An SUV that delivers both sophistication and an industry-leading peace-of-mind ownership experience.
DUBAI, UAE – Media OutReach Newswire – 29 December 2025 – Middle Eastern buyers have long gravitated toward vehicles that project elegance, presence, and purpose. As electric mobility accelerates across the region, design continues to be a major factor in purchase decisions. VinFast responds to this expectation with the VF 8, an electric SUV whose aesthetic is rooted in European sophistication yet thoughtfully shaped to resonate with Middle Eastern roads, lifestyles, and sensibilities.
The VF 8’s exterior was developed around a design philosophy VinFast calls “Dynamic Balance”. Rather than relying on overt aggressiveness, the VF 8 uses tension between smooth surfaces and crisp lines, balancing gentle curves with sharper transitions to create a silhouette that feels modern without chasing trends, a consideration particularly relevant in the Middle East.
Its LED lighting signature, highlighted by a full-width tail lamp and the recognizable V-shaped graphic, establishes a strong visual identity from a distance. Confident proportions and a purposeful stance allow the vehicle to project stability on wide highways and in dense city environments.
Inside the VF 8, VinFast has created a cabin that blends practicality with an understated, premium feel. A panoramic sunroof brightens the interior and creates a sense of openness that local buyers often value. Premium vegan leather, color-selectable ambient lighting, and a streamlined dashboard contribute to a cabin that feels calm and contemporary. At the center of this environment is a 15.6-inch floating infotainment display that anchors the cockpit while reducing physical clutter. The seats, spacious in both rows, are designed with long-distance comfort in mind, and ventilation and heating functions in the Plus variant provide flexibility across seasonal shifts in the region.
Design and engineering intersect to elevate everyday usability. The VF 8’s aerodynamic profile supports range efficiency and improves ride stability. Wide outward visibility, paired with intelligent LED lighting, enhances confidence during night driving and intercity travel. The vehicle’s smart functionalities, including update capability and advanced driver-support technologies, are built into the design in a way that maintains the cabin’s clean, minimal aesthetic without overwhelming the driver.
The VF 8’s design narrative is strengthened by an ownership experience that has become one of VinFast’s defining attributes. Its long-term warranty coverage extends for ten years or 200,000 km on the vehicle, alongside a ten-year battery warranty with unlimited mileage, delivering assurance that resonates strongly with Middle Eastern buyers who prioritize durability and long-term value. This is reinforced by a comprehensive aftersales framework that includes five years of free scheduled service up to 100,000 km, 24/7 roadside assistance with mobile service support, guaranteed access to replacement parts around the clock, and the inclusion of home charging solutions with access to DC fast-charging networks. Together, these policies align with the SUV’s design intention: a vehicle created not only to be admired, but to be lived with confidently for years.
This positioning comes as VinFast closes out one of the most consequential years in its history. The company has inaugurated its Subang manufacturing plant in Indonesia, marking a major expansion of its global production footprint, while momentum in Vietnam continues to accelerate. With record monthly deliveries and multiple models leading their respective segments, VinFast is on track to finish the year as the best-selling automotive brand in its domestic market, underscoring the speed and scale of its transition from an emerging EV player to an established market leader.
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone.
VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.
A sweeping federal decree-law has set out a unified legal framework aimed at protecting minors from online harm across the UAE’s fast-expanding digital ecosystem, placing clear duties on internet service providers and digital platforms that operate within the country or target users based there. The legislation signals a tougher regulatory posture as children’s screen time rises and online services become more embedded in everyday life. The decree-law […]
Labour demand across the United Arab Emirates is on course to rise by more than one million roles by the end of the decade, with technology positions accounting for a growing share of new hiring as digital transformation accelerates across government and the private sector. The outlook, drawn from labour market modelling and workforce data cited in a new ServiceNow study, points to sustained growth driven by artificial intelligence adoption, cloud migration, cybersecurity needs and large-scale public investment programmes.
The report estimates that the UAE currently supports about 8.5 million jobs across its economy, of which roughly 169,000 are technology-focused roles. While this represents only a small fraction of total employment, the pace of change is expected to intensify as organisations automate processes, modernise legacy systems and respond to new regulatory and security requirements. Analysts tracking the Gulf labour market say the country’s ambition to position itself as a global hub for digital services, advanced manufacturing and knowledge industries is translating into long-term workforce demand rather than short hiring cycles.
