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UAE businesses used the Ambiente exhibition in Germany to project the country’s ambition to become a central hub in the global consumer goods trade, as officials and exporters sought to convert visibility into long-term commercial partnerships across Europe, Asia and the Middle East.

The country’s pavilion at the Ambiente fair in Frankfurt brought together manufacturers, designers and trading firms spanning homeware, lifestyle products, gifting and sustainable consumer goods. Organisers said the collective presence was designed to showcase both scale and diversity, with an emphasis on export readiness and cross-border collaboration rather than one-off transactions. The participation formed part of a wider strategy to deepen the UAE’s role in global supply chains at a time when buyers are reassessing sourcing models and regional diversification.

Ambiente is regarded as one of the world’s largest platforms for consumer goods, drawing tens of thousands of buyers, retailers and distributors each year. For UAE exhibitors, the event offered access to European retail networks and international wholesalers seeking alternatives to traditional manufacturing centres. Trade officials accompanying the delegation said meetings during the fair focused on long-term contracts, private-label manufacturing and co-branding arrangements, reflecting a shift towards higher-value engagement.

UAE Ministry of Economy representatives described the fair as a strategic opportunity to align the country’s manufacturing and re-export capabilities with evolving global demand. Officials highlighted the UAE’s logistics infrastructure, trade finance ecosystem and network of comprehensive economic partnership agreements as key advantages in attracting buyers looking for reliability and speed to market. The country has expanded its non-oil exports steadily, with consumer goods playing a growing role alongside metals, plastics and food products.

Exhibitors at the pavilion reported interest from buyers in sustainable materials, contemporary design and flexible production runs. Several companies said European retailers were exploring joint development of products that could be produced in the UAE and distributed across the Gulf, Africa and South Asia. This approach reflects a broader trend among global brands to shorten supply chains while retaining access to multiple consumer markets from a single base.

Frankfurt has become an important meeting point for this recalibration, as trade fairs increasingly serve as venues for strategic sourcing discussions rather than simple product showcases. Industry analysts note that manufacturers from emerging hubs are gaining attention as buyers weigh cost pressures, geopolitical risk and sustainability commitments. The UAE’s pitch at Ambiente centred on stability, regulatory clarity and the ability to integrate manufacturing, warehousing and distribution within a single jurisdiction.

Design-led firms from the UAE also used the exhibition to challenge perceptions that the country’s consumer goods sector is limited to trading and re-export. Several brands showcased original collections developed in collaboration with regional designers, blending Middle Eastern aesthetics with international trends. This creative emphasis was aimed at differentiating UAE products in a crowded marketplace and appealing to premium and mid-market retailers.

Sustainability featured prominently in discussions at the pavilion. Companies highlighted the use of recycled materials, energy-efficient production processes and compliance with European environmental standards. Officials said this focus was essential for competitiveness, as regulatory and consumer scrutiny in Europe continues to intensify. The UAE has invested in sustainability frameworks and industrial policies intended to support greener manufacturing, which exhibitors said helped build confidence among buyers.

The fair also underscored the role of small and medium-sized enterprises in the UAE’s export strategy. Many participating firms were SMEs seeking first-time entry into European markets. Trade support bodies facilitated introductions and provided guidance on certification, packaging requirements and logistics, reflecting an effort to reduce barriers for smaller exporters. Business owners said the ability to present as part of a national pavilion enhanced credibility and opened doors that would be difficult to access independently.

Unitree Robotics’ G1 humanoid robots have stepped into the spotlight of China’s live entertainment scene, performing as synchronised backup dancers during a Wang Leehom concert that drew about 18,000 people, marking a striking crossover between advanced robotics and mainstream pop culture.

The performance unfolded as the pop star launched into a high-energy segment of his show, with several G1 units emerging alongside human dancers. The robots executed coordinated flips, spins and arm movements in time with the music, mirroring choreography designed for human performers. Large screens magnified the spectacle, prompting audible reactions from the crowd as the machines kept pace under concert lighting and sound conditions.

The appearance was not framed as a technical demonstration but as a fully integrated part of the show, underscoring how humanoid robots are moving beyond laboratories and industrial floors into public-facing roles. For Unitree, a Hangzhou-based robotics firm known for its quadruped robots and growing humanoid portfolio, the concert offered a high-visibility platform to display balance control, motion planning and real-time coordination in an unpredictable environment.

Wang Leehom, a globally recognised figure in Mandarin pop with a career spanning more than two decades, has long embraced technology-driven stagecraft. His decision to feature humanoid robots aligns with a broader trend in China’s entertainment industry, where concerts increasingly rely on immersive visuals, augmented reality and sophisticated stage automation to differentiate live experiences.

