News related to
next

Apple is set to work with Intel on designing and manufacturing chips in the United States, President Donald Trump said, signalling a potential breakthrough for Intel’s foundry ambitions and a fresh shift in Washington’s effort to bring advanced semiconductor production closer to home. The announcement, made through Trump’s social media account, has not yet been publicly confirmed by either Apple or Intel. Both companies have declined to […]

Abu Dhabi Investment Authority and a group of institutional investors have bought a 7.3 per cent stake in Corona Remedies for ₹777 crore, marking a sizeable secondary market transaction in the Ahmedabad-based drugmaker months after its stock market debut.

The shares changed hands through block deals on the National Stock Exchange, with the transaction executed at ₹1,730 a share. The deal involved about 44.9 lakh shares, with private equity investor ChrysCapital, through its affiliate Sepia Investments, and Anchor Partners selling part of their holdings. ADIA bought 39,130 shares, while other buyers included Aberdeen Group, Factory Mutual Insurance Company, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Ashoka WhiteOak and other funds.

Corona Remedies’ shares rose nearly 3 per cent after the transaction, trading around ₹1,840 on the NSE, as the market read the entry of large domestic and overseas institutions as a vote of confidence in the company’s branded formulations business. The block deal valued the stake at a premium to the company’s public issue price band of ₹1,008-₹1,062 a share in December 2025, underlining the strong post-listing performance of the stock.

Sepia Investments sold 43.28 lakh shares, equal to about 7.07 per cent of Corona Remedies’ equity, for around ₹748.9 crore. Anchor Partners offloaded 1.61 lakh shares, or 0.26 per cent, for about ₹28 crore. Sepia’s stake fell to 12.69 per cent from 19.76 per cent after the sale, while the wider ownership base brought more institutional depth to the company’s shareholder register.

The transaction is also a partial exit for early financial investors who backed Corona Remedies before its public listing. For buyers, the attraction lies in a domestic formulations franchise with established brands across women’s healthcare, cardio-diabeto, pain management, urology and other therapeutic categories. The company has positioned itself in segments with higher repeat prescription potential and relatively stronger pricing resilience than low-margin commodity generics.

Corona Remedies reported revenue growth of about 17 per cent in the financial year ended March 2026, while profit after tax rose about 33 per cent. Its full-year revenue crossed ₹1,400 crore, supported by growth in chronic and sub-chronic therapies, brand-led marketing and wider distribution. The company’s earlier public offer was entirely an offer for sale, meaning the proceeds went to existing shareholders rather than to the company.

The drugmaker was ranked among the top 30 pharmaceutical companies in the domestic pharmaceutical market by sales before its listing. Women’s healthcare is one of its strongest verticals, followed by cardio-diabeto, pain management and urology. Its brand portfolio includes products targeted at specialist doctors, a strategy that has helped it command higher prescription visibility in selected therapies.

The stake purchase comes at a time when pharmaceutical companies with strong domestic franchises are drawing investor interest. Companies focused on branded formulations have benefited from rising healthcare consumption, deeper insurance penetration, higher diagnosis rates for chronic conditions and stronger prescription volumes in urban and semi-urban markets. The domestic pharmaceutical market has also been less exposed to some of the pricing and regulatory volatility faced by export-heavy generic drugmakers.

ADIA’s participation fits a broader pattern of Gulf sovereign capital seeking exposure to healthcare, pharmaceuticals, financial services, infrastructure and consumer platforms across growth markets. The Abu Dhabi fund has built a diversified global portfolio and has been active in private equity, listed equities, real estate and alternatives. Its entry into Corona Remedies, though modest in percentage terms, adds to institutional interest in healthcare businesses with predictable cash flows and long-term demand visibility.

For Corona Remedies, the deal improves public float quality and may support market liquidity. Greater institutional ownership can also bring closer scrutiny of margins, product concentration, compliance, capital allocation and future acquisition strategy. The company’s next phase will be measured against its ability to maintain growth while protecting profitability in a market where promotional expenses, field-force productivity and doctor engagement remain critical.

The transaction also highlights how block deals have become an important route for private equity funds to monetise stakes after listings. Rather than waiting for gradual market sales, large shareholders can exit or pare exposure through negotiated exchange transactions that allow institutional buyers to acquire sizeable positions in a single trading window. Such deals can reduce overhang when executed cleanly, though they also put focus on valuation sustainability after the initial market response.

