The UAE has rolled out a broad overhaul of its residency and visa framework, introducing new visit-visa categories and tightening eligibility criteria as part of a wider effort to reinforce its standing as a global destination for talent, business activity and long-term investment. The reforms, approved by the Federal Authority for Identity, Citizenship, Customs and Port Security, standardise durations and sponsorship rules across multiple permit types while […]
Arabian Post Staff -Dubai Abu Dhabi sovereign investor ADQ has closed a $5 billion five-year syndicated term financing deal in the Greater China region, strengthening its liquidity while broadening access to Asian capital markets at a time of shifting global funding dynamics. The transaction marks one of the largest offshore syndicated loans secured by a Middle East sovereign-backed investor this year and reflects sustained appetite among Asian […]
HANOI, VIETNAM – Media OutReach Newswire – 25 December 2025 – Vingroup announced the signing of a Memorandum of Understanding (MOU) with the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan to promote cooperation and implement multi-sector projects in Uzbekistan. The agreement marks the beginning of a long-term cooperation plan between the two sides across multiple key sectors, while opening large-scale investment opportunities for the Vietnamese corporation in Central Asia, contributing to the strengthening of economic and investment ties between Vietnam and Uzbekistan.
Mr. Kasimov Ilzat Ablaxatovich, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan (left), and Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup (right), at the signing ceremony of the Memorandum of Understanding (MOU).
Under the MOU, the two parties agreed to jointly study and develop strategic cooperation opportunities in areas such as urban development, sustainable transportation, tourism and leisure infrastructure, as well as other investment projects aligned with Uzbekistan’s development orientation, affirming the scale and capabilities of Vietnamese enterprises on the global economic map.
Specifically, in the area of urban development, Uzbekistan is ready to allocate approximately 1,000 hectares of land in a prime location of the capital Tashkent for Vingroup to study, propose, and invest in the development of a large-scale, integrated urban complex. The project would include residential areas, living infrastructure, commercial and cultural facilities, and public infrastructure facilities. The development is envisioned to form a “Vietnam Town”, creating a modern and sustainable urban landmark while enhancing cultural exchange and economic cooperation between the two countries.
In the field of sustainable transportation, Vingroup has proposed studying the deployment of electric taxi and urban mobility services using VinFast electric vehicles in Uzbekistan, together with a charging infrastructure system and support services. The project is expected to contribute to the green transition, reduce emissions, and improve the quality of urban transportation services in major Uzbek cities.
In tourism and leisure infrastructure, the two sides will explore the potential development of integrated tourism and recreational center, including entertainment facilities, hotels, golf courses and related tourism infrastructure, aiming to unlock tourism potential and enhance Uzbekistan’s attractiveness to international visitors.
In addition, this strategic cooperation also establishes a framework for the two parties to identify, assess, and select other potential investment projects that align with the development strategies and long-term priorities of each side.
On the Uzbek government’s side, the Ministry of Investment, Industry and Trade committed to supporting Vingroup by providing information on the investment environment, legal framework, and incentive policies, as well as coordinating with relevant authorities and local governments in project preparation, including land allocation, licensing, and access to investment support mechanisms in accordance with legislation.
On Vingroup’s side, the Group will propose conceptual proposals, technical expertise and investment plans, participate in feasibility studies and project structuring, and mobilize member companies within the Vingroup ecosystem to implement suitable projects in Uzbekistan.
Mr. Kasimov Ilzat Ablaxatovich, Deputy Minister of Investment, Industry and Trade of Uzbekistan, stated: “We welcome Vingroup’s interest and commitment to cooperation in Uzbekistan. With its experience in urban development, sustainable transportation, and infrastructure projects, Vingroup is considered a strategic partner to jointly explore and implement investment initiatives aligned with Uzbekistan’s socio-economic development priorities in the coming period.”
Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, shared: “Uzbekistan is a market with strong potential, supported by a clear development direction and an improving investment environment. Through this Memorandum of Understanding, Vingroup aims to gradually explore suitable cooperation opportunities and work alongside the Government of Uzbekistan in developing urban areas, sustainable transportation, and sectors that bring positive contributions to local communities.”
Uzbekistan holds a strategic position in Central Asia, with a growing economy and strong potential in urban development, infrastructure, tourism, and services. The Government of Uzbekistan is actively promoting reforms and attracting foreign investment to drive sustainable economic growth and international integration.
Vingroup is Vietnam’s leading private multi-sector corporation, operating across six core pillars: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture, and Social Enterprises, with the vision “To create a better life for people”. With its proven reputation, scale and capabilities, Vingroup is steadily expanding globally, contributing to elevate the global standing of Vietnamese enterprises.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
CAN GIO, VIETNAM – Media OutReach Newswire – 25 December 2025 – In 2024, when Hines released its seminal report Why Asia Now, the message was simple yet profound: The world’s most compelling growth story was shifting eastward. At that time, global markets were turbulent but still predictable.
Vinhomes Green Paradise: A Hidden Gem Poised to Shine in Vietnam’s Real Estate Market.
A year later, the landscape has morphed into something far more complex, rippling with tariff shocks, persistent inflation, rising bond yields, and growth downgrades across traditional economic powerhouses. The world feels as if it is moving through a narrow channel, buffeted by waves from every direction. And yet, amid all the noise, Asia has not only held its ground but stepped forward with a clarity and confidence that few regions can match.
Why Asia Now: A New Era of Resilience, Growth, and Opportunity
The forces shaping Asia’s rise have been gathering momentum for decades. What we are witnessing now is their convergence. Asia is not simply adapting to global volatility, it is redefining the foundations of resilience and growth. Its economies are becoming wealthier, stronger, and more self-reliant, and its real estate markets are revealing layers of opportunity that long-term investors have waited years to see.