The G1 robots, which stand roughly human height and are designed for agility and interaction, performed without visible safety tethers, suggesting confidence in their stability systems. Industry observers noted that executing flips and rapid directional changes in close proximity to human dancers requires precise sensing and control to avoid collisions, highlighting advances in perception and actuation.

Beyond the spectacle, the performance has reignited debate over the role of automation in creative industries. Some performers and choreographers have voiced concern that robots could displace human dancers in certain settings, particularly for repetitive or physically demanding routines. Others argue that such technology will function as a complement rather than a replacement, opening new creative possibilities and reducing costs for large-scale productions.

Producers familiar with concert logistics point out that hiring and training large dance troupes can be expensive, especially for tours spanning multiple cities. Robots, once acquired, can be programmed for consistent performances and reused across shows, potentially lowering long-term costs. At the same time, upfront investment, maintenance, transport and technical support remain significant considerations.

China’s push into humanoid robotics provides important context for the performance. The sector has been identified as a strategic growth area, with companies racing to develop machines capable of operating in human environments. Demonstrations in factories, warehouses and research centres have been joined by public showcases designed to familiarise audiences with humanoid forms and capabilities.

Academic researchers note that public acceptance is a critical factor in the deployment of service robots, particularly those designed to interact closely with people. High-profile cultural events can soften perceptions and shift robots from abstract technological concepts to tangible participants in everyday life.

Social media reaction to the concert was swift, with clips of the robots’ dance routines circulating widely on Chinese platforms. Commentators praised the novelty and technical polish, while others questioned whether audiences were witnessing a glimpse of entertainment’s future or a carefully staged publicity exercise. The buzz itself has amplified Unitree’s brand visibility at a time when competition among domestic robotics firms is intensifying.

IBM has set out an ambitious plan to equip five million people across India with skills in artificial intelligence, cybersecurity and quantum computing by 2030, deepening its long-running SkillsBuild programme and expanding partnerships with governments, universities and employers to address widening technology talent gaps.

The initiative, led by IBM, centres on scaling IBM SkillsBuild, a free digital learning platform that blends online courses, project-based learning and industry-recognised credentials. The company said the expansion will prioritise job-ready capabilities aligned with fast-evolving enterprise demand, including generative AI applications, cloud security and the foundations of quantum information science.

IBM executives framed the move as a response to structural shifts in the labour market, where automation and AI adoption are reshaping roles faster than traditional education systems can adapt. India’s large and youthful workforce, combined with rapid digitalisation across banking, healthcare, manufacturing and public services, has made skills development a policy and business imperative. Government estimates show millions of new digital roles emerging this decade even as legacy jobs are redefined.

The company plans to deepen curriculum integration with higher education institutions, vocational colleges and secondary schools, embedding SkillsBuild content into coursework while expanding teacher training so faculty can deliver updated material. IBM also intends to widen collaborations with state governments and industry bodies to tailor programmes for local employment needs, particularly in tier-two and tier-three cities where access to advanced training has lagged.

SkillsBuild offers modular pathways that range from introductory digital literacy to advanced certifications, with content developed by IBM practitioners and academic partners. Learners can earn digital badges in areas such as data analysis, AI ethics, cybersecurity fundamentals and cloud computing, alongside exposure to quantum concepts through simulations and guided labs. IBM said it will add more experiential components, including hackathons, internships and employer-linked projects, to strengthen transitions from learning to work.

Cybersecurity has been highlighted as a priority track, reflecting persistent shortages of security professionals and rising risks to critical infrastructure and enterprises. Courses will cover threat analysis, incident response and secure system design, with an emphasis on practical skills that align with global frameworks. In AI, the focus extends beyond coding to include responsible deployment, model governance and sector-specific use cases, areas that employers increasingly cite as gaps among graduates.

Quantum computing, still an emerging field, forms the third pillar of the programme. IBM operates one of the world’s largest fleets of quantum systems accessible via the cloud, and the curriculum introduces learners to quantum mechanics, algorithms and programming tools. While near-term job creation in quantum remains limited, IBM argues that early exposure will build a pipeline of talent capable of supporting research, hardware development and future commercial applications.

The scale of the target reflects IBM’s broader workforce strategy, which has shifted towards skills-based hiring and continuous learning. The company has previously said that formal degrees are no longer the sole proxy for capability, particularly in fast-moving technology domains. By expanding free access to training and credentials, IBM aims to widen participation among women, underrepresented communities and learners from non-traditional backgrounds.

