KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 September 2026 – Tenchijin Inc., a space-tech innovator founded as a JAXA venture, participated as the Official Main Partner of “Science Castle Asia 2026,” one of Asia’s largest research conferences for junior and senior high school students, held on August 22–23 at Universiti Sains Islam Malaysia (USIM). The event gathered 150 student research teams from 11 countries, selected from approximately 300 applications, presenting research on environment, water, agriculture, healthcare and AI. Over the two days, Tenchijin exhibited its satellite data solutions including “KnoWaterleak,” judged the student poster review, delivered the Main Partner Remark by Ryotaro Horii, Global Business Development, and presented four Tenchijin Poster Awards. Representing Japan’s space industry, Tenchijin also co-hosted a workshop for approximately 400 students with the Malaysian Space Agency (MYSA).
Tenchijin members with the members from MYSA
Workshop: “Eyes from Space: Solving Everyday Problems with Satellite Data”
After live quizzes on satellites, Yasuo Shirai, Vice President of Engineering, showed how optical, thermal-infrared and radar satellites observe water, farmland, forests and disasters — including Tenchijin’s own KnoWaterleak. In a hands-on challenge, students acting as a city mayor decided where to build a new hospital by combining satellite and ground data. His closing message: satellite data becomes truly powerful only when paired with local knowledge and human ideas.
Yasuo Shirai – VP of Engineering, Tenchijin Inc | Japan
“The energy of the 400 students in that hall was extraordinary. Their questions on water, agriculture and the environment are exactly the problems we tackle with satellite data every day. Co-hosting with MYSA showed that the distance between an Asian classroom and space technology is far shorter than students imagine, and I hope some of them will one day build this industry with us.”
The issuer is solely responsible for the content of this announcement.
Tenchijin Inc.
Tenchijin Inc. is a space technology company developing satellite-data solutions for infrastructure management. Its flagship product, Tenchijin COMPASS KnoWaterleak, combines satellite data and AI to detect and prevent water leaks, achieving up to 65% cost reduction and 85% time savings in field tests, and received the Minister of Health, Labour and Welfare Prize at the 7th Infrastructure Maintenance Grand Prize.
Next-generation built-in oven features 350°C pizza cooking, an 81-liter capacity and smart connectivity ahead of its planned global launch in 2027.
BERLIN, GERMANY – Media OutReach Newswire – 2 September 2026 – Midea will showcase its new SpaceMaster Series built-in oven at IFA 2026 in Berlin, offering an early look at its next generation of smart kitchen appliances ahead of a planned global market launch in 2027.
At the core of the SpaceMaster Series is Midea’s Graphene Turbo Hot Air Technology, designed to deliver rapid and even heat distribution. Leveraging graphene’s high thermal conductivity, the heating system responds in as little as 0.2 seconds, enabling precise temperature control while reducing preheating time.
The technology also supports a dedicated 350°C pizza program. Combined with the included refractory pizza stone, the high-temperature cooking mode is designed to produce crisp, stone-baked-style pizza at home.
Key features of the Midea SpaceMaster Series include:
Graphene Turbo Hot Air Technology: Rapid 0.2-second heating response for precise and energy-efficient cooking.
350°C Pizza Program: High-temperature cooking with a dedicated pizza stone for crisp, pizzeria-style results.
81-Liter Capacity: A spacious cavity supports simultaneous cooking across three levels with independent temperature control.
Smart and Easy-Care Design: Dual self-cleaning, A++ energy efficiency, Midea SmartHome App connectivity, and compatibility with Google Home and Amazon Alexa.
The 81-liter oven is designed for households preparing multiple dishes at once, while its multi-level cooking system enables different foods to be cooked simultaneously with individual temperature settings. A dual self-cleaning system simplifies maintenance, while connected controls provide additional flexibility for everyday use.
“Cooking at home has become more than a routine task for many consumers; it is increasingly part of how people experience quality, creativity and enjoyment in everyday life,” said a Midea spokesperson. “With the SpaceMaster Series, we are combining advanced thermal technology with intuitive operation to make professional cooking capabilities, including 350°C pizza baking, more accessible in the home.”
Hashtag: #Midea
The issuer is solely responsible for the content of this announcement.
About Midea & Midea MOA
Midea is a global technology group ranked No. 246 on the 2025 Fortune Global 500 and No. 39 among the world’s most valuable technology brands in the Brand Finance Top 100 2026. Midea has ranked No. 1 globally in microwave appliances for 10 consecutive years (Euromonitor, 2016–2025). Its Microwave & Oven Appliance (MOA) division generated USD 3.05 billion in revenue in 2025.
Midea operates seven global R&D centers, holds more than 5,500 granted patents and serves markets in more than 160 countries and regions.