The near-term picture, though challenged, underscores this resilience. Tariffs have uneven effects, and countries with strong domestic engines such as Australia are absorbing shocks with surprising ease.
But it is the longer horizon that illuminates Asia’s true arc. The region’s working-age population and middle class have expanded at a breathtaking pace, setting the stage for decades of consumption-led dynamism. Education levels are rising, service sectors are flourishing, and manufacturing capabilities are climbing the value chain.
Meanwhile, intra-Asia trade has quietly become the backbone of global commerce, with Asia-to-Asia routes now forming the largest share of world trade. As the region turns inward, not in isolation, but in self-reinforcing collaboration, Asia ex-China is projected to contribute more to global growth than the United States and Europe combined.
Real estate, often seen as a mirror for economic sentiment, is telling a similar story. Transaction volumes across Asia have been less volatile than those in Western markets, and pricing has remained more stable, offering a predictable return profile. Supply constraints, elevated construction costs, and a decade-low pricing position relative to long-term trends are creating what can only be described as an extraordinary entry window.
Why Capital is Flowing into Vietnam
If Asia’s trajectory could be captured in a single idea, it would be the beginning of a Value Uprising, a structural rise in long-term asset worth, powered by demographics, policy, and economic integration, rather than speculation.
From this continental narrative emerges Vietnam, a nation whose ascent is increasingly impossible to ignore. Over the past decade, Vietnam has transformed from a rising star into a gravitational force for global investors. Supply chain diversification has accelerated its role as a manufacturing and logistics nexus. Even with global tariffs shifting, Vietnam’s logistics sector continues to expand in sophistication, efficiency, and international relevance. Its demographic profile, marked by a median age years younger than China, offers a demographic dividend that many Asian economies have already spent. And as Southeast Asia’s digital backbone grows, Vietnam is stepping into the spotlight as one of the region’s next major data-center markets, a signifier of future industrial depth.
Ho Chi Minh City, in particular, has entered a new chapter. Its standing among Asia-Pacific cities for investment and development has climbed steadily, reflecting not only macroeconomic resilience but the confidence of global capital. It has become a symbolic frontier, an emerging metropolis where the contours of modern Asia are being redrawn.
At the heart of Vietnam’s momentum lies another extraordinary phenomenon: The consistent and rising flow of remittances. Vietnam ranks among the world’s top recipients, and Ho Chi Minh City alone welcomed over USD 9.46 billion in 2023, USD 9.6 billion in 2024, and more than USD 5.3 billion in the second quarter of 2025.
A remarkable portion of these funds, around one-fifth, finds its way into real estate. But this is not passive investment. It is a gesture of return, of building a future homeland, of preparing for business, family, and retirement. It is long-term capital with long-term intent.
Vinhomes Green Paradise: A Hidden Gem Poised to Shine in Vietnam’s Real Estate Market
Regulatory reform is reinforcing this trust. The revised Land Law and Real Estate Business Law offer stronger protections and broader rights for Vietnamese citizens, including those living abroad. In a period where global currencies fluctuate and deposit rates decline, investors are increasingly confronting a hard truth: Holding cash is, in many cases, a slow erosion of value. As economist Can Van Luc notes, the VND has lost 3.4 percent of its value in two years, even as the USD depreciated. Real estate, therefore, is not merely an alternative, it has become one of the few asset classes capable of preserving and multiplying value in real terms.
Against this backdrop, regions entering new cycles of infrastructure development are drawing accelerated capital inflows. And among them, one name rises above all others: Can Gio.
For decades, Can Gio stood quietly at the edge of Ho Chi Minh City, an ecological jewel, admired but distant. Today, it has become the most powerful symbol of Vietnam’s coastal urban future. Massive infrastructure investment is reshaping its accessibility, and yet its real estate prices remain a fraction of central districts. Compared to Phu My Hung, Can Gio’s price base is nearly half; compared to Districts 1 and 3, just one-fifth. The gap is not a discount, it is untapped potential waiting to be realized.
The emergence of Vinhomes Green Paradise has pushed this transformation into global consciousness. As the first official participant in the New7Wonders “7 Wonders of Future Cities” campaign, the project is channeling the same catalytic energy once witnessed in iconic developments. Internationally, such recognitions do not merely elevate prestige, they accelerate valuation cycles, attract global capital, and redefine a city’s future skyline.
With its one-of-a-kind geographic formation and proximity to Can Gio’s million-year-old biosphere reserve, Vinhomes Green Paradise stands as a once-in-a-century asset. It embodies scarcity in its purest form, an asset class that cannot be replicated, reshaped, or reborn elsewhere.
And that is where the narrative converges. Asia’s rise, Vietnam’s momentum, Ho Chi Minh City’s evolution, and Can Gio’s emergence are not isolated stories. Together, they form a new investment epoch characterized by structural uplift, demographic acceleration, and a rapidly expanding middle class. It is the era of the Value Uprising, a phase in which the forces of economics, policy, population, and global capital align to propel real estate into a new price horizon.
In moments like this, markets rarely wait. History shows that investors who move early define the benchmark for everyone who follows. The question is no longer whether Asia will rise, or whether Vietnam will lead, or whether Can Gio will transform. The question, now, is whether investors will seize a moment that may not return for another generation.
