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Arabian Post Staff -Dubai Saudi Arabia and Türkiye have signed a memorandum of understanding to expand educational cooperation, covering student exchanges, teacher development, academic research and educational technology, following talks between their education ministers in Ankara. Saudi Minister of Education Yousef bin Abdullah Al-Benyan and Turkish Minister of National Education Yusuf Tekin signed the agreement on October 26 during Al-Benyan’s official two-day visit to Türkiye, which concluded […]

Europe’s maize harvest is shrinking sharply as prolonged drought and extreme summer heat damage crops in Hungary and Romania, prompting farmers to abandon vulnerable fields and reconsider what they plant. The European Commission’s latest crop assessment, published on 23 October, confirms that summer crop yields remain below their five-year averages across much of the European Union. Persistent moisture shortages have also disrupted preparations for the next growing […]

Arabian Post Staff -Dubai Dubai-based ENOC Group has extended its aviation technical services agreement with Indonesia’s PT Pertamina Patra Niaga for another three years, maintaining cooperation on aircraft refuelling safety, fuel quality and operational standards at Indonesian aviation facilities. The renewed agreement, announced on Tuesday, covers annual inspections, technical guidance, operational assistance and specialised training. It builds on a three-year arrangement established in 2023 and a commercial […]

Arabian Post Staff -Dubai Oil prices climbed on Wednesday, with Brent crude rising above $115 a barrel as uncertainty surrounding Israel’s parliamentary election and indications of possible renewed American military operations against Iran heightened concerns over Middle Eastern energy supplies. West Texas Intermediate traded near $101 a barrel, reversing part of its losses from the previous two sessions, as investors assessed the implications of Israel’s inconclusive election […]

A UAE business delegation led by Foreign Trade Ministry Undersecretary Fahad Al Gergawi held talks with Russian companies at the Russian Industrialist International Forum and Exhibition in St Petersburg, seeking opportunities for investment, technology partnerships and industrial cooperation. The delegation attended the 30th edition of the forum, held from October 22 to 24, with support from the Russia-UAE Business Council and coordination with the UAE Embassy in […]

Mumbai’s benchmark stock indices declined on Tuesday as selling in information technology shares and elevated crude oil prices weighed on investor sentiment ahead of the US Federal Reserve’s monetary policy decision.

The 30-share BSE Sensex fell 0.16 per cent to 73,497.28, while the NSE Nifty 50 slipped 0.06 per cent to 22,738.55 during Tuesday’s trading. Losses were concentrated in technology stocks, although gains in several consumer and industrial companies helped contain the decline.

The Nifty IT index dropped approximately 1.8 per cent, making technology one of the weakest sectors. Infosys shares declined 2.8 per cent after the company lowered its revenue growth guidance for the financial year ending March 2027, prompting investors to reassess earnings expectations.

Other major technology companies also faced selling pressure. Tata Consultancy Services and HCL Technologies traded lower as investors examined the implications of weaker growth expectations for outsourcing companies dependent on overseas corporate spending.

Crude oil prices remained another concern. Brent crude hovered near $115 a barrel, close to its highest level in six months, following attacks on Saudi Arabia that intensified concerns about energy supplies and geopolitical tensions across West Asia.

Elevated petroleum prices present significant challenges for India’s economy because the country depends heavily on imported crude. Sustained increases can raise transportation and manufacturing costs, complicate inflation management and weaken profit margins for companies unable to pass additional expenses to customers.

Oil-sensitive businesses, including airlines, paint manufacturers, tyre producers and petroleum marketing companies, face particular exposure to changes in energy prices. Investors are monitoring whether higher input costs will affect corporate earnings during the current reporting season.

Attention has also shifted towards the Federal Reserve’s two-day policy meeting, which begins on Tuesday and concludes on Wednesday. Financial markets broadly expect the central bank to maintain its benchmark interest rate at 3.75 to 4 per cent.

