Arabian Post Staff -Dubai Abu Dhabi’s AD Ports Group has agreed to acquire Corredor Logística e Infraestrutura, a São Paulo-based agribulk terminal operator, in an AED3.1 billion deal that gives the company its first operating platform in Latin America and a stronger position in global food supply chains. The transaction, valued at about $835 million, is the largest acquisition undertaken by AD Ports Group and is expected […]
Abu Dhabi has launched an AI-powered parking payment system that automatically records vehicle entry and exit, calculates charges and deducts fees from the user’s Darb wallet without requiring tickets, machines, SMS messages or QR codes. The Free Flow Paid Parking System marks a further shift in the capital’s transport network towards automated, cashless mobility services. Q Mobility said the system uses automatic number plate recognition technology supported […]
Moscow’s main security agency said it had uncovered a foreign intelligence operation that placed spyware on mobile phones used by senior officials, intensifying Russia’s long-running confrontation with Western governments over cyber espionage, communications security and control of digital infrastructure. Russia’s Federal Security Service said the operation involved the compromise of thousands of devices, including phones used by officials, diplomats and people linked to government agencies. The agency […]
Meta Platforms is preparing an AI-powered pendant and a broader line-up of smart glasses as it tries to turn wearable hardware from a costly experiment into a larger business focused on consumers and corporate users. The plan, outlined in internal discussions reported by technology industry outlets, centres on a small AI pendant that could be tested within the next year, alongside new smart glasses and a business […]
Arabian Post Staff -Dubai Acer has sharpened competition in the entry-level laptop market with the Swift Air 14, a $699 Windows 11 notebook aimed at buyers weighing Apple’s lower-cost MacBook Neo against lightweight PCs with broader connectivity and familiar software flexibility. The Swift Air 14, model SFA14-I31, pairs Intel’s Core Series 3 processors with a thin aluminium chassis, a 14-inch display, AI-focused hardware support and battery claims […]
Nvidia and Microsoft have introduced RTX Spark-powered Windows PCs designed to run personal AI agents locally, marking a major escalation in the race to make artificial intelligence a core feature of everyday computing rather than a cloud-based add-on. The systems, unveiled around Computex and Nvidia GTC Taipei, are expected to arrive this autumn from major PC makers including Asus, Dell, HP, Lenovo, Microsoft Surface and MSI, with […]
Tencent Holdings shares posted their strongest intraday gain in more than three years in Hong Kong after details emerged that the company is testing an artificial intelligence agent for WeChat, raising expectations that China’s most powerful consumer internet platform may become a launchpad for mass-market AI services.
The stock climbed about 6 per cent on Tuesday as investors reacted to signs that Tencent is moving closer to embedding a task-performing assistant inside WeChat, the messaging, payments and social platform used by more than 1.4 billion people. The prototype is designed to help users complete everyday actions within the app, including finding venues, interacting with mini-programmes and placing customised orders, rather than merely answering questions in chatbot form.
The planned agent would mark a significant step in Tencent’s push to convert its AI investments into consumer products at scale. WeChat already functions as a digital operating system for daily life in China, covering messaging, payments, shopping, food delivery, public services, entertainment, ride-hailing and enterprise communication. That reach gives Tencent an advantage that few rivals can match: a single platform with a vast user base, heavy daily engagement and a dense network of third-party services.
People familiar with the prototype have indicated that users would be able to access the AI agent through a swipe gesture on the main WeChat screen. Tencent is expected to begin the regulatory compliance process before wider testing, with a small group of external users likely to receive access before any phased public launch. A firm release date has not been set, reflecting both regulatory uncertainty and the technical demands of deploying agentic AI across a platform of WeChat’s size.
The market response underscores how investors are reassessing Tencent’s AI position after months of concern that the company was trailing Alibaba, ByteDance and Baidu in the race to commercialise generative AI. Tencent has promoted Yuanbao, its AI chatbot, developed its Hunyuan foundation model and introduced productivity-focused AI tools, but WeChat remains the asset most capable of turning those efforts into a daily consumer habit.
