Arabian Post Staff -Dubai Saudi Arabia increased its holdings of US Treasury securities by about $2.2 billion in June, lifting the portfolio to $142.5 billion and extending the Kingdom’s position among the largest overseas investors in US government debt. The June increase followed holdings of about $140.3 billion in May and left Saudi Arabia ranked 17th among foreign holders of Treasuries. The portfolio remained heavily weighted towards […]
Arabian Post Staff -Dubai The UAE has halted all trade, commercial exchanges and financial transactions with Iran until further notice as escalating security tensions deepen economic disruption across the Gulf. Afra Al Hameli, Director of the Strategic Communications Department at the Ministry of Foreign Affairs, announced the decision while rejecting allegations about the status of economic relations between the UAE and Iran. She said regional escalations were […]
Organized by Enterprise Asia, the ceremony was held on 7 August 2026 at Jing An Shangri-La, Shanghai. This year’s recipients exemplified how strategic vision, innovation, and a commitment to positive impact can create lasting value for businesses, communities, and the wider economy.
Following a comprehensive evaluation by a distinguished panel of judges, over 150 nominees were assessed across ten AREA categories and five APEA categories. The AREA celebrated enterprises and leaders who have made significant contributions through responsible business practices and sustainability-driven initiatives. Meanwhile, the APEA recognized organizations and entrepreneurs who have demonstrated exceptional performance, strategic agility, and forward-thinking leadership in shaping the future of business.
In his welcome address, Enterprise Asia President Richard Tsang highlighted the need for enterprises to embrace transformation and responsible growth, noting that resilience, strategic foresight, and purpose-driven leadership remain key to achieving long-term success in an increasingly dynamic global landscape.
Among the outstanding AREA award recipients, Chery Automobile Co., Ltd. was recognized under the Green Leadership category for its Trusted Circular Materials system. By developing advanced recycling networks, digital traceability, and high-value recycled plastics, Chery has recovered over 10,000 tonnes of waste plastics, reduced approximately 9,000 tonnes of CO₂e emissions, and advanced sustainable automotive manufacturing.
Further advancing circular economy practices, SUS ENVIRONMENT won the Circular Economy Leadership award for its City-Benefiting Low-Carbon Solid Waste Management Model, demonstrated through the Xi’an Gaoling Project. By integrating waste-to-energy, district heating, AI-powered operations, and multi-source waste co-processing, the project has processed 5.34 million tonnes of waste, generated 2.24 billion kWh of green electricity, and achieved over 1.92 million tonnes of carbon reductions.
China Hongqiao Group Limited, a three-time consecutive AREA award recipient, has once again received the award under the Circular Economy Leadership category for advancing circular economy development through recycled aluminum. Its closed-loop circular economy model enables recycled aluminum to save approximately 95% of energy and reduce carbon emissions by over 85% compared with traditional electrolytic aluminum.
Honored with the AREA under the Corporate Governance category, E.SUN Bank (China) has embedded transparency and accountability throughout its operations. The bank implemented comprehensive Board meeting records three years ahead of regulatory requirements while strengthening stakeholder disclosure, maintaining a Moody’s Baa1 rating since 2022 and customer satisfaction above 97%.
Demonstrating the power of industry-wide collaboration, The Hong Kong Association of Banks received the AREA under the Social Empowerment category for its Anti-Fraud Education initiative. The initiative reached more than 11,000 people in 2025 and has contributed to strengthen its community outreach, with over 300 activities conducted across Hong Kong to date. According to figures released by the Hong Kong SAR Government, reported deception cases decreased by 2.9% in 2025 compared with 2024, marking the first decline after nine consecutive years of growth.
Bank of China (Hong Kong) Limited was honored with three prestigious awards at the AREA — the Social Empowerment Award, Investment in People Award and Corporate Sustainability Reporting Award, recognizing its exceptional and impactful sustainability practices. The Bank exemplifies a strong commitment to corporate social responsibility through a diverse range of initiatives that promote social inclusion, nurture talent development, and continuously enhance ESG disclosure. These accomplishments highlight its leadership in advancing responsible business practices and establish a new benchmark for excellence within the financial sector.
Techtronic Industries (TTI), a world leader in cordless technology, was awarded two AREA accolades, receiving recognition under the Circular Economy Leadership and Social Empowerment categories. Through its award-winning initiatives, “Advancing Circularity Through Sustainable Product Innovation” and “Empowering Exceptional People and Strengthening Communities” , TTI is creating lasting social impact while accelerating the transition towards a more circular and sustainable future.