Industry analysts view the plan as part of a competitive race among global technology firms to cultivate ecosystems of skilled users and developers. Cloud providers, software companies and chipmakers have all launched large-scale training commitments, seeking both social impact and long-term commercial benefits as trained professionals tend to adopt familiar platforms. For India, such programmes complement national efforts to boost digital skills and attract high-value investment, though experts caution that quality, relevance and job linkage will determine outcomes.

DraftKings has entered the fast-growing arena of regulated prediction markets with the launch of a new app offering event-based contracts tied to real-world outcomes, marking a notable expansion beyond its core sports-betting business. The company said its CFTC-approved platform, DraftKings Predictions, is live in 38 states, positioning the sports-wagering giant at the intersection of finance, forecasting and gaming at a time of heightened scrutiny over how Americans bet on non-sporting events.

The move places DraftKings alongside a small but expanding group of firms offering event contracts overseen by the US Commodity Futures Trading Commission, a regulatory route that differs from state-by-state gambling laws governing sports betting. Through DraftKings Predictions, users can take positions on outcomes ranging from economic indicators to political and cultural events, structured as contracts rather than traditional wagers. The company argues the model emphasises price discovery and market participation rather than gambling, a distinction that has been central to regulatory debates.

DraftKings said the new product operates through a CFTC-registered entity and complies with federal commodities law, allowing it to reach customers in states where sports betting remains restricted. The company framed the launch as a response to consumer demand for alternative ways to express views on real-world outcomes, while maintaining that safeguards are in place to limit misuse and ensure transparency. Executives have also pointed to risk-management tools and customer-verification standards similar to those used in its sportsbook operations.

The expansion comes as prediction markets gain renewed attention in the United States. Platforms offering event contracts have existed for years, often used by academics and traders to forecast elections or economic trends, but broader public adoption has accelerated as digital platforms have simplified access. Supporters argue these markets aggregate information efficiently and can produce forecasts that rival traditional polling or expert analysis. Critics counter that they blur the line between informed trading and speculative betting, particularly when contracts reference sensitive political events.

Regulators have taken a cautious but engaged stance. The Commodity Futures Trading Commission has emphasised that event contracts must meet standards designed to prevent market manipulation and protect the public interest. Questions over which types of events are permissible have led to consultations and, in some cases, requests for platforms to pause or modify offerings. DraftKings’ entry suggests confidence that its structure aligns with federal expectations, though the space remains under active review.

For DraftKings, the strategic rationale extends beyond regulatory arbitrage. The company has spent the past decade building a large, data-rich user base through daily fantasy sports and online sportsbooks. Prediction markets offer a way to diversify revenue streams and engage customers outside traditional sports calendars, potentially smoothing seasonal fluctuations. Analysts note that margins and customer behaviour in event-contract trading differ from sports betting, with pricing dynamics closer to financial markets than odds-making.

Competition is intensifying. Smaller, specialist platforms pioneered the sector, while mainstream financial apps have shown interest in integrating event contracts as a form of alternative asset. Kalshi, one of the most prominent CFTC-regulated prediction exchanges, has argued that clear federal oversight provides legitimacy and scalability. The arrival of a household name such as DraftKings is likely to increase public awareness and could accelerate policy discussions about the boundaries of the market.

The launch also raises political and ethical considerations. Event contracts linked to elections or public policy outcomes have drawn criticism from lawmakers who worry about perceptions of profiting from democracy or crises. DraftKings has indicated it will curate offerings carefully and comply with any guidance restricting certain categories. The company has previously faced regulatory challenges in the evolution of daily fantasy sports and sports betting, experience that may inform its approach to navigating this new terrain.

Investors are watching closely. DraftKings’ shares have historically been sensitive to regulatory signals and product expansion news, reflecting the company’s reliance on favourable legal frameworks. Entering prediction markets could bolster its growth narrative, but it also exposes the firm to federal-level policy shifts rather than the patchwork of state decisions that shaped sports betting’s rollout. The cost of compliance, technology build-out and potential legal challenges will influence how quickly the segment contributes to earnings.

Sharjah is finalising preparations to host the eighth Arab Women’s Sports Tournament, a multi-sport event scheduled to run from February 2 to 12, bringing together elite female athletes from across the Arab world in what organisers describe as a milestone for women’s competitive sport in the region.

Organised by the Sharjah Women Sports Foundation, the tournament is expected to draw teams from more than a dozen countries to compete across disciplines including basketball, volleyball, table tennis, fencing, athletics and archery. Officials say venues across the emirate have undergone technical upgrades and test events to meet international competition standards, while logistics plans covering accommodation, transport and medical services are being finalised.

