than two decades of development, Vinpearl currently operates 62 properties across 20 provinces and cities.
Its ecosystem comprises 35 five-star hotels and resorts with more than 17,500 rooms; 15 VinWonders theme parks featuring a diverse range of attractions suitable for guests of all ages; six world-class golf courses; and four international-standard VinPalace convention centers and theaters.
The ecosystem also includes two semi-wildlife animal conservation and care parks and one equestrian academy, among other offerings. Particularly notable are Vinpearl’s impressive and distinctive “million-dollar” live shows, staged at destinations including Nha Trang and Phu Quoc, which attract millions of visitors each year.
July’s US inflation report gave markets precisely for what they were braced. Headline CPI rose 3.4% year-over-year, core CPI came in at 2.5%, both a tenth of a point softer than June, both landing squarely on consensus. Stocks will likely take this as vindication, but I believe that investors should read it more carefully. An in-line print sounds reassuring by definition. It confirms the disinflation trend everyone […]
The yuan has gained about 3.6 per cent against the dollar this year, making it one of Asia’s strongest-performing currencies. The advance has persisted despite falling Chinese government bond yields and a widening yield disadvantage against US Treasuries, conditions that would normally encourage capital to favour the dollar. Strong export receipts and increased conversion of dollar earnings by exporters have instead provided sustained support for the currency.
Pressure intensified after the US and Japan intervened to strengthen the yen at the end of July. The operation marked the first coordinated action by Washington and Tokyo to support the Japanese currency since 1998, following a slide that took the yen to four-decade lows. US authorities had also alerted major banks to be prepared for possible intervention through the Federal Reserve Bank of New York, highlighting Washington’s concern about excessive currency volatility.
The yen subsequently surrendered roughly half of its initial gains, but the intervention had broader consequences across Asian foreign-exchange markets. South Korea’s won, the Singapore dollar and the Taiwan dollar have shown relatively high correlations with yen movements, while several other regional currencies have been less sensitive. The spillover has reinforced a wider trend towards appreciation in currencies exposed to North Asian trade and investment flows.
For Beijing, the stronger yuan presents a complicated policy trade-off. Appreciation reduces the local-currency cost of imported commodities and can provide some insulation against inflation generated by energy prices. It can also create more room for monetary easing because policymakers need to worry less about triggering capital outflows or destabilising depreciation.
The cost is greater pressure on exporters at a time when foreign demand has become an increasingly important support for economic activity. China’s export machine has remained resilient while household consumption, property investment and parts of the private economy have struggled to regain momentum. A rising yuan makes Chinese products more expensive abroad and reduces the value of exporters’ overseas earnings when converted back into local currency.
The People’s Bank of China has appeared increasingly willing to moderate the currency’s advance. Daily yuan reference rates have been set weaker than market expectations at times, signalling a preference for slowing appreciation rather than allowing the currency to rise unchecked. China operates a managed exchange-rate system in which the central bank establishes a daily midpoint and permits the onshore yuan to trade within a defined band around that fixing.
The yuan traded around 6.75 per dollar on Wednesday after strengthening through the 6.80 level earlier this year. Exporters have continued selling dollars when the US currency rises, while central-bank guidance has kept the appreciation gradual. Market forecasts generally point towards further controlled yuan strength rather than a rapid revaluation.
The currency’s resilience highlights an unusual divergence inside China’s economy. Long-term sovereign yields have declined as investors price weak domestic demand and subdued inflation, while the yuan has strengthened because of trade surpluses and exporter dollar conversions. China’s current-account surplus has expanded significantly as manufacturing exports have outpaced imports and domestic spending.
That divergence could influence the timing of the next monetary-policy move. One scenario would see the central bank reducing its benchmark policy rate by 10 basis points to 1.3 per cent before the end of the year, using currency strength as protection against depreciation pressure. Expectations remain divided, however, with many economists anticipating unchanged rates through 2026 as policymakers assess inflation, financial stability and the effectiveness of previous easing measures.