Economic planners have prioritised sectors that combine high productivity with export potential, including financial technology, health technology, clean energy systems, logistics platforms and smart infrastructure. Programmes aligned with national digital strategies are encouraging public bodies and state-linked firms to move services online, adopt AI-enabled decision tools and integrate data across departments. Each of these shifts creates secondary demand for software developers, data engineers, cloud architects and IT service managers, while also reshaping non-technical roles that require digital fluency.
ServiceNow’s analysis suggests that technology roles are expanding faster than overall employment growth, even as traditional sectors such as retail, hospitality and construction continue to add jobs. Employers surveyed for the study reported difficulty filling specialised digital roles, particularly in cybersecurity operations, enterprise platform management and AI workflow design. These shortages are contributing to wage premiums for experienced professionals and increased investment in training pipelines.
Education providers and corporate academies have responded by scaling certification programmes, apprenticeships and mid-career conversion schemes. Universities in the UAE have expanded computer science and engineering intakes, while partnerships with global technology firms aim to align curricula with enterprise needs. Industry observers note that demand is not limited to coders; roles in product management, digital compliance, IT service delivery and change management are growing as organisations seek to embed technology into core operations.
Demographics and migration policy also shape the employment outlook. The UAE’s ability to attract skilled expatriates remains a central factor in meeting talent requirements, particularly for niche technical expertise that takes years to develop. Long-term residency options and sector-specific visas have helped stabilise the workforce, reducing turnover in high-demand roles. At the same time, localisation initiatives encourage employers to invest in training citizens for private-sector technology careers, broadening the domestic talent base.
Beyond pure technology positions, the report highlights a rise in hybrid jobs that combine domain knowledge with digital skills. In banking, compliance specialists increasingly work alongside data analytics teams; in healthcare, clinicians are expected to engage with digital records and AI-assisted diagnostics; in energy and utilities, engineers manage sensor-driven systems and predictive maintenance platforms. This blending of skills expands the effective footprint of the tech workforce beyond headline job titles.
Regional competition for talent is intensifying as neighbouring economies pursue similar diversification strategies. Salaries, quality of life and career progression prospects are key differentiators, according to recruitment firms operating in the Gulf. The UAE’s mature infrastructure, regulatory clarity and concentration of multinational headquarters continue to attract professionals, though employers face pressure to offer flexible working arrangements and clear upskilling pathways.
Dubai’s hospitality sector is gearing up for one of its busiest periods as year-end celebrations converge with large-scale retail promotions, major events and a packed tourism calendar, pushing hotels to prepare for near-capacity occupancy and heightened guest expectations across all segments. Advance bookings across prime locations have surged as visitors plan stays around fireworks displays along the coastline and landmarks, extended shopping hours, concerts and family attractions […]
BANGKOK, THAILAND – Media OutReach Newswire – 23 December 2025 – Dhanarak Asset Development Co., Ltd. (DAD), the state-owned enterprise responsible for managing Thailand’s Government Complex, has announced the successful transformation of the site into a pioneering green and walkable urban prototype, positioning it as a model for sustainable government-led city development.
City of Green Lifestyles by Dr. Nalikatibhag Sangsnit
Under the leadership of Dr. Nalikatibhag Sangsnit, President of DAD, the multi-year redevelopment program reimagines state-owned land, one that treats public land not as a bureaucratic perimeter, but as shared civic infrastructure that prioritizes people, health, and nature.
Dr. Nalikatibhag Sangsnit, DAD’s President
“For decades, government districts in Thailand were designed to manage paperwork, not people,” Nalikatibhag said. “We wanted to reverse that logic. A city, especially a city owned by the state, must first work for human life: how people walk, how they rest, how they breathe, and how they coexist with nature in their daily routines.”
Before-and-after comparison of Government Complex Bangkok after its green redevelopment
From Bureaucratic Grey to Green Living
The centrepiece of the initiative is the newly opened 5.1-rai landscaped connector between Buildings B and C, a site that once functioned primarily as a traffic corridor and noise buffer. The area has been transformed into a pedestrian-friendly green passage linking offices, transit access points and communal spaces within the Government Complex.
Designed as urban infrastructure, a climate buffer reduces heat, improves water absorption and supports daily movement across the site. It also opens previously restricted government land to wider public use, blurring the boundary between administrative space and the city around it.
The project aligns with Thailand’s broader sustainability frameworks, including environmental, social and governance (ESG) principles and the government’s bio-circular-green (BCG) economic model. Design features focus on expanding tree canopy, increasing permeable surfaces and creating flexible areas that can support exercise, informal gatherings and community activity.