Apple has issued a firmware update for Beats Studio Buds after confirming a Bluetooth security flaw that could allow an attacker nearby to listen through the earbuds’ microphone while the device was unpaired and searching for pairing requests. The fix, released as Beats Firmware Update 1B211 on June 16, addresses CVE-2025-20701, a high-severity vulnerability tied to Bluetooth audio code used in the earbuds. The flaw affected Beats […]

By Arun Srivastava The Bharatiya Janata Party’s (BJP) strategy of fracturing regional parties serves as a quaternary-track political manoeuvre designed to secure long-term constitutional dominance, dismantle the opposition architecture INDIA bloc, give a shape to its long cherished desire to create Bharat free of active opposition and finally, consolidating its position in 2029 and sweeping […]

The article BJP Top Brass’s Three-Year Plan To Achieve ‘One-Party, One-Nation’ Goal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Dubai International Financial Centre has opened a 30-day consultation on proposed amendments to its Data Protection Regulations, setting out tougher governance requirements for artificial intelligence systems that process personal data across the financial centre. The proposals, published under Consultation Paper No. 3 of 2026, are aimed at reinforcing the framework for autonomous and semi-autonomous systems, clarifying certification obligations and defining the responsibilities of Autonomous Systems Officers. Stakeholders […]

SINGAPORE- Media OutReach Newswire – 19 June 2026 – For many students considering higher education, choosing an institution is not only about selecting a programme or qualification. Students are also looking for a learning environment where they belong, receive support, build confidence and connect with people who can help with understanding future career pathways.

At SIM Global Education (SIM GE), campus life is designed to complement academic learning by helping students develop networks, soft skills, career awareness and a stronger sense of community. SIM GE’s holistic learning approach and culturally diverse environment aim to equip students with an all-rounded global education, while student life, career development and networking activities help students build competencies needed to thrive in the real world.

This is increasingly important in higher education. UNESCO’s International Institute for Higher Education notes that student wellbeing is critical to academic success and personal development, and that inadequate support can affect learning outcomes, career readiness and students’ ability to contribute meaningfully to society.

Addressing student concerns beyond the classroom
Students exploring higher education often face several practical concerns. They may wonder whether they will make friends, whether they will be supported if they struggle, whether they will have opportunities to develop leadership skills, and whether they can access career guidance before entering the workforce.

SIM GE addresses these concerns through a campus ecosystem that combines student clubs, leadership development, peer support, wellbeing programmes and career services. Through Project 1095, SIM GE highlights that education extends beyond books, exams and qualifications, encompassing knowledge, skills and activities both inside and outside the classroom. This approach supports students who want a fuller higher education experience to grow personally, socially and professionally.

Building networks through clubs and co-curricular activities
Student clubs and co-curricular activities are among the first ways SIM GE students build connections on campus. SIM offers nearly 80 student clubs across areas such as arts and culture, international student clubs, student councils, special interest groups, sports and fitness. These activities allow students to broaden their interests, discover new talents and interact with peers beyond their academic programmes.

For students, these communities can make networking feel more natural. Instead of viewing networking only as a formal career activity, students can begin by working with peers on events, competitions, club projects and leadership initiatives. These experiences help students develop communication, teamwork, confidence and relationship-building skills that are valuable in both campus life and the workplace.

Developing leadership and workplace-ready skills
Leadership opportunities are another important part of the SIM GE student experience. Project 1095 states that SIM aims to prepare every student to be a leader, with opportunities ranging from leadership positions in clubs, to workshops that help students take charge of their learning journey.

These experiences are relevant to students who want to strengthen their employability before graduation. By organising activities, leading teams, managing projects and engaging with different student groups, students can develop confidence and practical skills that support their future careers. Such skills are increasingly valued by employers. The World Economic Forum’s Future of Jobs 2025 report identifies skills such as analytical thinking, resilience, flexibility, agility, leadership and social influence as important for the future workforce.

Connecting students with career guidance and industry networks
For students seeking more direct career support, SIM Career Connect helps students develop a competitive edge, build industry networks and professional connections, and align their career aspirations with real-world opportunities. This is a key part of helping students transition from academic learning to career readiness. Through career guidance, networking opportunities and employer engagement, students can better understand industry expectations and explore potential career pathways.

SIM’s Employer Engagement team also works with industry partners to connect employers with SIM GE students, supporting employers in finding the right fit from its pool of talent, and provides. For students, this access to industry networks can help reduce uncertainty about life after graduation. It also gives them opportunities to gain exposure to professional environments, employer expectations and potential career directions while still studying.

The role of mentoring in student career development
Mentoring and professional guidance are important because students often need perspective as much as information. Research on employability-oriented higher education programmes has highlighted that higher education has increasingly focused on developing students’ employability competences through mentoring programmes.

Within SIM GE’s broader campus life and career ecosystem, students can connect with peers, student leaders, career advisors, employers and industry opportunities. These touchpoints help students build confidence, ask the right questions, learn from others’ experiences and make more informed decisions about their future.