July inflation data strengthened the case for additional support. Consumer-price growth slowed to its weakest pace in six months, while producer-price pressures eased, renewing concerns that deflationary forces could return if domestic demand remains subdued. Higher energy costs had previously reduced expectations for further easing.
Currency policy is also becoming more closely tied to trade tensions. China’s expanding manufacturing surplus has generated demands among trading partners for a stronger yuan, particularly as exports of vehicles, machinery, electronics and clean-energy equipment increase. A materially stronger exchange rate would weaken some of that competitive advantage but could also reduce political pressure surrounding trade imbalances.
Arabian Post Staff -Dubai Space42 and Leonardo DRS have agreed to combine secure satellite communications with advanced military mission systems, opening a new avenue for sovereign defence capabilities and resilient command networks across the UAE. The memorandum of understanding creates a framework for integrating Leonardo DRS’s command, control and intelligence technologies with Space42’s satellite infrastructure and AI-enabled communications. The companies plan to explore jointly designed capabilities supporting […]
Earlier this year, Singaporean drivers crossing into Malaysia began receiving SMSes that appeared to come from a government transport agency, claiming they had outstanding road charges to settle. Those who clicked the link and entered their payment details had their banking credentials stolen — at least 10 victims lost a combined S$24,000. Around the same time, a separate wave of phishing messages impersonating a well-known delivery service tricked victims into making payments for fake parcel notifications, resulting in another S$22,000 in losses.
These are the kinds of everyday scams — a convincing text message, a familiar brand name, a moment of inattention — that Allianz Scam Protect is designed to cover. In the first three months of 2026 alone, more than 7,800 scam cases were reported in Singapore with losses exceeding S$144.4 million. Singapore has now lost more than S$4 billion to scams since 2019.
The name change reflects how Singaporeans actually talk about these incidents. When someone loses money after clicking a phishing link in an SMS, they don’t think of it as a “cyber incident” — they call it what it is: a scam. By renaming the product, Allianz ensures that every Singaporean searching for protection against scams can find it immediately. The coverage hasn’t changed — but the name now speaks the same language as the people it protects.
Allianz Scam Protect covers financial losses from phishing, smishing, stolen payment credentials, and unauthorised transactions (up to S$25,000 for Gold; up to S$60,000 for Platinum), as well as online shopping disputes involving undelivered, damaged, or incorrect items. Existing policyholders will see the updated name at their next renewal — no action is required.
Allianz Scam Protect is available from S$8.91 per month at www.allianz.sg and through Allianz’s network of authorised distribution partners. For enquiries, customers may contact the Allianz Customer Service Team at +65 6222 1919 (Monday to Friday, 9am–5pm, excluding public holidays).
Hashtag: #AllianzInsuranceSingapore
https://www.allianz.sg/
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The issuer is solely responsible for the content of this announcement.
At Allianz Insurance Singapore, we aim to secure the future and create a positive impact on society and the environment by leveraging our expertise in risk management. As we work toward strengthening our position as one of Singapore’s leading risk solutions providers, we deliver innovative and customer‑focused protection solutions for individuals, SMEs, and mid‑corporate clients – spanning Motor, Home Content, Travel, Personal Accident, Cancer, Hospital Income, and a comprehensive suite of commercial insurance offerings.
By K Raveendran Another session of Parliament has closed with an uncomfortable sense of déjà vu. Repeated adjournments, slogan-shouting, demonstrations inside and outside the chambers and legislation moving through amid uproar have again raised the question of whether Parliament is performing the function for which representative democracy created it. The problem is no longer simply […]
The article Parliament Is Losing The Argument To The Smartphone appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Google has opened Google Earth’s flight simulator to users worldwide through the web, bringing a feature that spent almost two decades largely confined to its desktop application directly into the browser. The experimental tool allows people to fly across Google Earth’s satellite imagery and three-dimensional terrain without installing separate software. The simulator is available from the Tools menu after users launch the web version of Google Earth […]
Snowflake and Anthropic are expanding the use of AI agents across corporate workflows as businesses shift from experimental generative AI projects towards systems capable of analysing governed data and carrying out multi-step tasks inside production environments. The collaboration is increasingly centred on Snowflake Cortex Agents, which combine Anthropic’s Claude models with Snowflake’s enterprise data, governance and security infrastructure. The approach allows organisations to build agents that retrieve […]
Installation of SOKOYO‘s split solar street lights for the project being built by Samsung C&T Corp. was completed in July. The arrangement of solar panels was customized at the customer’s request for ease of maintenance.
