Arabian Post Staff -Dubai Abu Dhabi has gained a new artificial intelligence venture aimed at removing one of the most persistent barriers facing deaf and hard-of-hearing people: the absence of instant, affordable sign-language interpretation in everyday public services. New York University Abu Dhabi has launched ChatSign, a commercial AI spin-out developed from research at its Embodied AI and Robotics Lab. The system translates spoken Arabic and English […]
BANGKOK, THAILAND – Media OutReach Newswire – 25 May 2026 – ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, and luxury residences, has announced a significant international partnership through the signing of a joint venture agreement with JR Kyushu Business Development (Thailand) Co. Ltd. (a group company of Kyushu Railway Company), one of Japan’s foremost corporations listed on Tokyo Stock Exchange. The collaboration will see the development of Shama North Pattaya, further advancing ONYX’s portfolio by leveraging Shama’s expertise to capitalize on short- and extended-stay demand, while reinforcing confidence in the growth potential of Thailand’s Eastern Economic Corridor (EEC).
Left: Mr. Yuthachai Charanachitta Right: Mr. Toshihiro Mori
This latest agreement marks a continuation of the strategic partnership between the two organizations, building upon the success of Shama Lakeview Asoke, which ONYX manages on behalf of JR Kyushu Group. The property has earned recognition as one of the leading serviced apartments in Bangkok’s central business district, reflecting the Japanese partner’s strong confidence in ONYX’s management capabilities and in-depth market expertise.
The development of Shama North Pattaya therefore represents not only an expansion into a high-potential location, but also a reaffirmation of ONYX’s disciplined growth strategy. By collaborating with globally respected partners, the group continues to strengthen its footprint in the EEC.
Mr. Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, stated that this joint venture with JR Kyushu Group reflects the company’s long-standing commitment to growing alongside its partners. It also marks ONYX’s second joint venture with an international partner under its strategic expansion plan, underscoring continued investor confidence in the company’s capabilities, as well as its ongoing pursuit of investment opportunities and strategic collaborations with high-potential partners.
“For ONYX Hospitality Group, growth is not defined merely by the number of projects we develop, but by the strength of the partnerships we cultivate. Our joint venture with JR Kyushu Group reflects a shared vision and a commitment to creating long-term value together.
The Shama brand has grown from a deep understanding of the long-stay market, which we have consistently studied and monitored over the years. We see clear future potential in this segment. Each Shama development is founded on comprehensive insights into resident needs and expectations, placing emphasis on the core of the living experience — comfort, flexibility and a genuine sense of home — all delivered to international standards.
Shama North Pattaya represents another important strategic property in strengthening and completing ONYX Hospitality Group’s presence in Pattaya, a high-potential destination within the EEC, alongside our key brands Amari and OZO, helping to create a more integrated and cohesive hospitality cluster in the area.”
Yuthachai added, “Shama North Pattaya reflects ONYX’s commitment to strengthening Thailand’s position as a leading destination for long-term residents while supporting the sustainable growth of the residential hospitality sector.”
Mr. Toshihiro Mori, Representative Director and Senior Managing Executive Officer of Kyushu Railway Company stated that this joint venture marks an important next step in JR Kyushu Group’s continued partnership with ONYX Hospitality Group in Thailand, building on the success of Shama Lakeview Asoke.
“Following our successful collaboration on Shama Lakeview Asoke Bangkok, we are pleased to deepen our partnership with ONYX Hospitality Group through Shama North Pattaya. We see strong potential in Pattaya as a leading resort destination within the EEC, and we have full confidence in ONYX’s hospitality expertise to deliver an exceptional property that meets the evolving needs of both Thai and international guests. We look forward to creating lasting value together.”
Strategically located in North Pattaya, a key tourism and economic hub within the EEC, Shama North Pattaya is designed to blend the comfort and convenience of serviced apartments with the refined services of a leading hotel brand. The project aims to cater to the steadily expanding long-stay segment, which is projected to continue its upward trajectory in 2026 and beyond.