Chinese President Xi Jinping arrived in Cairo for a state visit on Tuesday night, opening talks with President Abdel Fattah el-Sisi as Beijing seeks stronger ties with a pivotal Arab partner amid questions over Washington’s regional role. Xi, accompanied by his wife Peng Liyuan, was received at Cairo International Airport by Sisi and Egypt’s first lady, Entissar el-Sisi. The visit is Xi’s first to Egypt in a […]
Matein Khalid It is ironic that Opec, born as the brainchild of a nationalist Venezuelan oil minister in 1960, could die in 2027 as a result of events in that country. US President Donald Trump’s seizure of leader Nicolás Maduro in a military raid on Caracas and ambition to control 65 billion barrels of a vassal state’s proven oil reserves are triggering a seismic geopolitical realignment with […]
HONG KONG SAR – Media OutReach Newswire – 1 September 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with the Innovation and Technology Commission, successfully hosted the launch ceremony for the third InnoHK research cluster (SEAM@InnoHK) at Hong Kong Science Park today. Focusing on emerging domains such as sustainable development, energy, advanced manufacturing, and materials, SEAM@InnoHK is jointly led by top local and international academic and research institutions. The platform demonstrates Hong Kong’s robust R&D capabilities and global collaboration networks while promising tangible societal benefits, further solidifying Hong Kong’s role as an international I&T hub.
Officiating guests at the Launch Ceremony included Professor Sun Dong, Secretary for Innovation, Technology and Industry (front row, centre); Ms Cordelia Chung, Chairman of HKSTP (front row, 4th from right); Mr Kelvin Choi, Permanent Secretary for Innovation, Technology and Industry (front row, 4th from left); Mr Lyu Feng, Deputy Director-General of the Economic and Financial Department II of the Liaison Office of the Central People’s Government in the HKSAR (front row, 3th from right); Mr Ivan Lee, Commissioner for Innovation and Technology (front row, 3th from left); and Mr Terry Wong, Chief Executive Officer of HKSTP (front row, 1st from right).
The launch ceremony was officiated by key guests including Professor Sun Dong, Secretary for Innovation, Technology and Industry; Ms Cordelia Chung, Chairman of HKSTP; Mr Kelvin Choi, Permanent Secretary for Innovation, Technology and Industry; Mr Lyu Feng, Deputy Director-General of the Economic and Financial Department II of the Liaison Office of the Central People’s Government in the HKSAR; Mr Ivan Lee, Commissioner for Innovation and Technology; and Mr Terry Wong, Chief Executive Officer of HKSTP. They were joined by representatives and scholars from local and overseas universities, international research organizations, R&D centres, and industry partners to witness the launch of SEAM@InnoHK and explore its R&D roadmap and industrial application prospects.
Building a Flourishing Ecosystem to Empower R&D Commercialisation
As the largest I&T ecosystem in Hong Kong, HKSTP provides comprehensive professional support and resources to the R&D centres under SEAM@InnoHK. This encompasses world-class R&D infrastructure, seamless connections with academic institutions, talent pools, and investor networks, as well as matchmaking with funding and industry partners—empowering teams to transform breakthrough research into scalable, high-impact commercial solutions.
Ms Cordelia Chung, Chairman of HKSTP, said: “InnoHK has been with the Science Park for 5 years and this is the start of the second 5-year period. What we can see is that InnoHK has demonstrated the power of collaboration amongst world eminent scholars, researchers, and global partners. The first two clusters, Health@InnoHK and AIR@InnoHK have delivered world-class achievements. We commit to provide all the support we can to the InnoHK teams, as your success will add to the heartbeat of the ecosystem—not only for HKSTP, but for Hong Kong’s entire innovation landscape.”
Gathering Global Scientific Excellence to Drive Breakthroughs
The eight R&D centres under SEAM@InnoHK have brought together over 30 top global universities and research institutions, including the University of Cambridge, École Polytechnique Fédérale de Lausanne (EPFL), Nagoya University, National University of Singapore, Tsinghua University, and Peking University.
Notably, three R&D centres feature collaborations with Nobel Laureates: Professor Ben L. Feringa from the University of Groningen (2016 Nobel Laureate in Chemistry), who participates in the research at the InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES); Sir Konstantin Novoselov, renowned as the “Father of Graphene” from the National University of Singapore (2010 Nobel Laureate in Physics), who serves as principle investigator for the Inno Centre for Heterogeneous Integration and Production (CHIP); and Professor Hiroshi Amano from Nagoya University (2014 Nobel Laureate in Physics), who participates in research at InnoHK Power Semiconductors and Applications Center (PowerSAC). This stellar international scientific lineup highlights Hong Kong’s unique advantages in assembling world-class research talent, fostering cross-border collaboration, and driving technological innovation, further consolidating its status as a global hub for research cooperation.
InnoHK is a flagship I&T initiative of the HKSAR Government aimed at developing Hong Kong into a global hub for scientific research cooperation. It encourages world-leading universities and research institutes to conduct collaborative research with local institutions by establishing R&D centres in Hong Kong. Together with “Health@InnoHK”, focusing on healthcare technologies and “AIR@InnoHK”, focusing on AI and robotics technologies, the three InnoHK research clusters will further enrich Hong Kong’s world-class scientific landscape, accelerating technology transfer, startup incubation, and the growth of the I&T industry.