As the sole recipient of both the APEA and AREA in 2026, OrbusNeich Medical Group Holdings Limited was recognized under the Corporate Excellence and Health Promotion categories respectively. Operating in more than 70 countries and regions, the Group continues to drive innovation in interventional medical devices while advancing regional clinical capabilities through its cross-border medical education initiative, ultimately improving patient outcomes across Asia-Pacific.
In the APEA segment, Onewo Inc. was honoured under the Corporate Excellence category for redefining space services through technology-driven innovation. Powered by its proprietary “Link X” AI platform, the company manages over 5,300 residential and 3,400 property and facility management projects nationwide,driving the space service industry toward a smarter and more sustainable future.
The AREA and APEA 2025 China Chapter are co-organized by Enterprise Accelerator Co., Ltd. and proudly supported by Eruid (Shanghai) Inspection & Certification Co., Ltd., MayCham China in Shanghai, SingCham Shanghai, Strategic Public Relations Group (SPRG), The Hong Kong Institute of Directors, and Tang Cultural Media. PR Newswire is the official news release distribution partner, with Dailywire.asia as the official media partner and Osin Au Pty Ltd as the official beverage sponsor.
| SOCIAL EMPOWERMENT CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| BANK OF CHINA (HONG KONG) LIMITED | CHAMPIONING DIVERSITY AND INCLUSION: BOCHK PARA SPORTS AMBASSADOR PROGRAMME |
| TECHTRONIC INDUSTRIES COMPANY LIMITED | EMPOWERING EXCEPTIONAL PEOPLE AND STRENGTHENING COMMUNITIES |
| THE HONG KONG ASSOCIATION OF BANKS | COMBATING FRAUD THROUGH INDUSTRY-WIDE COLLABORATION AND PUBLIC EDUCATION CAMPAIGN |
| HEALTH PROMOTION CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| ORBUSNEICH MEDICAL GROUP HOLDINGS LIMITED | ORBUSNEICH MEDICAL EDUCATION PROGRAM |
| INVESTMENT IN PEOPLE CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| BANK OF CHINA (HONG KONG) LIMITED | EXEMPLARY EMPLOYER OF EXCELLENCE: BOCHK TALENT DEVELOPMENT PROGRAMME |
| GREEN LEADERSHIP CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| AUO (XIAMEN) CO., LTD. | “GREEN MANUFACTURING, SUSTAINABLE FUTURE” AUO (XIAMEN) GREEN TRANSFORMATION PRACTICES |
| CHEERWIN GROUP LIMITED | SUPERB “DUAL-GREEN DRIVE” PLASTIC-REDUCTION & RECYCLING PROGRAM |
| CHERY AUTOMOBILE CO., LTD. | FROM WASTE TO WELLBEING: CHERY’S TRUSTED CIRCULAR PLASTICS SYSTEM |
| CORPORATE GOVERNANCE CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| AUTOHOME INC | AUTOHOME SUSTAINABLE CORPORATE GOVERNANCE |
| E.SUN BANK (CHINA) COMPANY, LTD. | THOROUGH CORPORATE GOVERNANCE & EASY-TO-BE-UNDERSTOOD AND DETAILED DISCLOSURE OF INFORMATION |
| CIRCULAR ECONOMY LEADERSHIP CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| CHINA HONGQIAO GROUP LIMITED | GREEN LOW-CARBON RECYCLING ALUMINUM |
| SHANGHAI SUS ENVIRONMENT CO., LTD. | SUS ENVIRONMENT “CITY-BENEFITING” LOW-CARBON SOLID WASTE MANAGEMENT MODEL |
| TECHTRONIC INDUSTRIES COMPANY LIMITED | ADVANCING CIRCULARITY THROUGH SUSTAINABLE PRODUCT INNOVATION |
| CORPORATE SUSTAINABILITY REPORTING CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| BANK OF CHINA (HONG KONG) LIMITED | A ROLE MODEL FOR ESG DISCLOSURE IN THE FINANCIAL SECTOR: BOCHK SUSTAINABILITY REPORT |
| SUSTAINABLE INVESTING CATEGORY | |
| ORGANIZATION | WINNING ESG PROGRAM |
| PING AN BANK CO., LTD. | FINANCIAL EMPOWERMENT FOR A WASTE-FREE URBAN TRANSFORMATION – PING AN BANK SUPPORTS SHENZHEN TIANYING’S WASTE-TO-ENERGY POWER GENERATION UPGRADE PROJECT |
| CORPORATE EXCELLENCE CATEGORY | |
|
COMPANY
|
INDUSTRY
|
|
ONEWO SPACE-TECH SERVICE CO., LTD.