The partnership between ONYX Hospitality Group and JR Kyushu Group not only highlights the complementary strengths of both organisations, but also serves as a strong indicator of Japanese investor confidence in Thailand’s economic stability and long-term prospects. At the same time, it signals the readiness of Thai hospitality brands to compete and grow alongside global partners in a sustainable and forward-looking manner.
Hashtag: #ONYXHospitalityGroup
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group
ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
Kyushu Railway Company (JR Kyushu), headquartered in Fukuoka, Japan, and listed on the Prime Market of the Tokyo Stock Exchange, is a diversified group operating across Transportation, Real Estate and Hotels, Retail and Restaurants, Construction, and Business Services. Building on more than three decades of experience since its establishment in 1987, JR Kyushu has expanded beyond its core railway operations into a wide range of community-based and lifestyle businesses. In Thailand, JR Kyushu Business Development (Thailand) Co., Ltd. serves as the group’s investment platform for hospitality and real estate, building on the success of Shama Lakeview Asoke Bangkok and continuing to pursue long-term growth opportunities in the region.
BANGKOK, THAILAND – Media OutReach Newswire – 25 May 2026 – Thai retail investors are increasingly changing the way they manage their portfolios amid rising volatility across global financial markets. According to new market insights fromBrokersThai.com, traders in Thailand are no longer focusing on a single asset class, but are instead actively researching both gold and Bitcoin as part of a broader diversification strategy.
Recent Google search trends in Thailand show continued growth in interest for both asset classes. Gold trading-related searches such as “XAUUSD today” have consistently generated between 1,000 and 10,000 monthly searches over the past year, while cryptocurrency-related keywords including “crypto” have maintained similarly strong search volumes.
The trend is also reflected in internal traffic data from BrokersThai.com. Pages related to Forex brokers for gold trading generated more than 5,000 impressions over the last year, highlighting continued interest from Thai traders seeking reliable broker comparisons and trading cost information.
The data also reveals that cryptocurrencies like Bitcoin are no longer seen as just tools for quick gambling. Instead, users search for risk management, such as how to handle price drops and volatility, spike every time the stock market experiences volatility. This proves that traders are carefully weighing crypto risks against the steady safety of gold.
Justin Grossbard, CEO of BrokersThai.com, commented: “Thai traders are now interested in trading multiple assets, especially gold and Bitcoin, while paying more attention to trading costs and broker transparency. Many traders are carefully comparing spreads and execution speeds to reduce unnecessary trading costs as much as possible.”
The findings indicate that Thai retail traders are adapting to uncertain market conditions by conducting deeper research before making investment decisions. Rather than choosing between gold or Bitcoin, many traders are now using both together — relying on gold to help preserve capital while viewing Bitcoin as a long-term growth opportunity.
European Parliament scrutiny of the Stop Destroying Videogames initiative was diverted by Slovak MEP Milan Uhrík after he used a debate on digital ownership and game preservation to attack what he described as “woke ideology” in the games industry. The initiative, widely known through the Stop Killing Games campaign, asks the European Commission to require publishers selling or licensing videogames in the European Union to leave them […]
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Arabian Post Staff -Dubai Sharjah has waived truck toll gate fees for cargo vehicles arriving from Oman and operating along approved logistics corridor routes, in a move aimed at cutting freight costs, easing cross-border movement and strengthening the emirate’s role in regional supply chains. The measure applies to cargo trucks entering through the Khatmat Malaha and Al Madam border crossings, provided shipments meet the initiative’s conditions and […]
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Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock renewable energy project, strengthening the supply chain behind one of the world’s most ambitious attempts to make solar power available as firm baseload electricity. The agreement covers 7.5 gigawatt-hours of Sungrow’s PowerTitan 3.0 battery energy storage systems and 2.6 gigawatts of PV inverter solutions. The equipment […]