Introduction to the Eight SEAM@InnoHK R&D Centres (For details, please refer to the Appendix):
InnoHK Centre for Advanced and Smart Manufacturing (CASM): Lead global manufacturing toward Industry 5.0 by fusing AI, advanced materials, additive manufacturing and digital twins to create smart, sustainable, and human-centered solutions.
InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES): Advance breakthrough discoveries in functional materials to address bottleneck challenges related to energy and sustainability.
InnoHK Centre for Heterogeneous Integration and Production (CHIP): Advance next-generation electronics through innovations in semiconductor equipment and material processing, with a focus on advancing heterogeneous integration technologies.
InnoHK Centre for Space Manufacturing Technology (CSMT): Establish a world-class hub for international research collaboration in space manufacturing, integrating cutting-edge R&D in advanced materials and additive processes with demonstration and applied innovation in Hong Kong.
InnoHK Hong Kong Center for Renewable Energy and Storage (HKCRES): Develop and integrate high-performance perovskite photovoltaics, green hydrogen systems, and next-generation batteries via an end-to-end innovation framework in Hong Kong.
InnoHK Power Semiconductors and Applications Center (PowerSAC): Develop advanced power semiconductors, intelligent chips and system technologies for more efficient, compact and reliable power conversion.
InnoHK Research Centre for Intelligent GRID and Energy Technologies (I-GET): Develop intelligent, green and transformative grid and energy technologies for resilient, efficient and carbon-neutral cities.
InnoHK Sustainable Materials & Advanced Renewable Technologies (SMART Centre): Leverage artificial intelligence and smart automation technologies to accelerate materials discovery for circular waste upcycling, repurposing, and next-generation clean energy technologies.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,400 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.
As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.
As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.
More information about HKSTP is available at www.hkstp.org.
SCX Logistics Reports More Than 240% Revenue Growth in the First Half, Reflecting Demand for Next-Generation Industrial Infrastructure Sets Roadmap to Expand Its Logistics Portfolio Beyond 1,000,000 sq.m. and Further Strengthen Its Presence in Bangna and the EEC
BANGKOK, THAILAND – Media OutReach Newswire – 1 September 2026 – SCX Corporation, SC Group’s recurring-income business platform, is advancing sustainable growth through the strategic expansion of SCX Logistics. The company has set a roadmap to expand its logistics portfolio to more than 1,000,000 sq.m. by 2029, following strong demand from customers across diverse industries. SCX Logistics reported revenue growth of more than 240% in the first half of 2026, compared with the same period last year.
Rachod Nantakwang, CEO, SCX
The company also highlights the completion of SCX Logistics Bangna Km.20, an 80,000 sq.m. logistics development that embodies SC’s three promises: Quality, Care, and Responsibility. Combining a strategic location, total cost efficiency, flexibility, and future readiness, SCX Logistics is designed to meet the increasingly complex needs of the industrial sector. The company plans to expand across the strategic Bangna and EEC corridors by a further 200,000 sq.m. by 2027.
Mr. Rachod Nantakwang, Chief Executive Officer of SCX Corporation Co., Ltd., said that SCX continues to advance SC Group’s recurring-income businesses to build a stronger and more sustainable foundation for long-term growth. SCX Logistics is a key part of this strategy, and the company remains committed to its 2029 roadmap to expand its logistics portfolio from 200,000 sq.m. at the end of 2025 to more than 1,000,000 sq.m. in strategic logistics locations nationwide. The objective is to create greater value for customers while developing infrastructure that genuinely meets business needs.
Warehouse 1
“The warehouse market continues to experience strong demand. However, customer requirements today are markedly different from the past. Customers no longer assess warehouses solely on rental rates per square metre. They consider the entire production and logistics ecosystem: locations that reduce transportation time, flexible functionality that can adapt to future change, clean-energy solutions that support business sustainability, and, critically, a warehouse partner that can work alongside them to solve their business challenges.
Warehouse 2
We understand these evolving needs. This understanding has earned us the trust of customers across a wide range of industries and contributed to SCX Logistics achieving revenue growth of more than 240% in the first half of 2026, compared with the same period last year,” Mr. Rachod said.
SCX has consistently upheld SC’s three promises: Quality, Care, and Responsibility. The company also applies SC’s strengths in Design, Function, and Trust to its logistics developments, placing a strong emphasis on understanding each customer’s operations from the outset. This enables SCX Logistics to design spaces around actual business requirements, from building layouts and transportation flows to loading and unloading areas, as well as future energy and technology needs.
This approach is reflected in SCX Logistics Bangna Km.20, which has recently been completed across the full 80,000 sq.m. development. The project demonstrates SCX’s customer-centric approach to warehouse development, beginning with an understanding of customer requirements rather than a building concept. The project is currently fully occupied, with an occupancy rate of 100%.