Positioning Vietnam as Production-Export Hub to Global Markets, with SCGD Leading Decorative Surface Materials and Ceramic Tiles Market Ready to Drive Cement Business Expansion of Low-Carbon Products to Global Markets
HCMC, VIETNAM – Media OutReach Newswire – 25 December 2025 – SCG continues its Regional Optimization strategy, positioning Vietnam as a Strategic Hub in the ASEAN region for manufacturing and exports to global markets. SCG Decor (SCGD) supports PRIME GROUP in expanding production capacity for high-quality tiles to meet growing demand. The cement and building materials business in Vietnam is accelerating development of low-carbon cement for both domestic sales and global exports under the Green Building policy to create sustainable growth while enhancing quality of life.
Mr. Kulachet Dharachandra, Country Director – Vietnam, SCG, stated: “Vietnam is a strategically important country for SCG, with total investments exceeding 7 billion US dollars across 28 companies, representing 28% of SCG’s total assets. This covers chemicals, cement, building materials, packaging, and logistics businesses to serve both domestic and export market demands, enhancing competitive capabilities and building comprehensive production and supply chain potential.
Under the Regional Optimization strategy, SCG combines the strengths of Thailand and Vietnam in digital technology, artificial intelligence and automation, safety standards, and plant management, as well as social, environmental, and governance practices following ESG principles. Vietnam is a high-growth potential market due to its economy, government infrastructure policies, and increasing Green Building trends. It also has consumers with purchasing power for high-quality products and a large consumer base of over 100 million people, plus export potential with efficient production costs, which strengthens sustainable business growth and elevates quality of life in the region.”
SCGD supports PRIME GROUP, Vietnam’s Number One Market Leader of Decor Surface
PRIME GROUP, the flagship business in which SCG acquired shares in 2012, is the market leader of decorative surface materials in Vietnam and will be a key force strengthening SCGD toward its goal of becoming ASEAN leader.
Mr. Numpol Malichai, The Chief Executive Officer and President of SCG Decor Public Company Limited, stated: “Vietnam’s economy is growing, the middle class is expanding, and the real estate market is recovering in mid-range to premium residential projects that favor Glazed Porcelain (GP) tiles, leading to continuously increasing demand for these products.
PRIME has sales revenue of approximately 5,500 million baht with total production capacity of around 80 million square meters. The company plans to invest in expanding GP tile production capacity from 19 million square meters in 2025 to 25.6 million square meters in 2026, targeting expansion to 45 million square meters by 2030 to align with increasing demand. PRIME can also manage and control production costs of GP tiles to be able to competitive with the products from world-class competitors. This cost advantage supports PRIME to become the strategic production and export base of SCGD, strengthening the Regional Optimization strategy for sustainable growth.
In response to market change and maintain competitive level, PRIME invested in Biomass Gasifier systems at the Pho Yen plant to replace fossil fuel with biomass, thereby reducing energy costs and greenhouse gases, supporting Vietnam to become the strategic export hub to ASEAN and other countries. Furthermore, PRIME’s products meet customers’ needs of all market segments with product offering that covers innovative design and health and safety functions that are well-recognized throughout the Asian region. This supports business growth along with environmental care enhancement. Additionally, SCGD grows bathroom business and strengthens COTTO brand in the ASEAN market with over 44 distributors appointed in Vietnam, as well as growing Complementary products such as adhesive and grout, and others.”
SCG Low-Carbon Cement Supports Vietnam’s Infrastructure and Green Cities, Advancing Its Role as a Global Export Hub
SCG Cement and Building Materials has operated in Vietnam for more than 20 years, with 11 companies across the cement, roofing, and building materials businesses. With production bases located in the central and southern regions, the company supports domestic market growth while also serving as a strategic manufacturing hub for exports to global markets.
Mr. Wichet Chuchaeu, Country Director – Vietnam, SCG Cement and Building Materials Business, stated: “Vietnam’s economy continued to expand in 2025, driven by growth in the industrial and construction sectors. Accelerated government infrastructure investment has supported a steady recovery in demand for building materials and cement—especially low-carbon cement, whose growth aligns with national policies such as the 2050 Net Zero Emission commitment and the Green City policy, which targets that by 2050 at least 50% of new urban areas and 10% of all cities nationwide must meet government-defined green city criteria.”
The cement business has an annual production capacity of 3 million tons of clinker and 4 million tons of cement. Vietnam is the best-managed production-cost base among SCG’s regional cement operations, positioning the country not only as a strong domestic supply base but also as a key hub for exports. SCG currently exports both low-carbon cement and clinker to America, Europe, Africa, Oceania, and Asia.
SCG Cement continues to enhance environmental performance through the use of alternative and recycled materials, reduced coal consumption via alternative fuels such as biomass and refuse-derived fuel (RDF), and the implementation of Waste Heat Recovery (WHR) systems that significantly reduce natural resources, lower energy consumption and reduce CO2 emission.
These initiatives have earned SCG recognition through international environmental standards, including Singapore Green Building Product certification and International Environmental Product Declaration (EPD) System certification—affirming sustainability from production through to finished products.
“Our investment strategy and production cost optimization under the Regional Optimization concept have strengthened SCG’s competitiveness. Vietnam is now positioned as a central hub for manufacturing and exporting quality products to global markets. This supports growing demand for high-quality surface materials and environmentally friendly building materials, contributing to green city development and sustainably enhancing the quality of life for people in Vietnam and the region.”, Mr. Kulachet concluded.
Hashtag: #SCGCement
The issuer is solely responsible for the content of this announcement.