Helping students make a more confident higher education choice
As students consider their higher education options, many are looking for more than a classroom experience. They want to know whether they will be supported, whether they can build friendships, whether they will have access to career resources, and whether they can connect with people who can help them understand the world of work. At SIM Global Education, student life plays an important role in addressing these concerns. Through clubs, co-curricular activities, student leadership, peer support, wellbeing services, career guidance and employer engagement, SIM GE provides students with opportunities to build meaningful connections and develop future-ready skills.

For students choosing their next step in higher education, these experiences can make a significant difference. They help you move from uncertainty to confidence, from participation to leadership, and from academic learning to stronger career readiness.

Reference

  1. SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/sim-ge
  2. New insights on countries’ objectives to support student well-being in higher education – https://www.iesalc.unesco.org/en/articles/new-insights-countries-objectives-support-student-well-being-higher-education
  3. Project1095 – https://project1095.simge.edu.sg/
  4. Future of Job Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/
  5. SIM Career Service – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/career-services
  6. Measuring mentoring in employability-oriented higher education programs: scale development and validation – https://pmc.ncbi.nlm.nih.gov/articles/PMC10170025/
  7. Wellness and Counselling – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-care

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

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

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit

By R. Suryamurthy India’s economy is supposedly doing remarkably well. Growth remains among the fastest in the world. Stock markets continue to flirt with record highs. Billionaires are multiplying. Airports are expanding. Bullet trains are advancing. Defence exports are reaching new milestones. The nation is speaking confidently about becoming a $10 trillion economy and a […]

The article The Great Dichotomy Of The Growing Indian Economy Haunts Millions appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Advertisements

Advancement in international reputation, employer reputation, and global engagement

HONG KONG SAR – Media OutReach Newswire – 18 June 2026 – The Chinese University of Hong Kong (CUHK) has been ranked 18th globally in the latest Quacquarelli Symonds (QS) World University Rankings 2027, climbing 14 places from 32nd in the previous year and entering the global top 20 for the first time. This achievement reflects CUHK’s steady progress in the global higher education landscape, with notable improvements across multiple indicators, including employer reputation, international research network, international student ratio, and faculty student ratio. The University once again achieved a full score in the international faculty ratio, reinforcing its position as a leading research university in Asia with global recognition.

Professor Dennis Lo Yuk-ming, CUHK’s Vice-Chancellor and President, said: “CUHK’s entry into the global top 20 marks a significant milestone in the University’s development and stands as a testament to the collective efforts of our faculty, students, alumni, and partners over the years. Rooted in Hong Kong, China’s most international city, CUHK is committed to the education of outstanding students and scholars from across the globe with a dynamic environment that integrates academic excellence, cultural diversity, and innovation. The notable rise in employer reputation underscores the effectiveness of CUHK’s collegiate system and liberal arts education, combined with the strengths of a research university. We are dedicated to nurturing a new generation of leaders with independent thinking, cross-cultural perspectives and a strong sense of social responsibility, enabling them to excel across diverse fields. CUHK is also a global hub for academic excellence that brings together top scholars from around the world. The full score in the international faculty ratio once again highlights our sustained strength in attracting world-class talent.”

“Looking ahead, with the forthcoming launch of the CUHK Strategic Plan 2026–2030, we will deepen our strategic partnerships with leading universities, industries, and government organisations. By advancing impactful research and knowledge transfer, we aim to collaborate in addressing the common challenges facing humanity. We extend our sincere gratitude to the HKSAR Government, our nation and partners across sectors for their steadfast support, and warmly invite outstanding students, scholars, and collaborators from around the world to join us in shaping the next chapter of higher education.”

The 2027 rankings assessed the performance of over 1,500 universities worldwide. CUHK showed substantial improvement across several indicators, including:

  • Rising 14 places to 18th globally, marking a historic high for CUHK;
  • Ranking second in Hong Kong in academic reputation, employer reputation, employment outcomes and sustainability;
  • Recording a notable rise in employer reputation, reflecting growing recognition among global employers of the professional competence and leadership potential of CUHK graduates;
  • Achieving full score in the international faculty ratio once again, highlighting the University’s strength in attracting top academic talent from around the world;
  • Recording significant improvements in indicators such as international research network, international student ratio, and faculty student ratio, reflecting CUHK’s continued progress in internationalisation and global engagement, as well as its ongoing efforts to enhance teaching support and the student learning experience.

This year’s ranking represents CUHK’s best performance since the introduction of the QS World University Rankings in 2010. Building on this milestone, the University will continue to enhance the quality of teaching and learning, strengthen its global academic networks and research impact, to nurture outstanding talent for China and the international community.