The accompanying policy statement and remarks from Federal Reserve Chairman Kevin Warsh will be examined for indications of future interest rate adjustments, particularly whether persistent inflation could require additional monetary tightening.

Higher US interest rates can influence investment flows towards dollar-denominated assets, potentially reducing foreign portfolio investment in emerging markets. Changes in American Treasury yields and the dollar’s exchange rate therefore remain important considerations for domestic equities.

Ponmudi R, chief executive of Enrich Money, has identified elevated crude prices, geopolitical uncertainty and the Federal Reserve’s policy outlook as major influences on market sentiment. He has cautioned that tighter American monetary conditions could constrain foreign investment flows.

Tuesday’s weakness followed a recovery in the previous session, when the Sensex advanced 482.92 points to close at 73,606.75 and the Nifty gained 153.20 points to finish at 22,753.20.

Monday’s advance ended four consecutive sessions of losses, during which the Sensex had declined 2.15 per cent and the Nifty 2.36 per cent. The rebound reflected renewed buying in selected companies after the earlier market correction.

Despite Tuesday’s benchmark declines, broader market performance remained comparatively resilient. Small-cap shares gained approximately 1.7 per cent, while mid-cap stocks advanced around 0.5 per cent, indicating that selling pressure was not uniformly distributed.

Company-specific earnings developments also generated substantial movements. Tata Consumer Products rose approximately 5.9 per cent after reporting quarterly profits that exceeded market expectations, attracting buying interest despite the weakness in benchmark indices.

Automotive components manufacturer Sona BLW Precision Forgings advanced around 6.3 per cent following improvements in quarterly revenue and earnings. The gains demonstrated continued investor interest in companies delivering stronger operating results.

Astec Lifesciences, meanwhile, declined approximately 2.5 per cent after reporting lower quarterly profits, reflecting the market’s selective response to corporate financial disclosures.

Institutional investment patterns remained under scrutiny. Exchange data showed foreign portfolio investors sold shares worth approximately Rs 1,462.49 crore on Monday, while domestic institutional investors purchased equities valued at Rs 2,609.57 crore.

Domestic institutional buying helped support Monday’s recovery, although foreign investment decisions remain sensitive to international interest rates, currency movements and geopolitical developments.

Market participants are also awaiting September industrial production figures, scheduled for Wednesday, alongside further quarterly earnings announcements from major listed companies.

The October monthly expiry of Nifty derivatives contracts falls on Tuesday, adding another trading consideration as investors adjust outstanding positions before settlement.

By Ashok Nilakantan Ayers WASHINGTON: The final week of America’s 2026 midterm election campaign has become a high-stakes confrontation between President Donald Trump and a Democratic opposition seeking to turn voter dissatisfaction over the economy into control of Congress. Neither Trump nor former president Barack Obama is on the ballot. Yet both are criss-crossing the […]

The article Barack Obama Imparts Big Momentum To Democratic Campaign In Last Phase appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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Arabian Post Staff -Dubai Abu Dhabi renewable energy company Masdar has raised $600 million through its first blue bond, an AA-rated transaction described as the highest-rated publicly issued corporate blue bond worldwide. The five-year securities, rated AA- by S&P Global Ratings and Fitch Ratings, were issued under Masdar’s $6 billion global medium-term note programme. Proceeds will finance or refinance eligible marine renewable energy projects under the company’s […]

Arabian Post Staff -Dubai Global Islamic finance assets are projected to exceed $10.5 trillion by 2030, driven by expanding banking operations, record sukuk issuance and growing adoption across emerging markets, according to a new industry assessment. The 2026 Islamic Finance Development Report, released by London Stock Exchange Group (LSEG) and the Islamic Corporation for the Development of the Private Sector (ICD), estimates that industry assets reached $6.5 […]

Iron ore remained close to its lowest level in more than two years as weakening steel demand in China and rising global shipments kept pressure on prices, despite expectations of additional economic support from Beijing. The benchmark November contract on the Singapore Exchange traded around $90.60 a tonne on Monday, October 26, after falling below $90 earlier this month. The most-traded contract on China’s Dalian Commodity Exchange […]