A Scalable Blueprint for State-Led Urban Transformation
Over the past six years, DAD has increased green spaces within the Government Complex by more than 47 rai, and when combined with adjacent landscaped zones, the total reaches over 138 rai, creating one of northern Bangkok’s largest continuous public green areas.
Nalikatibhag describes the City of Green Lifestyles concept not as a one-off redevelopment, but as a template for future public-sector land use, particularly in rapidly urbanising Asian cities where governments remain among the largest landowners.
“This is about proving that sustainability is not an added cost or a branding exercise,” he said. “When green infrastructure is designed as part of the system, when it improves health, reduces stress, lowers energy demand and invites public use, it becomes economically rational and socially inevitable. The role of the state is not only to regulate cities, but to set an example of how cities should be lived in.”
Global Recognition for Innovation
DAD’s sustainability efforts have earned international acclaim. In 2025, the company became the only public-sector organisation to win the Asia-level International Innovation Awards for two consecutive years, recognising its Government Complex Smart City initiative and the GCC Super Application, a digital platform integrating transport, navigation, and public services within the complex.
The awards, selected from more than 160 entries across 30 countries, underscore Thailand’s growing leadership in sustainable and technology-driven public sector transformation.
Redefining the Role of the State in City-Making
Unlike large-scale urban megaprojects, the Government Complex Bangkok initiative relies on system-based, incremental transformation, repurposing existing assets instead of acquiring new land. Urban policy analysts note that this approach provides a scalable blueprint for other governments managing extensive real estate portfolios.
“A government city should not feel separate from everyday life,” Dr. Nalikatibhag said. “If public space eases the intensity of daily life, improves health and restores a sense of balance between people and nature, then governance itself becomes more humane.”
The issuer is solely responsible for the content of this announcement.
Dhanarak Asset Development Co., Ltd.
Dhanarak Asset Development Co., Ltd. is a state-owned enterprise under Thailand’s Ministry of Finance, responsible for managing and developing the Government Complex and related assets. DAD is committed to advancing sustainable, human-centered urban development and creating models for environmentally and socially responsible government infrastructure.
Taraf, the real estate arm of Yas Holding, has entered a strategic development partnership with Masdar City to deliver Fay Hills, a 153-acre residential masterplan positioned at the centre of Abu Dhabi’s flagship sustainable urban district. The project reflects a broader shift in the capital’s property market towards low-carbon living, wellness-focused design and long-term community planning. Located within Masdar City, Fay Hills is planned as four interconnected […]
President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with American entrepreneur Elon Musk, focusing on advances in artificial intelligence and emerging technologies and how cross-border collaboration can accelerate innovation with practical benefits for societies and economies. The meeting underscored Abu Dhabi’s ambition to position itself as a global hub for advanced technology while engaging with influential private-sector leaders shaping the future of AI, […]
Google has committed USD 8 million to support a network of artificial intelligence Centres of Excellence in India, signalling a deeper push into applied AI for public services, health care and local-language technologies while tying the investment to a parallel clean-energy partnership aimed at powering digital infrastructure sustainably.
The funding, announced by Google, is designed to accelerate research, product development and deployment across priority areas that include healthcare delivery, Indic language models and urban governance tools. The company said the centres will work with academic institutions, startups and public-sector bodies to translate laboratory advances into systems that can be deployed at scale, reflecting a broader shift among global technology firms towards mission-oriented AI programmes.
The allocation targets three primary domains. In healthcare, the centres are expected to focus on AI-assisted diagnostics, disease surveillance and workflow automation to reduce administrative burdens on clinicians. Google has previously tested AI models for medical imaging and population health analytics, and the new funding is intended to localise such tools for regional health systems, with attention to data privacy and clinical validation. Researchers involved in early-stage planning say the emphasis will be on interoperable platforms rather than standalone pilots, a response to criticism that many AI health projects fail to move beyond proof of concept.
Language technology forms the second pillar of the initiative. India’s linguistic diversity has long posed challenges for digital inclusion, and the centres are tasked with advancing large language models and speech systems that perform reliably across Indic languages and dialects. Google has already released open datasets and models for low-resource languages; the new programme seeks to improve accuracy, reduce bias and expand access for education, e-governance and small businesses. Industry observers note that competition in multilingual AI has intensified as regional startups and global rivals race to build models that can handle code-switching and local context.