For QS World University Rankings 2027, please click here for more details.
Hashtag: #CUHK #QS #Rankings






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

About The Chinese University of Hong Kong

Founded in 1963, The Chinese University of Hong Kong (CUHK) is a leading comprehensive research university with a global reputation and world-leading rankings. Located in the heart of Asia, CUHK has a vision and a mission to combine tradition with modernity, and to bring together China and the West. Under the University’s unique collegiate system, the programmes and activities offered by its nine colleges complement the formal curricula by delivering whole-person education and pastoral care. The University has eight faculties: Arts, Business Administration, Education, Engineering, Law, Medicine, Science, and Social Science. Together with the Graduate School, the University offers over 300 undergraduate and postgraduate programmes. All faculties are actively engaged in research in a wide range of disciplines, with an array of research institutes and research centres specialising in interdisciplinary research of the highest quality.

Leonardo and Abu Dhabi’s EDGE Group have set a target of more than €4 billion in orders over five years for a new defence sensors and systems joint venture, signalling a deeper industrial push by the UAE into high-end military technology and a wider export drive by Europe’s defence manufacturers. The venture, detailed at a Paris event on Wednesday, is expected to begin operations with contracts already […]

Gulf economies are forecast to stage a sharp rebound in 2027 after a conflict-driven contraction this year, as energy exports recover, travel demand returns and business confidence improves across the six-member Gulf Cooperation Council. The latest ICAEW-Oxford Economics Economic Insight report projects GCC gross domestic product to shrink 2.4 per cent in 2026, before expanding 8.1 per cent in 2027. The forecast marks one of the starkest […]

NEW YORK, US – Media OutReach Newswire – 17 June 2026 – GLM, a fashion and tech accessories brand, today announced the launch of the Essential Clutch – Limited Edition, a slim laptop clutch designed to complement the Microsoft Surface Laptop, 13.8-inch. Available in limited quantities, the piece is equally suited to slim laptops from all manufacturers and continues GLM’s approach of treating tech carry with the same design intent applied to fashion accessories. GLM is a Designed for Microsoft Surface Partner, recognizing products built to meet Microsoft’s standards for fit, protection, and design alongside Surface devices.

Photo Courtesy of GLM
Photo Courtesy of GLM

The Essential Clutch – Limited Edition is made from cactus leather, a plant-based vegan leather, with 100% recycled fabrics used for lining, straps, and protective padding, consistent with the materials across GLM’s collection. The interior lining, an exclusive Art Deco print, was designed to align with the Microsoft Surface Laptop, 13.8-inch, offering device owners a complementary piece that stands on its own as a considered accessory. As a limited-edition release, the restricted quantities reflect both the seasonal nature of the colorway and the brand’s broader commitment to low-waste production. The clutch is designed to carry necessary technology without bulk, supporting commutes, office environments, evening engagements, and travel days that require consolidation. It can be worn on its own or nested inside a larger tote to distribute weight across bags.

The Essential Clutch joins GLM’s existing range of slim laptop bags, which launched in the U.S. earlier this year. GLM was founded by Candina Weston, who brings more than 25 years of experience across technology, the PC industry, retail, marketing, and operations, including senior leadership roles in structured technology environments and brand-led businesses. This background informs the brand’s focus on real-world professional carry needs: device protection, a slim and structured silhouette, and a design philosophy that treats laptop carry as a daily requirement rather than purely functional.

GLM identifies its target audience as professionals across industries who care about style and whose daily routines involve movement.

“The Essential Clutch – Limited Edition is a natural extension of what GLM is built on,” said founder Candina Weston. “We designed it to sit alongside the devices people already carry, while keeping the same focus on slim, considered design that runs through the rest of the collection.” GLM currently serves customers in the United States and Singapore, with plans to expand into additional international markets within the next 12 months.Hashtag: #GLM



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

About GLM

GLM designs slim laptop bags for professionals who carry technology as part of daily work and travel. Founded by Candina Weston, who brings over 25 years of experience across the PC industry, retail, and operations in the US, Europe, and Asia, the company produces laptop bags in multiple styles using plant-based vegan leather and recycled fabrics, with a focus on integrating laptop carry into fashion-led design. GLM is a Designed for Microsoft Surface Partner.

Oman and Sri Lanka have opened a new channel of investment cooperation centred on special economic zones, free zones and industrial cities, adding momentum to efforts by both countries to attract long-term capital into logistics, real estate, services and manufacturing.

Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones, held talks in Muscat with Harsha Amarasekera, Chairman of the Colombo Port City Economic Commission, on opportunities to link the two countries’ zone-development strategies. The discussions covered commercial and real estate development, mechanisms to improve the business environment, and ways to draw high-quality investments into projects designed to support sustainable growth.

The meeting marks a targeted attempt to move bilateral economic ties beyond conventional trade into the management, promotion and regulation of investment destinations. Both sides reviewed experience in developing and administering special economic zones and examined international practices that could raise operational efficiency, improve investor services and strengthen competitiveness.