“SOKOYO provided us with a specially customized solution for our power station,” said Ms. Kathy, senior procurement manager for Samsung. “The entire solar street lighting system consistently met our expectations for brightness, battery life and overall reliability.”
SOKOYO, founded in 2008, has manufactured more than 1 million lighting units installed in a wide range of settings across SoutheastAsia, Africa, the Middle East and Central Asia.
The company manufactures its own LED modules, solar panels, batteries, light housings and light poles. They have third-party certification for European Union and other safety and reliability standards, which qualifies them for export to global markets.
SOKOYO is regularly appointed to bodies that establish national and industry standards.
SOKOYO‘s product line includes all-in-one solar street lights, all-in-two solar street lights and split-type solar street lights. They can be controlled remotely with IoT technology to improve safety and efficiency. Using solar power makes them immune to disruptions in supplies of oil and gas.
As the industry evolves to focus on “system-level R&D,” SOKOYO is reducing customer costs by enhancing reliability and resistance to heat and cold. To improve efficiency, it is developing smart lighting and IoT applications. It is promoting modular production, intelligent manufacturing and standardized process management.
The research team has seven engineers, some with more than two decades of industry experience. They develop technology for a wide range of environments and customer needs.
SOKOYO has experience in markets including Thailand, thePhilippines, Pakistan, Saudi Arabia and Nigeria. It has developed technology to cope with heat, humidity, sandstorms and low light during extended rains, a challenge in central Africa and other areas.
In Uganda, SOKOYO supplied 1,000 light sets to help improve safety on a busy expressway between the capital, Kampala, and the eastern industrial center of Jinja. They provide the first nighttime lighting on a 22-kilometer section of road crowded with trucks, buses and motorcycles.
In Yemen and the United Arab Emirates, SOKOYO lights use LED modules developed to cope with heat, sun and sand.
The company supplied more than 2,000 light units to Saudi Arabia‘s planned high-tech city of NEOM as part of the Saudi 2030 Vision plan.
Customers can use SOKOYO‘s test facilities to try out different light configurations. Lights can be tested on roads of up to four lanes in an1,100-square-meter darkroom. Designers and urban planners can ensure light is distributed effectively, eliminating dark areas on the road and improving safety.
Batteries are tested to confirm they resist crushing, heat and cold, vibration, overcharging or being dropped. LED modules are drenched in salt spray for up to 72 hours to make sure they resist corrosion.
SOKOYO has been chosen for bodies that formulated eight national and industry standards including the “General Technical Specification for Solar Photovoltaic Lighting Devices” in 2025 with definitions and standards for split-type and integrated solar devices.
SOKOYO products have third-party certification that they meet standards of the International Electrotechnical Commission (IEC) and other bodies.Its batteries meet the requirements of the CB scheme under the IEC, recognized in more than 50 countries. Tests confirm they withstand overcharging, high temperature, vibration, impact and short circuit.
The company‘s solar panels received IEC certification that they meet standards for electric shock protection, temperature changes, damp, heat, humidity, hail impact and other factors.
SOKOYO participates in efforts to improve the industry‘s reputation by promoting “zero false labeling” and reliable products that refuse to cut corners.
SOKOYO pays attention to the environment. Its products are designed to minimize light pollution and limit disruption for wildlife, stargazers and the public.
Hashtag: #SOKOYO
The issuer is solely responsible for the content of this announcement.