|
REAL ESTATE |
| ORBUSNEICH MEDICAL GROUP HOLDINGS LIMITED |
HEALTHCARE, PHARMACEUTICAL & BIOTECHNOLOGY
|
About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit: https://enterpriseasia.org/area/.
About Asia Pacific Enterprise Awards
Launched in 2007, the Asia Pacific Enterprise Awards is the region’s most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit www.apea.asia.
Hashtag: #Business #Sustainability #ESG
https://www.enterpriseasia.org
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Wechat: Enterprise Asia 亚洲企业商会
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The issuer is solely responsible for the content of this announcement.
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. Please visit https://www.enterpriseasia.org/ for more information.
Telegram has applied to operate the. gram top-level internet domain, setting up a potentially significant expansion of the messaging platform into personal web identities and AI-generated websites for its billion-plus user base. The application, if approved through the Internet Corporation for Assigned Names and Numbers’ 2026 programme for new generic top-level domains, could allow Telegram usernames to function as internet addresses. A user with the handle @durov, […]
BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand, and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social Development Council (NESDC), and the World Bank, has announced its readiness to convene a high-level leadership conference, ‘The Bangkok Business Summit 2026,’ under the theme ‘Reinvent Thailand, Resilient ASEAN.’
To be held at the Queen Sirikit National Convention Center (QSNCC), the summit will showcase the vision of public-private sector collaboration aimed at restructuring Thailand’s economy. This event serves as a milestone paving the way toward the IMF-World Bank Group Annual Meetings 2026, which Thailand will proudly host in Bangkok in October 2026, as well as Thailand’s upcoming ASEAN Chairmanship in 2028.
A key highlight of The Bangkok Business Summit 2026 includes a keynote address entitled ‘Thailand’s Offer to the World’ by Mr. Anutin Charnvirakul, Prime Minister of Thailand. The address will declare Thailand’s readiness as a global investment hub, shifting the nation from cost-based competition to enhancing capabilities, innovation, and digital infrastructure. Furthermore, Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, will deliver a policy address on ‘Unlocking the Next Growth Engines for Thailand & ASEAN,’ revealing policy reform steps designed to unlock private sector investment and drive the country’s new economic engines. Professor Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, will address positioning Thailand as a regional investment platform for high-tech industries.
Mr. Payong Srivanich, Chairman of the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), stated that this event aims to answer a critical question: How can Thailand transform global shifts and its central location in ASEAN into new opportunities for investment, job creation, and sustainable growth?
“The Bangkok Business Summit 2026 is not merely a platform for exchanging perspectives, but a venue where Thailand presents its concrete strengths, opportunities, and development directions to the global business community—bridging the government’s vision, recommendations from international organizations, and the practical expertise of the private sector,” Mr. Payong stated.”Thailand’s challenge today is not just growth, but building competitive growth in a rapidly changing world. We need a platform for collaborative efforts to ‘Reinvent Thailand’ by creating new economic engines and elevating our competitiveness so Thailand can capture new opportunities and become an integral part of a ‘Resilient ASEAN’ capable of adapting to global dynamics.”
Key Highlights & Session Overview
Afternoon Tracks
Additionally, the Bangkok Business Summit 2026 will feature a panel discussion titled ‘The Future of Agrifood Business.’ Under the concept of Elevating to a Regional Strategic Asset, leaders from top companies including Sea Value PCL and Olam Agri (Singapore) will share their perspectives on how Thailand’s agrifood industry is evolving beyond its traditional role as the ‘Kitchen of the World’ to become a vital strategic asset for regional food security, and another discussion on ‘The Future of the Human-Centric Economy,’ integrating health, wellness, tourism, and the creative economy centered around people rather than isolated sectors. Panelists include Minor International, Bangkok Dusit Medical Services (BDMS), and Cerecin.