By K Raveendran As 2026 approaches, the global oil market is heading into a year that could decisively reshape price dynamics, fiscal planning in producing states, and energy security calculations for importing economies. The defining feature of the coming year is not demand destruction or geopolitical shock, but the growing weight of surplus supply. Market […]
Dubai’s hospitality sector is gearing up for one of its busiest periods as year-end celebrations converge with large-scale retail promotions, major events and a packed tourism calendar, pushing hotels to prepare for near-capacity occupancy and heightened guest expectations across all segments. Advance bookings across prime locations have surged as visitors plan stays around fireworks displays along the coastline and landmarks, extended shopping hours, concerts and family attractions […]
Thailand is moving quickly to reshape the digital map of Southeast Asia, with a surge in data centre construction and artificial intelligence investment shifting the country from a long-standing data transit role to a regional convergence point. New facilities clustered around Bangkok, Chonburi and the Eastern Economic Corridor are altering traffic flows, shortening latency across borders and drawing cloud, AI and content providers seeking scale outside established hubs.
The expansion reflects a change in how data moves across the region. Historically, much east-west traffic between South Asia, Greater China and the Pacific routed through Singapore before fanning out. With hyperscale campuses multiplying in Thailand, workloads are increasingly being processed and stored closer to end users, easing congestion and improving resilience. Network operators say the shift is visible in peering arrangements and cross-border fibre utilisation, with Bangkok emerging as a preferred interconnection point.
Policy has been a key driver. Authorities have offered investment incentives, fast-tracked permits and clarified power and land-use rules to attract large campuses. Grid upgrades and new renewable capacity have been prioritised to address the energy intensity of AI-ready facilities. The strategy aligns with a broader push to anchor higher-value digital services domestically, from cloud platforms and analytics to language models and industry-specific AI tools.
Global technology firms are responding. Cloud providers including Google, Microsoft and Amazon Web Services have expanded or announced investments to serve regional customers from Thai infrastructure, while chipmakers and systems integrators are working with local partners to deploy accelerated computing suited to AI training and inference. Industry executives cite Thailand’s central geography, improving power availability and maturing regulatory environment as decisive factors.
Domestic players are also scaling up. Telecom operators and property developers have formed joint ventures to build carrier-neutral sites, while energy companies are pairing data centres with solar and gas assets to stabilise supply. Universities and research institutes are increasing AI programmes to address talent gaps, with a focus on data engineering, cybersecurity and model governance. The goal is to ensure that infrastructure growth translates into local capability rather than pass-through capacity.
Competition across the region remains intense. Singapore retains strengths in finance, regulation and dense interconnection, but land and power constraints have pushed expansion elsewhere. Malaysia and Indonesia are adding capacity to serve fast-growing domestic markets, while Vietnam is drawing manufacturing-linked digital workloads. Against that backdrop, Thailand is positioning itself as a neutral aggregation point serving multiple neighbours within ASEAN, balancing scale with proximity.
Connectivity improvements underpin the shift. New submarine cable routes landing on both coasts, alongside terrestrial links to neighbouring countries, are diversifying paths and reducing dependence on a single choke point. Operators say this redundancy matters as enterprises distribute AI workloads across regions for cost, performance and regulatory reasons. Financial services, e-commerce and media firms are increasingly adopting multi-cloud strategies that favour locations offering reliable interconnection.
AI demand is shaping design choices. Facilities are being built with higher power densities, advanced cooling and space for accelerated hardware to support model training, while edge nodes closer to population centres handle inference and latency-sensitive tasks. This layered approach is changing how content delivery, language services and real-time analytics are deployed across Southeast Asia.
SINGAPORE – Media OutReach Newswire – 24 December 2025 – Woodfibre LNG recently marked 2025 as a year of significant progress across construction, environmental protection and community partnerships, as the project moved deeper into its development phase toward delivering responsibly produced Canadian liquefied natural gas to global markets.
Over the past year, the project advanced from planning into visible, on-the-ground execution. Major construction milestones included the pouring of foundations for key modules, continued progress on marine piling, and further implementation of modular construction techniques designed to reduce on-site footprint while accelerating delivery timelines.
These advancements were achieved through close collaboration with project partners, suppliers and contractors, and in partnership with the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation).
In 2025, Woodfibre LNG, a member of the RGE group of companies founded by Sukanto Tanoto, continued to operate its floatel workforce accommodation solution, designed to minimise pressure on local housing and community services. As of November, two floatels were in active operation, providing high-quality, safe and comfortable living conditions for the project workforce while supporting construction efficiency.
Environmental protection remained a central focus throughout the year. The project’s Marine Mammal Monitoring Programme, which includes hydroacoustic monitoring, exclusion zones and shore-based observation posts, delivered measurable outcomes by enabling real-time operational decisions, including pauses to marine activities when marine mammals entered exclusion areas.
In parallel, remediation of legacy materials from the former pulp mill site continued, with hundreds of thousands of tonnes of historical waste removed. These efforts have contributed to improving site conditions for both local communities and marine and terrestrial ecosystems in Howe Sound.
Woodfibre LNG’s Operator Training Programme, delivered in partnership with the Squamish Nation Training and Trades Centre and the British Columbia Institute of Technology (BCIT), progressed throughout the year. The programme’s first cohort of graduates transitioned into full-time roles, supporting the development of long-term, skilled local employment opportunities linked to the project.
Through its Community Partnership Programme (CPP), Woodfibre LNG continued to invest in local communities across the Sea-to-Sky corridor. In 2025, the programme surpassed $1 million in total grants since its inception, supporting initiatives in sports, healthcare, emergency services, arts and culture, and youth development.
Luke Schauerte, CEO of Woodfibre LNG, said, “2025 has been a year of significant progress for Woodfibre LNG. We are proud of what our team and partners have accomplished together and look forward to building on this momentum in the year ahead.”
With more than half of the project’s development now complete, Woodfibre LNG remains focused on advancing construction safely and responsibly, while maintaining strong partnerships with Indigenous communities, local stakeholders and regulators.
