A tanker under U. S. sanctions has passed through the Strait of Hormuz despite Washington’s new maritime restrictions around Iranian ports, raising fresh questions over how tightly the measures can be enforced and how much disruption they will inflict on a waterway central to global energy trade. Shipping data cited by Reuters showed the vessel, Rich Starry, moving through the chokepoint on Tuesday after loading methanol at […]
Arabian Post Staff -Dubai Countries should avoid hoarding fuel supplies and imposing export controls that deepen shortages, the International Monetary Fund, World Bank and International Energy Agency said in Washington on Monday, as war-linked disruption in the Middle East drove oil back above $100 a barrel and sharpened fears over inflation, growth and food security. The three institutions issued the warning while opening a coordinated response aimed […]
Washington has moved from threats to enforcement, with the U. S. military beginning a blockade on shipping to and from Iranian ports across the Gulf, the Gulf of Oman and the Arabian Sea, in a step that sharply raises the risk of a broader regional conflict even as a temporary ceasefire remains in place. U. S. Central Command said the restrictions took effect on Monday morning U. […]
“Service is the foundation of our business, and innovation in how service is delivered is increasingly important as customers seek greater reliability and better visibility into performance,” said Judy Marks, Chair, CEO and President, Otis Worldwide Corp. “WeMaintain has built a strong technology platform and agile operating model that reflects how quality service is delivered in a fast-paced, digital and customer-centric environment. We are confident in their growth potential and believe this investment supports their continued success while creating long-term value for both organizations.”
“Otis’ investment allows us to stay focused on what we do best – continuing to build and advance our technology and scale our business as an independent company,” said Benoit Dupont, WeMaintain CEO. ” With the stability and support of the global industry leader, we are well positioned to strengthen our offering while maintaining the close customer relationships and high standards that have always defined our approach.”
Otis and WeMaintain will operate as separate entities, and WeMaintain will continue to offer its agnostic IoT and AI-based solution to its current and future customers.
Hashtag: #Otis #WeMaintain
The issuer is solely responsible for the content of this announcement.
Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit 
www.otis.com and follow us on 
LinkedIn, 
YouTube, 
Instagram and 
Facebook @OtisElevatorCo.
About WeMaintain
WeMaintain was founded in 2017 by Benoit Dupont and Jade Francine on the belief that building maintenance could be smarter, more transparent, and more impactful. We combine AI-driven insights, IoT-powered data, and on-the-ground expertise to deliver real-time visibility, enhanced operational efficiency, and increased asset reliability for building owners and operators.
With operations across Asia and Europe and more than 350 employees, we provide services and solutions for elevators, escalators, automatic doors, and fire safety systems.
Our human + tech approach sets a new standard for service quality, customer experience, and growth.
To learn more, visit WeMaintain.com and follow us on LinkedIn.
Dubai still delivers, even in the shadow of war. I’ve just arrived back in the city where we have our headquarters and several core offices, and what strikes me immediately is not disruption, but continuity. The US-Iran conflict has injected real tension into the region, with the Strait of Hormuz under pressure and the wider Middle East adjusting to a far more uncertain backdrop. Yet here in […]
Apple’s higher-memory Mac mini and Mac Studio models are becoming harder to buy in several markets, as pressure on the global memory supply chain collides with strong demand for AI hardware and growing industry talk of fresh desktop upgrades later this year. Apple continues to sell both desktop lines, but availability has tightened most visibly around customised configurations with larger memory allocations rather than entry-level machines. That […]
By Nantoo Banerjee The country is experiencing a significant surge in commodity and transportation costs following geopolitical tensions in the Persian Gulf region and a weak Indian Rupee. Retail prices of daily essentials are rising rapidly. The prices of edible oils, pulses and packaged foods, including drinking water, have moved up since last month. Precious […]
The article Prices Are Fast Shooting Up Fanning Inflation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Starting from April 13, 2026, owners and renters of VinFast electric vehicles in Indonesia and the Philippines can register to become service partners on the Green SM Platform. Developed within GSM’s fully electric mobility ecosystem, the platform is designed to expand driver and vehicle supply, while ensuring all operations are delivered under consistent, professional service standards.
Upon successful registration, driver partners will undergo structured training programs covering operational procedures and service standards to ensure a consistent and high-quality customer experience. The platform offers a competitive revenue-sharing model of up to 90%, along with performance-based incentive schemes, enabling driver partners to maintain stable income and pursue long-term development opportunities.