Huawei has deepened its Saudi Arabia cloud strategy through a distribution partnership with Gulf Applications, widening enterprise access to cloud infrastructure, artificial intelligence tools and disaster recovery services as the kingdom pushes ahead with its Vision 2030 digital agenda. The agreement appoints GAPP as Huawei Cloud’s official cloud solutions distributor in Saudi Arabia, placing the company at the centre of Huawei’s channel expansion in one of the […]
Tourists arriving in the UAE can now open a digital bank account within minutes under a new Tourist Identity system linking immigration records, biometric verification and mobile banking. The initiative, launched by the Central Bank of the UAE, the Federal Authority for Identity, Citizenship, Customs and Port Security and Abu Dhabi Commercial Bank, gives non-resident visitors a verified digital identity after arrival. That identity can be used […]
British Columbia fusion developer General Fusion is weighing a Toronto Stock Exchange listing alongside its planned Nasdaq debut, a move that would give Canadian investors a direct public-market route into one of the most closely watched private energy technologies. Vancouver-headquartered General Fusion, backed over the years by investors linked to Jeff Bezos and Shopify founder Tobias Lütke, is preparing to go public through a business combination with […]
Cornell engineers have built a robotic collective that moves, reshapes and adapts without a central controller, marking a fresh advance in efforts to design machines whose behaviour emerges from physical interaction rather than software commands alone. Called the Cross-Link Collective, the system uses dozens of small robotic modules that are weak and inefficient on their own but capable of sustained group motion when they connect, disconnect and […]
Texas has sued Meta Platforms and WhatsApp, accusing the messaging service of misleading users over the strength of its encryption and privacy protections, opening a fresh legal front in the global debate over encrypted communications, consumer rights and platform accountability. The lawsuit, filed in Harrison County, alleges that WhatsApp has assured users their messages are protected by end-to-end encryption while Meta and WhatsApp retain access to “virtually […]
Arabian Post Staff -Dubai Dubai’s ports and customs authorities have opened fresh discussions with Kuwait to strengthen maritime transport, customs cooperation and trade flows, as Gulf economies push for more resilient supply chains amid shifting regional trade conditions. Abdulla bin Damithan, Chairman of the Ports, Customs and Free Zone Corporation in Dubai, met Khaled Abdulrahim Al Zaabi, Consul-General of Kuwait in Dubai and the Northern Emirates, at […]
Hosting providers using LiteSpeed’s user-end cPanel plugin are confronting an actively exploited privilege-escalation flaw that can allow any authenticated cPanel account to run scripts as root and take control of affected Linux servers. The vulnerability, tracked as CVE-2026-48172, has been rated at the maximum severity level by security trackers and affects LiteSpeed cPanel user-end plugin versions from 2.3 through 2.4.4. LiteSpeed patched the initial flaw in version […]
Bitcoin’s long-term security debate has sharpened after Glassnode mapped more than 6 million coins whose public keys have already been exposed on-chain, placing assets worth about $469 billion under theoretical risk from future quantum computers. Glassnode’s analysis estimates that 6.04 million Bitcoin, or 30.2 per cent of issued supply, sit in formats or usage patterns that could become vulnerable if quantum machines become powerful enough to derive […]
By K Raveendran Cockroach Janta Party may have begun as satire, but its popularity has exposed something far more serious than a passing joke on the internet. The response it has drawn from government functionaries suggests that the ruling establishment is less disturbed by the humour itself than by the possibility that the satire has […]
State-run fuel retailers raised petrol and diesel prices on Saturday for the third time in eight days, extending a phased pass-through of higher crude costs to consumers after nearly four years of broadly frozen pump rates.
Petrol in New Delhi rose by 87 paise to ₹99.51 a litre, while diesel increased by 91 paise to ₹92.49 a litre. The latest increase takes the cumulative rise in both fuels to about ₹5 a litre this month, following the first retail fuel price increase since April 2022.
The pricing move reflects mounting pressure on oil marketing companies as international crude benchmarks remain elevated amid conflict in West Asia and supply concerns around key shipping routes. The controlled increases also point to a calibrated approach by the government, which is seeking to protect refiners’ balance sheets without delivering a sharp one-time shock to household budgets, freight operators and small businesses.
Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation dominate the retail fuel market, operating more than 90 per cent of the country’s roughly 103,000 fuel stations. Their pricing decisions carry wide implications for transport costs, food supply chains, inflation expectations and fiscal calculations.