SCX Logistics Bangna Km.20 is located on Bangna-Trad Road at Km.20 in Samut Prakan, on a site of more than 90 rai. It is a strategic location for logistics and transportation, serving warehouses, distribution centres, and industrial facilities across a range of sectors. The development offers both ready-built buildings and built-to-suit solutions tailored to specific customer requirements.
The project serves international customers from Asia and Europe across industries including logistics, manufacturing, data centres, and digital infrastructure.
Mr. Rachod added that SCX Logistics’ expansion plans for 2026 and 2027 will focus on strategic locations that play an important role in Thailand’s logistics network. Under the concept “Corridor, Not Just Land,” SCX selects investment locations based on the role each area plays in the supply chain and its ability to connect businesses with regional markets, rather than simply on the size of the land plot.
The company plans to add approximately 200,000 sq.m. of logistics space across key locations, including Bangna, Laem Chabang, Amata Chonburi, and the Eastern Economic Corridor (EEC). This expansion is expected to bring SCX Logistics’ total warehouse portfolio to approximately 400,000 sq.m. by the end of 2027.
“Each location plays a distinct role in supporting our customers’ businesses. Bangna is a key connection between Bangkok, Suvarnabhumi Airport, and the EEC. Laem Chabang is an important gateway for international trade, while Amata and the EEC are among the country’s major manufacturing bases.
We therefore do not see ourselves simply as a warehouse developer and operator. We aim to be an infrastructure partner that can deliver solutions tailored to the needs of customers across industries, while contributing to the development of Thailand’s infrastructure and supporting investment that drives national economic growth,” Mr. Rachod said.
SCX Logistics will continue to be a new and recurring source of income for SC Group over the long term. The company expects SCX Logistics’ full-year revenue to grow by approximately 280% from the previous year.
SCX Corporation operates under the vision “The Prospering Expedition” and the mission “The Way Forward,” with a focus on exploring new business opportunities that generate consistent recurring income over the long term.
Its portfolio includes SCX Logistics, which operates the warehouse business and has developed five projects totalling more than 200,000 sq.m. in strategic locations; SCX Hospitality, which operates hotels in Bangkok and other key destinations, including KROMO Bangkok, Curio Collection by Hilton, The Standard Pattaya Na Jomtien, and YANH Ratchawat; and SCX Working Solutions, which operates more than 120,000 sq.m. of office space, including Shinawatra Tower 3.
SCX’s growth is supported by a diverse and capable team, strong strategic partnerships, and a corporate culture that places customers and the environment at the heart of business development.
For more information, please contact scxinfo@scasset.com or visit https://www.scx.co.th. Hashtag: #SCXcorporation #SCXLogistics #SC #SCWarehouse #Logistics #Engine2 #RecurringIncome
The issuer is solely responsible for the content of this announcement.
SCX Corporation
SCX Corporation operates under the vision “The Prospering Expedition” and the mission “The Way Forward,” with a commitment to exploring new business opportunities that generate consistent recurring income.
Its portfolio comprises SCX Logistics, which operates in the warehouse business and has developed a cumulative portfolio of five projects, totaling more than 200,000 sq.m. across strategic locations; SCX Hospitality, which operates hotels in Bangkok and other provinces, including KROMO Bangkok, Curio Collection by Hilton, The Standard Pattaya Na Jomtien, YANH Ratchawat, and voco Bangkok Siam; and SCX Working Solutions, which operates office buildings with a combined area of more than 120,000 sq.m., including Shinawatra Tower 3.
SCX is supported by a diverse and capable team, strong strategic partnerships, and an organizational culture that places customers and the environment at the heart of its business.
For more information, please contact scxinfo@scasset.com or visit https://www.scx.co.th.
Arabian Post Staff -Dubai Qatar’s economy contracted 7 per cent year on year in the first quarter of 2026 as conflict-driven disruptions sharply reduced hydrocarbon production, official data showed, overwhelming continued growth across much of the non-energy economy. Gross domestic product fell to 170.8 billion riyals from a revised 183.7 billion riyals in the first three months of 2025, according to figures released by Qatar’s National Planning […]
Partnered with CB Insights to unveil Hong Kong leads Asia and ranks fifth globally for high-potential start-ups, orchestrating the next era of global tech innovation
Key Takeaways:
HKSTP’s 25th Anniversary Prelude theme, “Innovation. Next by Nature.”, brings together great minds and bold ideas to inspire what comes next for Hong Kong’s innovation ecosystem.
The CB Insights-HKSTP white paper ranks Hong Kong first in Asia and fifth globally, with a Mosaic score of 370 — a key indicator of high-potential ventures and future unicorns.
The research highlights Chinese Mainland’s lead in Asia’s physical AI wave, as the region powers global growth in robotics and AI funding.
HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – The Hong Kong Science and Technology Parks Corporation (HKSTP) today officially kicked off its year-long 25th anniversary celebration with a landmark event “Together to NEXT”, bringing together Innovation and Technology Partners, Park Companies, industry leaders, academia and startups to mark a quarter-century of transforming bold ideas into global impact.