Urban governance rounds out the focus areas, with planned projects covering traffic management, air-quality monitoring and municipal service delivery. Smart-city programmes have generated mixed results over the past decade, often constrained by fragmented data and procurement hurdles. By situating research within Centres of Excellence, Google aims to create replicable frameworks that cities can adapt, rather than bespoke systems tied to individual vendors.
Beyond the AI investment, Google has paired the announcement with a new solar partnership intended to support the energy needs of data centres and AI workloads. The company has pledged to match growth in computing capacity with clean-energy procurement, aligning with its global goal to operate on carbon-free energy around the clock. Analysts say the coupling of AI funding with renewable energy reflects mounting scrutiny of the environmental costs of large-scale computing, particularly as generative AI drives higher power demand.
The USD 8 million commitment is modest compared with Google’s global AI spend, yet its targeted design has drawn attention from policymakers and researchers. Government officials involved in discussions around the Centres of Excellence say the model allows for shared governance, with academic rigour balanced against industry deployment expertise. The approach also aligns with national ambitions to position the country as a hub for responsible AI development, emphasising safety, transparency and societal benefit.
Competition among technology firms has sharpened as Microsoft, Amazon and others expand partnerships with universities and public agencies across the Global South. In this context, Google’s move is seen as both a strategic investment and a reputational play, aimed at demonstrating that advanced AI can address public-interest challenges rather than solely commercial applications. Startups working in health tech and language processing expect spillover benefits through access to datasets, compute resources and mentorship.
MAURITIUS – Media OutReach Newswire – 22 December 2025 – UMSOCIAL, the social trading ecosystem powered by Ultima Markets, continues to empower traders with a transparent and secure way to share strategies, watch real market activity and copy trades in real time. Ultima Markets is an award-winning CFD broker and the first multi-asset trading broker to join the United Nations Global Compact.
UMSOCIAL has grown steadily over the past two years. Today, UMSOCIAL offers over 2,000 live strategies, with more than 10,000 trading accounts actively copying trades on the platform. This growth shows that traders are looking for a place where learning and trading can happen together.
“UMSOCIAL is not just about copying trades. It’s about learning, growing, and sharing success together,” said Jack Li, Regional Business Director at Ultima Markets. “Every Follower has the potential to become a Master. That’s the spirit behind our message: Follow Today, Master Tomorrow.”
A Connected Experience for Both Beginners and Skilled Traders
For beginners, UMSOCIAL provides an accessible way to learn from real-time market activity and trading strategies. New users can review verified performance records, understand trading styles, and mirror strategies from skilled traders in real time. As a social trading app, UMSOCIAL fosters a supportive learning experience for those who are new to markets.
At the same time, seasoned traders gain a structured platform to share their expertise, build credibility within the community, and earn performance-based fees tied to their strategy outcomes.
UMSOCIAL brings both beginner and skilled traders into one cohesive environment. This unified ecosystem supports education, transparency, and professional recognition, enabling every participant to engage with markets at their own pace while benefiting from clear and data-driven insights.
Powered by State-of-the-art Technology and Full Transparency
UMSOCIAL is built on Ultima Markets’ advanced technology infrastructure and strong focus on visibility, ensuring a secure and consistent experience across all user interactions. Every transaction is processed with fast order matching, stable connectivity, and full visibility. Traders can manage their accounts, monitor performance, or switch strategies at any time with just a few clicks.
The platform continues to evolve as one of today’s leading copy trading platforms, offering faster trade execution, real-time insights, and user-friendly tools. Ultima Markets remains focused on building a reliable, fair, and engaging environment where traders can grow and succeed together.
Start your journey with UMSOCIAL by Ultima Markets and trade smarter together.
The issuer is solely responsible for the content of this announcement.
About Ultima Markets
Ultima Markets is a licensed, award-winning, multi-asset broker offering access to over 250 CFD instruments across forex, commodities, indices and shares. The company was recently awarded Most Advanced Multi-Asset Trading Platform Europe 2025 and is the first CFD broker to join the UN Global Compact.
CFDs are complex instruments and involve a high risk of losing money rapidly due to leverage. Ensure you fully understand the risks before trading.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance of Masters on UMSOCIAL does not guarantee future results. Trading involves risk, and you are fully responsible for your own trading decisions.