Closing & Actions
To conclude the summit, leaders from the three JSCCIB member organizations will summarize actionable proposals to transform insights into concrete practices. These encompass enhancing competitiveness, building investment ecosystems, and developing future industries. The event will culminate in the signing of a Letter of Intent for Cooperation on the Digital & AI Compact between Thailand’s economic agencies and the World Bank.
Note: Speakers and the event program are subject to change without prior notice due to unforeseen circumstances. We apologize for any inconvenience and appreciate your understanding.
Hashtag: #JSCCIB
The issuer is solely responsible for the content of this announcement.
Sydney Airport is facing intensifying scrutiny over air traffic control staffing after a cluster of runway and taxiway incidents exposed pressure on a system already struggling with delays, overtime and shortages of experienced controllers. Three safety events within two weeks have prompted investigations by the Australian Transport Safety Bureau and raised questions about whether staffing resilience at the country’s busiest airport is keeping pace with traffic demand. […]
SINGAPORE– Media OutReach Newswire – 17 August 2026 – Mount Elizabeth Royal Square, a private day surgery centre, has been added to Prudential Singapore’s (“Prudential”) PRUPanel Connect panel network with effect from 1 August 2026. The empanelment was commemorated at a signing ceremony between Parkway Hospitals Singapore Pte. Ltd. and Prudential.
PRUShield Integrated Shield plan policyholders with eligible PRUExtra riders can now seek treatment at Mount Elizabeth Royal Square where they will have access to participating specialists and enjoy panel benefits.
Mount Elizabeth Royal Square is the first facility under IHH Healthcare Singapore to be included in the PRUPanel Connect network.
Dr Peter Chow, Chief Executive Officer, IHH Healthcare Singapore, said: “We are pleased to partner Prudential to bring Mount Elizabeth Royal Square into the PRUPanel Connect network. This collaboration reflects our shared commitment to improving access to quality private healthcare, while giving eligible patients greater assurance and convenience when they require day surgery or endoscopy care.”
Chan San San, Chief Executive Officer, Prudential Singapore, said: “At Prudential, we want to make it easier for customers to navigate their healthcare journey with confidence. By adding Mount Elizabeth Royal Square to PRUPanel Connect, we are strengthening our panel ecosystem and giving PRUShield Extra customers more options for specialist day surgery care, supported by the benefits and assurance of our panel network.”
Opened in 2025, Mount Elizabeth Royal Square is a day surgery and endoscopy centre offering hospital-equivalent safety standards, shorter waiting times, dedicated procedure slots, and a seamless patient experience. The centre also provides bedside ultrasound services, a dedicated patient lounge, and is conveniently located right next to Mount Elizabeth Novena Hospital.
Through PRUPanel Connect, eligible Prudential customers have access to value-added services when they seek treatment with participating specialists at panel healthcare institutions. These services are available to customers holding eligible PRUExtra policies, including PRUExtra Premier Care, PRUExtra Preferred Care, PRUExtra Premier, PRUExtra Premier CoPay and PRUExtra Preferred CoPay. Customers may enjoy benefits such as cashless admission with an electronic Letter of Guarantee of up to S$15,000, subject to eligibility, as well as keep renewable premiums stable for panel-approved claims.
Notes:
Hashtag: #PrudentialSingapore
https://www.prudential.com.sg/https://www.linkedin.com/company/prudential-assurance-company-singaporehttps://www.facebook.com/PrudentialSingapore/https://www.instagram.com/prudentialsingapore/
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IHH Healthcare Singapore (IHH SG) is part of IHH Healthcare, a world leader in integrated care with a presence in 10 markets across the world. As Singapore’s largest private healthcare provider, IHH SG operates an integrated network of four multi-award-winning acute hospitals – Gleneagles Hospital, Mount Elizabeth Hospital, Mount Elizabeth Novena Hospital and Parkway East Hospital – where more than 1,800 accredited specialists provide quality multi-disciplinary specialist care.
IHH SG’s network extends beyond acute and tertiary care to primary, specialty care and ancillary services. Its Parkway brand includes the Parkway Shenton network of over 50 clinics island-wide, and iXchange, its managed care and employee benefits arm. Together with Parkway Cancer Centre, Parkway MediCentre, Parkway Radiology, Parkway Laboratories, Parkway Rehab and Parkway Emergency Services, IHH SG’s comprehensive range of services underpins its position as the country’s most trusted healthcare provider, known for providing quality medical care and clinical outcomes in Singapore and around the region.