Arabian Post Staff -Dubai Bahrain-based alternative investment manager Investcorp is joining Saudi investors in a consortium seeking a stake in a fire safety and equipment company, signalling continued private equity interest in the kingdom despite escalating Houthi attacks on strategic infrastructure. The proposed investment comes as Saudi Arabia faces mounting security pressures following attacks targeting energy facilities, airports and other installations. The transaction would provide an indication […]

Arabian Post Staff -Dubai Apple has introduced an OLED-equipped iPad mini with a larger, brighter display, a faster processor, enhanced connectivity and water resistance, marking a substantial redesign of its smallest and most portable tablet. The device, announced on Monday, features an 8.5-inch Super Retina XDR screen, Apple’s A20 Pro chip and a thinner enclosure. Pre-orders open on October 28, with deliveries and retail availability scheduled for […]

300+ AI Applications Delivering Surges in Core Metrics and Annual Cost Reduction of Over CNY100 Million (Approx. US$15 Million)

NANJING, CHINA – Media OutReach Newswire – 26 October 2026 – Nanjing Iron & Steel Co., Ltd. (NISCO) has worked with Huawei and ecosystem partners to commercially deploy the world’s first steel model powered by swarm intelligence—the YuanYe Steel Large Model (YuanYe)—across multiple scenarios at scale. This helps NISCO transition its core operations from relying on experience to being powered by data and intelligence collaboration.

NISCO's intelligent operations center that covers the widest business range in the industry and uses 5-dimensional digital twins to deliver integrated production and operations management across spaces, boundaries, organizations, and equipment
NISCO’s intelligent operations center that covers the widest business range in the industry and uses 5-dimensional digital twins to deliver integrated production and operations management across spaces, boundaries, organizations, and equipment

As a traditional manufacturer navigating the challenges of transformation and cost efficiency, NISCO has built a robust digital and intelligent foundation by adopting industry-leading products including Ascend, Kunpeng, Huawei Cloud Stack, and Pangu models. By embedding AI into every core stage of production—ironmaking, steelmaking, rolling, and quality inspection—NISCO is forging green and high-end AI-powered super steel plants.

Unlike general-purpose monolithic models, YuanYe innovatively fuses multiple AI models with the steel industry’s metallurgical mechanism models to create a dual-drive, multi-model cluster architecture. This architecture features a “right brain” for probabilistic computing and a “left brain” for precise and scientific decision-making. Powered by massive amounts of sensing data aggregated from millions of operational technology (OT) data points across 26 business domains, NISCO has achieved real-time digital twin mapping within its intelligent operations center, laying solid data and scenario foundations for YuanYe. This enables the entire steelmaking process to become not only visible, but also capable of precise control and intelligent assessment. Now 100% of NISCO’s key equipment is connected and digitally controlled and its new product R&D cycles have been shortened by 50%, reducing annual costs by over CNY100 million (approx. US$15 million).

As the model continues to iterate, NISCO had launched 25 business agents by October 2026. These agents cover a wide range of scenarios, from visual quality inspection and process optimization to production scheduling and operations management, setting a new benchmark for digital and intelligent steel transformation.

NISCO's hot-rolling production line in its heavy plate plant
NISCO’s hot-rolling production line in its heavy plate plant

Breakthroughs in four core scenarios: YuanYe redefines traditional operations for significant safety, efficiency, and quality gains