For Oman, the engagement fits a wider policy push to make economic zones central to diversification under Vision 2040. OPAZ, established in 2020, supervises key destinations including the Special Economic Zone at Duqm, Sohar Free Zone, Salalah Free Zone and Al Mazunah Free Zone, while promoting a network of industrial estates and logistics-led investment sites. The zones offer incentives such as full foreign ownership, capital and profit repatriation, customs advantages and tax exemptions that can run up to 30 years for qualifying projects.

The policy framework was reinforced by Royal Decree 38/2025, which brought special economic zones and free zones under a unified law that took effect in April 2025. The legislation replaced separate legal regimes for free zones and Duqm, introduced clearer provisions for foreign ownership and licensing, and strengthened the case for a one-stop system to cut procedural delays for investors.

Duqm has become the most visible test of that strategy. Oman signed ten agreements and memoranda this month for projects in the zone with estimated investments of $7.5 billion, including a $4.2 billion green hydrogen development by ACME Group. The package underlines how Muscat is using zone-based infrastructure to capture capital in clean energy, downstream industry, logistics and export-linked production.

Sri Lanka approaches the talks from a different but complementary position. The island’s post-crisis recovery has made investment promotion a policy priority, with foreign direct investment crossing $1 billion in 2025. The Board of Investment approved 146 projects worth about $1.9 billion during the year, with manufacturing, port development and tourism accounting for the largest shares of inflows.

Colombo Port City gives Sri Lanka a flagship platform for the dialogue with Oman. Built on 269 hectares of reclaimed land next to Colombo’s central business district, the project is structured as an international service-oriented special economic zone, with an initial investment of $1.4 billion and expected overall investment of about $20 billion when fully developed. Its commission acts as a single-window facilitator for investors and grants incentives for businesses of strategic importance.

The Omani-Sri Lankan conversation also highlighted small and medium-sized enterprises, an area where both economies are seeking wider participation in export growth and innovation. Sri Lanka’s SME base is tied to apparel, services, technology, tourism and light manufacturing, while Oman is trying to deepen local supply chains around ports, industrial estates and energy projects. Collaboration could extend from investor promotion to training, supplier development and zone management systems.

The timing is significant. Sri Lanka remains under an IMF-backed reform programme after its 2022 financial crisis, with fresh financing approved in May to support reserves and policy stability. Growth remains exposed to external pressures, including energy-price volatility and climate shocks, making durable foreign investment more important than short-term inflows. Oman, meanwhile, is positioning itself as a stable Gulf logistics and production base as investors reassess supply chains.

By K Raveendran The US-Iran deal marks a genuine easing of one of the most dangerous geopolitical shocks to hit the energy market, but it should not be mistaken for a reset button. The immediate risk of a military breakdown has declined, and that matters for every stakeholder: Washington, Tehran, Gulf producers, Asian importers, shipping […]

The article Oil’s Peace Dividend Is Real But No Return To Pre-War Situation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Intersec Saudi Arabia has formed two advisory committees to steer the conference agenda for its 2026 edition, bringing senior security, aviation, infrastructure, fire-protection and emergency-management figures into the planning of the Future Security Summit and the Fire Protection & Technology Summit. The move places artificial intelligence, cyber-physical security, critical infrastructure resilience, predictive risk management and next-generation fire protection at the centre of the Riyadh event, scheduled for […]

Pinterest has committed US$4 billion to Amazon Web Services through 2031, expanding a long-running cloud partnership as the visual discovery platform accelerates artificial intelligence tools for search and shopping. The agreement, announced on 4 June, is the largest infrastructure commitment in Pinterest’s history and places AWS custom silicon at the centre of the company’s next phase of product development. Pinterest plans to increase its use of AWS […]

Freight costs on key Asia-UAE routes have surged from about $1,000 to as much as $7,000 per container, intensifying pressure on importers, retailers, manufacturers and re-exporters that rely on Dubai and other UAE hubs for supplies moving across the Gulf, Africa and South Asia.

The jump, flagged at an IBPC Dubai logistics session, reflects a wider disruption in maritime corridors linked to Middle East tensions, fuel-cost volatility, security-risk surcharges and capacity constraints. Paras Shahdadpuri, Governor of IBPC Dubai and Chairman of Nikai Group, said the disruption had tested businesses while reinforcing confidence in the UAE’s ability to respond effectively. “Freight rates have risen from $1,000 to $7,000, putting pressure on businesses, but the speed of response here has helped maintain confidence in uncertain times,” he said.

The impact is being felt most sharply by businesses with thin margins or long replenishment cycles. Consumer electronics, appliances, automotive parts, food products, textiles, building materials and pharmaceutical consignments are among the categories most exposed to higher freight, delayed vessel schedules and tighter booking windows. Importers face a difficult choice: absorb added costs, renegotiate supply contracts, delay shipments or pass part of the burden to consumers.