As the project looks ahead to 2026, Woodfibre LNG continues its work toward delivering lower-carbon, responsibly produced Canadian energy to international markets.
The issuer is solely responsible for the content of this announcement.
About Woodfibre LNG
The Woodfibre LNG Project is owned by Woodfibre LNG Limited Partnership, owned 70 per cent by Pacific Energy Corporation (Canada) Limited and 30 per cent by Enbridge Inc. The Woodfibre LNG facility is being built on the site of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of Squamish, B.C. Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in Northeastern British Columbia. Pacific Canbriam is an industry leader in sustainable natural gas production. Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited. Woodfibre LNG is the first industrial project in Canada to recognise a non-treaty Indigenous government, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation), as a full environmental regulator.
BANGKOK, THAILAND – Media OutReach Newswire – 23 December 2025 – Dhanarak Asset Development Co., Ltd. (DAD), the state-owned enterprise responsible for managing Thailand’s Government Complex, has announced the successful transformation of the site into a pioneering green and walkable urban prototype, positioning it as a model for sustainable government-led city development.
City of Green Lifestyles by Dr. Nalikatibhag Sangsnit
Under the leadership of Dr. Nalikatibhag Sangsnit, President of DAD, the multi-year redevelopment program reimagines state-owned land, one that treats public land not as a bureaucratic perimeter, but as shared civic infrastructure that prioritizes people, health, and nature.
Dr. Nalikatibhag Sangsnit, DAD’s President
“For decades, government districts in Thailand were designed to manage paperwork, not people,” Nalikatibhag said. “We wanted to reverse that logic. A city, especially a city owned by the state, must first work for human life: how people walk, how they rest, how they breathe, and how they coexist with nature in their daily routines.”
Before-and-after comparison of Government Complex Bangkok after its green redevelopment
From Bureaucratic Grey to Green Living
The centrepiece of the initiative is the newly opened 5.1-rai landscaped connector between Buildings B and C, a site that once functioned primarily as a traffic corridor and noise buffer. The area has been transformed into a pedestrian-friendly green passage linking offices, transit access points and communal spaces within the Government Complex.
Designed as urban infrastructure, a climate buffer reduces heat, improves water absorption and supports daily movement across the site. It also opens previously restricted government land to wider public use, blurring the boundary between administrative space and the city around it.
The project aligns with Thailand’s broader sustainability frameworks, including environmental, social and governance (ESG) principles and the government’s bio-circular-green (BCG) economic model. Design features focus on expanding tree canopy, increasing permeable surfaces and creating flexible areas that can support exercise, informal gatherings and community activity.
A Scalable Blueprint for State-Led Urban Transformation
Over the past six years, DAD has increased green spaces within the Government Complex by more than 47 rai, and when combined with adjacent landscaped zones, the total reaches over 138 rai, creating one of northern Bangkok’s largest continuous public green areas.
Nalikatibhag describes the City of Green Lifestyles concept not as a one-off redevelopment, but as a template for future public-sector land use, particularly in rapidly urbanising Asian cities where governments remain among the largest landowners.
“This is about proving that sustainability is not an added cost or a branding exercise,” he said. “When green infrastructure is designed as part of the system, when it improves health, reduces stress, lowers energy demand and invites public use, it becomes economically rational and socially inevitable. The role of the state is not only to regulate cities, but to set an example of how cities should be lived in.”
Global Recognition for Innovation
DAD’s sustainability efforts have earned international acclaim. In 2025, the company became the only public-sector organisation to win the Asia-level International Innovation Awards for two consecutive years, recognising its Government Complex Smart City initiative and the GCC Super Application, a digital platform integrating transport, navigation, and public services within the complex.
The awards, selected from more than 160 entries across 30 countries, underscore Thailand’s growing leadership in sustainable and technology-driven public sector transformation.
Redefining the Role of the State in City-Making
Unlike large-scale urban megaprojects, the Government Complex Bangkok initiative relies on system-based, incremental transformation, repurposing existing assets instead of acquiring new land. Urban policy analysts note that this approach provides a scalable blueprint for other governments managing extensive real estate portfolios.
“A government city should not feel separate from everyday life,” Dr. Nalikatibhag said. “If public space eases the intensity of daily life, improves health and restores a sense of balance between people and nature, then governance itself becomes more humane.”
The issuer is solely responsible for the content of this announcement.
Dhanarak Asset Development Co., Ltd.
Dhanarak Asset Development Co., Ltd. is a state-owned enterprise under Thailand’s Ministry of Finance, responsible for managing and developing the Government Complex and related assets. DAD is committed to advancing sustainable, human-centered urban development and creating models for environmentally and socially responsible government infrastructure.