Rackspace Technology posted modest second-quarter revenue growth as stronger private cloud sales offset weakness in its larger public cloud business, while higher costs and investment in artificial intelligence pushed the company deeper into the red. The San Antonio-based cloud and technology services group generated revenue of $670.1 million for the three months ended June 30, up 0.6% from $666.3 million a year earlier. Private Cloud revenue climbed […]
Multidisciplinary Tertiary Hospital with Comprehensive Surgical Capabilities
As a multidisciplinary tertiary hospital, Thomson offers minimally invasive surgery across a broad range of specialties through laparoscopic, thoracoscopic (VATS), endoscopic, arthroscopic, and microsurgical approaches.
Thomson has also further expanded to its wide range of surgical offerings with two advanced procedures: the Transoral Endoscopic Thyroidectomy Vestibular Approach (TOETVA), a scarless thyroid surgery performed through the mouth that eliminates visible neck incisions, and laparoscopic surgery for endometriosis, a keyhole procedure that enables the diagnosis and treatment of endometriosis through small incisions. Together, these procedures provide patients with more treatment options while supporting faster recovery where clinically appropriate.
Dr Savitha Dharan, Chief Executive Officer of Thomson Hospital Kota Damansara, explains, “Our aim is to provide patients with access to comprehensive, outcome driven surgical care under one roof. By continuously expanding our minimally invasive surgical capabilities, we empower our multidisciplinary teams to tailor the most appropriate treatment for every patient while delivering care that prioritises safety, precision and better patient outcomes.”
Advancing Surgical Care Through Technology
This next-generation integrated surgical energy platform brings multiple surgical energy technologies together on one platform, equipping surgeons with advanced technology that supports greater surgical precision and shorten overall procedure times. By combining tissue dissection and vessel sealing on a single platform, it enables more efficient surgical workflows targeted in reducing operating times, tissue trauma and recovery time where clinically appropriate.
“When investing in technology, Thomson’s main priority is delivering value-based care; we want better patient outcomes, operational efficiency and long-term value for both patients and our clinical team. This platform allows us to do just that – perform precise minimally invasive procedures and help deliver safe, effective care tailored to each patient’s clinical needs,” Dr Savitha expanded further.
Supported by experienced multidisciplinary teams and modern operating theatres, Thomson continues to invest in technologies that enhance surgical capabilities and improve the overall patient journey.
Supporting Sustainable Healthcare
Beyond its clinical benefits, this advanced integrated surgical energy platform aligns with Thomson’s Environmental, Social and Governance (ESG) commitments by reducing equipment redundancy and improving operating theatre efficiency. This enables the hospital to optimise resource utilisation while continuing to deliver high-quality patient care.
The introduction of the advanced integrated surgical energy platform marks another milestone in Thomson’s ongoing investment in advanced medical technologies, reinforcing its position as one of Malaysia’s leading private hospitals committed to innovation, clinical excellence and patient-centred care.
KKLIU 3218 / EXP 31.12.2028
Hashtag: #ThomsonHospital
The issuer is solely responsible for the content of this announcement.
Thomson Hospital Kota Damansara (“Thomson”), the flagship hospital of TMC Life Sciences Berhad, is a multi-disciplinary tertiary care centre strategically located in the prime alcove of Kota Damansara, Selangor, established in 2008. Thomson holds a capacity for 554-beds including 25 critical care beds, and houses more than 160 consultant specialists across over 60 specialties and sub-specialties.
An award-winning institution, Thomson’s regional accolades include recognition by Newsweek and Statista as one of Asia’s Top Private Hospitals and Clinics 2026, awarded the Specialist Hospital of the Year, and Specialty Hospital of the Year – Malaysia in 2024 for paediatric services and in 2025 for pulmonology services.
Guided by its vision to be the “Premier Provider of Outstanding Value-Based Medical Services in Southeast Asia”, Thomson remains committed to clinical excellence and is poised for continued growth to meet evolving healthcare needs.
For more information, please visit thomsonhospitals.com or follow THKD on social media platforms @thomsonhospitalKD.