  • In the ironmaking stage, AI makes traditionally invisible blast furnaces transparent. YuanYe leverages blast furnaces’ internal sensor data and metallurgical mechanism analysis to perform real-time dynamic simulations of the ironmaking process. Assisted by furnace temperature prediction and health diagnosis models, furnace operators can predict temperatures and identify issues two hours in advance, with over 90% accuracy. This shifts furnace operations from reactive post-event remediation to proactive pre-control, increasing prime-grade molten iron yield by over 10% while significantly cutting unit energy consumption.
  • In the rolling stage, AI drives precise predictions and codifies expert experience to enhance the operational stability of steel rolling and secure leadership in product quality. To tackle the highly dynamic and complex operating conditions during the rolling process, YuanYe’s rolling-force prediction model achieves millisecond-level response, narrowing the thickness tolerance to ±0.2 mm and reducing the steel thickness deviation to 1.9% to reach a world-leading standard. The rolling-force hit rate has jumped from 88% to 98%, supporting a steady annual output of over 2.5 million tons of steel plates and increasing the overall yield rate by 0.5%. Enhanced dimensional precision and physical-chemical stability allow NISCO’s products to meet demanding steel specifications across diverse applications, ranging from mega stadiums and oil pipelines to 10,000-ton cruise ships and LNG storage tanks.
  • In quality inspection, the synergy between robots and AI models serves as a discerning “eagle eye”, doubling metallographic inspection efficiency. During metallographic inspection for finished steel, the integrated smart metallographic inspection system built on YuanYe has achieved full-process automation, covering sample grinding and polishing, image acquisition, and smart grading. Inspection accuracy has risen to over 95%, while per-sample inspection time has been shortened from 10 minutes down to 3–5 minutes. This 80% increase in overall inspection efficiency frees human operators to focus on anomaly analysis and high-level decision-making.
  • In the energy and environmental control stage, NISCO leverages the YuanYe architecture to develop the S-Link Intelligent Agent for Gas and Flue Gas Sulfur Control. Integrating 602 process parameters alongside multi-modal image and knowledge capabilities, the agent achieves a smart closed loop across source prediction, process optimization, and end-of-pipe compliance. By combining mechanism inversion with time-series forecasting, it issues precise sulfur-risk warnings one hour in advance, achieving a sulfur prediction accuracy of over 95%. Operational optimization algorithms then calculate the optimal gas blending scheme within seconds. Finally, game-theoretic models dynamically allocate emission quotas, slashing natural gas co-firing consumption by nearly 50%. This has reduced downtime caused by emission exceedance by over 25%, and delivered more than CNY600,000 (approx. US$90,000) in annual economic benefits—securing both environmental compliance and drastic cost reduction.

From automating labor to empowering people: Defining a new paradigm of inclusive AI

Li Jinyan, General Manager of the Digital and Intelligent Integrated Development Department and Director of the AI Research Institute at NISCO, said: “Digital and intelligent transformation is inherently human-centric. Its purpose is not to replace people, but to unleash human potential. Our goal is to lift employees out of the endless sea of data, empowering them to direct their creative energy toward work of higher value.” To date, NISCO has deployed over 300 AI models across its plants, alongside more than 1,000 low-code agents and lightweight applications built independently by frontline employees.

As Cheng Yongfu, Senior Industrial Solution Expert at Huawei’s Steel & Non-ferrous BU, noted: “The real value of industrial AI can only be realized when it expands from single-point applications to comprehensive integration with production, operations, and management, which can unlock sustained, scalable empowerment.”

Looking ahead, as model deployment expands and computing demands continue to grow, NISCO will team up with Huawei and other partners to explore the construction of dedicated data centers for smart steel plants. Centered on the AI-native three-tier architecture (AI-native OS, AI-native factory, and AI-native enterprise) and powered by the YuanYe model, NISCO is accelerating high-quality steel development, aiming to provide a replicable and scalable benchmark for the digital and intelligent transformation of the global steel and manufacturing industries.