Japan has taken a decisive step towards restarting the Kashiwazaki-Kariwa nuclear power station, the largest such facility in the world by capacity, marking a pivotal moment in the country’s post-Fukushima energy policy. The move follows regulatory clearance and political backing after more than a decade of safety reviews, legal scrutiny and local opposition stemming from the 2011 nuclear disaster. The plant, located in Niigata prefecture on the […]
Taraf, the real estate arm of Yas Holding, has entered a strategic development partnership with Masdar City to deliver Fay Hills, a 153-acre residential masterplan positioned at the centre of Abu Dhabi’s flagship sustainable urban district. The project reflects a broader shift in the capital’s property market towards low-carbon living, wellness-focused design and long-term community planning. Located within Masdar City, Fay Hills is planned as four interconnected […]
By Nantoo Banerjee US President Donald Trump may have problems with Russia, Venezuela and a host of other states and has every right to decide on the US trade and diplomatic policies to deal with those countries. But he has no right to thrust upon other free nations his likes, dislikes and prejudices. Unfortunately, he […]
Oil prices advanced in early Asian trade on Monday after United States authorities intercepted an oil tanker off the coast of Venezuela in international waters, reinforcing concerns over supply risks linked to enforcement actions in key producing regions. Brent crude futures gained 44 cents, or 0.73%, to $60.91 a barrel by 0141 GMT, while U. S. West Texas Intermediate rose 40 cents, or 0.71%, to $56.92. The […]
President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with American entrepreneur Elon Musk, focusing on advances in artificial intelligence and emerging technologies and how cross-border collaboration can accelerate innovation with practical benefits for societies and economies. The meeting underscored Abu Dhabi’s ambition to position itself as a global hub for advanced technology while engaging with influential private-sector leaders shaping the future of AI, […]
United Arab Emirates policy makers are accelerating the shift towards a technology-driven economic model, placing innovation, advanced industries and the knowledge economy at the centre of long-term growth as the country seeks to reduce reliance on hydrocarbons and strengthen competitiveness across global markets. Federal strategies over the past decade have converged around building a diversified economy anchored in artificial intelligence, financial technology, clean energy and advanced manufacturing. […]
Arabian Post Staff -Dubai Italy’s Saipem has clinched a multi-billion-dollar offshore engineering, procurement, construction and installation contract from QatarEnergy LNG, marking one of the largest project awards in the global energy services sector and reinforcing Doha’s long-term expansion plans for liquefied natural gas production. The Milan-based engineering group said the overall value of the contract is about $4 billion, with Saipem’s share estimated at roughly $3.1 billion. […]
Google has committed USD 8 million to support a network of artificial intelligence Centres of Excellence in India, signalling a deeper push into applied AI for public services, health care and local-language technologies while tying the investment to a parallel clean-energy partnership aimed at powering digital infrastructure sustainably.
The funding, announced by Google, is designed to accelerate research, product development and deployment across priority areas that include healthcare delivery, Indic language models and urban governance tools. The company said the centres will work with academic institutions, startups and public-sector bodies to translate laboratory advances into systems that can be deployed at scale, reflecting a broader shift among global technology firms towards mission-oriented AI programmes.
The allocation targets three primary domains. In healthcare, the centres are expected to focus on AI-assisted diagnostics, disease surveillance and workflow automation to reduce administrative burdens on clinicians. Google has previously tested AI models for medical imaging and population health analytics, and the new funding is intended to localise such tools for regional health systems, with attention to data privacy and clinical validation. Researchers involved in early-stage planning say the emphasis will be on interoperable platforms rather than standalone pilots, a response to criticism that many AI health projects fail to move beyond proof of concept.
Language technology forms the second pillar of the initiative. India’s linguistic diversity has long posed challenges for digital inclusion, and the centres are tasked with advancing large language models and speech systems that perform reliably across Indic languages and dialects. Google has already released open datasets and models for low-resource languages; the new programme seeks to improve accuracy, reduce bias and expand access for education, e-governance and small businesses. Industry observers note that competition in multilingual AI has intensified as regional startups and global rivals race to build models that can handle code-switching and local context.
Urban governance rounds out the focus areas, with planned projects covering traffic management, air-quality monitoring and municipal service delivery. Smart-city programmes have generated mixed results over the past decade, often constrained by fragmented data and procurement hurdles. By situating research within Centres of Excellence, Google aims to create replicable frameworks that cities can adapt, rather than bespoke systems tied to individual vendors.
Beyond the AI investment, Google has paired the announcement with a new solar partnership intended to support the energy needs of data centres and AI workloads. The company has pledged to match growth in computing capacity with clean-energy procurement, aligning with its global goal to operate on carbon-free energy around the clock. Analysts say the coupling of AI funding with renewable energy reflects mounting scrutiny of the environmental costs of large-scale computing, particularly as generative AI drives higher power demand.
The USD 8 million commitment is modest compared with Google’s global AI spend, yet its targeted design has drawn attention from policymakers and researchers. Government officials involved in discussions around the Centres of Excellence say the model allows for shared governance, with academic rigour balanced against industry deployment expertise. The approach also aligns with national ambitions to position the country as a hub for responsible AI development, emphasising safety, transparency and societal benefit.
Competition among technology firms has sharpened as Microsoft, Amazon and others expand partnerships with universities and public agencies across the Global South. In this context, Google’s move is seen as both a strategic investment and a reputational play, aimed at demonstrating that advanced AI can address public-interest challenges rather than solely commercial applications. Startups working in health tech and language processing expect spillover benefits through access to datasets, compute resources and mentorship.
A dramatic concept video portraying a proposed “Dubai Air Hotel” by Emirates has ignited global attention, depicting a full-scale Airbus A380 mounted atop a 580-metre, 125-storey tower in Dubai. The vision, priced at an estimated $3 billion, imagines an aviation-themed landmark that would combine ultra-luxury hospitality with a striking architectural statement, reinforcing the city’s reputation for headline-grabbing development. The footage shows the double-deck superjumbo positioned like a […]
SINGAPORE – Media OutReach Newswire – 21 December 2025 – Singapore’s job market is undergoing rapid transformation, driven by digitalisation, sustainability imperatives, and demographic shifts. The challenge for graduates and professionals lies in maintaining relevance within industries that are shaping tomorrow’s economy. The Singapore Institute of Management (SIM) plays a pivotal role in this development, equipping learners with critical skills and internationally recognised certifications sought by employers.
Growth Sectors Driving Singapore’s Economy
According to the Ministry of Manpower’s Labour Market Report (Q2 2025), resident employment continues to expand in Health & Social Services, while demand for roles in Information & Communications Technology (ICT) and sustainability-related fields remains robust despite global uncertainties. Job vacancies reached 76,900 in June 2025, surpassing the number of jobseekers, with a ratio of 1.35 vacancies per unemployed person—underscoring sustained demand for skilled talent.