For more information, visit https://www.ihhhealthcare.com/singapore/.
Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 95 years. As at 31 December 2025, it has S$66.3 billion funds under management. The company has an ‘AA’ Financial Strength Rating from leading credit rating agency Standard & Poor’s and delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of 5,400 financial representatives.
For more information, visit https://www.prudential.com.sg
Cl0p has claimed a sweeping data-theft campaign affecting nearly 50 companies worldwide, placing Shell, Philips, GE and financial technology group Fiserv among the organisations named on the cybercrime operation’s leak site. Several companies have opened investigations, although the scale of the alleged theft remains unverified. The campaign appears to mark another large-scale attempt by the Russia-linked extortion group to exploit a weakness in widely deployed enterprise software […]
VinFast is joining forces with Gowa Motor Group to create a venture aimed at accelerating the electric vehicle maker’s retail expansion across Indonesia, with plans for at least 30 new showrooms and service centres. The agreement strengthens VinFast’s push to build a nationwide sales and aftersales ecosystem alongside its growing manufacturing presence. The memorandum of understanding envisages the two companies establishing a joint venture that will develop […]
Under the MOU, VinFast and Gowa Motor Group will establish a joint venture to develop VinFast’s dealership network across Indonesia, with a target of opening at least 30 showrooms and service centers.
The partnership reflects the two companies’ shared commitment to building a long-term strategic relationship in Indonesia’s growing electric vehicle market. By partnering with VinFast, Gowa Motor Group demonstrates its confidence in VinFast’s vision, capabilities, and the long-term potential of its electric mobility ecosystem.
The new network will serve as a key pillar of VinFast’s long-term growth strategy in Indonesia, offering VinFast’s electric vehicles alongside aftersales services, maintenance, and customer care that meet the company’s global standards. The partnership will contribute to VinFast’s broader plan to expand its dealership network in Indonesia. The company currently operates more than 40 showrooms nationwide and aims to add over 150 new showrooms in the coming years.
The agreement with Gowa Motor Group reinforces VinFast’s strategy of partnering with leading local companies to expand its distribution network, improve customer access to high-quality products and services, and support Indonesia’s transition toward greener transportation.
Gowa Motor Group is an established automotive group in Indonesia with extensive experience across multiple automotive brands and vehicle segments. Its operation spans automotive distribution, dealership operations, passenger vehicles, and commercial vehicles, supported by a broad network and strong understanding of the local market. With its automotive expertise, operational capabilities, and market knowledge, Gowa Motor Group is expected to become a strategic partner for VinFast in expanding its distribution network, enhancing the customer ownership experience, and accelerating the adoption of electric vehicles in Indonesia.
Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia, said: “Gowa Motor Group is an established automotive group in Indonesia with extensive experience across multiple automotive brands. We believe the combination of VinFast’s product development capabilities, advanced technologies, and comprehensive EV ecosystem with Gowa Motor Group’s local market expertise, automotive network, and operational experience will provide a strong foundation for expanding VinFast’s presence in Indonesia. More importantly, this partnership will enable us to deliver an increasingly convenient, comprehensive, and high-quality EV ownership experience for Indonesian customers.“
Mr. Sadikin Aksa, Commissioner of Gowa Motor, said: “We see tremendous potential in Indonesia’s electric vehicle market and strongly believe in VinFast’s long-term vision. Our partnership not only creates new business opportunities for both companies but also reflects our shared commitment to accelerating Indonesia’s green transition. Leveraging our experience across multiple automotive brands and our established network in Indonesia, Gowa Motor Group looks forward to working alongside VinFast to bring sustainable mobility solutions and high-quality services closer to consumers across the country.“
Indonesia is one of the key pillars of VinFast’s global growth strategy. Since entering the market, VinFast has rapidly expanded its product portfolio, commenced operations at its manufacturing facility in Subang, and built a comprehensive EV ecosystem through a growing network of strategic partners, including charging infrastructure developer V-Green, all-electric ride-hailing service GSM, financial institutions, banking partners, authorized service workshop partners, and dealerships nationwide. By combining manufacturing capabilities, a comprehensive EV ecosystem, and an expanding partner network, VinFast is steadily advancing toward its goal of becoming one of the leading electric vehicle brands in Indonesia and across Southeast Asia.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, e-bikes, and electric buses.
