Morgan Stanley has moved to shake up the crowded US spot bitcoin exchange-traded fund market by proposing a fee of 14 basis points for its planned Morgan Stanley Bitcoin Trust, a level that would make it the cheapest fund in the segment if regulators clear the product for launch. The filing marks a sharper price challenge than many on Wall Street expected from a late entrant and […]
London Internet Exchange has completed a broad upgrade of its 17-site LON2 network in the capital, handing Nokia a deeper role in one of the UK’s most important interconnection systems at a time when traffic growth, AI-led workloads and the retirement of older equipment are forcing operators to rethink how core internet infrastructure is built and scaled. The overhaul covers LINX’s secondary London interconnection fabric, known as […]
Bitcoin slid to a two-week low on Friday, dropping below $67,000 as a wave of forced liquidations swept through crypto derivatives markets and a broader retreat from risk assets gathered pace. Ether also moved down towards the $2,000 mark, underscoring how quickly sentiment has turned as traders confront weaker equities, elevated oil prices and fading conviction in leveraged bets. The pullback reflected more than a routine bout […]
Zomato has opened a free three-month District Gold offer for users in the UAE, waiving the usual Dh29 quarterly fee as it tries to deepen its foothold in the country’s dining and entertainment market through its District platform. The campaign gives users instant access to premium membership benefits tied to restaurant, events and leisure offers on the app. The promotion marks a sharper consumer push by the […]
Gulf tensions are sharpening the risks for African health systems already reliant on imported medicines, as disrupted shipping routes, higher freight bills and delayed emergency supplies expose how vulnerable the continent remains to external shocks while governments push to expand local drug production. The strain has moved beyond theory. Aid officials said this week that cholera supplies for countries including Chad and South Sudan were being […]
African Development Bank Group is set to launch the 2026 edition of its Africa’s Macroeconomic Performance and Outlook report on 30 March at its headquarters in Abidjan, Côte d’Ivoire, placing the continent’s growth prospects, debt strains and inflation risks under fresh scrutiny at a time of heightened global uncertainty. The event is expected to draw policymakers, investors and development specialists looking for updated guidance on how African […]
Singapore-linked professional bodies and trade groups have opened a Professional Services Centre in Nanjing, pitching it as a gateway for Chinese companies seeking to expand into Southeast Asia and for Singapore firms looking to deepen their footprint in China. The launch took place on March 27 at a forum in Nanjing and marks the alliance’s second centre in China and third globally, according to the announcement distributed by the organisers.
The centre has been set up under an alliance led by the Institute of Singapore Chartered Accountants and supported by the Association of Small & Medium Enterprises, Institute of Valuers & Appraisers, Singapore Business Federation, Singapore Chinese Chamber of Commerce & Industry, Singapore Manufacturing Federation, Tax Academy of Singapore and the Law Society of Singapore. Organisers said the Nanjing base is intended to provide companies with legal, tax, accounting, valuation, advisory and market-entry support as they navigate cross-border expansion. The move comes as commercial links between China and ASEAN continue to broaden and as businesses face a more complex regulatory and geopolitical environment when operating across jurisdictions.
Nanjing was presented as a deliberate choice rather than a symbolic one. The alliance said the city offers strong university linkages, talent pools and institutional support, while the Singapore-Nanjing Eco Hi-tech Island provides an established platform for bilateral cooperation. That project is jointly backed by authorities in Jiangsu and Nanjing as well as Singapore’s Ministry of Trade and Industry, giving the new centre an anchor in a corridor that already carries a Singapore brand in east China.
Officials used the launch to underline the commercial logic. Nanjing Vice Mayor Xu Feng said enterprises expanding overseas depend on professional services support and described Singapore as a global hub with complementary strengths. Ernie Koh, a council member at Singapore Business Federation and vice-chairman of the research and publications committee at Singapore Chinese Chamber of Commerce & Industry, said the platform could help enterprises build capabilities and unlock opportunities across Southeast Asia. Darren Ku, a council member at ASME, said smaller companies in particular need a more coordinated route into foreign markets, from compliance to market-entry strategy. Daniel Koh, vice-president of the Law Society of Singapore, framed the legal dimension as equally important, arguing that cross-border growth now demands stronger risk management and regulatory advice.
