Dubai and Abu Dhabi have become important crypto industry hubs, but licenses issued by local regulators do not provide automatic access to the European market. Companies operating under Virtual Assets Regulatory Authority (VARA) or Abu Dhabi Global Market (ADGM) supervision must separately assess Markets in Crypto-Assets Regulation (MiCA) requirements before offering regulated crypto services to EU clients. European expansion requires selecting a jurisdiction, defining the scope of […]
Arabian Post Staff -Dubai Saudi Arabia’s assets under management are expected to exceed $400 billion in 2027, Fitch Ratings said, as private investment funds expand and domestic investors underpin growth in the Gulf’s largest asset management market. The ratings agency estimated that investment managers oversaw approximately $370 billion at the end of June 2026, an increase of 20 per cent from a year earlier. The total represented […]
The Kerala High Court on Thursday cleared the State government’s plan to reorganise recognised police associations, overturning a Single Bench judgment that had invalidated the restructuring ordered by the Home Department. A Division Bench comprising Justices A. K. Jayasankaran Nambiar and Preeta A. K. allowed appeals…
The cost of obtaining U.S. permanent residency through investment is expected to rise from January 1, 2027, adding urgency for investors who want to file under the current $800,000 EB-5 threshold. The EB-5 Immigrant Investor Program allows qualifying foreign investors, along with their spouses and eligible children, to pursue U.S. permanent residency by investing in a U.S. business that meets job-creation requirements. From January 1, 2027, the […]
BANGKOK, THAILAND – Media OutReach Newswire – 12 November 2026 – ONYX Hospitality Group, a leading hospitality management company in Asia Pacific, announced the development of Amari Samui Resort and Villas, an exclusive extension of Amari Koh Samui on the shores of one of Thailand’s most celebrated island destinations. The project marks another milestone in the Group’s strategy of thoughtfully expanding its premium resort portfolio and creating distinctive guest experiences.
An investment of more than THB 700 million will introduce over 65 beachfront suites and private pool villas, creating a more exclusive island retreat alongside the established Amari Koh Samui.
Representing an investment of more than THB 700 million, the project will add more than 65 beachfront suites and private pool villas designed for travellers who seek more space, greater privacy and a heightened sense of exclusivity. Scheduled to open in 2029, the new resort will complement the established facilities and services of Amari Koh Samui, offering a refined expression of contemporary island living.
The investment reflects ONYX Hospitality Group’s Quality-Led Growth strategy, which focuses on carefully selected opportunities, exceptional locations and sustainable long-term value creation. Set on Chaweng Beach, the expansion is a compelling opportunity to enhance an established resort in one of Thailand’s most sought-after leisure destinations, building on the strength of the Amari brand and its existing operations. Yuthachai Charanachitta, Group CEO, ONYX Hospitality Group, said: “At ONYX Hospitality Group, our ambition is to build a distinctive and enduring hospitality portfolio across Asia Pacific, guided by quality-led growth and long-term value creation. Our focus goes beyond expanding our footprint: we are strengthening our brands, enhancing guest experiences and investing in destinations that offer compelling opportunities for sustainable growth.
Amari Samui Resort and Villas exemplifies this strategy. By building on the success of Amari Koh Samui and introducing a more exclusive beachfront offering, we are elevating the Amari brand’s presence in Thailand’s premium resort segment. This investment reflects our confidence in Koh Samui’s long-term potential, our commitment to exceptional hospitality, and ONYX’s position as a leading regional hospitality group.”
Amari Samui Resort and Villas will feature more than 65 spacious beachfront suites and private pool villas, designed to embrace the island’s natural beauty while offering exceptional comfort and privacy. A dedicated Club Lounge, swimming pool, dining venues and leisure facilities will complete the offering, and guests will also enjoy seamless access to the wider amenities and services of Amari Koh Samui.
Combining the intimacy of a private retreat with the warmth of an established resort, the new development will offer couples, families and discerning travellers a distinctive, more personalised island escape.
Construction is expected to begin in the first quarter of 2028, with the resort scheduled to welcome its first guests in Q3 2029.
Amari Samui Resort and Villas marks a further step in the growth of ONYX Hospitality Group’s portfolio. Through considered investment, thoughtful development and an unwavering focus on exceptional guest experiences, the Group remains committed to creating lasting value and strengthening its position as a leading hospitality player in the region.