In Indonesia, VinFast is expanding its electric mobility ecosystem through a growing dealership and after-sales network, local partnerships, and its manufacturing facility in Subang, West Java, reinforcing its long-term commitment to the market.
Learn more at: https://vinfastauto.id
Gowa Motor Group is an established automotive group in Indonesia with extensive experience in the automotive sector. The Group represents and operates across multiple automotive brands and vehicle segments, including passenger and commercial vehicles, supported by dealership, distribution, and customer service capabilities. With a broad network across Indonesia and a strong understanding of the local automotive market, Gowa Motor Group continues to build long-term partnerships and expand access to quality mobility products and services.
A newly analysed macOS information-stealing malware is targeting cryptocurrency holdings, passwords and Apple Keychain data after victims are tricked into executing malicious commands through ClickFix social-engineering attacks. The malware, written in the Go programming language and compiled as a native Mach-O executable, can steal browser credentials and cached authentication data while also manipulating cryptocurrency transactions. Its most unusual capability allows operators to siphon either part or all […]
President Donald Trump has ordered the Pentagon to substantially scale back joint military exercises with South Korea, linking the decision to his relationship with North Korean leader Kim Jong Un and Seoul’s refusal to support Washington’s military campaign against Iran. Trump announced the move hours before the annual Ulchi Freedom Shield exercise was due to begin on Monday, August 17. The drills nevertheless started as scheduled, with […]
Arabian Post Staff -Dubai A 60-day window for the United States and Iran to negotiate a durable peace agreement has expired without a breakthrough, leaving the Strait of Hormuz dispute unresolved and military and economic pressure intensifying across the Gulf. The deadline was part of an interim framework agreed in June after months of conflict. It was designed to halt fighting, restore commercial navigation through the Strait […]
Arabian Post Staff -Dubai The UAE is accelerating its push into global markets through a rapidly expanding network of trade agreements designed to strengthen non-oil exports, attract investment and give domestic businesses easier access to major economies. The Comprehensive Economic Partnership Agreement programme has grown to 38 agreements since its launch in September 2021, extending the country’s commercial reach across Asia, Africa, Europe and the Americas. Eighteen […]
SINGAPORE- Media OutReach Newswire – 17 August 2026 – With the global game market grown to an approximate value of US$200 billion annually, JUNEiNTER unveils a model designed to estimate the future revenue of individual games.
JUNEiNTER announced the release of the “LCP Model,” which estimates future revenue based on operating data from live service games and a public event of a free-trial marking its launch.
Whereas games generate recurring monthly cash flows and function as digital assets, the industry has lacked established standards to calculate the future revenue of individual titles — making their revenue streams difficult to be utilized as measurable financial assets.
The LCP Model was developed from the fundamental question: “How much revenue will our game generate?” The S66 Engine, which applies the LCP Model, analyzes actual service data accumulated from launch to calculate potential future revenue. Accordingly, it has been simulated about 90,000 times, confirming its consistency and reproducibility.
To mark the unveiling of the LCP Model, JUNEiNTER is holding a public event for developers to get revenue estimations for their own games. Eligible participants are games that use the F2P model monetized through in-app purchases (IAP) or combining in-app purchases with in-app advertising. Steam and console games are excluded.
Participating developers will also be offered additional special benefits for future usage. Eligibility requirements and details of the benefits are available on JUNEiNTER’s official website (https://gv.juneinter.com).
A JUNEiNTER spokesperson said, “Revenue estimates generated by the S66 Engine are not intended to be investment solicitation, fundraising, or a guarantee of returns. The results are estimates based on the data submitted by developers and the model’s criteria, and may differ from actual revenue.”
Media Contact
Teresa Lee / Business Operations Team / [email protected] / +82-10-2144-4979 /
Hashtag: #LCPmodel #S66 #JUNEinTER #gamerevenueestimation #mobilegaming #gamedevelopers #B2B #F2P #gamevaluation #live-service #gaming
The issuer is solely responsible for the content of this announcement.
Founded in 2002, JUNEiNTER Co., Ltd. is a South Korean game company that has developed, serviced, and published online and mobile games, best known for publishing GetAmped (PC) and My Oasis (mobile). The company has expanded its lineup through in-house development, co-development, and investment over the years.