The alliance is presenting the centre as more than a ceremonial office. It says its centres in China and Vietnam have already supported more than 100 businesses, and cited BIPO, the human resources technology group, as one example of a company that used the ecosystem to establish operations and build local teams in Nanjing. Those claims could not be independently verified from public disclosures in full, but they fit the broader trend of service providers bundling market access, compliance and talent support for companies trying to expand across Asia without building every capability in-house.
That broader trend matters. Enterprise Singapore continues to position China as a major destination for outward expansion, pointing to its scale, consumer market and innovation ecosystem, while also offering grants and overseas market assistance to firms venturing abroad. At the same time, ASEAN’s own data show the region’s trade in goods rose to about $3.8 trillion in 2024, and ASEAN says two-way merchandise trade with China reached $772.4 billion that year, accounting for roughly a fifth of ASEAN’s total trade. Chinese media and official commentary have since pointed to China-ASEAN trade crossing the $1 trillion mark in 2025, underscoring why service platforms that specialise in cross-border operations are multiplying.
Commercial opportunity, however, does not remove the risks. China is trying to reassure foreign investors after weaker inbound investment figures, while international companies remain alert to policy shifts, compliance burdens, data rules and geopolitical tensions. Reuters reported this month that Beijing has been signalling a more open stance to foreign business even as it works to reverse a decline in foreign direct investment. For Chinese firms heading south, Southeast Asia offers growth, manufacturing diversification and access to younger consumer markets, but it also presents a patchwork of tax regimes, legal systems and political risks that can complicate expansion plans. That is precisely the gap the Nanjing centre says it wants to fill.
The launch also reflects a wider Singapore strategy of exporting professional and business services alongside capital and trade links. Earlier alliance messaging around the Shanghai centre described a “hunt in a pack” model in which multiple associations expand together so companies can tap a bundled network rather than isolated advisers. That approach appears to be carrying over into Nanjing, with the added emphasis on helping Chinese enterprises invest in Singapore and across ASEAN, not only on helping Singapore firms move into China.
Safe-haven demand pushed the US dollar towards its strongest monthly advance since July, as investors sought liquidity and relative shelter from a widening Middle East energy shock while also scaling back expectations for Federal Reserve easing this year. The dollar index was trading near 100.17 on March 27 and was up about 2.6 per cent for the month, a move that outpaced most major peers. Currency […]
Arabian Post Staff -Dubai Mezza, a new hospitality platform in the UAE, has launched with a model aimed at giving restaurants upfront capital in exchange for future food and beverage credit, offering operators an alternative to bank debt or equity fundraising while also promising a pipeline of diners over time. The company says partner venues can access between AED 20,000 and AED 10 million, with the credit […]
Arabian Post Staff -Dubai Omniyat has moved to reassure investors that it has enough liquidity to meet its debt obligations after the Dubai ultra-luxury developer was placed on watch for a possible downgrade, arguing that its cash position and funding profile leave it well equipped to handle maturities without depending on a fresh burst of property sales or a quick return to calmer markets. The company said […]
Mubadala Energy has secured the Southwest Andaman exploration Production Sharing Contract in Indonesia, giving the Abu Dhabi-based company full control of a new offshore block that strengthens its growing position in one of Southeast Asia’s most closely watched gas frontiers. The contract was awarded under Indonesia’s Gross Split regime, under which the contractor bears all operating and capital costs, and the company will hold a 100 per […]
Arabian Post Staff -Dubai US and Israeli strikes on Iranian nuclear-linked and industrial sites on Friday widened the Middle East war and triggered a fresh market sell-off, as Tehran answered with attacks across the Gulf and on regional targets, stoking fears that a longer conflict could deepen the hit to growth, trade and energy supplies. Oil climbed sharply, Wall Street fell again and investors moved into traditional […]