Hashtag: #ONYX
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group
ONYX Hospitality Group is a leading hospitality management company in Asia Pacific, with a complementary portfolio of brands comprising Amari, OZO, Shama and Oriental Residence. Together, these brands serve the diverse needs of business and leisure travellers across the region, where ONYX has deep market expertise. Beyond accommodation, the Group also operates spa and food and beverage businesses. Drawing on six decades of management experience, ONYX delivers innovative hospitality solutions across the region while upholding internationally recognised standards and maintaining operational agility. By building enduring relationships with like-minded business partners, ONYX Hospitality Group delivers distinctive experiences in a dynamic and competitive market, responding to the evolving needs of today’s travellers.
London-based defence technology company Uforce has secured a valuation of approximately $6 billion through a $700 million financing round backed by Britain’s National Wealth Fund, marking a significant expansion of government-supported investment in military drone technology. The financing represents the state-owned fund’s largest defence investment, strengthening its involvement in a sector receiving increased attention from the British government. Uforce, established by Ukrainian entrepreneurs and headquartered in London, […]
Andhra Pradesh Chief Minister N. Chandrababu Naidu has warned that India’s rapid economic expansion is failing to satisfy the expectations of young people, highlighting a challenge for Prime Minister Narendra Modi even as he reaffirmed confidence in his coalition partner’s leadership.
Naidu, whose Telugu Desam Party is central to the governing alliance in New Delhi, said economic progress was visible but had not translated sufficiently into opportunities matching the ambitions of a younger generation. His comments brought the question of employment and living standards into focus as policymakers emphasise the country’s robust growth figures.
The chief minister’s intervention is politically significant because Modi relies on coalition partners to sustain his parliamentary majority. Naidu has remained a prominent supporter of the prime minister while pursuing investment, infrastructure and job creation in Andhra Pradesh, where economic development is a major priority for his administration.
His assessment distinguishes between the overall pace of expansion and the benefits experienced by individuals entering the labour market. Rising output does not automatically produce enough secure, well-paid positions for graduates and other jobseekers, particularly when investment is concentrated in sectors that employ relatively few workers.
Naidu nevertheless maintained that Modi was best placed to lead the country through its economic and political challenges. That combination of support and concern underscores the pressures facing the ruling alliance: sustaining confidence in its leadership while responding to demands for tangible improvements in household prospects.
The warning comes as the economic outlook remains strong. Moody’s Ratings this week raised its forecast for growth in the financial year ending March 2027 to 7%, from 6.5%, citing resilient domestic demand, investment and the economy’s ability to withstand disruptions to energy supplies.
The ratings agency also identified inflation, an uneven monsoon and tighter monetary conditions as risks. Those pressures matter to households because higher living costs can erode the gains from rising incomes, even when aggregate economic indicators continue to improve.
Official figures showed gross domestic product expanding 7.8% from a year earlier in the April-June quarter. Manufacturing, investment and consumer spending supported activity, but the headline measure does not establish how evenly the benefits are distributed among workers, regions and age groups.
Employment prospects have become particularly sensitive for educated young people. Competition for government posts, the cost of qualifications and uncertainty surrounding recruitment examinations have contributed to public frustration. The challenge extends beyond the number of jobs available to their quality, stability and suitability for applicants’ skills.
Modi’s government has sought to address those concerns through programmes promoting manufacturing, entrepreneurship, skills development and investment. The prime minister has repeatedly presented young people as central to his ambition of transforming India into a developed economy by 2047.
During his Independence Day address in August, Modi outlined measures involving technology, innovation and expanded economic opportunities. He pointed to the growth of the startup ecosystem and a research fund intended to encourage innovation, while urging young people to participate in the country’s development.
The government’s emphasis on technology also raises questions about the changing nature of work. Artificial intelligence offers potential gains in productivity and new business activity, but it may also alter recruitment in services and other industries that have traditionally offered entry-level employment to graduates.
For Andhra Pradesh, the debate has direct implications. Naidu’s administration has placed emphasis on attracting private investment and developing infrastructure, seeking to create employment while strengthening the state’s economic base. Translating announced projects into operating businesses and sustained hiring remains an important test of that strategy.
The Telugu Desam Party’s position within the national coalition gives Naidu a platform to raise such concerns without breaking with the government’s broader economic agenda. His remarks do not amount to a rejection of the growth strategy, but they place greater weight on whether its results can be felt by younger citizens.
India’s policymakers must also contend with differences between labour markets. Large cities can attract investment and skilled workers, while smaller towns and rural districts often offer fewer formal employment options. Such disparities complicate efforts to ensure that national growth produces broadly shared opportunities.