In parallel, Green SM Indonesia and Green GSM Philippines are introducing comprehensive support policies to help partners access vehicles more easily through VinFast electric vehicle purchase and rental programs. These initiatives reducebarriers to entry and accelerate the expansion of the driver network.
In Indonesia, partners can register for the program and quickly gain access to VinFast electric vehicle models such as VF 5, VF e34, VF 6, and Limo Green, enabling them to begin operation as soon as the required procedures . are completed. The model requires no loans or significant upfront investment, enabling drivers tobuild stable income streams.
In the Philippines, Green GSM is rolling out the program with VF 5 and Limo Green models, supported by comprehensivepolicies covering registration, insurance, and operations. This enables drivers to join the platform with ease and gradually build stable operations, with income potential aligned with local market conditions and business needs.
Notably, drivers operating VinFast electric vehicles will continue to benefit from free charging policies through March 31, 2029, significantly reducing operating costs and improving income efficiency.
Mr. Nguyen Van Thanh, Global CEO of GSM, said: “Green SM Platform is not only a step forward in service expansion, but also a solution to accelerate the transition to green mobility across Southeast Asia. By building an open platform with high service standards, we aim to rapidly increase the number of electric vehicles in operation, delivering a sustainable, modern, and reliable mobility experience for the community. This is a strategic move toward shaping a comprehensive green transportation ecosystem across the region.”
Amid growing demand for flexible employment in major cities, the Green SM Platform enables workers to quickly access vehicles, start earning, and generate stable income withoutlarge upfront investments or complex financing schemes. The platform rollout in Indonesia and the Philippines not only strengthens Green SM’s regional presence but also helps shape a sustainable urban mobility model, where technology, environmental responsibility, and livelihoods can grow in parallel.
| Further information on the Green SM Platform, including partner registration and vehicle leasing programs, is available at:
Indonesia: Philippines: |
Hashtag: #GreenSM #GSM
The issuer is solely responsible for the content of this announcement.
France and Britain are preparing to convene partner countries for what President Emmanuel Macron described as a peaceful multinational mission to restore freedom of navigation in the Strait of Hormuz, marking a European push to keep one of the world’s most important energy arteries open without joining Washington’s new blockade of Iranian ports. Prime Minister Keir Starmer said Britain would not support the US blockade and insisted […]
The early-April figures reinforce a broader pattern already visible through the first quarter. South Korea, one of the world’s most closely watched export economies because of its central role in memory chips, displays and consumer electronics, has been benefiting from a steep recovery in semiconductor sales after a prolonged industry downturn. Reuters reported at the end of February that the country’s chip exports had jumped 160.9 per cent in that month alone, passing $20 billion for a third straight month as AI investment and stronger memory prices lifted demand.
Semiconductors were again the main engine in the latest 10-day release. Chip exports surged 152 per cent from a year earlier, underscoring how heavily South Korea’s trade performance is now tied to data-centre investment, high-bandwidth memory demand and the wider AI build-out led by large technology firms. That strength has helped offset a less even backdrop in other parts of the economy, where investment, household demand and external policy risks remain more mixed.
The export rebound matters well beyond monthly trade headlines. South Korea’s central bank raised its 2026 growth forecast to 2.0 per cent in February and signalled that a chip-led upswing was giving policymakers more room to hold interest rates steady while watching inflation and financial stability risks. Reuters also reported this month that central bank officials see strong semiconductor exports and an extra budget as factors easing downward pressure on growth, even as won weakness and higher energy costs complicate the inflation outlook.
Factory data has pointed in the same direction. A Reuters report on S&P Global survey findings showed South Korea’s manufacturing activity expanded in January at the fastest pace in nearly a year and a half, helped by stronger export orders from China, North America and Europe. Manufacturers reported improving optimism as orders strengthened in sectors such as autos and semiconductors, indicating that the recovery is not only statistical but also visible in production and order books.
Still, the trade picture is not free of risk. South Korea remains highly exposed to swings in global demand, to US trade policy and to supply disruptions linked to tensions in the Middle East. Reuters polling before the March trade data showed imports rising sharply as higher oil prices pushed up the energy bill, even while exports surged on semiconductor strength. That combination can support headline trade values, but it also leaves the economy vulnerable to a renewed squeeze from commodity inflation and currency volatility.