Arabian Post Staff -Dubai Abu Dhabi Commercial Bank has secured regulatory approval to establish a wholly owned subsidiary in Kazakhstan, opening the way for one of the UAE’s biggest lenders to deepen its footprint in Central Asia and broaden access to conventional and Islamic banking services in one of the region’s most closely watched financial markets. The approval was granted by Kazakhstan’s Agency for Regulation and Development […]
A ransomware group linked to Tehran has reappeared with upgraded capabilities, raising concern among cybersecurity researchers who say the threat actor is deploying more sophisticated techniques to evade detection and disrupt organisations across multiple sectors. Security analysts tracking the group known as Pay2Key report that its latest campaigns show marked improvements in execution methods, stealth mechanisms and anti-forensics tactics. The group, which gained attention during earlier waves […]
Arabian Post Staff -Dubai Saeed bin Suroor heads into the Dubai World Cup meeting with a chance to extend one of racing’s most enduring records, as the Godolphin trainer prepares Dubai Future for a prominent bid in the Dubai Gold Cup on Saturday. The veteran handler, long associated with Godolphin’s rise on the global stage, is aiming to push his tally at the meeting to a new […]
The meeting highlighted the role of LuLu Group International, which operates more than 280 hypermarkets across the Gulf Cooperation Council, in maintaining steady flows of essential commodities including rice, wheat, pulses, fruits and vegetables. Officials familiar with the interaction indicated that the discussion centred on logistics efficiency, pricing stability and the need to safeguard uninterrupted shipments during periods of geopolitical and climate-related uncertainty.
Yusuff Ali is understood to have outlined how the group has expanded sourcing networks and strengthened warehousing capacity to manage demand across markets such as United Arab Emirates, Saudi Arabia, Qatar, Oman and Kuwait. These countries rely significantly on imports to meet domestic consumption needs, making supply chain continuity a strategic concern for both governments and private sector operators.
India remains a major exporter of food products to the Gulf, with staples such as basmati and non-basmati rice forming a substantial share of shipments. Fresh produce, seafood and processed foods have also seen sustained demand as expatriate populations grow and consumption patterns diversify. Trade data over the past year has shown that food exports to GCC markets have held steady despite fluctuations in global commodity prices and shipping costs.
The discussion comes against a backdrop of tighter export controls imposed at various points to stabilise domestic food prices. Authorities have intermittently restricted shipments of certain grains, including rice varieties, prompting concerns among importing nations about supply reliability. Industry participants say large retailers with integrated supply chains, such as LuLu, have been better positioned to absorb shocks by diversifying sourcing and building buffer stocks.
Government officials have emphasised that export policies are calibrated to balance domestic needs with international commitments. During the interaction, Modi is said to have reiterated the importance of maintaining India’s reputation as a dependable supplier while ensuring affordability within the domestic market. The approach reflects a broader strategy of using trade diplomacy to reinforce economic ties with key regions.
LuLu Group’s operations have evolved beyond retail into food processing, logistics and distribution, enabling it to play a pivotal role in linking producers in India with consumers across the Gulf. The company sources directly from farms and cooperatives, reducing intermediaries and allowing for more competitive pricing. This model has gained traction as governments encourage greater efficiency in food supply chains.
Analysts note that Gulf countries have been investing in food security initiatives, including overseas farmland acquisitions, strategic reserves and partnerships with large distributors. Retailers such as LuLu have become central to these efforts, providing the infrastructure needed to manage large-scale imports and ensure consistent availability at the consumer level.