The central government has promoted training and enterprise initiatives alongside infrastructure spending, arguing that these measures can expand the range of work available. Their effects depend partly on private employers’ willingness to invest and recruit, and on whether training matches the skills businesses require.
Trusted Partner for Cross-Border Trade Enterprises Empowering SMEs to Stay One Step Ahead in Global Expansion
HONG KONG SAR – Media OutReach Newswire – 12 November 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank” / “PingAnDB”), a trusted partner for trade enterprises and cross-border e-commerce merchants, is committed to becoming the preferred bank for trade SMEs. By leveraging alternative data and financial technology to optimise credit assessment and loan workflows, Ping An Digital Bank empowers SMEs to take a critical step toward global expansion. Building upon the recent launch of its Purchase Order Financing product, tailored for cross-border e-commerce, Ping An Digital Bank is expanding the product’s application scenarios beyond traditional goods trade into service trade financing. Requiring no physical collateral, eligible enterprises can secure financing simply by presenting valid invoices, directly addresses the need for fast-moving, high-frequency working capital in today’s digital economy.
Mr. Thomas Tung, Chief Business Officer of Ping An Digital Bank, said, “Demand for service trade has grown exponentially in recent years. As more enterprises scale globally, we see surging market demand across logistics service, advertising campaigns, and AI solutions, making service trade financing a new strategic focus for Ping An Digital Bank. Serving as a dedicated partner to trade enterprises and cross-border e-commerce merchants, PingAnDB has consistently applied financial technology to empower SMEs. By deepening our Purchase Order Financing product, we have established a dual-track model of ‘Goods Trade + Service Trade’ that supports the working capital needs of diverse trade formats. This creates a more robust cross-border trade financing ecosystem. Combining our proprietary technology with deep industry expertise, we stand ready to lead cross-border trading SMEs onto the international stage.”
Designed to address the surging demand for service trade driven by the booming digital economy, Ping An Digital Bank’s “Purchase Order Financing – Service Trade Solution” is specifically designed for service providers to obtain working capital quickly and capture dynamic market opportunities. Applicants can secure financing simply by providing eligible invoices and proof of service delivery. Financing of up to USD 5 million is available per buyer, with flexible repayment terms of up to 90 days, and disbursements as fast as the same business day.
Looking ahead, Ping An Digital Bank will continue to uphold its mission, “Always with You. Always Ahead.” PingAnDB will continue to harness fintech capabilities to empower SMEs, enhance the trade financing experience through data intelligence, and roll out innovative solutions to dismantle traditional borrowing barriers. By providing powerful financial backing at every key point across the trade lifecycle – serving as a solid pillar for trade enterprises and cross-border e-commerce merchants alike – Ping An Digital Bank remains dedicated to leading SMEs onto the international stage.
The issuer is solely responsible for the content of this announcement.
Ping An Digital Bank
Ping An Digital Bank (International) Limited (“Ping An Digital Bank,” “PingAnDB”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s integrated financial platform in Hong Kong.
Arabian Post Staff -Dubai Saudi Arabia’s asset management industry is expected to exceed $400 billion in 2027, Fitch Ratings said, as private investment funds expand and domestic demand supports growth despite volatile financial markets. Assets under management reached approximately $370 billion during the first half of 2026, an increase of 20 per cent from a year earlier, according to the ratings agency. The industry, the largest in […]
Hong Kong Daily Mood Index Stands at 54.5; Over 80% of Respondents Report a Positive Impact of Fragrance on Mood
HONG KONG SAR – Media OutReach Newswire – 11 November 2026 – Eternal Beauty Holdings Limited (the “Group”; Stock Code: 6883.HK) today released “Scent, Emotion and Lifestyle: 2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper” (the “White Paper”) at the 29th edition of Cosmoprof Asia. An online survey conducted by Eternal Beauty Holdings in September recorded a Hong Kong Daily Mood Index of 54.5, with respondents scoring relatively higher on positive mood and lower on energy and rest. Over 80% of respondents reported that fragrance had a positive impact on their everyday mood. Alongside the launch, the Group presented its “Scent of Happiness” campaign, exploring the connections between fragrance, self-care and emotional well-being through the Scent & Mood Relax Hub and a panel discussion. Through initiatives delivered in partnership with its collaborators, the Group also supports emotional well-being and extends its commitment to care into the community.