A dramatic concept video portraying a proposed “Dubai Air Hotel” by Emirates has ignited global attention, depicting a full-scale Airbus A380 mounted atop a 580-metre, 125-storey tower in Dubai. The vision, priced at an estimated $3 billion, imagines an aviation-themed landmark that would combine ultra-luxury hospitality with a striking architectural statement, reinforcing the city’s reputation for headline-grabbing development. The footage shows the double-deck superjumbo positioned like a […]
SINGAPORE – Media OutReach Newswire – 21 December 2025 – Singapore’s job market is undergoing rapid transformation, driven by digitalisation, sustainability imperatives, and demographic shifts. The challenge for graduates and professionals lies in maintaining relevance within industries that are shaping tomorrow’s economy. The Singapore Institute of Management (SIM) plays a pivotal role in this development, equipping learners with critical skills and internationally recognised certifications sought by employers.
Growth Sectors Driving Singapore’s Economy
According to the Ministry of Manpower’s Labour Market Report (Q2 2025), resident employment continues to expand in Health & Social Services, while demand for roles in Information & Communications Technology (ICT) and sustainability-related fields remains robust despite global uncertainties. Job vacancies reached 76,900 in June 2025, surpassing the number of jobseekers, with a ratio of 1.35 vacancies per unemployed person—underscoring sustained demand for skilled talent.
Singapore’s Smart Nation and Green Plan strategies highlight key growth sectors including the digital economy (AI, data analytics, cybersecurity, cloud computing), finance and fintech (green finance, blockchain, digital banking), healthcare and life sciences (driven by aging demographics and biomedical innovation), and sustainability (ESG consulting and renewable energy)
SIM’s Industry-Aligned Programmes
SIM addresses the needs of Singapore’s fastest-growing sectors through two key business units: SIM Global Education (SIM GE) and SIM Academy (SIMA).
SIM GE collaborates with leading universities to deliver degree programmes in high-demand areas, such as:
Bachelor of Science (Honours) in Data Science and Business Analytics (University of London) – preparing graduates for careers in data analytics and machine learning
Bachelor in Computer Science (Big Data and Artificial Intelligence) (University of Wollongong) – developing expertise in cybersecurity and generative AI
Bachelor of Business, Majors in Economics, Finance etc (RMIT University) – enabling roles in finance
SIM Academy complements these academic pathways with professional development courses for upskilling and reskilling, including the Starting and Managing Corporate Sustainability, designed to empower professionals to lead ESG initiatives aligned with Singapore’s Green Plan 2030. These offerings combine academic rigor with practical certifications, internships, and industry-aligned projects, ensuring competitiveness in Singapore’s evolving job market.
Alumni Success Pathways
Graduates from SIM’s cybersecurity-related programmes come from a wide range of educational and professional backgrounds, reflecting the diversity of talent entering Singapore’s growing digital sector. Many begin their learning journeys with different motivations, whether to upskill for emerging roles, pivot from adjacent fields or pursue deeper specialisation in cybersecurity.
Some learners are inspired to pursue formal training after encountering real world risks, such as online fraud or data breaches. Others choose to build on existing technical foundations to take on more specialised responsibilities in national and enterprise cybersecurity functions. Through industry-aligned curricula, practical exposure and professional networks, SIM enables these learners to strengthen their competencies in areas such as threat intelligence, AI-enabled defence and cloud security.
These varied pathways highlight how SIM programmes support both early-career and mid-career professionals in progressing to roles within high-demand sectors, as well as further studies at reputable institutions. The outcomes reflect the value of accessible, skills focused education in developing the cybersecurity workforce needed to support Singapore’s transformation into a resilient and digitally driven economy.
Looking Ahead
Singapore’s economic future depends on a workforce that is agile, skilled, and prepared for change. SIM remains a catalyst in this transformation, offering programmes and professional courses aligned with national growth sectors and global trends. By combining academic excellence with practical industry exposure and showcasing alumni who have successfully transitioned into high-demand fields, SIM demonstrates how education drives employability and innovation.
The issuer is solely responsible for the content of this announcement.
About the Singapore Institute of Management
The Singapore Institute of Management (SIM) is an International Institute of Higher Learning (IIHL) that empowers, uplifts and strengthens employability, at all seasons of life and starting points. Seeded by the Singapore Economic Development Board in 1964, SIM nurtures leaders with industry focused skills, knowledge and values to create impact in Singapore and Asia through globally recognised education and learning pathways.
SIM harnesses new knowledge, skills, and technology to provide skills-based learning experiences that enable students, professionals, and enterprises to Learn for Life and Thrive for Life. Through SIM Global Education (SIM GE) and SIM Academy, SIM supports diverse learning needs—offering higher education pathways and tailored learning journeys for working professionals and enterprises to adapt and grow in an ever-changing world.