Hashtag: #Huawei #NISCO

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

By Nantoo Banerjee The long-drawn Ukraine-Russia war seems to be turning out to become the world’s largest and most expensive proxy war in the modern era, in which the European Union and the United Kingdom have so far spent nearly $300 billion on Ukraine to tame Russia. The Syrian civil war since 2011 may be […]

The article The UK, EU Spent Billions On Ukraine To Proxy-Fight Russia appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Singapore and Saudi Arabia have agreed to pursue underground crude oil storage on Jurong Island from the second half of 2027, strengthening supply safeguards amid disruptions caused by the war involving Iran. The two governments announced the proposed arrangement on Monday as Saudi Aramco exchanged a memorandum of understanding with Singapore’s Energy Market Authority and industrial infrastructure agency JTC Corporation during Singapore International […]

Arabian Post Staff -Dubai King Khalid International Airport in Riyadh reopened Terminals 1 and 2 on Sunday, October 25, assigning domestic services to the first and international flights operated by Saudi national carriers to the second after a suspension linked to Houthi attacks. The airport announced the arrangements on Saturday in a passenger advisory circulated through its social media channels. It urged travellers holding confirmed reservations to […]

By K Raveendran Escalating tensions between the United States and Iran are threatening to push global oil markets into another period of turbulence, but India has found an unexpected measure of protection in President Donald Trump’s decision to ease sanctions on Russian energy. The policy reversal, driven partly by Washington’s own need for Russian diesel, […]

The article India Gains Crucial Oil Lifeline Amid Iran Tensions And Crude Oil Spikes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The United States is reducing staffing at four Middle Eastern embassies after intelligence officials warned that Iranian plots targeting Americans had reached advanced stages, adding to security concerns arising from Houthi attacks on Saudi Arabia. The State Department is adjusting personnel levels at its missions in Jordan, Lebanon, Qatar and the United Arab Emirates, while maintaining operations at those posts. The changes follow an order requiring non-emergency […]

Thailand has attracted 35 advanced materials investment proposals worth approximately $690 million as demand for artificial intelligence hardware, electric vehicles and clean-energy equipment encourages manufacturers to expand local production.

The Thailand Board of Investment (BOI) said on Saturday that applications submitted between 2023 and the first half of 2026 totalled 23.5 billion baht. The proposed projects cover specialised components and industrial materials used in electronics, batteries, electric motors and hydrogen technologies.

The figures represent investment applications rather than completed expenditure. The agency did not provide a breakdown of project approvals, construction schedules or the amount already invested, leaving the pace at which the proposed capacity will become operational unclear.

Narit Therdsteerasukdi, secretary-general of the BOI, said domestic production of sophisticated materials could reduce dependence on imports and allow Thai suppliers to participate in higher-value international manufacturing networks. The agency wants to develop industries supplying essential inputs rather than relying principally on assembly operations.

The applications include multilayer ceramic capacitors, graphite films used for heat management, engineered ceramics, neodymium magnets, materials for batteries and fuel cells, and specialised glass and quartz fabrics used in printed circuit boards. Nanomaterials for precision manufacturing are also represented.

Such products are important to increasingly powerful computing equipment. Multilayer ceramic capacitors help regulate electrical power in electronic circuits, while graphite films dissipate heat generated by densely packed components. The BOI said a high-end AI server can contain as many as 30,000 ceramic capacitors, illustrating the scale of demand associated with advanced computing infrastructure.

Among the companies identified by the agency, Taiwan’s Fultech Fiber Glass produces glass fabrics for circuit boards, including higher-performance varieties suitable for AI servers. Jones Tech manufactures synthetic and natural graphite films designed to transfer heat away from electronic devices.

Other projects target electric transport and energy storage. BGN Thai produces coated foils for lithium-ion batteries, while Phinis Well manufactures neodymium magnets used in electric motors. Xinyuan Graphite supplies bipolar plates for hydrogen fuel cells, extending the range of technologies covered by the investment pipeline.

CoorsTek Advanced Materials, part of the US-based ceramics group CoorsTek, has invested in engineered ceramics used in automotive pressure sensors and silicon nitride balls for hybrid bearings. Those bearings have applications in electric vehicles and wind turbines. Golden Egret Cemented Carbide produces tungsten carbide powders for precision cutting tools.

Thailand already hosts established electronic component manufacturers, including Japan’s Murata Electronics and Kyocera AVX Components. The BOI cited these operations as part of the industrial base supporting the proposed expansion into more specialised upstream production.