The panel featured speakers from diverse fields, including Ms. Laurinda Ho, Founder of Smile With Us HK; Mr. William Lam, Clinical Advisor to the Mind HK Tai Po Mental Health Support Programme; and Mr. Chris Chu, CRM & Partnership Manager at Eternal Group. Moderated by Mr. Matt Chung, Curator and Cultural Commentator, the discussion explored different perspectives on fragrance’s role in daily life and offered practical self-care advice. The report also provides practical guidance for local retailers and fragrance brand owners on integrating scent and technology into retail spaces to enhance the customer experience, reflecting Eternal Group’s commitment to building and leading the fragrance industry ecosystem.
Community initiatives under the “Scent of Happiness” campaign include three community events co-organised with Smile With Us HK for children, families and older adults; sponsorship of 80 sessions of iACT mental health support provided by Mind HK; and three relaxation and sensory sessions featuring neuroVIZR’s synchronised light-and-sound experience. Through these initiatives, the Group supports emotional well-being in the community, demonstrating its commitment to corporate social responsibility.
Ms. Wendy Lau, Executive Director of Eternal Beauty Holdings Limited, said in her opening remarks: “Fragrance is more than a sensory experience—it expresses how we choose to live. Three years of White Paper research have shown that fragrance has become part of Hong Kong consumers’ daily routines. As a leader in the fragrance industry, we combine consumer insights, innovative technology and community partnerships through our ‘Scent of Happiness’ campaign, translating our commitment to self-care and emotional well-being into concrete action and creating long-term value for the industry and society.”
Positive Mood Scores Highest, While Rest and Vitality Are Relatively Lower The survey explored respondents’ positive feelings and experiences over the preceding two weeks using five indicators, each scored out of 100. “Cheerful and in good spirits” scored highest at 58.4, followed by “Calm and relaxed” at 55.9 and “Everyday life is interesting or fulfilling” at 55.2. Scores for “Active and energetic” and “Refreshed and well rested” were relatively lower, at 52.7 and 50.4 respectively.
The eight-point gap between “Cheerful and in good spirits” and “Refreshed and well rested” was the largest among the five indicators, suggesting stronger positive emotional experiences relative to rest and energy levels.
Over 80% Report a Positive Impact of Fragrance on Mood; Usage Frequency Is Associated with the Daily Mood Index The survey found that 81.3% of respondents reported a positive impact of fragrance on their everyday mood: 28.4% reported a very positive influence and 52.9% a slightly positive influence.
In terms of usage frequency, 71.7% of respondents used fragrance several times a week or more, while 46.5% used it almost every day. Frequent users recorded a Daily Mood Index of 55.8, compared with 51.1 among other respondents—a 4.7-point difference indicating an association between fragrance usage frequency and the Daily Mood Index.
By demographic group, frequent-use rates were 73.9% among women and 62.5% among men. Rates exceeded 70% across all age groups from 25 to 54, reaching 76.1% among those aged 45–54. Among respondents with a personal monthly income of HK$30,001–40,000, the frequent-use rate reached 83.6%. Note: “Frequent use” refers to using fragrance several times a week or more.
“Scent, Emotion and Lifestyle: 2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper” is based on an online survey of 433 Hong Kong consumers conducted in September 2026. Its six key findings are outlined below. The full White Paper is available here.
1. Fragrance is part of daily life, with over seven in ten using it several times a week or more 94.2% of respondents reported using fragrance products. Among those who answered the usage-frequency question, 71.7% used fragrance several times a week or more, classified as frequent users; 46.5% used it almost every day.
2. The Daily Mood Index stands at 54.5 The 2026 Hong Kong Daily Mood Index recorded 54.5 out of 100. “Feeling cheerful and in good spirits” scored 58.4, compared with 50.4 for “feeling fresh and rested”—an eight-point gap reflecting generally insufficient rest among respondents despite positive emotional experiences.
3. Over 80% Report a Positive Impact of Fragrance on Mood 81.3% of respondents felt that fragrance positively influenced their everyday mood, including 28.4% who reported a very positive influence.
4. Frequent fragrance users record a higher Daily Mood Index Frequent fragrance users recorded a Daily Mood Index of 55.8, compared with 51.1 among other respondents—a 4.7-point difference indicating an association between frequent fragrance use and a higher Daily Mood Index.
5. Frequent fragrance use extends beyond younger generations Frequent-use rates exceeded 70% across all age groups from 25 to 54, reaching 76.1% among those aged 45–54, indicating that regular fragrance use spans different adult age groups.