Singapore’s Smart Nation and Green Plan strategies highlight key growth sectors including the digital economy (AI, data analytics, cybersecurity, cloud computing), finance and fintech (green finance, blockchain, digital banking), healthcare and life sciences (driven by aging demographics and biomedical innovation), and sustainability (ESG consulting and renewable energy)
SIM’s Industry-Aligned Programmes
SIM addresses the needs of Singapore’s fastest-growing sectors through two key business units: SIM Global Education (SIM GE) and SIM Academy (SIMA).
SIM GE collaborates with leading universities to deliver degree programmes in high-demand areas, such as:
Bachelor of Science (Honours) in Data Science and Business Analytics (University of London) – preparing graduates for careers in data analytics and machine learning
Bachelor in Computer Science (Big Data and Artificial Intelligence) (University of Wollongong) – developing expertise in cybersecurity and generative AI
Bachelor of Business, Majors in Economics, Finance etc (RMIT University) – enabling roles in finance
SIM Academy complements these academic pathways with professional development courses for upskilling and reskilling, including the Starting and Managing Corporate Sustainability, designed to empower professionals to lead ESG initiatives aligned with Singapore’s Green Plan 2030. These offerings combine academic rigor with practical certifications, internships, and industry-aligned projects, ensuring competitiveness in Singapore’s evolving job market.
Alumni Success Pathways
Graduates from SIM’s cybersecurity-related programmes come from a wide range of educational and professional backgrounds, reflecting the diversity of talent entering Singapore’s growing digital sector. Many begin their learning journeys with different motivations, whether to upskill for emerging roles, pivot from adjacent fields or pursue deeper specialisation in cybersecurity.
Some learners are inspired to pursue formal training after encountering real world risks, such as online fraud or data breaches. Others choose to build on existing technical foundations to take on more specialised responsibilities in national and enterprise cybersecurity functions. Through industry-aligned curricula, practical exposure and professional networks, SIM enables these learners to strengthen their competencies in areas such as threat intelligence, AI-enabled defence and cloud security.
These varied pathways highlight how SIM programmes support both early-career and mid-career professionals in progressing to roles within high-demand sectors, as well as further studies at reputable institutions. The outcomes reflect the value of accessible, skills focused education in developing the cybersecurity workforce needed to support Singapore’s transformation into a resilient and digitally driven economy.
Looking Ahead
Singapore’s economic future depends on a workforce that is agile, skilled, and prepared for change. SIM remains a catalyst in this transformation, offering programmes and professional courses aligned with national growth sectors and global trends. By combining academic excellence with practical industry exposure and showcasing alumni who have successfully transitioned into high-demand fields, SIM demonstrates how education drives employability and innovation.
The issuer is solely responsible for the content of this announcement.
About the Singapore Institute of Management
The Singapore Institute of Management (SIM) is an International Institute of Higher Learning (IIHL) that empowers, uplifts and strengthens employability, at all seasons of life and starting points. Seeded by the Singapore Economic Development Board in 1964, SIM nurtures leaders with industry focused skills, knowledge and values to create impact in Singapore and Asia through globally recognised education and learning pathways.
SIM harnesses new knowledge, skills, and technology to provide skills-based learning experiences that enable students, professionals, and enterprises to Learn for Life and Thrive for Life. Through SIM Global Education (SIM GE) and SIM Academy, SIM supports diverse learning needs—offering higher education pathways and tailored learning journeys for working professionals and enterprises to adapt and grow in an ever-changing world.
With a steadfast commitment to transforming lives, SIM continues to be a catalyst for change across communities, inspiring learners to contribute meaningfully to society, and fostering progress in society.
For more information on the Singapore Institute of Management, visit sim.edu.sg.
UAE businesses used the Ambiente exhibition in Germany to project the country’s ambition to become a central hub in the global consumer goods trade, as officials and exporters sought to convert visibility into long-term commercial partnerships across Europe, Asia and the Middle East.
The country’s pavilion at the Ambiente fair in Frankfurt brought together manufacturers, designers and trading firms spanning homeware, lifestyle products, gifting and sustainable consumer goods. Organisers said the collective presence was designed to showcase both scale and diversity, with an emphasis on export readiness and cross-border collaboration rather than one-off transactions. The participation formed part of a wider strategy to deepen the UAE’s role in global supply chains at a time when buyers are reassessing sourcing models and regional diversification.
Ambiente is regarded as one of the world’s largest platforms for consumer goods, drawing tens of thousands of buyers, retailers and distributors each year. For UAE exhibitors, the event offered access to European retail networks and international wholesalers seeking alternatives to traditional manufacturing centres. Trade officials accompanying the delegation said meetings during the fair focused on long-term contracts, private-label manufacturing and co-branding arrangements, reflecting a shift towards higher-value engagement.
UAE Ministry of Economy representatives described the fair as a strategic opportunity to align the country’s manufacturing and re-export capabilities with evolving global demand. Officials highlighted the UAE’s logistics infrastructure, trade finance ecosystem and network of comprehensive economic partnership agreements as key advantages in attracting buyers looking for reliability and speed to market. The country has expanded its non-oil exports steadily, with consumer goods playing a growing role alongside metals, plastics and food products.
Exhibitors at the pavilion reported interest from buyers in sustainable materials, contemporary design and flexible production runs. Several companies said European retailers were exploring joint development of products that could be produced in the UAE and distributed across the Gulf, Africa and South Asia. This approach reflects a broader trend among global brands to shorten supply chains while retaining access to multiple consumer markets from a single base.