The announcement follows broader growth in investment applications for technology-intensive industries. BOI figures released for the first half of 2026 showed total applications rising 37 per cent from a year earlier to approximately 1.47 trillion baht across 1,299 projects. Digital infrastructure, including data centres, accounted for a substantial share of the total.

Those economy-wide figures are separate from the 23.5 billion baht advanced materials pipeline, which covers applications accumulated over a longer period. Comparing the two as if they represented the same reporting window would overstate the scale of the materials industry’s immediate expansion.

The government’s electronics strategy has also focused on printed circuit boards, a manufacturing segment closely linked to AI servers and communications equipment. Authorities announced approvals for further expansion by three circuit-board manufacturers involving more than $668 million in investment, with over 5,000 additional jobs expected from those projects.

Electric vehicle manufacturing provides another source of potential demand. BOI data published in September placed cumulative approved investment across Thailand’s electric vehicle supply chain at approximately $4.59 billion through August, covering vehicle assembly, batteries and key components. That total concerns a different investment category and should not be added to the newly disclosed applications without checking for overlap.

Narit said the agency would continue supporting research, technology development and workforce training alongside investment promotion. Its stated objective is to increase the share of advanced materials and components manufactured domestically for regional and international customers.

The investment drive also reflects Thailand’s efforts to attract suppliers serving multiple industries, rather than individual product categories. Manufacturers of specialised materials can potentially supply electronics, automotive and renewable-energy customers through overlapping production capabilities and established distribution networks.

The BOI calculated the dollar equivalent of the latest proposals using an exchange rate of approximately 33.76 baht to the US dollar. The agency, established in 1966, administers investment promotion for both domestic and foreign businesses.

By T N Ashok NEW YORK: The latest diplomatic signals from Washington and New Delhi suggest that a prolonged India–US trade confrontation may finally be approaching a settlement. US President Donald Trump says a deal is close. Secretary of State Marco Rubio, after meeting External Affairs Minister S. Jaishankar in Mumbai on October 20, has […]

The article India-U.S. Trade Deal Draft Is Ready, But Still There Are Few Gaps appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Ericsson, Play and Asseco have demonstrated a system for detecting unauthorised drones in Poland, combining radio sensing, acoustic monitoring and mobile connectivity, but have not deployed the technology across the country’s 18,000 telecommunications sites. The companies disclosed details on Thursday of a live demonstration conducted on 15 October at Ericsson’s research and development centre in Kraków. The trial illustrated how existing communications infrastructure could support surveillance of […]

Arabian Post Staff -Dubai Saudi Arabia intercepted and destroyed a ballistic missile heading towards Riyadh early on Saturday, while coalition forces also brought down a drone in the kingdom’s Eastern Region, military officials said. Major General Turki Al-Malki, spokesman for the Saudi-led Coalition to Restore Legitimacy in Yemen, announced the interceptions in separate statements. He attributed the missile launch to Yemen’s Houthi movement, which has intensified cross-border […]

BANGKOK, THAILAND – Media OutReach Newswire – 24 October 2026 – Makers of the capacitors, magnets and battery materials inside AI servers and electric vehicles (EVs) are lining up to invest in Thailand. Since 2023, they have filed 35 advanced materials projects worth about $690 million (23.5 billion baht) with the Thailand Board of Investment (BOI), the government’s investment promotion agency. Surging demand for AI, EVs, and clean energy is pushing global suppliers to build upstream capacity in the country.

Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI)
Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI)

The projects, filed through the first half of 2026, cover multilayer ceramic capacitors (MLCCs), thermal graphite films, high-performance ceramics, battery and fuel-cell materials, neodymium magnets, glass and quartz fabrics for printed circuit boards, and nanomaterials for precision manufacturing. Together they mark a shift for one of Southeast Asia’s largest economies from downstream assembly toward the high-value materials on which future industries are built.