6. Fragrance use goes beyond enjoying a pleasant scent 55.0% of respondents cited “helping them relax” as a reason for using fragrance, while 52.5% selected “lifting their mood”, highlighting fragrance’s emotional value beyond scent preferences.
Panel Discussion Explores Scent, Self-Care and Emotional Wellness Following the White Paper launch, the Group hosted “Scent, Self-Care and Emotional Wellness”, a panel discussion at CosmoTalks at the Hong Kong Convention and Exhibition Centre. Building on the White Paper’s exploration of fragrance and everyday mood, the discussion moved from survey findings to practical approaches to supporting emotional well-being in daily life. Laurinda Ho, Founder of Smile With Us HK, said, “At Smile With Us HK, we hope to bring positive energy to the wider community through activities organised in partnership with Eternal Group.” Mr. William Lam, Clinical Advisor for the Tai Po Mental Health Support Project at Mind HK, said, “Self-care is an important part of maintaining good mental health. Enjoying a fragrance that brings you pleasure and evokes happy memories can be a simple starting point for self-care.”
Scent & Mood Relax Hub: A Sensory Experience Bringing Together Fragrance and Technology (Booth: 5G-G3G)
The Group also introduced the Scent & Mood Relax Hub, featuring perfumes and home fragrances from its portfolio of international and niche brands. Combining fragrance with neuroVIZR’s synchronised light and sound experiences, the Hub offers an immersive sensory journey centred on four themes: “Relax”, “Focus”, “Better Sleep” and “Creativity”.
Looking ahead, Eternal Group will remain committed to the art of living, drawing on consumer insights and the strengths of its international and niche brand portfolio. Through a diverse range of products, including perfumes and home fragrances, the Group will respond to consumers’ fragrance and everyday self-care needs. It will also integrate innovative technology to enhance fragrance experiences, broaden fragrance use across lifestyle settings and capitalise on market opportunities. Through its ongoing “Scent of Happiness” campaign, the Group will deepen cross-sector partnerships and bring the art of living into community care, creating long-term value for consumers, partners and the community.
Hashtag: #EternalGroup
The issuer is solely responsible for the content of this announcement.
About Eternal Beauty Holdings Limited (Stock Code: 6883.HK)
Eternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macao) in terms of retail sales in 2023*. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 30 September 2026, it conducted product distribution and market deployment for a total of 82 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macao. (*Data source: Frost & Sullivan)
Leading 10 Park Companies to Expand Overseas and Deepen Collaboration with Singapore
HONG KONG SAR– Media OutReach Newswire – 11 November 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) has successfully concluded its inaugural participation at Singapore Urban Mobility Week 2026 (SUMW 2026), organised by the Land Transport Authority (LTA) of Singapore from 4-6 November 2026. This mission also marked HKSTP’s first dedicated overseas pavilion focused on the theme of “Smart Mobility”.
HKSTP leads 10 park companies to participate in “Singapore Urban Mobility Week 2026” for the first time, establishing its inaugural overseas pavilion themed around “Smart Mobility” to empower Hong Kong tech ventures in expanding across Southeast Asia.
Leading a delegation of 10 outstanding park tech ventures, HKSTP showcased Hong Kong’s cutting-edge R&D capabilities in smart transit, autonomous driving, passenger experience, and intelligent transport solutions. The initiative actively unlocked international partnerships and commercial opportunities, reinforcing Hong Kong’s firm positioning as an international innovation and technology hub.
Through this delegation, HKSTP further solidified its strategic partnership with Singapore government authorities while expanding multifaceted collaborations with local commercial partners across land transport operators, urban rail networks, and major transport hubs.
Notably, Mr. Ng Lang, Chief Executive of the Land Transport Authority (LTA) of Singapore, visited the HKSTP Pavilion, acknowledging the immense potential of park ventures to integrate into Singapore’s smart mobility ecosystem. Additionally, HKSTP hosted the “HKSTP Global Mixer – Mobility & Logistics in Singapore” networking event, gathering over 100 representatives from the Hong Kong Economic and Trade Office in Singapore, InvestHK, HKTDC, park ventures, and Singaporean industry leaders to foster multi-party dialogue and cross-border exchange.