The competition, formally known as the Arab Women’s Sports Tournament, has become a fixture on the regional calendar since its launch in 2012. It aims to expand opportunities for female athletes, raise performance benchmarks and create a platform where emerging talents can measure themselves against established competitors. Organisers say the February edition will place added emphasis on athlete welfare, officiating quality and broadcast production to extend the tournament’s reach.

Officials involved in planning say participation levels this year reflect growing institutional support for women’s sport across the Middle East and North Africa. National federations have confirmed full-strength squads in several team sports, while individual events are expected to feature athletes who have competed in continental and global championships. The organisers note that the depth of competition has increased steadily over successive editions, with closer scorelines and higher technical standards.

Sharjah hosts expanding Arab women sports event has become a recurring narrative for the emirate, which has invested heavily in grassroots and elite programmes over the past decade. Sports administrators say the tournament aligns with wider strategies to integrate physical education, competitive sport and leadership development for women and girls. Training clinics, refereeing workshops and youth engagement activities are planned alongside the competition calendar to maximise long-term impact.

The Sharjah Women Sports Foundation has stated that preparations also include collaboration with international federations to ensure rules compliance and consistency in judging. Advanced timing systems, video review where applicable, and certified officials will be deployed to maintain competitive integrity. Medical teams with experience in elite sport will be on site throughout the tournament, supported by emergency response units coordinated with local authorities.

Economic and social spillover effects are also part of the planning calculus. Hospitality operators anticipate increased occupancy during the tournament period, while local vendors and service providers are expected to benefit from ancillary demand. Cultural programmes linked to the event will showcase heritage sites and community initiatives, reinforcing Sharjah’s positioning as a host for sports and cultural exchange.

Athletes and coaches familiar with previous editions say the tournament offers a rare environment where women’s sport takes centre stage across multiple disciplines simultaneously. For younger competitors, exposure to international-level organisation and media attention is viewed as a stepping stone toward professional pathways. For established athletes, the event provides competitive continuity between continental championships.

Netskope has unveiled a new data centre in Malaysia, sharpening its expansion across Southeast Asia as governments and enterprises tighten rules on data residency and demand greater control over cloud security. The move places the US-based cybersecurity firm closer to customers in regulated industries that are accelerating cloud adoption while seeking assurances on where sensitive information is processed and stored.

The Malaysia facility, located to serve customers across the country and neighbouring markets, extends Netskope’s NewEdge network, the company’s global security infrastructure that underpins its secure access service edge offerings. By processing traffic locally, the firm says it can reduce latency, improve performance for cloud applications, and help organisations meet domestic compliance obligations without fragmenting their security architecture.

This expansion reflects a broader shift in Southeast Asia, where data protection regimes have become more explicit and enforcement has intensified. Malaysia’s Personal Data Protection Act, alongside sector-specific requirements for finance, healthcare and telecommunications, has pushed multinational firms to re-evaluate cross-border data flows. Similar pressures are evident in Singapore, Indonesia and Thailand, creating demand for security platforms that combine global reach with local presence.

Netskope’s regional strategy has focused on building infrastructure rather than relying solely on partner facilities. The Malaysia data centre complements existing points of presence across Asia Pacific and is designed to support services such as cloud access security brokerage, secure web gateways and zero trust network access. Company executives have said that proximity is increasingly critical as enterprises migrate mission-critical workloads to software-as-a-service platforms and public clouds.

Industry analysts note that the competitive landscape in cloud security has intensified as vendors race to offer compliant, low-latency services. Global rivals including Zscaler, Palo Alto Networks and Cisco have all invested in regional infrastructure to address sovereignty concerns. What differentiates players, analysts argue, is the ability to deliver consistent policy enforcement across geographies while adapting to local legal frameworks.

Malaysia has emerged as an attractive hub for such investments due to its growing digital economy, improving connectivity and government incentives aimed at data centre development. The country has positioned itself as a neutral base for regional operations, with policymakers encouraging foreign technology firms to establish infrastructure that supports domestic innovation and cross-border trade.

For enterprises, the presence of a local Netskope facility may ease long-standing concerns about routing traffic through distant jurisdictions. Financial institutions, in particular, have faced scrutiny over outsourcing arrangements and third-party risk management. Local processing can simplify audits and reporting while maintaining alignment with global security standards.

The expansion also speaks to changing threat dynamics. Cyber risk in Southeast Asia has risen alongside digitalisation, with ransomware, phishing and cloud misconfigurations posing persistent challenges. Security teams are under pressure to gain visibility across hybrid environments that span on-premise systems, multiple cloud providers and a distributed workforce. Vendors that can aggregate telemetry and enforce zero-trust principles close to the user are gaining traction.