In AI computing and clean energy, lighter, more heat-resistant and more conductive materials determine how well devices perform. MLCCs are essential components in products from smartphones to AI servers, and a single high-end server can use up to 30,000 of them.

“The world is moving toward products that are smaller and lighter, yet stronger and more efficient,” said Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment. “Producing advanced materials in Thailand is key to building sustainable industrial capacity, reducing reliance on imports, and opening the door for Thai companies to join higher-value supply chains.”

Thailand is already a production base for leading component makers, including Japan’s Murata Electronics, which holds more than 35 percent of the global MLCC market, and Kyocera AVX Components, the world’s top tantalum capacitor maker. Among the new projects, Taiwan’s Fultech Fiber Glass makes glass fabric for printed circuit boards, including high-performance grades for AI servers. Jones Tech produces synthetic and natural graphite films that carry heat away from electronic devices.

Beyond electronics, the projects strengthen supply chains for electric vehicles, batteries, and clean energy, from BGN Thai’s coated foils for lithium-ion batteries and Phinis Well’s neodymium magnets for EV motors to Xinyuan Graphite’s bipolar plates for hydrogen fuel cells.

CoorsTek Advanced Materials, a subsidiary of US-based CoorsTek — a global leader in engineered ceramics for the semiconductor and aerospace industries — has invested in producing ceramics for automotive pressure sensors and silicon nitride balls for hybrid bearings in EVs and wind turbines. Golden Egret Cemented Carbide is making tungsten carbide powders for precision cutting tools, reinforcing Thailand’s base for high-precision manufacturing.

“The advanced materials industry taking root in Thailand today is the foundation of tomorrow’s supply chains in electronics, EVs, batteries, and clean energy,” Mr. Narit said. “The BOI will keep building this investment base, strengthening upstream materials and components, and supporting R&D, technology, and workforce development, to move Thailand from downstream to upstream production and make it the region’s advanced materials hub.”

Note: USD conversions are based on the Bank of Thailand’s average selling rate of approximately 33.76 baht per USD.

Hashtag: #Thailandboardofinvestment #BOI #FDI #Investment

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

Thailand Board of Investment (BOI)

Established in 1966, the Thailand Board of Investment (BOI) has spent six decades promoting high-value investment from both foreign and Thai investors, strengthening the country’s competitiveness and driving its transition toward a sustainable, balanced new economy.

Investment Services Center — PR Section, Office of the Board of Investment (BOI)

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok 10900 Tel. +66 (0) 2553 8111, Fax +66 (0) 2553 8222

Exploring Emerging Opportunities in AI, Smart Supply Chain Management, ESG and Sustainability

Free Admission Open for Public Registration Now

HONG KONG SAR – Media OutReach Newswire – 24 October 2026 – Amid the reshaping of global supply chains, the rapid advancement of artificial intelligence (AI) technologies, and the rise of emerging industries such as the low-altitude economy, the logistics industry is entering a new wave of smart transformation. Organised by the Hong Kong Productivity Council (HKPC) and funded by the Logistics Promotion Funding Scheme (LPFS) under the Maritime and Aviation Training Fund of the Transport and Logistics Bureau of the HKSAR Government, LogTech Expo 2026 will take place on 29 October (Thursday) at the InnoCentre in Kowloon Tong. Under the theme “Smart-Driven Transformation, Leading the Future of Logistics”, the Expo will bring together more than 50 logistics, supply chain and innovation and technology enterprises, alongside logistics industry leaders and experts, to share insights through a series of forums and discussions. The event will provide a one-stop platform for the industry to stay abreast of the latest logistics technology trends and developments. Admission is free, and online registration is now open.

As one of the major annual events in Hong Kong’s logistics technology sector, the Expo will feature the latest applications and achievements in smart logistics. From AI and big data analytics, smart warehousing and robotics, and automated supply chain management systems, to cross-border e-commerce logistics, green logistics, new energy transportation and drone delivery solutions, visitors will be able to experience first-hand how technology is reshaping logistics operations and helping enterprises enhance efficiency and competitiveness.