Mr Terry Wong, Chief Executive Officer of HKSTP, said: ” HKSTP is committed to empowering tech ventures to scale globally. Debuting our first overseas smart mobility pavilion provides a targeted strategy that opens doors for park companies to connect directly with local authorities, industry leaders, academia, and investors. This initiative highlights Hong Kong’s unique role as a gateway for cross-border collaboration and a ‘super-connector’ and ‘super value-adder’. HKSTP will continue to expand its network across Southeast Asia and deepen long-term collaboration between Hong Kong and Singapore in smart city and transport technologies, reinforcing Hong Kong’s position as an international innovation and technology hub.”
HKSTP has been actively driving cross-regional collaborations in recent years to provide comprehensive support for park ventures expanding into Southeast Asia and international markets, delivering remarkable results. Moving forward, HKSTP will continue to leverage its strength as a “two-way gateway” to lead more outstanding tech ventures beyond Hong Kong, deepen global commercial and technical matchmaking, and empower them to achieve tangible business breakthroughs in overseas markets.
By Satyaki Chakraborty Taking into account the continuing severe air pollution in Delhi and other parts of North India, China has offered India collaboration in clean technologies linked with the expansion of manufacturing base in the country. Global Times, the official organ of the Chinese Communist Party has analysed the nature of the air pollution […]
India is examining ways to replace ageing wind turbines with larger machines, seeking more electricity from established wind farms while avoiding some of the land acquisition difficulties slowing new renewable energy projects.
The proposal has gained fresh attention following an assessment published on Tuesday by Climate Policy Initiative, which identifies opportunities to upgrade older installations across major wind-producing states. The research ranks Maharashtra, Gujarat and Tamil Nadu as the strongest candidates for early repowering efforts, although commercial and regulatory obstacles remain.
Repowering involves removing smaller turbines and installing modern equipment with taller towers, wider rotor diameters and greater generating capacity. The approach can increase electricity production at established locations, where wind resources, access roads and connections to the electricity network may already be available.
The National Institute of Wind Energy estimates that turbines rated below two megawatts represent approximately 25.4 gigawatts of potential repowering capacity across eight states. That figure describes existing capacity eligible for assessment, rather than additional electricity generation already secured or projects approved for replacement.
Climate Policy Initiative said Maharashtra ranked highest in its readiness assessment, followed by Gujarat and Tamil Nadu. Andhra Pradesh, Rajasthan and Karnataka occupied subsequent positions, while Madhya Pradesh ranked lowest among the states evaluated. Its methodology considered wind resources at 150 metres, the scale of existing repowering opportunities, terrain suitability and the financial health of electricity distribution companies.
The assessment comes as the government seeks to expand wind capacity substantially. Installed wind capacity reached approximately 58 gigawatts by July 2026, according to figures cited by the researchers, while planning projections envisage around 155 gigawatts by 2035. Achieving that expansion will require new projects alongside more productive use of existing sites.
Land availability has become an important constraint, particularly where promising wind locations overlap with agricultural activity, settlements or infrastructure. Developers also face delays securing access routes and transmission connections. Upgrading operational wind farms could reduce the need for entirely new sites, although larger machines may still require revised land agreements, stronger foundations and additional grid investment.
The Ministry of New and Renewable Energy established a national repowering and life-extension policy in December 2023. It permits replacement of turbines below two megawatts, equipment reaching the end of its design life and machines that fail applicable quality requirements. Projects may also qualify on commercial grounds after 15 years of operation.
Under the policy, repowering should increase annual electricity generation by at least 50 per cent compared with the existing installation. Refurbishment, an alternative to replacement, allows operators to extend equipment life through component upgrades, subject to safety and performance assessments.
Renewable Energy Minister Pralhad Joshi asked industry associations in June to assess the country’s ageing turbine fleet and identify replacement opportunities. He called on the Wind Independent Power Producers Association and the Indian Wind Turbine Manufacturers Association to submit their findings within 30 days. No comprehensive results of that exercise were established in the material available publicly.
A separate assessment issued on 2 November by The Energy and Resources Institute identified repowering as one of several pathways for expanding wind generation. Its recommendations include preparing an inventory of existing turbines, identifying priority sites and developing coordinated replacement projects linked to transmission planning.
The institute estimated theoretical onshore wind resources of approximately 1,210 gigawatts at a height of 150 metres and 2,934 gigawatts at 200 metres. Those resource estimates are not forecasts of economically viable installations and depend on subsequent site assessments, infrastructure and commercial conditions.
Industry participants face practical difficulties in combining neighbouring turbine plots, negotiating with multiple owners and arranging electricity purchase contracts for upgraded projects. Existing supply agreements may offer prices that complicate investment decisions, while distribution companies must determine how additional generation will be purchased and settled. Financing must also account for dismantling costs, construction interruptions and whether older transmission equipment can accommodate substantially higher output from fewer turbines.