Tencent’s first-quarter earnings showed both the strength and the cost of that strategy. Revenue rose 9 per cent year on year to RMB196.5 billion, while IFRS net profit attributable to equity holders increased 21 per cent to RMB58.1 billion. Marketing services revenue rose 20 per cent to RMB38.2 billion, helped by AI-driven advertising improvements, while domestic games revenue grew 6 per cent and international games revenue climbed 13 per cent. Capital expenditure reached RMB31.9 billion, up 16 per cent, as spending on AI infrastructure continued to rise.
The company has told investors that new AI products are weighing on margins, even as core businesses continue to generate strong cash flow. Excluding new AI products, non-IFRS operating profit rose 17 per cent in the first quarter, compared with a 9 per cent increase overall. That gap highlights the near-term drag from AI investment, but also explains why investors are sensitive to any sign that Tencent can place AI directly into revenue-generating services.
Competition is intensifying across China’s technology sector. Alibaba has pushed Qwen into consumer and enterprise markets, ByteDance has expanded AI features across its content ecosystem, and Baidu continues to build around Ernie and AI cloud services. The key battleground is shifting from chatbots to agents that can perform tasks, connect with apps and act across digital services with limited user input.
WeChat’s mini-programme ecosystem could be central to Tencent’s approach. Millions of merchants, developers and service providers already operate within the platform, allowing an AI agent to navigate services without pushing users outside Tencent’s environment. For merchants, an effective agent could increase conversion rates by shortening the path from search to purchase. For Tencent, it could deepen engagement, improve advertising relevance and strengthen its fintech and business services ecosystem.
Regulation remains a critical constraint. China requires generative AI services offered to the public to comply with rules covering data security, content control and algorithmic governance. Any WeChat agent would need to satisfy those requirements before broad release, especially because it could interact with payments, commerce and public services.
Beijing’s new trade secret rules have taken effect, bringing data, algorithms, computer programs and source code explicitly within the country’s administrative protection system as China moves to curb technology leaks during a sharper contest with the United States over artificial intelligence, advanced computing and strategic know-how.
The Provisions on the Protection of Trade Secrets, issued by the State Administration for Market Regulation under Order No. 126, came into force on 1 June 2026 and replace rules first introduced in 1995. The overhaul gives regulators clearer authority to handle disputes involving digital assets that now sit at the centre of corporate value, from AI model architecture and training datasets to platform recommendation systems, software code and commercially valuable operational data.
The change marks a significant shift in China’s treatment of intangible technology assets. Earlier rules were drafted before cloud computing, AI systems and large-scale data operations became central to business competition. The new framework defines trade secrets as technical or business information that is not publicly known, has commercial value and has been subject to confidentiality measures by the rights holder. Technical information now expressly covers data, algorithms, computer programs and code, while business information can include management, sales, finance, planning, customer and operational data.
The timing gives the regulation wider strategic weight. China and the United States are locked in a prolonged technology rivalry involving semiconductor controls, restrictions on advanced computing hardware, limits on investment in sensitive sectors and scrutiny of cross-border technology transfers. Washington has tightened export controls on high-end chips and chipmaking equipment, while Beijing has expanded its own legal toolkit to protect critical technology, secure data flows and prevent overseas transfer of capabilities it regards as strategically important.
The new rules do not create a separate trade secret law, but provide more detailed administrative guidance under China’s Anti-Unfair Competition Law. They clarify how regulators should assess whether information is secret, whether it has commercial value, what counts as reasonable confidentiality measures and how infringement should be investigated. For companies, the central message is that protection will depend not only on the value of the information, but also on whether internal controls, access limits, confidentiality agreements, digital safeguards and evidence trails are in place.
The provisions also recognise that unsuccessful research can have commercial value. Stage-by-stage technical results, failed experimental data and development paths that save time or cost in future research may qualify for protection if they meet the legal conditions. That is especially relevant for AI labs, pharmaceutical developers, electric vehicle makers, chip design firms and advanced manufacturing groups, where failed trials can reveal important technical boundaries and prevent competitors from repeating expensive mistakes.