Dubai’s response has centred on route diversification, customs facilitation and closer coordination among ports, logistics operators, carriers and government agencies. The Green Corridor linking Dubai and Oman has become a critical pressure valve, allowing cargo arriving through Omani ports and airports to move overland through streamlined procedures. Customs declarations through the corridor rose from about 12,000 in March to nearly 100,000 in April, while the value of goods moved increased from Dh1 billion to more than Dh8 billion.

The corridor has helped sustain flows for containers destined for Jebel Ali, goods entering the local market and re-export cargo bound for other destinations. More than 100,000 TEUs have already moved through Green Corridor initiatives, underlining how quickly shippers have adapted to alternative supply routes. Food security shipments and refrigerated cargo movements have remained stable, a key benchmark for a market dependent on uninterrupted imports.

Freight inflation is not confined to the UAE lane. Global container benchmarks have moved higher as peak-season demand started earlier than usual and conflict risk reshaped vessel deployment. The World Container Index climbed to $3,549 per 40ft container in mid-June, while Asia-Europe and transpacific routes also recorded rate increases. Fuel costs, insurance premiums and route deviations have widened the gap between contracted and spot-market pricing.

The UAE’s logistics model has so far avoided the deeper breakdown seen during earlier global supply-chain shocks. Jebel Ali remains central to regional trade, while Fujairah, Khor Fakkan and Omani gateways have gained strategic importance as alternative access points. Cargo owners are mixing sea, land and air solutions to balance cost against reliability, making multimodal logistics a boardroom issue rather than a back-office procurement function.

The pressure comes at a sensitive time for India-UAE trade, which has expanded under the Comprehensive Economic Partnership Agreement that entered into force in 2022. Bilateral trade reached $101.25 billion in FY2025-26, with the UAE ranking as India’s third-largest trading partner and second-largest export destination. Higher freight costs risk eroding some of the tariff and market-access gains achieved through the pact, particularly for mid-sized exporters and distributors operating on fixed price commitments.

Business groups say the crisis is accelerating changes that were already under way. Importers are adding supplier options in Southeast Asia and the GCC, splitting shipments across ports, increasing buffer stocks for critical items and using digital tracking tools to manage delays. Logistics providers are offering blended products that combine ocean freight, bonded trucking and air cargo, while retailers are reviewing inventory cycles before the next seasonal demand peak.

The strain is also prompting fresh attention to contract design. More companies are inserting freight-adjustment clauses, separating shipping costs from product pricing and seeking clearer force-majeure language for geopolitical disruption. For smaller traders, the biggest challenge is cash flow: a container that once required a modest upfront freight payment can now tie up several times more capital before goods even reach the warehouse.

Nvidia has raised $25 billion through its largest bond sale, drawing a wave of investor demand that underlines Wall Street’s confidence in long-term artificial intelligence spending despite rising questions over the cost of the global data-centre buildout. The Santa Clara-based chipmaker priced the investment-grade deal on June 15 after initially targeting at least $20 billion. Orders reached about $85 billion, allowing the company to expand the transaction […]

Arabian Post Staff -Dubai Valve’s SteamOS has moved into Intel Arc territory after beta updates widened support beyond AMD-powered handhelds, allowing MSI’s Claw 8 AI+ to run the gaming operating system while community testing showed a desktop Arc B580 card booting into the same ecosystem. The shift is an important step for Linux gaming hardware, though it remains far from a polished Windows replacement for Intel users. […]

Abu Dhabi’s AED55 billion public-private partnership programme is set to redraw the emirate’s infrastructure funding model by bringing private capital deeper into transport, water, flood protection, education, healthcare and community assets over the next two years. The pipeline, launched on May 11 by the Abu Dhabi Investment Office and the Abu Dhabi Projects and Infrastructure Centre, covers 24 projects scheduled to be brought to market during 2026 […]

Dubai’s latest trophy land sale has come under scrutiny after public property records indicated that the Dh560 million beachfront acquisition announced by Dubai Sotheby’s International Realty may have been assembled through four separate land transactions rather than recorded as a single deal. The brokerage said this month that it had completed the UAE’s largest land acquisition, involving a European buyer and a beachfront estate of more than […]

Elon Musk’s personal fortune of $1.3 trillion exposes a flaw in one of investing’s most widely accepted ideas. The financial advice industry has for decades championed diversification as the answer to almost every investment challenge. Build a broad portfolio, spread risk, own the market and stay patient. Indeed, it’s sensible advice and, for many investors, entirely appropriate. Yet diversification has gradually evolved from a risk-management tool into […]

Chainguard has launched Athena, a coalition backed by major financial, technology and security groups to repair open-source software flaws before attackers can use artificial intelligence to find and weaponise them. The initiative brings together BNY, Cisco, Cloudflare, Corridor, DepthFirst, Docker, JPMorganChase, Kyndryl, LTM and PwC, with Chainguard acting as the coordinating platform. Athena is already operational with more than two dozen participating organisations, having processed over 20,000 […]