Renowned Enterprises and Organisations Showcase the Entire Smart Logistics Value Chain
This year’s Expo will bring together renowned brands and organisations from the logistics and technology sectors, including SF Supply Chain, Hong Kong Customs and Excise Department, Hongkong Post, Auto-ID Technology, HSM Industrial Solution, Tradelink, GS1 Hong Kong, ShipAny and Axis Communications, showcasing innovative solutions that support digital transformation and intelligent operations across the logistics industry. Visitors can explore the following technology zones:

  • AI and Data Applications Zone: Leveraging AI, big data and automation technologies to enhance logistics planning and operational efficiency;
  • Smart Warehousing and Robotics Zone: Showcasing intelligent sorting systems, automated warehousing and robotics solutions;
  • Smart Supply Chain and Digital Platform Zone: Featuring WMS, TMS and digital supply chain management systems;
  • Cross-border E-commerce and Delivery Zone: Showcasing innovative models in global fulfilment and smart delivery;
  • ESG and Green Logistics Zone: Focusing on new energy transportation, carbon reduction technologies and sustainable logistics development;
  • Low-Altitude Economy Zone: Exploring emerging applications such as drones and last-mile delivery solutions.

Visitors will not only be able to learn how innovative technologies are applied in real-world business scenarios but also engage directly with solution providers and industry experts to explore opportunities for collaboration and transformation.

10 Thematic Seminars and Sharing Sessions Focus on the Future of Logistics
In addition to the exhibition, the Expo will feature 10 thematic forums and technical sharing sessions covering key industry topics including AI, supply chain digitalisation, cross-border e-commerce, the low-altitude economy and logistics innovation.

The opening seminar, “Smart Tools for Logistics: Practical AI Applications and Insights”, will be moderated by Ryan IP, Vice President and Executive Director of the Public Policy Institute of Our Hong Kong Foundation, and feature a panel comprising Professor Kee-hung LAI, Head of the Department of Logistics and Maritime Studies and Chair Professor of Shipping and Logistics at The Hong Kong Polytechnic University; Sunny HO, MH, JP, FCILT, Executive Director of the Hong Kong Shippers’ Council; Keno Tai-yip CHEUNG, President of The Chartered Institute of Logistics and Transport in Hong Kong; and Suki CHEUNG Shuk-ming, Chief Executive Officer of MG Ship. Together, they will discuss how AI can enhance logistics operational efficiency, drive supply chain digitalisation, and support Hong Kong’s development as a smart logistics hub.

In addition, experts from organisations including Profit Sky International Industrial, ShipAny, Tradelink, Axis Communications and GS1 Hong Kong will share real-life business cases, enabling visitors to gain deeper insights into digital twins, cross-border e-commerce, supply chain visibility and AI applications in logistics.

Promoting Cross-sector Collaboration to Shape the Future of Logistics
The Expo is supported by more than 20 industry organisations, including the Airport Authority Hong Kong, Cathay Cargo, Hong Kong Shippers’ Council, Hong Kong Logistics Association, Chartered Institute of Logistics and Transport in Hong Kong, Cyberport and the Logistics and Supply Chain MultiTech R&D Centre. It serves as an effective platform for industry exchange and business matching, fostering innovative collaboration and industry upgrading.

Admission is free. Logistics practitioners, supply chain professionals, manufacturers, e-commerce businesses, technology solution providers, academics, and members of the public interested in the development of logistics technology are welcome to attend.

Event Details
LogTech Expo 2026
Date: 29 October 2026 (Thursday)
Time: 10:00 am – 5:30 pm
Venue: InnoCentre, 72 Tat Chee Avenue, Kowloon Tong
Admission Fee: Free (Advance registration required)
Register Now: https://campaigns.hkpc.org/zh-hk/tc-rsvp-logtech_expo_2026
Exhibitor List: View Exhibitor List

Hashtag: #HKPC

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

About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: .

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
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