Regulators have been given practical enforcement tools, including powers to inspect business premises, question individuals, copy documents, examine electronic records and take action against materials linked to suspected infringement. Penalties can include orders to stop unlawful conduct, confiscation of illegal gains and fines that may reach CNY5 million in serious cases. The framework also covers improper acquisition, disclosure, use or permission to use trade secrets obtained through theft, bribery, fraud, coercion, electronic intrusion or breach of confidentiality obligations.
For multinational companies operating in China, the new rules create a mixed picture. Stronger protection could help firms defend proprietary data, software systems and industrial processes in a market where trade secret disputes have often been difficult to pursue. At the same time, wider protection for data and algorithms may increase compliance complexity, particularly in joint ventures, outsourced research, cloud services, employee mobility, cross-border collaboration and licensing arrangements.
Technology companies are likely to face tougher expectations over documentation. Firms seeking protection will need to show that the information was not easily accessible, carried economic value and was actively protected. Generic claims that an algorithm or dataset is confidential may not be enough. Companies will be expected to classify sensitive assets, restrict access by role, track downloads and transfers, maintain logs, use encryption or watermarking where appropriate, and ensure that employment and partnership contracts define confidentiality obligations with precision.
The rules also sit alongside China’s broader data and security regime, including laws on data security, personal information protection, cybersecurity and export control. That overlap could make enforcement more powerful but also more complicated. A dataset may be a trade secret, a regulated data asset and a cross-border transfer concern at the same time. Businesses handling AI training material, user behaviour data or industrial performance data will need to assess those obligations together rather than treating trade secret protection as a standalone issue.
Arabian Post Staff -Dubai Yango Ride and Shell Oman Marketing Company have launched a dedicated benefits programme for partner drivers across Oman, offering fuel discounts, food and beverage deals and vehicle-care offers through Shell’s service-station network. The tie-up gives Yango Ride partner drivers access to exclusive offers at 216 Shell service stations using dedicated promo codes through the Shell Asia App. The package includes discounted fuel, tailored […]
A critical weakness in Flowise has exposed self-hosted AI workflow servers to full compromise, after technical details and working exploit code showed that a logged-in user could trigger command execution by importing a crafted chatflow. The flaw, tracked as CVE-2026-40933, affects Flowise deployments before version 3.1.0 and carries a 9.9 severity score. It stems from the way Flowise handles Model Context Protocol, or MCP, configurations in its […]
SolyxImmortal, a Python-based information-stealing malware, is drawing attention from cyber defenders because of its ability to combine browser credential theft, document harvesting, keystroke logging and screen surveillance inside a single Windows implant. Technical analysis shows the malware is designed to operate quietly on compromised machines, using common Python libraries, Windows features and multi-threaded execution to run several data-collection functions at the same time. Its targets include saved […]
Binance has launched regulated dirham bank transfers for users in the UAE, giving customers a local-currency route to buy and sell selected stablecoins through a framework designed to strengthen protection for client funds. The service allows eligible users to transfer UAE dirhams through a regulated financial channel and convert funds into USDT and USDC, reducing reliance on dollar-linked payment routes, card transactions and informal transfer methods. Transactions […]
SINGAPORE – Media OutReach Newswire – 2 June 2026 – UnionPay International (UPI) and the Singapore Tourism Board (STB) have renewed their strategic partnership to jointly promote Singapore tourism and enhance payment experiences for international travelers through integrated marketing campaigns, merchant collaborations, and cross-border payment initiatives.
Signing ceremony of Memorandum of Understanding between Singapore Tourism Board and UnionPay International
The renewed three-year Memorandum of Understanding (MOU) builds on previous successful collaborations between both parties and aims to drive tourism spending by combining STB’s destination marketing resources with UnionPay’s global payment network and regional marketing channels.
Under the partnership, both parties will jointly launch tourism and payment campaigns targeting key visitor markets including China and other regional outbound travel segments. Campaigns will promote Singapore tourism offerings alongside UnionPay’s payment privileges, merchant promotions, and acceptance network across shopping, dining, attractions, transportation and hospitality sectors.