The Global Wind Energy Council has identified land acquisition, right-of-way permissions, grid access and power purchase agreements among barriers to development. Its market assessment also anticipates continued interest in replacing older installations in Tamil Nadu, Maharashtra and Gujarat.
Gujarat’s renewable energy policy already contains provisions addressing replacement of older turbines, including requirements tied to the operating life of projects. Implementation ultimately depends on site-specific approvals, ownership arrangements and the capacity of local electricity networks to absorb increased output.
Arabian Post Staff -Dubai Dubai has emerged as the preferred city for long-term investment among UAE residents, with 84 per cent selecting it ahead of London, New York and Singapore in a survey released on Monday. The Ipsos research, commissioned by Dubai-based property technology company PRYPCO, found that New York and Singapore each attracted 5 per cent of respondents, while London received 3 per cent. The findings […]
OpenAI generated approximately $10 billion in third-quarter revenue, nearly 50% more than in the preceding three months, as demand for its artificial intelligence products accelerated despite mounting operating losses. The ChatGPT developer disclosed the figures to investors on Tuesday, covering the quarter ended September 30. Revenue was almost three times the level recorded a year earlier, while its annualised revenue rate stood at roughly $50 billion at […]
North Korea-linked hacking groups have intensified cyberespionage against drone technology companies and software developers, using fraudulent recruitment approaches and compromised source code repositories to obtain sensitive information and potentially infiltrate wider technology networks. Cybersecurity company ESET identified the campaigns in its APT Activity Report published on October 28, covering operations observed between April and September 2026. The findings identify renewed drone-sector targeting by Lazarus and an expansion […]
Canada will press for relief from American tariffs after President Donald Trump’s party suffered sweeping midterm election defeats, Foreign Affairs Minister Anita Anand said on Tuesday, identifying an opportunity to improve strained trade relations. Anand said Ottawa hoped the changed political climate in Washington would help deliver progress on duties affecting Canadian lumber, steel, aluminium and automobiles. The measures have damaged major industries and cost workers their […]
Arabian Post Staff -Dubai First Abu Dhabi Bank has acquired 100 per cent of Bahrain-based Yasira Financial Services, extending its fund administration and trust services business to serve investment managers across public and private markets. The Abu Dhabi lender announced the acquisition on Monday, saying Yasira would be rebranded and incorporated into its Securities Services division. Financial terms were not disclosed, and the bank did not specify […]
A jailbroken artificial intelligence agent conducted a sustained cyberattack against a European telecommunications provider and targeted 13 organisations hosted on its infrastructure, according to findings published by cybersecurity researchers on 8 November. Malbear Labs said the campaign, designated Operation Snowball, continued for more than two weeks and involved a customised system built around DeepSeek Flash. The researchers reconstructed the activity from an exposed directory containing the attacker’s […]
The Financial Action Task Force has urged governments to dismantle the financial networks supporting industrial-scale scam compounds, warning that criminal operations are adapting to enforcement pressure and spreading across continents. The Paris-based anti-money laundering watchdog published its findings on 5 November, outlining new principles for disrupting fraudulent payments, recruitment networks and the digital infrastructure used by organised crime groups. The report places scam compounds within a worldwide […]
HONG KONG SAR, CHINA – Media OutReach Newswire – 10 November 2026 – The 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships organised by the Windsurfing Association of Hong Kong, China, concluded successfully on 7–8 November. As a Gold Sponsor of this year’s Circuit, Lee Kum Kee Sauce (“Lee Kum Kee”) sponsored all five events throughout the year, while supporting the development of local windsurfing.
2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships.
Windsurfing holds a remarkable historical position in Hong Kong sporting history: in 1996, it brought the city its first-ever Olympic gold medal. As a local enterprise with Hong Kong roots, Lee Kum Kee supports this iconic sport by sponsoring this year’s Circuit and helping to nurture the next generation of local windsurfing talent.
As a premier local windsurfing competition, the iQFOiL Championships circuit began in February and continued through the year, comprising five exciting races across divisions such as Men’s and Women’s Open, U19 Youth, U17 Junior, and U15 Youth/Children. The races were held at well-known sites including Clearwater Bay, Wu Kai Sha, Tolo Harbour, Cheung Chau and Stanley, testing competitors’ techniques and adaptability while serving as a vital stage for accumulating annual ranking points and selecting representatives for international competitions.