From campus-based learning to visits to a Chinese medicine production base, combining story-based learning with hands-on experience to bring students closer to TCM through fun and interactive engagement

HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – Building on last year’s success, Beijing Tong Ren Tang’s “The Tong Ren Extraordinary Journey” school outreach programme has been further deepened and expanded this year. Evolving from in-school learning to a model that integrates and extends into off-campus activities, the programme combines school visits with tours of Beijing Tong Ren Tang’s production and R&D base, opening a new chapter in a comprehensive way and bringing students closer to traditional Chinese medicine (TCM) through a lively and interactive engagement.

Photo 1: "The Tong Ren Extraordinary Journey" visited 20 primary schools in Hong Kong, bringing students a fun and engaging introductory journey into the world of Chinese medicine.
Photo 1: “The Tong Ren Extraordinary Journey” visited 20 primary schools in Hong Kong, bringing students a fun and engaging introductory journey into the world of Chinese medicine.

Two-stage learning: from in-school education to hands-on experience
Through a variety of interactive formats, “The Tong Ren Extraordinary Journey” offers students an engaging and knowledge-rich introduction to Chinese medicine. Designed around the concept of “from understanding to experience,” the programme combines in-school learning with off-campus visits to Beijing Tong Ren Tang’s production and R&D base. Activities include guided storytelling on the “Tong Ren” story, acupoint-based interactive games, and lively introductions to Chinese medicine culture and basic Chinese medicine knowledge, making the learning experience both enjoyable and informative. Students can also visit Beijing Tong Ren Tang’s production and R&D base in Tai Po, where they tour the museum, learn about the operation of the production line, and explore the Chinese Herbal Garden. In this way, students gain a well-rounded understanding of Chinese medicine and learn how it can be applied in daily life.

Herbal planting activities reinforce learning experience
A special feature of the programme is a planting experience in the Beijing Tong Ren Tang Chinese Herbal Garden. Guided by gardeners and instructors, students take part in a seedling transplanting activity, observing herbal plants up close and experiencing the planting process first-hand. This hands-on experience not only gives them a sense of achievement but also deepens their understanding of what they have learned. Through this enjoyable and educational activity, Chinese medicine culture is brought to life for the younger generation while supporting its preservation and continued development.

Photos 2: Students visited the "Beijing Tong Ren Tang Chinese Herbal Garden" to learn about the characteristics and medicinal value of different Chinese herbs and took part in a hands-on planting activity.
Photos 2: Students visited the “Beijing Tong Ren Tang Chinese Herbal Garden” to learn about the characteristics and medicinal value of different Chinese herbs and took part in a hands-on planting activity.

In-school learning: “The Tong Ren Extraordinary Journey” tutorial
During the school visits under “The Tong Ren Extraordinary Journey,” Chinese medicine practitioners and instructors each led nearly 100 students at a time through a lively one-hour session, using an easy-to-understand approach that combined storytelling and interactive games to explore Chinese medicine knowledge. Topics covered ranged from itinerant physicians to hall physicians, from the acupuncture bronze figure to the meridian system, and from the four diagnostic methods of Chinese medicine to its internal and external treatment approaches. Students were also introduced to Tong Ren Tang’s history of supplying imperial medicine, as well as Chinese medicine concepts such as “monarch, minister, assistant and guide“. These sessions helped students understand Chinese medicine in an accessible way, while interactive acupoint games further strengthened memory and comprehension through play.

Off-campus experience: visits to Beijing Tong Ren Tang’s production and R&D base
After completing the school visit component of “The Tong Ren Extraordinary Journey,” students also had the opportunity to visit and experience Beijing Tong Ren Tang’s production and R&D base in Hong Kong. During the guided tour, students gained a deeper understanding of the story of Tong Ren Tang, a time-honoured Chinese medicine brand, its imperial medicine tradition and its pharmaceutical culture, while revisiting the core beliefs it upholds: “cultivating benevolence and virtue, and promoting health for the benefit of society” and its corporate motto of “No compromise on cost and labour despite the complexity of processing herbal medicine. No compromise on quality and standard despite the scarcity of medicine ingredients.”

During the visit, students sampled herbal tea as an entry point to understanding Chinese herbs. They then learned about the Chinese medicine production process and took part in a workshop on the traditional pill-rolling technique, an item of intangible cultural heritage. This allowed them to translate theory into practical experience, and to understand how herbs are processed and prepared into medicinal materials for use. Through this, they learned about the development of Chinese medicine from ancient times to the present, as well as the evolution of different dosage forms. Students later moved to the Beijing Tong Ren Tang Chinese Herbal Garden for a herbal planting activity, where they learned how soil, water and sunlight affect plant growth.