The collaboration will also focus on premium travel and MICE segments through partnerships with banks, luxury travel platforms and tourism stakeholders to introduce tailored privileges and curated experiences for UnionPay cardholders visiting Singapore.
According to STB, Singapore welcomed approximately 16.9 million international visitors in 2025, with China’s mainland remaining the country’s largest source market. As international travel demand continues to recover, seamless and secure payment experiences are playing an increasingly important role in enhancing visitor satisfaction and driving tourism consumption.
Over the past cooperation period, UPI and STB jointly launched multiple tourism campaigns through leading travel and digital platforms, generating more than 40 million impressions and strengthening UnionPay’s presence among travelers visiting Singapore.
Moving forward, both parties will continue to explore new opportunities in tourism marketing, merchant collaboration, and consumer engagement to further support Singapore’s tourism growth and cross-border travel ecosystem.
Hashtag: #Unionpay
The issuer is solely responsible for the content of this announcement.
Emirates Telecommunications Group Company PJSC, known as e&, has agreed to sell part of its stake in Careem Technologies to Uber Technologies for $100 million in cash, reducing its majority position in the Dubai-based platform while keeping a sizeable exposure to one of the region’s best-known technology businesses. The binding agreement covers 12.5 per cent of e&’s 50.03 per cent holding in Careem Technologies. Once the transaction […]
MANILA, PHILIPPINES – Media OutReach Newswire – 2 June 2026 –Vinpearl Joint Stock Company has signed Memorandums of Understanding (MoUs) with CAITO and Klook, partners with extensive networks and influence in the travel and digital tourism sectors in the Philippines and across the region. The agreements aim to enhance Vinpearl’s brand presence while promoting premium resort, golf, MICE and travel experience products in Nha Trang, Phu Quoc, and Da Nang to Filipino travelers.
The MoUs were signed during the Vietnam–Philippines Business Forum, held as part of the official visit by Party General Secretary and President Tô Lâm to the Republic of the Philippines.
The partnership with CAITO aims to enhance Vinpearl’s brand awareness within the Philippines’ travel trade community while creating additional opportunities to develop hospitality, entertainment and MICE offerings in Nha Trang, Phu Quoc and Da Nang. CAITO is currently one of the Philippines’ leading tourism organizations, with an extensive network of travel businesses across the region.
With Klook, one of Asia’s leading travel experience platforms, Vinpearl and VinWonders aim to expand their strategic collaboration across distribution, communications and tourism promotion in key international markets, particularly the Philippines and broader Southeast Asia. The partnership is expected to expand the presence of the Vinpearl–VinWonders ecosystem in major international markets, while further elevating Vietnam’s tourism image across global travel and digital media platforms.
Ms. Ngo Thi Huong, Chief Executive Officer of Vinpearl, shared: “Through these agreements in the Philippines, alongside a series of partnership initiatives in Thailand and Singapore, Vinpearl aims to drive high-quality inbound tourism to Vietnam, strengthen connectivity among ASEAN markets, and enhance the competitiveness of Vietnam’s tourism industry. With an integrated ecosystem spanning hospitality, entertainment, golf, and commercial services, Vinpearl remains committed to pioneering world-class experiences that contribute to positioning Vietnam as a leading destination in the Asia-Pacific region.”
Mr. Michelle Ho, Chief Executive Officer of Klook Philippines, said: “Vinpearl currently operates one of the region’s most distinctive tourism and entertainment ecosystems, with strong capabilities in integrating hospitality, theme parks and premium leisure experiences. We believe our partnership with Vinpearl will further enhance the appeal of Nha Trang, Phu Quoc and Da Nang among travelers across the region.”
Previously, during its business engagements in Thailand and Singapore, Vinpearl also entered into MoUs with Agoda, AirAsia MOVE, BeMyGuest and GlobalTix to expand international distribution channels for its hospitality, resort and travel experience offerings.
Together with the agreements established in the Philippines, this series of partnerships with leading regional players across aviation, travel trade, digital tourism, and travel distribution reflects Vinpearl’s ongoing efforts to build a comprehensive international market development network across Southeast Asia.