HKSTP’s 25th Anniversary Prelude theme, “Innovation. Next by Nature.”, brings together great minds and bold ideas to inspire what comes next for Hong Kong’s innovation ecosystem. Ms Cordelia Chung, Chairman of HKSTP (6th from left), Mr Terry Wong, CEO at HKSTP (6th from right), Mr Aldous Mak, Chief Financial Officer of HKSTP (5th from left), Ms Hilda Chan, Chief Marketing Officer, HKSTP (5th from right), Ms Filla Mak, Chief Property and Asset Officer, HKSTP (4th from left), Mr Eric Or, Chief Ecosystem Development Officer, HKSTP (4th from right), Ms Fanny Wong, Chief Talent Officer, HKSTP (3rd from right), Mr Oscar Wong, Acting Chief Business Development Officer, HKSTP (2nd from right) and members from the management team officiate the event.
To commemorate this milestone, HKSTP unveiled its anniversary theme, “Innovation. Next by Nature.”, a vision that signals its evolution from ecosystem enabler to orchestrator of the next era of global innovation. HKSTP also announced the findings of a landmark study, “Inside Asia’s Fast-Track to Global Tech Scale,” conducted in partnership with the leading technology market intelligence firm CB Insights, revealing Hong Kong ranks first in Asia and fifth globally, with a Mosaic score of 370. Mosaic score is CB Insight’s proprietary and industry-recognised indicator of high-potential ventures and future unicorns, evaluating momentum, financing, market opportunity and leadership quality. Hong Kong’s top ranking among Asian markets reflects a concentrated pool of scale-ready ventures and highly-investable innovation.
Ms Cordelia Chung, Chairman of HKSTP, said: “For 25 years, HKSTP has driven I&T as Hong Kong’s economic engine. Across our 240-hectare infrastructure and service ecosystem—comprising Science Park, InnoCentre, three InnoParks, and our Shenzhen Park—we turn research into real-world impact. Looking ahead, our ‘What’s Next’ vision is built on four dimensions, ‘Broad and Deep, Far Yet Near’: Broad means building a diverse talent ecosystem where human minds leverage technology; Deep involves advancing tech-industry convergence; Far entails expanding our global footprint; and Near focuses on drawing the future nearer with immediate action. Our community is our heartbeat. Together, we must strengthen, enhance, and collaborate, harnessing Hong Kong’s unique advantages to shape a better future for all.”
To kick off this next era, HKSTP has partnered with CB Insights to launch a white paper titled “Inside Asia‘s Fast-Track to Global Tech Scale.“ The report shows how Asia is reshaping the global innovation playbook with a network of specialist clusters, each optimised for a different stage of the innovation journey and built for today’s multipolar market landscape. CB Insights is a global tech intelligence leader and predictive data platform trusted by Fortune 500 companies.
Mr Terry Wong, CEO at HKSTP, said: “Asia’s rising innovation power is rewriting the global innovation map. While Silicon Valley grew as a single, all-in-one hub, Asia, with the Chinese Mainland as a key technology engine, is evolving an accelerated and more specialised network for global innovation. Hong Kong’s role as a super connector and value-adder has never been more important as Asia sets a new benchmark for start-up ecosystems. As HKSTP steps up as an ecosystem orchestrator, we are connecting innovators with capital, talent, deep Mainland China links and trusted pathways to global markets.”
Other Key Report Findings:
Chinese Mainland drives physical AI takeover Asia’s AI investment exploding as physical AI leads the way with robotics raising US$26.1B and AI infrastructure hit US$21.4 billion in 2025, outpacing generative AI and fintech. China dominates region with close to 100% of deals in emerging segments: robot/industrial humanoid robot foundation models, vision language and autonomous driving models.
Asia‘s specialist hubs as accelerators of growth across innovation lifecycle
Asia vies for global R&D lead to complement established manufacturing and consumer power The region’s global R&D expenditure surge from 24% in 2007 to 45% in 2024, according to WIPO, while already the dominant region for global manufacturing as well as driving global consumption with growing purchasing power with Asia’s GDP reaching 48.6 percent in 2025, according to Boao Forum for Asia (BFA).
HKSTP: Global I&T Ecosystem Orchestrator and Innovation Accelerator
HKSTP’s 25th anniversary signals a renewed mission to make Hong Kong the global heartbeat of what’s next in innovation and technology (I&T). As HKSTP approaches its 25th anniversary, the new brand theme, “Innovation. Next by Nature.”, positions HKSTP as inherently built to lead the change. The year-long celebrative campaign “25 to NEXT” starts from August 2026 to July 2027 with 25 high-impact activations and cultural moments.
Anchored by three core goals — The Next Habitat (cultivating an innovation culture by connecting ecosystem stakeholders with signature events), The Next Horizon (broadening perspectives through industry-guiding insights, including the landmark study in partnership with CB Insights and 25 KOL collaborations), and The Next Pinnacle (developing overseas delegations and platforms across international markets). The campaign positions HKSTP as a more connected engine and forward-oriented convener of talent, capital, infrastructure and partnerships across sectors and borders.