Netskope has invested heavily in research and development to support this approach, including machine learning models that analyse cloud usage patterns and detect anomalous behaviour. The Malaysia data centre will feed into these capabilities, enabling faster inspection and response times for regional customers.

Beyond compliance and security, performance considerations are becoming a board-level issue. Latency can directly affect user productivity and customer experience, particularly for real-time collaboration tools and data-intensive applications. By shortening network paths, local infrastructure can deliver measurable gains, strengthening the business case for in-country deployments.

The move is expected to bolster Netskope’s channel ecosystem in Southeast Asia, where managed security service providers and systems integrators play a central role in enterprise adoption. Local infrastructure allows partners to offer services tailored to national requirements while leveraging a globally recognised platform.

CareerSense Matters in Today’s Job Market

The global workforce is evolving rapidly. Automation, digitalisation, and emerging technologies are creating new opportunities while presenting new challenges. Navigating this landscape requires more than academic credentials; it demands self-awareness, adaptability, and strategic planning.

CareerSense addresses these needs by combining artificial intelligence with career development expertise, offering a personalised, data-driven approach to job readiness. It functions as a comprehensive career coach, accessible anytime and anywhere.

Key Features That Set CareerSense Apart

CareerSense offers a comprehensive suite of features designed to empower students throughout their career journey. Its AI-driven VIPS profiling evaluates Values, Interests, Personality, and Skills to deliver personalised career recommendations aligned with individual strengths and aspirations. The smart resume builder provides real-time scoring and improvement tips, while the job-matching algorithm connects students to roles that fit their unique profiles. Through integrated access, students can RSVP for events, schedule advisory sessions, and apply for internships and job listings seamlessly. Additionally, the Employability Index measures job readiness and works alongside skill gap analysis and tailored course recommendations to help students stay competitive in today’s dynamic job market.

The Bigger Picture: Empowering Future-Ready Graduates

The future of work is shaped by constant change, technological disruption, and global connectivity. Employers seek individuals who are adaptable, self-aware, and equipped with relevant skills. CareerSense empowers students to take ownership of their career journey, understand their strengths, identify gaps, and build competencies that matter in the real world.

This initiative reflects SIM’s commitment to lifelong learning and employability, ensuring graduates are not only job-ready but future-ready. In a competitive market, CareerSense positions SIM learners as confident, agile professionals prepared to lead in the digital economy.

References:

1. Introducing CareerSense: Your All-in-One Personalised Career Buddy On-The-Go – https://www.sim.edu.sg/articles-inspirations/introducing-careersense-your-all-in-one-personalised-career-buddy-on-the-go
2. Career Service – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/career-services
3. SIM Career Sense App (Google Play Store) – https://play.google.com/store/apps/details?id=sg.edu.sim.careersense&hl=en-US&pli=1
4. SIM Career Sense App (Apple Store) – https://apps.apple.com/sg/app/sim-careersense/id1641839680
5. Introducing CareerSense: Your Guide to Career Success After Graduation – https://regional.simge.edu.sg/en/introducing-careersense-your-guide-to-career-success-after-graduation/

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

https://www.sim.edu.sg/

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 16,000 full- and part-time students and adult learners, of which approximately 36% 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 sim.edu.sg

Hong Kong and Macau Organisations Honoured for Outstanding Achievements ESG-led Business for a Sustainable Future

HONG KONG SAR – Media OutReach Newswire – 19 December 2025 – With global acceleration towards sustainable development and rising expectations from investors and stakeholders for responsible business practices, Hong Kong and Macau enterprises in recent years have been actively integrating Environmental, Social and Governance (ESG) vision into their business strategies to drive green transformation and high-quality growth. Organised by Television Broadcasts Limited (TVB) and co-organised by the Hong Kong Productivity Council, the TVB ESG Awards 2025 (the Awards) aim to recognise and commend enterprises and organisations that have demonstrated outstanding performance in ESG and sustainable development. Now in its fourth edition, this annual flagship event recognise outstanding organisations and their achievements in ESG practices over the past year.

The ceremony was officiated by Mr. Michael WONG, GBS, JP, Deputy Financial Secretary; Dr. LAM Ching-choi, GBS, JP, Non-official Member of the Executive Council & Chairman of the Council for Carbon Neutrality & Sustainable Development; Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited; and Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council. Following the Green Summit held in July this year, the presentation ceremony also featured sharing sessions, inviting industry leaders and experts to exchange the latest trends and practical experience. In addition, the enhanced matching sessions enabled enterprises to connect with numerous attendees through exhibition booths to promote cross-sector collaboration and knowledge sharing.