Beyond expanding its partner ecosystem, these collaborations provide a foundation for Vinpearl to strengthen its presence in key markets, engage more effectively with international travelers, and enhance the competitiveness of Vietnam’s tourism industry within the region.
The issuer is solely responsible for the content of this announcement.
About CAITO
CAITO (Calabarzon Alliance of Independent Tour Operators, Inc.) ONE CALABARZON is an association of independent travel businesses and tourism partners in the Philippines, established in 2020. With a rapidly expanding member network and close collaboration with the Philippines Department of Tourism (DOT), CAITO has become one of the country’s most dynamic tourism organizations, playing an active role in tourism promotion, business connectivity and international collaboration, particularly in the areas of MICE and B2B. The organization is anchored in a vision to promote Philippine destinations, tourism products, cultural heritage, cuisine, and services while strengthening the country’s tourism identity through collaboration, shared promotion, and collective growth.
About Klook Klook is one of the leading travel experience platforms in the Asia-Pacific region, offering attractions, tours, transportation, accommodation, and travel services on a global scale. To date, Klook has recorded more than 65 million bookings across over 200 markets, supporting more than 40 payment methods alongside e-ticketing services and 24/7 customer support.
The platform currently operates a community of more than 30,000 content creators across 88 markets, helping promote tourism and inspire exploration for millions of travelers worldwide.
About Vinpearl
Vinpearl is Vietnam’s leading tourism, hospitality and entertainment brand, currently operating 60 properties across 20 provinces and cities nationwide. Its ecosystem includes a network of five-star hotels and resorts with more than 17,500 rooms; 16 VinWonders theme parks offering a wide range of attractions for all audiences; six world-class golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The ecosystem also features two semi-wildlife conservation and care parks, an equestrian academy, and million-dollar live-action shows in Nha Trang and Phu Quoc, attracting millions of visitors each year.
Florida has filed a civil lawsuit against OpenAI and its chief executive Sam Altman, accusing the artificial intelligence company of knowingly releasing ChatGPT to the public despite safety warnings and alleged risks to children, vulnerable users and wider public safety. The complaint, filed in state court by Attorney General James Uthmeier, marks the first lawsuit brought by a US state against OpenAI over alleged harms linked to […]
Parcel-locker group InPost will invest a further €500 million in France by 2030, strengthening its out-of-home delivery network as e-commerce growth and consumer demand for flexible collection points reshape Europe’s parcel market. The commitment adds fresh weight to the expansion strategy of the Poland-based logistics company, which has been building France into one of its most important markets outside its home base. The investment is intended to […]
OpenPayd has agreed to merge with Titan Acquisition Corp in a deal that would take the London-based financial infrastructure company public on Nasdaq at a pro-forma equity value of $1.145 billion, giving the payments group fresh capital to expand across the United States and deepen its stablecoin-linked services. The proposed combination with Titan, a Nasdaq-listed special purpose acquisition company, has been approved by both boards and is […]
HANOI, VIETNAM – Media OutReach Newswire – 1 June 2026 – VinDynamics, a technology company under Vingroup, has officially unveiled its first humanoid robot, Dyno, at two of the world’s premier technology and robotics events: the IEEE International Conference on Robotics and Automation (ICRA 2026), taking place from June 1 to 5 in Vienna, and Computex Taipei 2026, held from June 2 to 5 in Taipei. The debut marks a significant milestone in VinDynamics’ journey toward mastering humanoid robotics technology while demonstrating the research and development capabilities of Vietnamese engineers on the global technology stage.
At the center of VinDynamics’ showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments.
At the center of VinDynamics’ showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments. Equipped with an advanced AI platform and a highly responsive environmental sensing system, Dyno is optimized for security and surveillance applications across urban areas, campuses, and integrated service complexes. The robot is also being developed as a household assistant capable of supporting a wide range of everyday tasks through its flexible arm span and dexterous object manipulation capabilities.
A key highlight at both ICRA 2026 and Computex 2026 is Dyno’s live demonstration as a robotic guide. The humanoid robot was previously piloted at Vinpearl Safari Phu Quoc, one of Vietnam’s largest semi-wildlife conservation parks. Operating in a demanding outdoor environment, Dyno demonstrated natural communication abilities, multilingual narration, and flexible responses to visitors’ questions, delivering a distinctive and engaging guest experience.