Another uncertainty lies in concentration. The same chip boom that is lifting exports also raises dependence on a narrow cluster of products and companies. South Korea’s trade resilience is being powered largely by memory and advanced semiconductor demand, especially products linked to AI servers. Investment plans such as SK Hynix’s announcement in February of 21.6 trillion won in new facilities show confidence in long-term demand, but they also underline how central the semiconductor cycle has become to the country’s broader growth model.
For now, the momentum remains hard to ignore. Reuters polling ahead of the March data had already pointed to the fastest export growth in nearly five years, with shipments to the United States and China both showing strong gains alongside the semiconductor surge. Monday’s early-April figures suggest that pace has carried into the second quarter, strengthening the case that South Korea’s exporters are entering another period of outsized performance after a weak stretch in 2025.
TCL Electronics is exploring the sale of a stake in its television manufacturing business in India to local buyers, in a move that could help the Chinese consumer electronics group expand more deeply in one of the world’s fastest-growing electronics production bases, according to people familiar with the matter. Bloomberg reported the company is working with an adviser and is seeking to raise at least $200 million from the proposed stake sale.
The deliberations point to a broader shift in strategy for global electronics groups operating in India, where policy support for domestic manufacturing, supply-chain localisation and greater local participation in ownership are increasingly shaping investment decisions. India approved more than $750 million in projects for electronic component manufacturing at the end of March and has set a target of lifting electronics output to $500 billion by fiscal 2031, up from $125 billion in the year to March 2025.
TCL has spent years building out its industrial footprint in the country. The group’s Tirupati manufacturing base, unveiled as its largest such facility outside China, was designed to produce TV and mobile phone screens at scale. Economic Times reported the plant was built with annual capacity for eight million large-sized TV screens and 30 million small-sized mobile screens.
That industrial push has since been reinforced by TCL CSOT India, the company’s display-panel arm, which said it had completed three production lines with monthly capacity of 1.2 million units and was moving towards full bonding, lamination and assembly operations with capacity reaching two million units a month. The company said the India operation was supplying panel modules to customers including Samsung, underscoring that the business is not only about selling finished televisions under the TCL brand but also about embedding itself in the wider supply chain.
A partial stake sale to domestic investors would therefore carry strategic weight beyond capital raising. It could give TCL stronger local alliances, improve regulatory comfort, and help the company navigate a market where manufacturing, sourcing and ownership are increasingly entwined with industrial policy. It may also position the business more favourably in dealings with state governments, suppliers and large retail channels as competition intensifies across the television segment. The company has not publicly announced any transaction, and the talks may not lead to a deal.
For TCL, India matters not just as a sales market but as a production and export platform. The company’s 2024 annual report showed it shipped 29 million televisions worldwide last year, with global market share by shipments rising to 13.9%, placing it among the top two TV brands globally, according to Omdia data cited by the company. The same report said TCL ranked among the top three in retail sales volume in nearly 20 overseas markets and recorded strong growth across emerging markets, including the Middle East and Africa.
Those figures help explain why TCL may be seeking a structure that allows it to preserve momentum in India while adapting to local realities. India is becoming harder to treat as a simple import destination. Policy incentives are encouraging assembly, component manufacturing and deeper supply-chain integration, while geopolitical tensions and tariff shifts are prompting multinational groups to diversify production beyond a single geography. For television makers, that means scale alone is no longer enough; local manufacturing depth and political acceptability also matter.
The move also reflects a wider pattern among Asian electronics manufacturers, many of whom have expanded capacity in India to reduce dependence on imports and align themselves with official manufacturing goals. Reuters reported in late March that New Delhi’s incentive programmes are aimed at cutting import dependence and strengthening local supply chains. That policy environment has created room for both foreign and domestic investors, but it has also made partnership structures more attractive than wholly externally controlled operations in sensitive or high-volume sectors.
Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]
Britain will not back a United States blockade in the Strait of Hormuz, Prime Minister Keir Starmer said on Monday, drawing a firm line between protecting shipping routes and joining a wider military escalation around Iran. His intervention came after Washington announced it would block maritime traffic entering or leaving Iranian ports, while saying vessels transiting between non-Iranian ports could still pass through the strategic waterway. Starmer’s […]
Hexagon has agreed to buy Waygate Technologies from Baker Hughes for about $1.45 billion in cash, giving the Swedish measurement technology group a bigger presence in industrial inspection and opening a new front in its push beyond traditional metrology. The deal, announced on Monday, hands Hexagon control of a business that supplies non-destructive testing equipment used to inspect critical components and assets without taking them apart or […]
Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]
Scientists have identified 37 active subglacial lakes beneath glaciers in the Canadian Arctic, with 35 of them not previously documented, adding a significant new layer to understanding how one of the planet’s fastest-changing cryospheric regions behaves as temperatures climb. The findings, published on 23 March 2026 in The Cryosphere, are based on satellite-derived elevation data collected between 2011 and 2021 and point to a far more dynamic […]
Arabian Post Staff -Dubai Oil vaulted above $100 a barrel and share markets retreated on Monday after President Donald Trump ordered a US naval blockade targeting traffic to and from Iranian ports, sharply escalating tensions around the Strait of Hormuz after weekend talks between Washington and Tehran collapsed in Islamabad. The move revived fears of a wider confrontation across the Gulf and renewed concern over inflation, shipping […]
Arabian Post Staff -Dubai Abu Dhabi-based Etihad Airways has unveiled one of its largest single-market expansions in years, adding five mainland China destinations and 28 weekly flights as it deepens its joint venture with China Eastern Airlines and sharpens its focus on a corridor carrying growing weight in trade, tourism and cargo. The move will lift Etihad’s mainland China operation to 35 weekly services across six gateways, […]
Arabian Post Staff -Dubai Central Bank of the UAE has appointed financial software group VERMEG to develop a central securities depository solution, a move that places the monetary authority more directly inside the country’s post-trade market infrastructure and signals a broader push to tighten the links between payments, settlement and capital markets. The announcement was made on 13 April, with CBUAE saying the project is intended to […]
SINGAPORE – Media OutReach Newswire – 10 April 2026 – Modern beauty has a new enemy, and it’s right in our hands: the mobile phone. Endless scrolling keeps us hooked, but it also keeps our heads down. With content so addictive, one ends up spending hours slouching. So, all that main character power and energy vanish—replaced by slumping and hunching. Over time, posture slips, presence shrinks, and bold beauty follows. “Text neck” isn’t just a physical issue; it’s quietly changing how we carry ourselves.
LUX, the iconic global beauty brand, knows true radiance is about how you show up. That effortless “it girl” energy starts with posture. That’s why the brand is launching LUX Chin Up—a digital tool designed to tackle “Text Neck” and help women keep their heads high and their bold beauty even higher. It’s the perfect modern solution for the modern beauty problem.
“LUX always inspires women to boost their presence and own their beauty power,” said Gaurav Datta, Global Brand VP. “Our phones are amazing for self-expression, but there’s a catch. While they elevate our digital selves, they often shrink our real-world presence. That constant downward scroll quietly chips away at posture, poise, and bold beauty. With ‘Chin Up,’ we’re offering a simple way for women to realign, lift up, and step back into their power.”
LUX has a brilliantly simple, tech-forward solution. Forget complicated downloads or wearable tech. LUX Chin Up is a smart web page that taps into your phone’s own motion sensors. When used with the split-screen option, it stays on screen as a small tab, reminding you of the right angle to be maintained while you doomscroll.
LUX believes this can be an essential modern-day beauty ritual that extends beyond the shower to solve a modern-day problem. By habituating women to hold the right posture, LUX is naturally lifting their chins, opening their posture, and instantly restoring that vibrant, room-commanding presence. It’s a small shift that brings Main Character Beauty to life, on screen and off.
Make LUX Chin Up a habit, try it for a week and improve your posture. Visit lux.com/chinup
Hashtag: #LUXChinUp #LUX
The issuer is solely responsible for the content of this announcement.
In 2026, the Hong Kong Gifts & Premium Fair will spotlight four key focuses – personalisation, sustainability, health & wellness, and culture & creativity – guiding buyers to discover products that reflect the latest market trends and consumer preferences.
The fair will once again feature the highly acclaimed Hall of Fine Designs, a convergence point of reputed brands. First time exhibitors include Alpha Art Gifts LLC (United Arab Emirates), known for its unique and high-quality gift solutions; Crown Decor Pvt Ltd (India), a leading manufacturer for premium laminates. And the distinguished Hong Kong brands Camel and RedA will continue showcase their products at the fair. In addition, the Shanxi Pavilion will make its debut at the Hong Kong Gifts & Premium Fair 2026. This year, the Zhejiang Pavilion, for the first time led by the Department of Commerce of Zhejiang Province, will bring a large number of exhibitors. Meanwhile, the Korea Pavilion and Busan Pavilion will return with even greater presence.