Diverse Award Categories Recognise ESG Efforts of Hong Kong and Macau Industries

This year’s Awards include the “Outstanding ESG Award”, “Best in ESG Practices”, “Best in ESG Report”, “ESG Environmental Innovative Technology Award” and “ESG Social Innovative Technology Award”. Entries were open to five groups, namely large, medium, small market capitalisation/ GEM listed companies, as well as non-listed companies and non-profit organisations, to recognise the achievements of enterprises of different scales in ESG practices, reporting and innovation. To identify outstanding performers, a cross-sector professional judging panel appointed by TVB were responsible for assessing entries, using clear and diversified selection criteria that mainly cover five areas: environment, social, corporate governance, sustainability strategy, corporate information disclosure and communication.​​

Additionally, a new “Greater Bay Area ESG Excellence Enterprise Award (Macau SAR)” has been introduced this year to recognise Macau enterprises and organisations with outstanding ESG performance that actively promote sustainable development in the Macau community. Furthermore, to enhance and recognise the excellent performance of small and medium-sized enterprises (SMEs) in ESG practices and innovation, TVB has collaborated with the “ESG One” platform of the Hong Kong Productivity Council to launch the “SME ESG Excellence Award” this year. The award covers five areas: “Business Decarbonisation”, “Employee Care”, “Supply Chain Partnership”, “Sustainable Governance” and “ESG Technology Enhancement”, helping SMEs to progressively enhance their ESG performance. Organisations that did not receive the above ESG category awards but have actively performed and implemented ESG initiatives in various aspects will be eligible for nomination of “ESG Special Recognition Award – with Merit” or “ESG Special Recognition Award” in acknowledgement of their contributions.

Mr. Michael WONG, GBS, JP, Deputy Financial Secretary, said in his keynote speech, “Hong Kong possesses significant advantages in green economy transformation. As the city’s two major innovation and technology flagships, Hong Kong Science Park and Cyberport have now brought together over 270 green technology companies, representing growth of more than 80% compared to 2023, reflecting remarkably rapid development in recent years. Hong Kong can provide diversified investment and financing channels, enabling international capital to match with quality green projects. As of the end of September this year, there are over 200 SFC-authorised ESG funds with assets under management exceeding HKD1.1 trillion, demonstrating that investors are increasingly prioritising investment in sustainable development. The Government looks forward to continued collaboration with all of you to jointly build our sustainable future and make outstanding contributions to Hong Kong’s green economic development.”

Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited, said, “The TVB ESG Awards 2025 received over 250 corporate entries this year, reflecting the growing importance of ESG for enterprises. We are grateful to all award-winning organisations and partners for their continued support of this flagship award. This year’s awardees excelled in ESG performance and set forward-looking models for the industry. TVB is actively supporting enterprises to devote resources to ESG development, incorporate sustainability into business decision-making and operations, and strengthen their sense of social responsibility. The Awards also provide a professional exchange platform for enterprises of different industries and scales to share their ESG strategies and tangible outcomes with a wider range of stakeholders.”

To help the public gain a more comprehensive understanding of the vision, mission and innovative strategies of various enterprises, the presentation ceremony featured sharing sessions. The judge Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council, together with representatives from enterprises receiving the Outstanding ESG Award, exchanged practical insights. As the highest honour of this year’s Awards, the Outstanding ESG Award is conferred upon top-tier organisations in each category that have achieved the best performance in both “ESG Practices” and “ESG Report”. The award-winning enterprises shared their insights in the session titled “Partnering Across Sectors to Co-create a Low-carbon Future”:

• Ms. Jessica CHAN, Head of Sustainability of MTR Corporation, shared how MTR leverages its diversified business portfolio to drive carbon reduction and social inclusion in daily operations, thus encouraging business partners to enhance their ESG performance.
• Ms. Angel SZE, Company Secretary and Head of ESG Management Committee, Fosun International Limited, who shared how Fosun is driving innovation and global development to create value, while highlighting effective ESG practices for cross‑industry and cross‑regional enterprises.
• Ms. Connie LAU, Assistant General Manager, Legal Department, China State Construction Development Holdings Limited, who used examples of innovative applications to demonstrate the company’s breakthroughs and decarbonisation goals.
• Mr. Jonathan CHIU, President, Schneider Electric Hong Kong, who highlighted the company’s commitment as a global energy technology leader to driving efficiency and sustainability by electrifying, automating and digitalising industries, businesses and homes, contributing to Hong Kong’s low-carbon transition.
• Mr. Peter LEE, Chief Sustainability Officer, Airport Authority Hong Kong, elaborated on how the authority collaborates with business partners and extends the sustainability concept to the society and education sector.
• Mr. Oswald AU, Managing Director, Riskory Consultancy Limited, shared how SMEs can drive ESG through innovative solutions and practical actions, while leveraging mega event economy development to create greater impact.