The pilot program at Vinpearl Safari showcased Dyno’s adaptability in real-world service scenarios and highlighted the potential of humanoid robots across tourism, hospitality, and customer service applications. Its ability to operate reliably in real-world environments, handle dynamic situations, and interact directly with people represents an important step toward future commercial deployment of humanoid robotics.
At both events, VinDynamics is also presenting a comprehensive robotics technology ecosystem developed by its team of Vietnamese engineers. In addition to the fully-integrated Dyno humanoid robot, the company is showcasing two high-value core components: a specialized actuator system and a robotic hand with internationally-benchmarked dexterity. VinDynamics is also introducing a dedicated AI training dataset optimized for real-world application scenarios.
Mastering the entire humanoid robotics value chain, from hardware to software and from mechanical design to artificial intelligence, stands as clear evidence of the research and development capabilities of Vietnamese engineers. VinDynamics’ efforts also provide a strong foundation for its global expansion strategy and long-term technology partnerships with leading technology corporations, research institutions, and international enterprises in robotics and AI. These initiatives will gradually position humanoid robotics developed by Vietnamese engineers more deeply within the global technology value chain.
Mr. La Manh Hung, Chairman of VinDynamics, said: “The introduction of Dyno at ICRA 2026 and Computex 2026 is not only an important milestone for VinDynamics but also reflects the aspirations of Vietnamese engineers to contribute to one of today’s most advanced technology fields. With the belief that humanoid robots will play an increasingly important role in daily life, VinDynamics is focused on developing practical technologies with people at the center.”
Founded in September 2025, VinDynamics is Vingroup’s pioneering humanoid robotics company, with a vision to develop versatile, human-centric robots capable of seamlessly integrating into everyday life and scaling globally. As the global humanoid robotics market is projected to reach tens of trillions of dollars by 2050, driven by rapid advances in AI, sensors, and automation, VinDynamics’ presence at ICRA 2026 and Computex 2026 further reinforces the pioneering role of Vietnamese enterprises in one of the 21st century’s most strategic technology trends.
Hashtag: #VinDynamics
The issuer is solely responsible for the content of this announcement.
About VinDynamics
VinDynamics is a technology company under Vingroup, dedicated to the research, development, and manufacturing of advanced robotics and automation solutions, particularly in the field of humanoid robots. Leveraging cutting-edge technologies such as artificial intelligence, mechatronics, and motion control, VinDynamics aims to deliver intelligent, safe, and cost-effective robotic products that enhance productivity and improve quality of life.
NASA’s Jet Propulsion Laboratory has moved mission-critical IT infrastructure to Red Hat OpenShift Virtualization, strengthening the computing foundation behind deep space operations as robotic missions place rising demands on data handling, resilience and automation. The migration gives JPL a unified platform for running traditional virtual machines alongside containerised applications, allowing teams to modernise core workloads without forcing an abrupt break from legacy systems that support highly specialised […]
By Nantoo Banerjee Bangladesh’s involvement of China in the country’s US$ 1.5-billion Teesta River Comprehensive Management and Restoration Project (TRCMRP) seems to have posed a significant geopolitical tension for India and its defence concerns. Dhaka made a formal request to China for the project during Foreign Minister Khalilur Rahman’s recent visit to Beijing, reflecting a […]
Greenlogue/AP Green GSM Philippines has secured a strategic financing and digital banking partnership with Philippine National Bank, giving the all-electric ride-hailing operator fresh support for fleet expansion, driver payroll and nationwide growth as the Philippines accelerates its shift towards cleaner urban transport. The partnership centres on P2 billion in credit facilities extended by PNB to finance the acquisition of electric vehicles and support working capital requirements. The […]
MANILA, PHILIPPONES – Media OutReach Newswire – 1 June 2026 –Green GSM Philippines and Philippine National Bank (PNB) officially announced a strategic partnership in financial and digital banking services to support the operations and expansion of Green GSM’s all-electric ride-hailing ecosystem in the Philippines. The agreement marks the next step in Green GSM’s strategy to develop the infrastructure supporting its electric mobility model, as the company continues to expand across major urban areas and gradually build a sustainable long-term operating ecosystem in the Philippine market.