Washington is preparing another escalation of economic pressure on Iran, with Treasury Secretary Scott Bessent promising measures without precedent even as the options left to exploit carry growing risks for energy markets, China relations and the US economy. Bessent has said new steps will be announced next week and described the strategy as combining extreme financial isolation with the continuing blockade of Iranian ports. The administration has […]
Arabian Post Staff -Dubai President Donald Trump has urged Americans to tolerate higher gasoline prices as the economic cost of stopping Iran from acquiring a nuclear weapon, while escalating tensions by saying he would soon declare the Strait of Hormuz US territory. Speaking in Garden City, New York, on Friday, Trump acknowledged the pressure that rising fuel costs were placing on households but argued that preventing Tehran […]
Arabian Post Staff -Dubai Mubadala Investment Company has increased its stake in Aldar Properties to 28.03 per cent, deepening its exposure to one of Abu Dhabi’s largest listed property groups as the developer expands its residential, commercial and recurring-income businesses. The Abu Dhabi sovereign investor raised its holding from 27.01 per cent through Mamoura Diversified Global Holding, its wholly owned subsidiary. The additional shares were accumulated through […]
Arabian Post Staff -Dubai Dubai stocks ended lower on Friday as disappointing corporate earnings and escalating tension around the Strait of Hormuz weighed on investor sentiment, while Abu Dhabi’s benchmark managed a marginal gain. The Dubai Financial Market’s main index fell 0.4%, extending losses for a second consecutive session. Air Arabia and contractor ALEC Holdings were among the biggest drags after their quarterly results disappointed investors. Emaar […]
Anthropic is negotiating a possible $6 billion acquisition of artificial intelligence infrastructure company Decart AI, a transaction that could become the Claude developer’s largest takeover and strengthen its ability to reduce the soaring cost of running advanced AI models. The discussions remain unfinished and could still collapse. The proposed deal centres less on expanding Anthropic’s consumer product portfolio than on improving the economics of computing. Decart develops […]
Arabian Post Staff -Dubai Abu Dhabi Securities Exchange has opened official live market data to conversational artificial intelligence platforms, allowing investors and institutions to interrogate exchange information through tools including ChatGPT and Claude using ordinary language. The initiative makes ADX the first exchange in the Middle East and North Africa to provide such access through a governed Model Context Protocol, or MCP, server. The system connects compatible […]
Arabian Post Staff -Dubai Sukuk have become more liquid than conventional bonds across key Gulf markets, with Saudi Arabia, Oman and Bahrain recording stronger trading conditions for Islamic debt as regional fixed-income markets recover from disruption caused by the US-Iran conflict. Liquidity scores for sukuk rose to 68 compared with 57 for bonds when US dollar outstanding securities were excluded, widening the gap between the two asset […]
SHENZHEN, CHINA – Media OutReach Newswire – 14 August 2026 – XTransfer, the World’s Leading B2B Cross-border Trade Payment Platform, successfully hosted China’s premier annual foreign trade event, XTransfer Summit 26, in Shenzhen. The summit gathered over 4,500 foreign trade enterprises, more than 50 top-tier banks and financial institutions, and numerous industry experts for in-depth discussions on global trade opportunities, business growth strategies, and digital intelligence in cross-border finance.
The summit explored how SME foreign traders can navigate global uncertainties. According to an XTransfer client survey, SME export performance remains optimistic this year. Despite geopolitical tensions and shipping disruptions, SMEs are reporting healthier payment collections and stronger bargaining power in international markets.
Serving Over 1 Million Enterprise Clients: Protecting Every Foreign Trader’s Global Dream with Fintech
Bill Deng, Founder and CEO of XTransfer, said, “SMEs are stabilisers of globalisation. Facing de-globalisation, geopolitical risks, and logistics volatility, they continue to show remarkable resilience. SMEs are more agile in adjusting market strategies while steadily improving pricing power and operational quality.”
Deng emphasised, “SMEs are the most capable force in global trade, and every foreign trader’s global dream deserves to be protected.” He added, “Through years of dedicated focus on SME cross-border payment pain points, XTransfer delivers secure, compliant, and efficient solutions to help more businesses go global. Since our founding, we have served over 1 million enterprise clients and continue to expand our local collection and settlement capabilities globally, optimising collection experiences and working capital efficiency.”
XTransfer’s pioneering Local Account service now covers nearly 60 countries and regions across Africa, Asia, Latin America, the Middle East, Europe, the Americas, Australia, and New Zealand, enabling buyers to pay sellers in local currencies and significantly boosting capital turnover.