Building on these insights, another sharing session titled “Building a Green and Sustainable Pathway: Advancing Liveable, Inclusive Smart Cities” invited Mr. Andy WONG, Senior Manager, Advocacy, Our Hong Kong Foundation, as moderator. He was joined by Ir. Franco CHEUNG, Director (Projects), Hong Kong Housing Society, Mr. Samuel KWONG, Senior Associate Director – ESG, Chinachem Group and Mr. Jeffery LOK, Managing Director, Kwan On Chemical Enterprise Co. Ltd., for in-depth discussions on topics such as decarbonisation planning, the application of green building technologies including Modular Integrated Construction (MiC), kitchen and grease trap waste oil recycling, exploring the roadmap for Hong Kong and Macau’s sustainable urban development and environmental benefits.

Strong Corporate Involvement Fosters Cross-Sector Connections

This year’s ceremony attracted enthusiastic participation from numerous enterprises and organisations, including listed companies, non-listed companies and non-profit organisations, signalling the local market’s increasing commitment to ESG. Enhanced matching sessions with exhibition booths were arranged before and after the ceremony, allowing participants to engage in in-depth exchanges on green technology solutions, sustainable development and eco-friendly materials, and to explore collaboration opportunities.

For the full list of award winners, please visit: https://www.tvbesg.com.hk/past-awards/esg-awards-2025

High resolution photos HERE

Hashtag: #TVBESGAwards #TVB #ESG #Corporate

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

About TVB ESG

Since 2022, TVB ESG has been committed to building a professional exchange platform for local sustainable development, promoting a deeper understanding, implementation, and strategic development of Environmental, Social and Governance (ESG) issues among businesses and different sectors of society. TVB ESG works closely with various organisations to foster cross-sector collaboration, help enterprises expand their professional networks and strengthen industry connections, while enhancing their visibility in the market and industry through diverse channels, thereby amplifying their impact in the ESG field.

To enhance industry exchange and promote a culture of sustainability, TVB ESG organises three core events every year, the Green Forum, the Green Summit and the “TVB ESG Awards”. These events aim to focus on key environmental issues and emerging trends, bringing together industry leaders and experts to provide forward-looking insights for enterprises, promote knowledge sharing, and facilitate the exchange of best practices. Through the “TVB ESG Awards”, TVB ESG also recognises enterprises and organisations with outstanding achievements in sustainable development, encouraging the industry to continuously implement and elevate ESG standards.

Sony has agreed to acquire an 80 per cent stake in Peanuts Holdings for $457 million, securing control of one of the world’s most recognisable entertainment brands and deepening its push into character-driven film, television, music and consumer products. The transaction sees Sony buy out the stake held by Canada-based WildBrain, while the family of Peanuts creator Charles M Schulz retains the remaining 20 per cent.

The deal hands Sony majority ownership of the Peanuts intellectual property, which includes Charlie Brown, Snoopy and the wider cast that has defined the franchise since its debut in newspapers in 1950. Peanuts Holdings oversees global licensing, publishing and brand management, and its assets include more than 17,000 comic strips as well as extensive animation and merchandising rights.

Executives involved in the transaction said the agreement reflects a shared focus on preserving the spirit of the characters while positioning the brand for new audiences across platforms. Sony has built a broad entertainment ecosystem spanning film studios, music labels, games and consumer electronics, giving it multiple avenues to deploy the Peanuts characters without fragmenting creative control.

Sony deepens its grip on Peanuts

Sony’s leadership described the acquisition as a strategic step rather than a short-term content play. The company already distributes Peanuts animation through Sony Pictures Television and has worked closely with the Schulz family for years on brand stewardship. By consolidating ownership, Sony gains the ability to align long-term creative planning with distribution and merchandising strategies.

The Peanuts franchise continues to generate significant revenue through licensing deals covering toys, apparel, publishing and themed experiences. Industry analysts estimate that global character merchandising remains one of the most resilient segments of the entertainment economy, supported by multigenerational appeal and predictable demand. Peanuts, with its minimalist humour and emotional resonance, is often cited as one of the few properties that can cross age groups and cultures with limited localisation.

WildBrain’s exit reflects a strategic refocus on its own core animation and family content operations. The company had acquired its Peanuts stake through earlier transactions linked to rights management and production, and has since monetised the asset while maintaining creative partnerships. Executives at WildBrain said the sale strengthens its balance sheet and allows greater investment in owned brands and production pipelines.