Resilience must be central to data center operations
The sector’s biggest constraints are increasingly physical rather than financial. Competitive advantage is increasingly determined by access to electricity, grid connections, permitting, specialized equipment and skilled labor. In the US alone, the construction industry faces a shortage of around 439,000 skilled workers, while an estimated 349,000 additional workers may be needed in 2026. Climate resilience is increasingly a strategic consideration rather than an operational afterthought. Around 79% of global data center capacity is already located in areas exposed to heightened natural catastrophe risk, while 54% is exposed to chronic heat and drought stress. Some of the fastest-growing AI infrastructure markets are also among the most climate-exposed, including Northern Virginia, US, Johor in Malaysia, and Marseille, France. Acute flood, wildfire and wind exposure is highest in the Americas, affecting 86% of capacity, while chronic heat and drought stress is greatest in Asia Pacific, where 89% of capacity is exposed.
Global data center insurance market will more than double by 2030
Insurance is evolving alongside the sector. As data centers assume a more critical role in infrastructure, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects. Construction costs for a single AI campus can exceed US$20bn, with insured values rising substantially once high-performance computing equipment is installed. The global data center insurance market is projected to grow from around US$11bn today to more than US$24bn by 2030, reflecting rapid capacity expansion, rising insured values and increasing operational complexity. Demand is expected to extend beyond traditional property cover towards integrated solutions spanning construction, engineering, property, business interruption, cyber and liability, while also creating new opportunities in areas such as energy resilience, operational continuity, and technology risk.
Risk and claims trends: fire drives severity; water damage frequency
Allianz Commercial analysis of insurance industry data center-related claims shows that fire is the leading driver of loss severity, accounting for well over 50% of around €700mn (US$800mn) worth of losses. Natural catastrophe activity ranks second, followed by willful acts, which include crime and cyber incidents, followed by power failure. Water damage is the most frequent cause of data center claims, followed by willful acts, fire, and equipment breakdown. Business interruption is the primary driver of claims severity by line of insurance, highlighting the significant financial impact of operational downtime.
The data center risk profile is changing as facilities become larger, more complex, and more increasingly interdependent. Hyperscale and colocation of campuses can bring together multiple tenants, construction works, servers, supporting utilities and on-site infrastructure in one physical or operational space. A single event can therefore trigger claims across property, construction, business interruption, liability, cyber, and financial lines. Real-life claims case studies show that in hyperscale facilities, damage to external cooling systems, hot works-related fire damage, and a delay in start-up caused by power disturbances have each resulted in losses in the US$50mn to US$100mn range.
“For insurers, the key question is not only the value of the building, but the concentration of value and dependency inside and around it. Power, cooling, batteries, fiber routes, testing and commissioning, and business continuity planning are all part of the same risk picture. Effective risk mitigation must begin early and continue throughout the data center lifecycle. Resilience must be designed in from the earliest planning stage,” explains Christian Kolbe, Global Head of Construction Claims at Allianz Commercial.
Clarity between policies essential to avoid ambiguity
Data center projects encompass different project phases with several stakeholders and interests involved, which can create complications. During the construction phase, stakeholders include the owner, developer, contractor, and subcontractors, whereas in the operational phase, the stakeholders include the owner-operator, and potentially multiple tenants or end users. For example, different policies could respond to a hot works-related fire resulting in damage to a data center nearing completion, and this would impact different stakeholders.
“Clarity is critical with an insurance claim,” says Charlotte Field, Regional Head of Short-tail Claims, Asia, at Allianz Commercial. “Clearly documented handovers are essential between your construction all-risk policy and operational policy. There must be no ambiguity about practical completion, in order to avoid disputes over which policy responds to a particular event and the extent of cover.”
Hashtag: #AllianzCommercial
https://commercial.allianz.com/https://www.linkedin.com/company/allianz-commercial/
The issuer is solely responsible for the content of this announcement.
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally. https://commercial.allianz.com/