Mr. Edwin R. Bautista, President and Chief Executive Officer of Philippine National Bank (third from left); Ms. Thuy Vu Dropsey, Chief Corporate Development & Strategic Finance Officer at Vingroup (third from right); and Mr. Dao Quy Phi, Managing Director of Green SM Southeast Asia (far right), together with representatives of the parties at the partnership signing ceremony between Green GSM and Philippine National Bank. Under the partnership, PNB provided a PHP 2 billion credit facility to support Green GSM’s operational expansion and fleet growth in the Philippines. The facility supported Green GSM’s fleet expansion and operating capacity in the Philippines.
Alongside the credit facility, the two parties also implemented digital account management and payment systems for Green GSM’s driver network. Through PNB’s corporate banking platform and digitized onboarding processes, account opening and activation times are significantly reduced, helping Green GSM strengthen operational management as it expands driver network.
As cities continue to seek lower-emission transport solutions, financial systems, digital payments, driver management and operating standards are becoming increasingly important to supporting mobility platforms at scale.
In the Philippines, Green GSM is building mobility model through the integration of technology, an all-electric fleet, and standardized operating systems. Following its strategic partnership with Xentro Group in 2025 and the launch of the Green Xentro fleet in Rizal earlier this year, the company continues to expand its presence through long-term collaborations with local partners and domestic financial institutions.
“We appreciate Green GSM’s long-term development direction in the Philippines, not only in advancing low-emission mobility, but also in the way the company is building an operating model with scalability and clear governance foundations,” said Mr. Edwin R. Bautista, President and Chief Executive Officer of PNB. “The transition toward sustainable transport will require ecosystems capable of supporting stable long-term growth, together with the financial and operational foundations needed to enable that expansion.”
Ms. Le Thi Thu Trang, Chief Executive Officer of Green GSM Philippines, said: “For Green GSM, developing an all-electric mobility model is not only about expanding the fleet, but also about building an operating system that is stable, standardized, and capable of sustainable long-term growth. Our partnership with PNB will help strengthen the financial and operational foundations needed to enhance service quality and support Green GSM’s continued expansion in the Philippines.”
Green GSM develops its all-electric mobility model through the combination of technology, standardized operating systems, and professionally trained drivers. The platform is supported by real-time monitoring and operational systems designed to maintain service consistency across major urban areas.
The partnership with PNB further reinforces Green GSM’s long-term direction in the Philippines, where the company continues to strengthen its operating foundations, service standards, and driver support systems in order to maintain service quality as operations scale further.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
About GSM & Green SM
GSM (Green Smart Mobility) is a pioneering multi-platform company operating all-electric ride-hailing services. With a focus on sustainable transport development, GSM operates a mobility model powered entirely by VinFast electric vehicles, combining technology, service standards, and operational ecosystems to support the future of low-emission urban mobility.
Green GSM is GSM’s official brand in the Philippines and is part of the broader Green SM global ecosystem, alongside Xanh SM in Vietnam and Laos, and Green SM in Indonesia. Across all markets, the brand focuses on delivering modern mobility experiences through VinFast electric vehicles, professional drivers, and operating systems built around safety, consistency, and service quality.
About Philippine National Bank (PNB)
Philippine National Bank (PNB) is one of the Philippines’ largest private commercial banks in terms of assets and deposits. The bank provides a full range of financial and banking services to individual customers, businesses, institutions, and overseas Filipino communities. With a history spanning more than a century, PNB continues to focus on growth strategies driven by digital transformation, operational efficiency, and sustainable development in the financial sector.
Positron AI has opened its first office outside the United States at Dubai International Financial Centre, placing the AI infrastructure developer inside one of the region’s fastest-growing technology and financial ecosystems. The move gives the US-based company a licensed presence in DIFC as it seeks to expand demand for AI inference systems across the Middle East, Africa and South Asia. Positron AI has raised more than $300 […]