For the Schulz family, retaining a 20 per cent stake preserves direct influence over creative decisions and brand values. Family representatives have repeatedly stressed the importance of protecting the philosophical tone of the strip, which blends humour with themes of loneliness, perseverance and childhood reflection. Their continued involvement is expected to reassure long-time fans wary of over-commercialisation.

Sony’s broader strategy has increasingly emphasised intellectual property with long shelf lives rather than single-release blockbusters. The company has expanded its catalogue through acquisitions and partnerships that allow stories and characters to move fluidly between cinema, streaming, music, games and live events. Peanuts fits that model, offering episodic storytelling, short-form content and strong visual branding.

The entertainment group also sees opportunities to integrate Peanuts more deeply into its music and gaming divisions. Snoopy and Charlie Brown have already appeared in music collaborations, seasonal broadcasts and digital content, and Sony’s ownership of major music labels and gaming platforms provides scope for cross-promotional projects without reliance on third-party licensing negotiations.

Market observers note that the valuation implies confidence in stable, long-term cash flows rather than explosive growth. Character-driven brands such as Peanuts tend to perform consistently across economic cycles, supported by evergreen demand for family-friendly content and nostalgia-driven consumption. This predictability contrasts with the volatility seen in theatrical box office revenues and subscription-based streaming models.

The acquisition also comes as global media companies reassess how to manage legacy brands in an era dominated by short-form video and algorithm-driven discovery. Sony has indicated it will invest in formats that respect the franchise’s roots while experimenting with new distribution channels, including digital shorts and educational programming.

Host Arabia has closed its first edition in Riyadh, positioning the Saudi capital as an emerging focal point for the hospitality and foodservice supply chain at a time when the kingdom is accelerating investment in tourism, leisure and urban development. The three-day event brought together hotel operators, restaurant groups, suppliers and policymakers, underlining the scale of demand being created by new resorts, giga-projects and a fast-expanding domestic dining market.

Held at the Riyadh Front Exhibition and Conference Centre, the inaugural edition drew exhibitors and visitors from across the Middle East, Europe and Asia, reflecting Saudi Arabia’s growing pull as a commercial hub for hospitality equipment, food and beverage solutions, technology and design services. Organisers said the turnout exceeded initial expectations, with strong participation from both international brands seeking market entry and local firms aiming to scale alongside national development plans.

The exhibition opened against the backdrop of an ambitious tourism strategy that targets a sharp rise in annual visitors by the end of the decade, supported by large-scale projects such as Diriyah, Qiddiya, NEOM and the Red Sea destination. These developments are reshaping procurement needs for hotels, resorts, serviced apartments and entertainment venues, driving demand for kitchen equipment, sustainable packaging, digital ordering systems and energy-efficient infrastructure. Host Arabia sought to position itself as a platform where these needs could be matched with suppliers and service providers in a single marketplace.

Industry executives attending the event highlighted Riyadh’s transformation into a year-round destination for conferences, sports and entertainment as a key factor behind the exhibition’s timing. International hotel groups are expanding their presence in the capital, while domestic restaurant concepts are scaling rapidly, supported by a young population and rising disposable incomes. This combination has intensified competition and raised standards, placing greater emphasis on quality, efficiency and sustainability across the hospitality value chain.

The programme featured live culinary demonstrations, equipment showcases and panel discussions focused on workforce development, localisation of supply chains and the adoption of smart technologies. Speakers addressed challenges such as staff training, cost pressures and the integration of sustainability targets into daily operations, themes that resonate strongly with operators navigating rapid expansion. Discussions also touched on regulatory alignment and the role of public-private partnerships in supporting sector growth.

Exhibitors ranged from global manufacturers of commercial kitchen equipment and refrigeration systems to regional producers of food ingredients, tableware and interior solutions. Technology providers showcased point-of-sale platforms, inventory management tools and data analytics designed to help operators manage margins and customer experience more effectively. Several participants noted growing interest in solutions that reduce water and energy consumption, reflecting both regulatory expectations and cost considerations in a desert climate.

Government and industry representatives used the gathering to underline the hospitality sector’s contribution to economic diversification and job creation. Training institutions and recruitment firms reported strong engagement from operators seeking to build local talent pipelines, an area seen as critical to sustaining long-term growth. The emphasis on skills development aligned with broader national objectives to increase private-sector employment and reduce reliance on imported labour over time.

Organisers described the Riyadh edition as a strategic step in establishing Host Arabia as an annual fixture, with plans to expand floor space and content in future editions. Feedback from exhibitors pointed to strong deal-making potential, with several reporting on-site negotiations and follow-up meetings scheduled with hotel developers and restaurant groups. The presence of decision-makers from major projects was cited as a key differentiator compared with more mature regional trade shows.