Since its establishment, HKSTP has grown into Hong Kong’s largest I&T ecosystem, driving breakthroughs across Life and Health Technology, AI and Data Science, Microelectronics and Advanced Manufacturing, and GreenTech and New Energy. As the ecosystem orchestrator, HKSTP is committed to powering Hong Kong’s rise as the international I&T hub, underpinned by leading critical partnerships across Hong Kong and beyond, attracting talent, engaging stakeholders, and building a connected, forward-looking I&T community for the next era of global innovation. Hashtag: #HongKongScienceandTechnologyParksCorporation #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,600 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.
As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.
As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.
More information about HKSTP is available at www.hkstp.org.
Matein Khalid Chinese fast-fashion giant Shein is set to list in Hong Kong on September 1 at a valuation of up to $27 billion. That is less than half the $64 billion valuation at which Abu Dhabi sovereign wealth fund Mubadala invested in 2023. It is a brutal comedown for a retailer once expected to be worth $100 billion. My knowledge of sartorial retailing is admittedly less than encyclopaedic. Yet I […]
Venezuela has insisted that its new 25-year energy agreement with the United States preserves state ownership of the country’s oil reserves, sharpening scrutiny of President Donald Trump’s claim that Washington has secured majority control over more than 65 billion barrels of Venezuelan crude. Interim President Delcy Rodríguez said the accord covers the development of 17 strategic oilfields and targets production of more than 1.5 million barrels a […]
Arabian Post Staff -Dubai Jordanian air defences intercepted and destroyed eight missiles early Monday as Iran launched retaliatory attacks against US military facilities in Jordan following an American strike on Iranian forces near the Strait of Hormuz. The Jordan Armed Forces said the missiles had penetrated the kingdom’s airspace and were destroyed before they could threaten civilians or property. Its statement did not identify the missiles’ origin, […]
Arabian Post Staff -Dubai US and Iranian forces exchanged direct attacks on Sunday for the first time in about a month, with Washington striking two Iranian launchers on Larak Island and Tehran answering with missile attacks aimed at US military sites in Jordan. Jordan’s armed forces said on Monday that its air defence systems intercepted eight missiles that entered the kingdom’s airspace at dawn. The military said […]
Jungheinrich marks 25 years of presence in Singapore, as country’s backbone for material flow of goods and a driver of sustainable intralogistics solutions, with more than 7,000 machines in the market and over 100 warehouse solutions implemented
Jungheinrich Singapore established itself as one of the few full-liner suppliers of material handling equipment and solutions in the country, and the pioneer of electrification, with an estimate market share of 25% in electrified machines
Milestone marked with an anniversary dinner on 28 August 2026, attended by Guests of Honour: Thomas Motak, Deputy Head of Mission of the Federal Republic of Germany to Singapore, and Nadine Despineux, Member of the Board of Management, Chief Sales Officer, Jungheinrich
SINGAPORE – Media OutReach Newswire – 31 August 2026 – Jungheinrich, a global leader in sustainable material handling solutions, celebrated 25 years of presence in Singapore as country’s backbone for material flow of goods and a driver of sustainable intralogistics solutions, with more than 7,000 machines in the market and over 100 total warehouse solutions implemented.
Jungheinrich Singapore celebrates 25 years of material flow excellence, marking the milestone with Managing Director, Singapore and Malaysia, Benedict Kothe; Guest of Honour Thomas Motak, Deputy Head of Mission of the Federal Republic of Germany to Singapore; Jungheinrich Chief Sales Officer Nadine Despineux; and key industry leaders and guests.
On 28 August 2026, Jungheinrich celebrated this silver jubilee with an anniversary gala dinner at Pan Pacific Orchard Singapore, graced by Guests of Honour: Thomas Motak, Deputy Head of Mission of the Federal Republic of Germany to Singapore, and Nadine Despineux, Member of the Board of Management, Chief Sales Officer, Jungheinrich, alongside key attendees such as, Manojit Acharya, Vice President – Asia Pacific & Managing Director, India, Benedict Kothe, Managing Director, Singapore and Malaysia, Jungheinrich, Jens Rübbert, President of the European Chamber of Commerce, Singapore, Soo Haw Yun, Vice President, Global Enterprises, Singapore Economic Development Board, and the various Jungheinrich teams, customers and partners in the APAC region.
A special toast was raised to mark Jungheinrich Singapore’s 25-year journey and its evolution into a strategic hub for Asia-Pacific (APAC). Established on 21 February 2001 as the first country unit in APAC, Jungheinrich Singapore is now part of a regional network spanning eight country units and 14 partner companies, supported by over 1,500 employees. The Singapore operation oversees key regional functions including training, automation, dealer management, sales, customer service and human resources, with the APAC spare parts distribution centre also based here.
Jungheinrich has also established itself as one of the few full-liner suppliers of material handling equipment and solutions in Singapore, offering warehouse trucks, racking, automation, digital solutions and customer service all under one roof. The Singapore team, comprising of 150 employees, works closely with Jungheinrich’s partners across APAC, supporting the company’s regional reach and market development.