Yusuff Ali has previously highlighted the importance of long-term partnerships between exporters and retailers in stabilising supply. The group has expanded procurement centres across multiple states, enabling it to source a wide range of products while maintaining quality standards required by Gulf markets. Investments in cold chain logistics have also helped reduce wastage and improve delivery timelines.
The meeting also touched on opportunities to enhance bilateral trade flows through digitalisation and improved port connectivity. Industry experts argue that reducing transit times and streamlining customs procedures could further strengthen supply chains, particularly for perishable goods. With global shipping routes facing periodic disruptions, efficiency gains at origin and destination ports have become increasingly critical.
India’s engagement with the GCC has deepened across sectors, with food trade forming a key pillar of economic cooperation. The region accounts for a significant share of India’s agricultural exports, while remittances and energy imports reinforce the interdependence between the two sides. Strengthening food supply mechanisms is seen as part of a broader effort to secure mutual economic interests.
Arabian Post Staff -Dubai Prices for one of Rolex’s most recognisable sports models have climbed sharply on the secondary market, as collectors position themselves ahead of a major annual watch industry showcase that often sets the tone for production shifts and new releases. The stainless steel Rolex GMT-Master II with its distinctive red-and-blue “Pepsi” bezel has seen renewed demand among traders and enthusiasts, with resale values edging […]
Artificial intelligence is emerging as the defining battleground in global cybersecurity, with defenders racing to counter increasingly sophisticated threats as cyber criminals adopt the same technologies to scale and sharpen their attacks. A report by PwC highlights how malicious actors are integrating AI into core operations, enabling even relatively inexperienced hackers to launch complex campaigns that once required advanced technical expertise. The shift is altering the threat […]
Arabian Post Staff -Dubai Mubadala Investment Company has agreed to sell its minority stake in liquid cooling specialist CoolIT Systems to Ecolab, in a transaction led by private equity firm KKR and valued at $4.75bn, marking a significant reshaping of ownership in a sector gaining momentum alongside artificial intelligence and data centre expansion. The Abu Dhabi sovereign investor confirmed that it had signed a definitive agreement, signalling […]
Quebec’s National Assembly has unanimously demanded the resignation of Air Canada chief executive Michael Rousseau, intensifying political pressure after his failure to speak French in a public message addressing a fatal aviation incident linked to LaGuardia Airport. The 92–0 vote, adopted across party lines, marks a rare show of unity in Quebec politics and underscores the sensitivity of language rights in the province. Lawmakers argued that the […]
HONG KONG SAR – Media OutReach Newswire – 26 March 2026 – WRISE Group (“WRISE“), one of Asia’s fastest-growing independent wealth management firm, announced that WRISE Prestige, has established a strategic partnership with China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)“), one of the region’s most established asset managers. Through this collaboration, WRISE Prestige will serve as the first launch partner in Hong Kong with a period of exclusive access to the ChinaAMC Select Asia Bond Fund (INC share class), offering clients a compelling fixed income solution designed for yield and diversification. To mark the partnership and the launch of the exclusive share class, WRISE Prestige and ChinaAMC (HK) co-hosted an event yesterday to formally announce the collaboration and introduce the investment strategy behind the ChinaAMC Select Asia Bond Fund to invited guests and clients.
The ChinaAMC Select Asia Bond Fund adopts a flexible, benchmark-unconstrained investment approach, allowing the fund manager to capitalise on opportunities across Asian credit markets dynamically. By focusing on fundamentally sound issuers, with a particular emphasis on China and the broader Asian region, the Fund seeks to deliver attractive risk-adjusted returns. Its strong historical track record underscoring the robustness of its investment process.
Recent geopolitical tensions have triggered significant volatility across global financial markets, making diversified, income-oriented strategies that can navigate geopolitical uncertainty paramount for sophisticated investors seeking portfolio resilience. With a target dividend yield of approximately 9%*, the Fund’s Income share class is positioned to address the increasing demand among Asian investors for stable and sufficient cash flow solutions. This income-focused strategy complements the broader portfolio needs of high-net-worth individuals seeking resilience and yield beyond traditional asset classes.