AI and Global Risk Control Enhance Compliance Efficiency: TradePilot Drives Audit Automation
To address SMEs’ core needs for security, compliance, efficiency, and cost optimisation, XTransfer has ramped up fintech investments, scaling AI applications in risk control and business processes.
XTransfer has also built a unified global B2B cross-border trade settlement and risk management system to safeguard SME transactions. According to CIC, TradePilot is the world’s first and most advanced AI model for B2B cross-border trade payments. With 72 AI agents embedded in TradePilot’s review workflow, covering KYC onboarding, transaction authenticity verification, and ongoing AML monitoring, TradePilot delivers industry-leading performance in risk control accuracy and user experience.
Hashtag: #XTransfer #XTransferSummit #Crossborder #Payment #SMEs
https://www.xtransfer.comhttps://www.linkedin.com/company/xtransfer.cnhttps://www.instagram.com/xtransfer.global
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XTransfer is the world’s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 1,000,000 registered SMEs globally.
We connect top-tier financial institutions directly to SMEs, the backbone of global trade, giving businesses of every size access to the same secure, compliant and seamless payment infrastructure once reserved for multinationals. As of March 31, 2026, we provide payment services across more than 200 countries and regions through partnerships with financial institutions, including some of the most established international banks around the world.
XTransfer has obtained required licenses in major hubs, including the Chinese Mainland, Hong Kong SAR, the United Kingdom, the United States, Singapore, the Netherlands, Australia and Canada.
For more information, please visit: https://www.xtransfer.com
SINGAPORE – Media OutReach Newswire – 14 August 2026 – Etiqa Insurance Singapore today announced the official appointment of Claudia Soh as its Chief Executive Officer (CEO), effective 14 Aug 2026. Over the past six months, while serving as Acting Chief Executive Officer and continuing in her role as Chief Financial Officer, Claudia has led Etiqa Insurance Singapore through a period of sustained growth and transformation, strengthening the company’s foundations while driving initiatives focused on innovation, operational excellence, and customer-centricity. Her appointment reflects the Board’s confidence in her leadership and vision as the company embarks on its next phase of growth.
With more than 20 years of experience in the financial services and insurance industry, Claudia brings extensive expertise across finance, strategic planning, risk management, mergers and acquisitions, investor relations and auditing. Her career spans both the public and private sectors, including experience at the Monetary Authority of Singapore (MAS) and senior leadership roles within the insurance industry.
During her tenure at Etiqa, Claudia has helped build on the company’s strong momentum by supporting its growth agenda while advancing new initiatives. Her collaborative leadership approach and focus on long-term value creation have contributed to strengthening Etiqa’s capabilities for the future. She has also been an advocate for transforming the finance function from a traditional support role into a strategic business partner that helps create stronger outcomes for customers, employees and stakeholders.
“We are delighted to formally appoint Claudia Soh as CEO of Etiqa Insurance Singapore,” said Kamaludin, Group Chief Executive Officer, Etiqa Insurance and Takaful. “Claudia has demonstrated strong leadership, strategic clarity, operational excellence and resilience. Her ability to drive innovation, build strong teams and adapt to changing customer needs will continue to strengthen our market position in Singapore to deliver long-tern value for our customers, employees and stakeholders”
On her appointment, Claudia said, “I am honoured to undertake the role of CEO at Etiqa Insurance Singapore at a time of significant change for our industry. As customer expectations continue to evolve, we must remain agile, innovative and focused on delivering purposeful value. By combining digital innovation, data-driven insights and strong partnerships, we will continue to enhance the customer experience and help more individuals and businesses build financial confidence and resilience.”
Deepening Partnerships and Empowering Financial Readiness
As a leading composite insurer, Etiqa Insurance Singapore will continue to deepen its distribution capabilities and ecosystem partnerships to make protection more accessible and relevant to customers. Beyond its longstanding bancassurance partnership, Etiqa will work closely with Maybank to deliver more integrated financial and protection solutions, leveraging the strength of the Maybank network and customer ecosystem. Etiqa will also continue collaborating with partners across Singapore to develop innovative solutions that support customers’ evolving protection, savings and financial wellness needs.
Hashtag: #EtiqaInsuranceSingapore
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Protecting customers since 1961, Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.
EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile. The company is a member of the Maybank Group.