Dodie Hung, Executive Vice President – Corporate Affairs of Lee Kum Kee Sauce, said: “As a century-old company with Hong Kong roots, Lee Kum Kee is honoured to be Gold Sponsor of the 2026/27 iQFOiL Championships and to help nurture the next generation of local windsurfing talent. Windsurfing has no fixed course and the wind conditions can change at any moment, so athletes must make immediate judgements and adjustments on the fly. This ability to continuously challenge oneself and forge ahead echoes Lee Kum Kee’s value of ‘Constant Entrepreneurship’ – having the courage to seize opportunities and drive continuous innovation.”
Mr Chau Ngai Man, President of the Windsurfing Association of Hong Kong, China, said: “We are grateful for Lee Kum Kee’s support, which is vital to the development of windsurfing. Lee Kum Kee’s sponsorship gives athletes a world-class local competitive platform and helps them build their form as they prepare to take on major international competitions.”
In addition to supporting this competition, Lee Kum Kee also served as a sponsor for the Hong Kong, China Sailing Team, helping it achieve great success at the 20th Asian Games in Japan and the 15th National Games in China in 2025. Lee Kum Kee will continue to support major sporting events in Hong Kong, including the 2027 Hong Kong Dragon World Championship, which will make its Asia debut from 21-29 November 2026. Hashtag: #LeeKumKee #iQFOiLChampionships
The issuer is solely responsible for the content of this announcement.
About Lee Kum Kee Sauce
Lee Kum Kee Sauce is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions, and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee Sauce’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create, and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee Sauce’s rich heritage, unwavering commitment to quality, sustainable practices, and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide.
SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 November 2026 – AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift (“AI WINGMAN”), has secured a strategic investment of close to A$10 million from Singapore-headquartered X Star Technology, marking a significant milestone in its growth and ambitions to bring next-generation AI capabilities to the Australian automotive retail industry.
The investment represents a strong vote of confidence from international investors in Australian automotive AI innovation, providing fresh capital to accelerate AI WINGMAN’s development and support its growth ambitions.
As AI reshapes the automotive retail landscape, AI WINGMAN is bringing a new level of intelligence and automation to dealership operations. Designed to help dealerships engage every customer at the right moment, the Australian-developed platform combines conversational AI with intelligent lead and customer engagement to capture more opportunities, strengthen customer relationships and drive sales growth.
The announcement follows the platform’s showcases at the AADA (Australian Automotive Dealer Association) Convention & Expo in Sydney in July and at AIMCONNECT 2026 in Singapore in October, highlighting growing industry interest in AI-powered dealership solutions.
Australian AI innovation attracts international strategic backing
Mr Lei Shen, Director of AI WINGMAN, said the investment reflects growing recognition of the potential of purpose-built AI solutions to transform how automotive dealerships engage with their customers across the entire ownership lifecycle.
“Artificial intelligence is transforming how businesses engage with customers, and the automotive industry is no exception. Today’s dealerships face more intense competition and more complex market conditions, yet many valuable sales opportunities are still lost through neglected or delayed engagement.
“AI WINGMAN was developed to address this challenge by turning untapped dealership data into actionable insights, while allowing sales teams to focus their valuable time on building relationships and converting high-potential leads.
“X Star’s strategic investment is a strong endorsement of our technology and vision. It provides a solid foundation to accelerate innovation and bring Australian-developed automotive AI solutions to a broader regional market.”
X Star Technology is a Singapore-headquartered automotive finance technology company with operations spanning Asia Pacific, Latin America and the Middle East.
Already being used by dealerships franchising leading automotive brands including BYD, Zeekr, Land Rover and Kia, AI WINGMAN demonstrates how Australian-developed AI technology can be applied to real-world challenges in automotive retail.
Hashtag: #AutoSwift #AIWINGMAN
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By Ashok Nilakantan Ayers WASHIGTON DC: The battle for the Republican Party’s 2028 presidential nomination has effectively begun. But the real contest is not merely about personalities. It is about whether the GOP will perpetuate Trump’s divisive political legacy or reinvent itself before voters deliver another electoral rebuke. The Republican Party is discovering an uncomfortable […]
By Dr. Nilanjan Banik The outcome of the November 3 midterm elections has not got in favour of Mr. Trump. Republicans lost both the House of Representatives and the Senate. For India, however, the outcome of the midterm elections is unlikely to make much of a difference. A Democratic House would not bring a sharp […]
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