Furthermore, the Hong Kong Exporters’ Association will assemble Hong Kong companies to form a pavilion, showcasing the design skills and branding excellence of Hong Kong’s product designers. The Smart Design Global, organised by Hong Kong Exporters’ Association, will also showcase shortlisted entries and signature products from its participating companies at the Gifts & Premium Fair, leveraging the fair as a platform to promote Hong Kong original designs to international markets.
Running concurrently, Home InStyle will focus on new materials, culture & creativity, and gerontechnology for silver‑age living, aligning with emerging lifestyle and consumer trends. The fair completes the sourcing journey by fostering meaningful connections and spark fresh inspiration across the design and lifestyle community.
A key highlight remains the signature Cultural and Creative Avenue, which will showcase distinguished designs from around the world and welcome international brands that blend unique design concepts with cultural heritage. The fair’s collaboration with Pantone will be elevated, with the Colour of the Year 2026 “Cloud Dancer” prominently featured in this zone. Through trend-focused displays and real-life applications, visitors will see the colour brought to life, helping buyers and exhibitors visualise its use in contemporary home and lifestyle products.
Furthermore, funded by the Innovation and Technology Commission, Home InStyle will launch the Gerontech and Innovative Material Pavilion, where nearly 20 local enterprises will present a wide range of innovative technology products and solutions designed for senior living, while highlighting the application of new materials in home spaces.
“Adding to the fair’s design-led highlights, the 2nd MOTIFX – Embracing the Beauty of Chinese Culture exhibition, organised by the Hong Kong Design Institute (HKDI) under the Vocational Training Council (VTC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), invites emerging designers to reinterpret traditional Chinese elements for contemporary contexts. The project seamlessly integrating historical components into modern objects, interiors, and lifestyle products while deepening new generations’ engagement with their cultural heritage.”
Home InStyle will also host a selection of international brands known for their craftsmanship and creativity. Highlights include vibrant hand-blown Bohemian glassware, handmade baskets and bags woven from wild grapevines alongside classic bamboo steamers, and licensed DC Comics illuminated signs.
Throughout the fairs, a series of seminars and forums will bring together leading industry experts to share forward-looking insights on key trends and future developments, from creative thinking and the silver economy to sustainability and beyond. These sessions are crafted to foster meaningful dialogue and equip attendees with the latest market intelligence. As a comprehensive one-stop sourcing platform, the fairs unlock exciting business opportunities and deliver a diverse, world-class selection of lifestyle products and services tailored to every buyer’s needs.
Digital platform creates efficient exhibition experience
Under the EXHIBITION+ model, the fairs integrate offline and online elements. Buyers can continue searching for products and services on the hktdc.com Sourcing platform and network through the Click2Match smart business-matching platform. During the physical fair, buyers can use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ exclusive QR codes, bookmark favourite suppliers, browse product information and continue discussions with exhibitors online during or after the show.
One stop registration for HKTDC trade fairs:
https://tinyurl.com/yc8jvdpp
Hashtag: #HKTDC #GiftsFair #HongKong #TradeFair #Innovation #sustainable
https://www.hktdc.com/event/hkgiftspremiumfair/en
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Saudi Arabia has restored full pumping capacity on its East-West pipeline to about seven million barrels a day, reactivating a strategic export artery that has become central to global crude flows during the disruption of shipping through the Strait of Hormuz. The Ministry of Energy said operational and technical teams brought the line back to full strength within days of attacks that had […]
DIAFA, the Abu Dhabi-based luxury hospitality investment platform affiliated with IHC Group, has completed a majority investment in Richard Caring’s hospitality portfolio in a deal described as ten-figure, placing a value of at least £1 billion on a collection of some of London’s best-known restaurants and private members’ clubs. The transaction brings The Ivy Brasseries, Caprice Holdings and The Birley Clubs under DIAFA’s control, while Richard Caring […]
Arabian Post Staff -Dubai University of Sharjah has opened a conference on intellectual security and social media, placing the debate over online influence, youth vulnerability and responsible digital engagement at the centre of its academic agenda as governments, universities and religious scholars grapple with the speed at which harmful narratives can spread online. The event, organised by the College of Sharia and Islamic Studies through its Forum […]