Over the past 25 years, Jungheinrich Singapore has pioneered the adoption of electric material handling equipment in the country, with an estimated 25% share of the electrified machines market. Its team of 50 technicians strive to provide industry-benchmark service, supporting the logistics sector’s shift towards more efficient and professional operations. In recognition of its innovation and education initiatives, Jungheinrich Singapore was named Supply Chain Innovator of the Year (CSR) at the prestigious Supply Chain Asia Awards 2025, and has also achieved Great Place To Work® Certified™ status.
Notably, Jungheinrich Singapore was the first in APAC to open a Jungheinrich Experience Centre, established in May 2024, to showcase product innovation and illustrate how material flow interacts within a warehouse setting. The centre has since welcomed visitors including Kuehne & Nagel, Supply Chain Asia, the German Embassy in Singapore, and a slew of students from Republic Polytechnic (Singapore) and the University of St. Gallen (Switzerland).
Jungheinrich Singapore has also played an active role in supporting the local community, serving as the official logistics sponsor for the annual National Day Parade for 2 consecutive years in 2025 and 2026, deploying electric forklifts, pallet trucks and reach trucks to help distribute close to 250,000 fun packs to spectators. The organisation also donated warehouse trucks to support Willing Hearts and Food Bank Singapore in their operations, and provided pallet jacks and forklifts for the United Buddy Bears Exhibition at Gardens by the Bay in September 2025, which marked the 60th anniversary of diplomatic ties between Singapore and Germany.
Looking ahead, Jungheinrich Singapore will focus on developing localised automation solutions, expanding the rollout of AntOn by Jungheinrich, and introducing sustainable material handling solutions tailored to customers across APAC. Building on the launch of its first electric van in July 2025, the organisation is also targeting a fully green-energy service fleet by 2030, supporting its commitment to Carbon Neutrality by 2030 for Scope 1 emissions.
“As we celebrate 25 years in Singapore, we are proud of the strong foundation we have built with 150 intralogistics experts who support our customers across industries. Our journey has been defined by innovation, partnership, and a commitment to improving material flow efficiency. Looking ahead, we remain focused on helping businesses enhance productivity, increase warehouse safety and quality, and achieve sustainable growth through advanced material handling solutions,” said Benedict Kothe, Managing Director, Singapore and Malaysia, Jungheinrich.
“We congratulate Jungheinrich on 25 years in Singapore. Over the years, Jungheinrich has grown its Singapore operations into a strategic APAC hub, driving initiatives such as automation, innovation, and sustainability. We look forward to deepening our partnership with Jungheinrich as it contributes to Singapore’s logistics sector and develops solutions for the region,” said Soo Haw Yun, Vice President, Singapore Economic Development Board.
As Jungheinrich Singapore enters its next chapter, the organisation remains committed to supporting customers’ growth with innovative, sustainable and increasingly automated material handling solutions.Hashtag: #Jungheinrich #Manufacturing #Logistics
The issuer is solely responsible for the content of this announcement.
Jungheinrich Singapore
As one of the world’s leading providers of material handling solutions, Jungheinrich has advanced the development of innovative, sustainable products and solutions for material flows for more than 70 years. The family-owned, listed business generated revenue of €5.5 billion in the 2025 financial year with a workforce of over 21,000, and service and sales companies across 42 countries. In APAC, the company has established eight country units and over 14 partner companies, supported by over 1,500 employees. Established in Singapore in 2001, Jungheinrich Singapore marks its 25th anniversary in 2026 as the company’s strategic hub for the region.
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China’s data industry expanded to 6.78 trillion yuan in 2025, registering 15.7 per cent annual growth as artificial intelligence drove demand for specialised datasets, software and data-processing services.
Figures unveiled at the 2026 China International Big Data Industry Expo in Guiyang, Guizhou province, showed that data-related software products, including AI application software, and data-resource products involving token services generated a combined 4.99 trillion yuan. The two categories accounted for 73.6 per cent of the industry’s total output, underlining the growing commercial connection between data resources and AI development.
The number of data enterprises operating across China reached 482,000 by the end of 2025, an increase of 17.9 per cent from a year earlier. The eastern regions remained the largest concentration of activity, with their data industry valued at about 5.23 trillion yuan.
Growth has accelerated steadily over the past three years. China’s data industry was valued at 5.06 trillion yuan in 2023 and 5.86 trillion yuan in 2024 before climbing above 6.7 trillion yuan last year. Expansion has increasingly shifted from basic data collection and processing towards higher-value services designed for AI models, intelligent agents and industry-specific applications.
High-quality datasets have emerged as a particularly important segment. By August 2026, more than 126,000 such datasets had been established nationwide, containing more than 1,815 petabytes of data. Their combined volume has risen by more than 89 per cent since March, reflecting rapidly expanding demand from developers training and refining AI systems.