Henry Shin, Chief Executive Officer of WRISE Prestige, said: “We are delighted to partner with ChinaAMC to bring the ChinaAMC Select Asia Bond Fund (Income Share Class) to our clients as an exclusive launch in Hong Kong. In today’s volatile geopolitical landscape, investors require solutions that can adapt to changing conditions while delivering consistent income. The ChinaAMC Select Asia Bond Fund embodies this approach, offering flexible mandate and strong yield potential that make it a valuable addition to our curated platform.”
Barney Gao, Head of Strategic Client Development at China Asset Management (Hong Kong), said, “We are pleased to collaborate with WRISE Prestige to introduce the ChinaAMC Select Asia Bond Fund (Income Share Class) to investors in Hong Kong. This partnership reflects our commitment to delivering innovative and performance-driven investment solutions to a broader audience. With its focus on Asian bond markets and a flexible investment strategy, the Fund is well-suited to meet the income and diversification needs of investors in the region.”
This partnership highlights WRISE’s ongoing strategy to broaden access to best-in-class asset managers and deliver tailored investment solutions that address the complex and evolving needs of private wealth clients across Asia.
Important Information
This document is issued by WRISE Prestige Securities Limited (CE No. BSJ229). This document is for information purposes only and does not constitute and should not be construed as an offer, solicitation, recommendation or advice to buy or sell any investment product, nor should it be regarded as investment research.
Investment involves risks. The value of investments may go down as well as up and investors may not get back the principal invested. Past performance is not indicative of future performance.
The ChinaAMC Select Asia Bond Fund is authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. SFC authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors.
Distributions (if any) are not guaranteed. Distribution rates are not indicative of the Fund’s return. The Fund may pay distributions out of income and/or capital (or effectively out of capital), which may result in an immediate reduction of the Fund’s net asset value.
This document has not been reviewed by the SFC.
* The Manager may at its discretion pay dividend out of capital or effectively out of the capital of the Funds. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any such capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Unit.
Hashtag: #WRISE
The issuer is solely responsible for the content of this announcement.
WRISE is one of Asia’s fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen, Changsha, Taipei and Tokyo, WRISE is home to one of the largest networks of independent qualified advisors. With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today’s financial landscape.
WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WRISE Prestige (Hong Kong) Limited, WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong), WRISE Capital (Hong Kong), WRISE Financial Services (Hong Kong) and affiliates including WeWrise Services.
Established in 2008, China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)”) is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 464.5 billion assets under management as of December 31, 2025.
ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 17 years. Boasting robust expertise in a variety of asset classes, covering equities, fixed income, ETF, L&I products, digital assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. All efforts align with their vision of being “Beyond China Expert”.
Kenya will incorporate nuclear energy into its electricity mix as part of a broader strategy to expand generation capacity to 10,000 megawatts, President William Ruto has said, signalling a shift in policy aimed at supporting industrial growth and stabilising long-term energy supply. The announcement reflects mounting pressure on the East African economy to secure reliable and affordable power as demand rises across manufacturing, digital infrastructure and urban […]
White House officials said diplomatic channels with Iran remain active despite Tehran’s public rejection of US overtures, underscoring a widening disconnect between rhetoric and back-channel engagement as tensions ripple across the Middle East and global markets. The White House has sought to project continuity in negotiations, signalling that intermediaries and indirect communications are still in play even as Iranian officials outline new preconditions for any de-escalation. […]
Arabian Post Staff -Dubai Dubai’s transport regulator has entered a formal cooperation agreement with Dubai Roads and Transport Authority and Union Properties PJSC to strengthen oversight and coordination of road right-of-way management across major development projects, signalling a tighter regulatory push on urban infrastructure as construction activity accelerates across the emirate. The agreement is framed within the provisions of Law No. of 2021, which governs road regulation […]