The latest revision follows a ₹3-a-litre increase on May 15 and another smaller increase during the week, marking a clear shift from the long freeze that had shielded consumers from global volatility while pushing losses onto state-run refiners. That freeze had become harder to sustain as crude prices climbed and the rupee’s movement added to import costs.
The country imports more than four-fifths of its crude oil requirements, leaving domestic retail prices exposed to global oil markets and exchange-rate swings. Refiners have been selling petrol and diesel at discounted rates relative to landed costs, with diesel under-recoveries remaining larger because of its central role in freight, agriculture, public transport and industry.
Losses on diesel sales have been estimated at ₹25-30 a litre even after the first hike, while petrol losses have been placed at about ₹10-14 a litre. The fresh increase narrows that gap only modestly, suggesting further upward revisions could follow if crude prices stay high or the currency weakens.
Diesel is the more sensitive fuel for the broader economy. It powers trucks, buses, farm equipment, construction machinery and a large part of the country’s goods movement. Even modest increases can feed into freight rates, especially for smaller fleet operators with limited capacity to absorb higher running costs.
Petrol demand has also stayed firm, supported by urban commuting, two-wheeler use and private vehicle ownership. April consumption data showed petrol sales at about 3.7 million tonnes, up more than 6 per cent from a year earlier, while gasoil sales stood near 8.3 million tonnes, marginally higher than last year. The numbers indicate that demand has not weakened sharply despite higher living costs.
Bulk fuel demand has added another layer of pressure. Large users such as transport operators, mining companies and industrial consumers often respond quickly to price differences between retail outlets and direct industrial supply. A spike in retail buying can worsen supply imbalances and deepen losses for refiners if pump prices remain below market-linked levels.
The government has so far signalled little appetite for direct subsidies to compensate refiners for continuing under-recoveries. That stance increases the likelihood of gradual price adjustments, particularly if global crude remains above levels assumed in company projections. A sudden subsidy programme would also complicate fiscal planning at a time when public spending priorities remain stretched across infrastructure, welfare and defence.
State-level taxes mean consumers across major cities will see different pump prices even when the base increase is broadly similar. Mumbai, Kolkata, Chennai, Bengaluru and Hyderabad typically record higher retail rates than New Delhi because of local levies, dealer commissions and freight costs. That variation also affects inflation differently across regions.
Compressed natural gas prices have moved higher as well, with Delhi seeing another ₹1-per-kg increase, the third rise in ten days. The parallel increase in CNG adds pressure on taxis, autorickshaws and urban commuters who had shifted to gas-based transport as a cheaper alternative to petrol and diesel.
For oil marketing companies, the price increases may support margins but are unlikely to restore full profitability immediately. Investor attention is now focused on how quickly the companies can recover past losses, whether demand holds up, and whether policymakers allow market-linked pricing to continue if inflationary pressure grows.
Arabian Post Staff -Dubai Dubai has frozen private school fees for the 2026-27 academic year, giving families relief from education cost pressures as the emirate moves to balance household affordability with the stability of a fast-growing private education sector. Knowledge and Human Development Authority confirmed that schools under its regulation will not be permitted to raise tuition fees in the next academic year. The decision follows directives […]
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Chun Wang, co-founder of the Bitcoin mining pool F2Pool and commander of SpaceX’s Fram2 private astronaut flight, has been named for Starship’s first interplanetary human spaceflight mission, a planned Mars fly-by that places a cryptocurrency entrepreneur at the centre of one of the most ambitious commercial space ventures yet announced. The mission is designed as a two-year journey beyond the Earth-Moon system, flying past Mars before returning […]
Grayscale Investments has moved a step closer to launching a spot exchange-traded fund tied to Hyperliquid’s HYPE token after submitting a third amended S-1 registration statement to the US Securities and Exchange Commission, sharpening market expectations that regulated access to one of the fastest-growing decentralised trading ecosystems may be nearing approval. The proposed Grayscale HYPE ETF would trade on Nasdaq under the ticker GHYP if cleared by […]
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