The broader supply of digital information is also growing sharply. China generated 52.26 zettabytes of data during 2025, up 27.28 per cent from the previous year and representing roughly 27.4 per cent of global data production. Enterprises accounted for about nine-tenths of the increase, with manufacturing, transport and logistics, software and information technology services recording especially strong gains.
That expansion is occurring alongside rapid growth in AI itself. China’s core AI industry exceeded 1.2 trillion yuan in 2025, with more than 6,200 specialised AI enterprises operating nationwide. More than 30 per cent of large manufacturing enterprises had adopted AI technologies by the end of the year, widening demand for industrial datasets capable of training systems for production, quality inspection, predictive maintenance and automation.
AI development is also changing the composition of the data market. Large language models initially depended heavily on publicly accessible text and image material, but developers are increasingly seeking proprietary industrial, scientific, financial, medical and operational data. The expansion of intelligent agents and embodied AI is adding demand for video, three-dimensional information, sensor readings, physical interaction records and synthetic data.
Intelligent-agent innovation has become another growth area. More than 3,400 patents associated with agent technologies were authorised during 2025, with the pace of growth more than doubling from the previous year. Commercial platforms are simultaneously combining access to multiple AI models with tools that allow companies to select, adapt and deploy systems without developing every component internally.
Policy is increasingly focused on turning China’s vast quantity of information into commercially usable AI resources. A national programme launched this year calls for high-quality industry datasets covering areas including scientific research, manufacturing, agriculture, energy, transport, financial services, healthcare, education, e-commerce, tourism, meteorology, urban governance, autonomous driving, embodied intelligence and biotechnology.
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India and Kuwait have agreed to deepen defence cooperation across military training, exercises, medicine, staff-level exchanges, defence production and research, giving operational shape to the strategic partnership established between the two countries in 2024.
The agreement emerged from the inaugural meeting of the India-Kuwait Joint Defence Committee in New Delhi on August 28, marking the first formal session of the mechanism created to institutionalise expanding security and military ties.
The talks were co-chaired by Joint Secretary Amitabh Prasad and Brigadier General Raed Alsakran, who headed a five-member delegation from Kuwait. India’s delegation brought together representatives of the Army, Navy and Air Force along with officials from the Department of Defence Production, Defence Research and Development Organisation, Armed Forces Medical Services and Ministry of External Affairs.
Both sides identified training and military exercises as priority areas, opening the possibility of greater exchanges between personnel and institutions. Military medicine and structured staff talks were also placed on the cooperation agenda, potentially creating regular channels through which officers can exchange operational experience and develop closer institutional links.
Defence manufacturing formed another important component of the discussions. The Kuwaiti delegation visited DPSU Bhawan in New Delhi and held talks with representatives of India’s defence industry on potential areas of cooperation. A separate interaction with industry representatives was also included in the delegation’s programme, indicating that commercial and technological partnerships are becoming a stronger part of the bilateral defence relationship.
The engagement gives practical momentum to the memorandum of understanding on defence cooperation signed during Prime Minister Narendra Modi’s visit to Kuwait on December 21-22, 2024. The agreement was designed to institutionalise cooperation in training, exchanges of personnel and experts, joint exercises, defence manufacturing, supply of military equipment and research and development.
That visit also saw India and Kuwait elevate their relationship to a strategic partnership, broadening a relationship traditionally centred on energy, trade and the movement of people. Defence and security have since gained greater prominence as both governments seek more structured engagement amid shifting geopolitical and security conditions across the Gulf and wider West Asian region.
The Joint Defence Committee provides a mechanism through which the provisions of the 2024 agreement can be translated into programmes, exchanges and projects. Its composition also reflects the wide scope envisaged for cooperation, extending beyond conventional military contacts into medical services, technology development and defence manufacturing.
Kuwait has traditionally relied heavily on international suppliers for defence equipment, while India has been expanding its efforts to become a larger producer and exporter of military systems. New Delhi has been encouraging overseas partnerships for domestically manufactured weapons, platforms, electronics and support systems as defence production capacity expands.
Research and development cooperation could therefore become a significant part of the relationship. Participation by the Defence Research and Development Organisation at the committee meeting creates an institutional route for exploring technology-based projects alongside conventional equipment sales and training arrangements.
The talks also come as Kuwait broadens defence engagement with partners across Asia while navigating a complex regional security environment. Its location at the northern end of the Gulf, close to Iraq, Saudi Arabia and Iran, has made military preparedness and diversified security partnerships enduring priorities for the country.
For India, deeper defence engagement with Kuwait complements its expanding strategic relationships with Gulf Cooperation Council states. New Delhi has progressively widened military exercises, naval engagements, training programmes and defence-industry cooperation with countries across the Gulf as economic and energy relationships have developed into broader strategic ties.
Brigadier General Alsakran also laid a wreath at the National War Memorial in New Delhi ahead of the committee meeting, paying homage to fallen military personnel. The gesture formed part of a programme combining official consultations, ceremonial engagements and meetings with defence-sector representatives.
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