Expanded to 20 primary schools, with a comic book supporting school-based extended reading
This year, “The Tong Ren Extraordinary Journey” expanded to 20 primary schools, reaching approximately 3,000 teachers and students in total. To complement the in-school curriculum and extended reading, Beijing Tong Ren Tang specially wrote and produced the comic book The World of Chinese Medicine – “The Tong Ren Extraordinary Journey”. Featuring the adorable “Little Tong Ren” as the main character and guide, the comic adopts a child-friendly narrative approach to help students understand the meaning of “Tong Ren” and “Tong Ren Tang,” the wisdom of balance emphasised in Chinese medicine culture, and its people-oriented spirit of benevolence and compassionate healing. Beijing Tong Ren Tang hopes that, through more interesting and approachable content formats, Chinese medicine culture can take root on campus and, through students’ reading and sharing, extend into families and communities as a cultural learning journey that can be passed on continuously.

Bringing Chinese medicine into everyday life
Beijing Tong Ren Tang hopes to foster a relaxed and enjoyable learning environment for students, introducing Chinese medicine step by step and encouraging them to share what they have learned with family and friends. By starting from a child’s perspective and focusing on themes such as meridians, herbs and balance, the programme helps integrating the wisdom of TCM into students’ everyday knowledge systems and encouraging them to share and apply these insights in daily life.

Hashtag: #BeijingTongRenTang #TheTongRenExtraordinaryJourney #primaryschool #chinesemedicine


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

About Beijing Tong Ren Tang

Tong Ren Tang was founded in 1669 and has a 356-year history. The company has always adhered to its corporate motto of “No compromise on cost and labour despite the complexity of processing herbal medicine. No compromise on quality and standard despite the scarcity of medicine ingredients.” This commitment has led Beijing Tong Ren Tang to steady development, lasting through every generation, achieving excellence, and becoming a national treasure while expanding globally.

At the same time, Beijing Tong Ren Tang has taken on the mission of promoting traditional Chinese medicine culture, actively participating in domestic and international traditional Chinese medicine promotion activities, facilitating cultural exchanges around the world, and striving to expand the international influence of traditional Chinese medicine. To date, it has been operating over 160 retail branches in 26 countries and regions overseas, making it one of the most recognized traditional Chinese medicine brands internationally.

About Beijing Tong Ren Tang Chinese Medicine Company Limited

Established in Hong Kong in 2004, Beijing Tong Ren Tang Chinese Medicine Company Limited serves as Tong Ren Tang’s development platform outside Mainland China. The Company was listed on the Growth Enterprise Market of the Hong Kong Stock Exchange in 2013 and transferred to the Main Board in 2018. Guided by its corporate spirit of “cultivating benevolence and virtue, and promoting health for the benefit of society” and driven by its mission to “create health for all to share globally,” the Company has built on Hong Kong as its base while expanding its global presence. It is committed to promoting Chinese medicine culture beyond Mainland China, and has accelerated the internationalisation of Chinese medicine through a communication model that integrates medical services with pharmaceutical products and places culture at the forefront. (Beijing Tong Ren Tong Chinese Medicine Company Limited website: )

Greenlogue/AP Nearly half the world’s children are living under at least three overlapping climate threats, with heat, drought and storms pushing risks to health, schooling and survival into the daily lives of about 1.1 billion children, UNICEF findings show. The Children’s Climate Risk Report 2026 maps exposure to eight common hazards: coastal floods, drought, extreme heat, fires, heatwaves, river floods, sand and dust storms, and tropical storms. […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN // Trump directs Justice Department scrutiny of Democratic threats // Bank of England flags sharper AI share correction risks // Messi secures consecutive MLS Golden Boots with 26 goals // Public Protests Challenge Elected Power In Europe And India // Republicans Struggling To Come Out Of Nov 3 Debacle To Prepare For 2028 Prez Polls // Japan’s Nikkei advances as buyers return after sell-off // France identifies Iranian Guards as supermarket hacking suspects // FATF unveils measures to dismantle global scam networks // North Korean hackers channel Binance funds through fake tokens // Recognition under the U.S. Green Building Council’s rating system confirms the 22-residence tower is on track for full certification on completion // BJP leader condemns cyber attacks over Mammootty wedding visit // Smart home choices widen as compatibility standards advance // LNG tanker exits through Hormuz reach wartime peak // PhotonPay Strengthens North American Regulatory Footprint with Canada’s RPAA Registration // Lee Kum Kee Sauce-Sponsored 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships Conclude Successfully // Sber announces results of GigaArt AI-art festival: Nearly half a million images // AI stock rout erodes sovereign and pension holdings // FinCEN identifies $8 billion in suspect overseas payments // European refrigeration hacks expose Gulf retail security risks //