Frankfurt has become an important meeting point for this recalibration, as trade fairs increasingly serve as venues for strategic sourcing discussions rather than simple product showcases. Industry analysts note that manufacturers from emerging hubs are gaining attention as buyers weigh cost pressures, geopolitical risk and sustainability commitments. The UAE’s pitch at Ambiente centred on stability, regulatory clarity and the ability to integrate manufacturing, warehousing and distribution within a single jurisdiction.
Design-led firms from the UAE also used the exhibition to challenge perceptions that the country’s consumer goods sector is limited to trading and re-export. Several brands showcased original collections developed in collaboration with regional designers, blending Middle Eastern aesthetics with international trends. This creative emphasis was aimed at differentiating UAE products in a crowded marketplace and appealing to premium and mid-market retailers.
Sustainability featured prominently in discussions at the pavilion. Companies highlighted the use of recycled materials, energy-efficient production processes and compliance with European environmental standards. Officials said this focus was essential for competitiveness, as regulatory and consumer scrutiny in Europe continues to intensify. The UAE has invested in sustainability frameworks and industrial policies intended to support greener manufacturing, which exhibitors said helped build confidence among buyers.
The fair also underscored the role of small and medium-sized enterprises in the UAE’s export strategy. Many participating firms were SMEs seeking first-time entry into European markets. Trade support bodies facilitated introductions and provided guidance on certification, packaging requirements and logistics, reflecting an effort to reduce barriers for smaller exporters. Business owners said the ability to present as part of a national pavilion enhanced credibility and opened doors that would be difficult to access independently.
Kenya’s leadership has renewed its push to project the country as a future developed economy, with Deputy President Kithure Kindiki rejecting claims that the ambition is unrealistic and arguing that structural reforms, demographic momentum and targeted investment are laying the groundwork for first-world status. Speaking at a public forum on economic transformation, Kindiki said scepticism about Kenya’s trajectory often ignored long-term planning frameworks and measurable gains in […]
China’s shipments of rare-earth permanent magnets to the United States fell by 11% in November from October, underscoring how strategic trade frictions and regulatory tightening continue to weigh on a supply chain critical to electric vehicles, wind turbines and advanced defence systems. The monthly drop came despite a temporary easing of broader trade tensions between the world’s two largest economies, signalling that structural constraints rather than short-term […]
Unitree Robotics’ G1 humanoid robots have stepped into the spotlight of China’s live entertainment scene, performing as synchronised backup dancers during a Wang Leehom concert that drew about 18,000 people, marking a striking crossover between advanced robotics and mainstream pop culture.
The performance unfolded as the pop star launched into a high-energy segment of his show, with several G1 units emerging alongside human dancers. The robots executed coordinated flips, spins and arm movements in time with the music, mirroring choreography designed for human performers. Large screens magnified the spectacle, prompting audible reactions from the crowd as the machines kept pace under concert lighting and sound conditions.
The appearance was not framed as a technical demonstration but as a fully integrated part of the show, underscoring how humanoid robots are moving beyond laboratories and industrial floors into public-facing roles. For Unitree, a Hangzhou-based robotics firm known for its quadruped robots and growing humanoid portfolio, the concert offered a high-visibility platform to display balance control, motion planning and real-time coordination in an unpredictable environment.
Wang Leehom, a globally recognised figure in Mandarin pop with a career spanning more than two decades, has long embraced technology-driven stagecraft. His decision to feature humanoid robots aligns with a broader trend in China’s entertainment industry, where concerts increasingly rely on immersive visuals, augmented reality and sophisticated stage automation to differentiate live experiences.
The G1 robots, which stand roughly human height and are designed for agility and interaction, performed without visible safety tethers, suggesting confidence in their stability systems. Industry observers noted that executing flips and rapid directional changes in close proximity to human dancers requires precise sensing and control to avoid collisions, highlighting advances in perception and actuation.
Beyond the spectacle, the performance has reignited debate over the role of automation in creative industries. Some performers and choreographers have voiced concern that robots could displace human dancers in certain settings, particularly for repetitive or physically demanding routines. Others argue that such technology will function as a complement rather than a replacement, opening new creative possibilities and reducing costs for large-scale productions.
Producers familiar with concert logistics point out that hiring and training large dance troupes can be expensive, especially for tours spanning multiple cities. Robots, once acquired, can be programmed for consistent performances and reused across shows, potentially lowering long-term costs. At the same time, upfront investment, maintenance, transport and technical support remain significant considerations.
China’s push into humanoid robotics provides important context for the performance. The sector has been identified as a strategic growth area, with companies racing to develop machines capable of operating in human environments. Demonstrations in factories, warehouses and research centres have been joined by public showcases designed to familiarise audiences with humanoid forms and capabilities.
Academic researchers note that public acceptance is a critical factor in the deployment of service robots, particularly those designed to interact closely with people. High-profile cultural events can soften perceptions and shift robots from abstract technological concepts to tangible participants in everyday life.
Social media reaction to the concert was swift, with clips of the robots’ dance routines circulating widely on Chinese platforms. Commentators praised the novelty and technical polish, while others questioned whether audiences were witnessing a glimpse of entertainment’s future or a carefully staged publicity exercise. The buzz itself has amplified Unitree’s brand visibility at a time when competition among domestic robotics firms is intensifying.
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By K Raveendran As 2026 approaches, the global oil market is heading into a year that could decisively reshape price dynamics, fiscal planning in producing states, and energy security calculations for importing economies. The defining feature of the coming year is not demand destruction or geopolitical shock, but the growing weight of surplus supply. Market […]
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