With a steadfast commitment to transforming lives, SIM continues to be a catalyst for change across communities, inspiring learners to contribute meaningfully to society, and fostering progress in society.
For more information on the Singapore Institute of Management, visit sim.edu.sg.
Rivian has begun deploying a major software update that introduces Universal Hands-Free Driving across supported highways, alongside expanded digital key functionality on both iOS and Android devices, marking a significant step in the electric vehicle maker’s push to narrow the software gap with more established rivals. The update, delivered over the air to owners of the R1T pickup and R1S SUV, enables drivers to operate their vehicles […]
SINGAPORE – Media OutReach Newswire – 20 December 2025 – Singapore Institute of Management (SIM) introduces CareerSense, an AI-powered career guidance application designed to transform how students plan, prepare, and pursue their careers. This initiative reinforces SIM’s commitment to preparing learners for the future of work in an era where technology is reshaping industries and job roles at unprecedented speed.
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.
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 (2nd left); Dr. LAM Ching-choi, GBS, JP, Non-official Member of the Executive Council & Chairman of the Council for Carbon Neutrality & Sustainable Development (1st right); Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited (2nd right); and Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council (1st left).
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.
The judge Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council (1st left), together with representatives from enterprises receiving the Outstanding ESG Award, Ms. Jessica CHAN, Head of Sustainability of MTR Corporation (2nd left); Ms. Angel SZE, Company Secretary and Head of ESG Management Committee, Fosun International Limited (3rd left); Ms. Connie LAU, Assistant General Manager, Legal Department, China State Construction Development Holdings Limited (4th left); Mr. Jonathan CHIU, President, Schneider Electric Hong Kong (3rd right) ; Mr. Peter LEE, Chief Sustainability Officer, Airport Authority Hong Kong (2nd right); Mr. Oswald AU, Managing Director, Riskory Consultancy Limited (1st right), exchanged practical insights in the session titled “Partnering Across Sectors to Co-create a Low-carbon Future”.
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.
The 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 (1st left), as moderator. He was joined by Ir. Franco CHEUNG, Director (Projects), Hong Kong Housing Society (2nd left); Mr. Samuel KWONG, Senior Associate Director – ESG, Chinachem Group (2nd right); Mr. Jeffery LOK, Managing Director, Kwan On Chemical Enterprise Co. Ltd. (1st right) for in-depth discussions.
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.
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.
Expo City Dubai has rolled out a structured graduate development initiative aimed at preparing UAE nationals for long-term careers in real estate, urban development and city management, as the post-Expo district accelerates its transition into a permanent business, residential and innovation hub. The programme, branded Exposure, sits within Expo City Dubai’s Real Estate and Development division and targets fresh Emirati graduates at the start of their professional […]
A federal appeals court in the United States has breathed new life into a class-action lawsuit accusing Apple of running the App Store as an unlawful monopoly, a ruling that sharpens pressure on one of the world’s most valuable companies and adds momentum to antitrust scrutiny facing Big Tech across several jurisdictions. The Ninth U. S. Circuit Court of Appeals overturned a lower court decision that had […]
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.
JOHOR BAHRU, MALAYSIA – Media OutReach Newswire – 10 December 2025 – Novotel, the brand dedicated to creating meaningful moments of balance for business and leisure travellers, proudly announces the opening of Novotel Johor Bahru City Centre, a new addition to the city’s growing hospitality scene. Ideally located in the heart of Johor Bahru, the hotel offers a harmonious blend of contemporary comfort, warm Malaysian hospitality, and thoughtful touches for guests of all ages.
Above: Family Room
The hotel’s interiors subtly weave elements of Malaysia’s cultural identity into a modern, stylish setting, creating inviting spaces that reflect local character while embracing Novotel’s signature contemporary flair.
The hotel features 304 thoughtfully designed rooms and suites with floor-to-ceiling windows, Smart TVs, Deep Nature amenities, and flexible layouts. Suites include espresso machines, while family room configurations ensure an enjoyable stay for all.
Guests can dine at Food Exchange, offering local favourites, international cuisine, and festive menus. The Gourmet Bar in the lobby serves light bites, crafted drinks, and grab-and-go options, while the Pool Bar offers refreshments beside the open-air infinity pool.
For meetings and events, the hotel presents The Grand Chamber, a pillarless 520 square metre ballroom equipped with three LED screens, accommodating up to 300 guests. Six additional meeting rooms and a VIP waiting room make the hotel an ideal venue for weddings, conferences, and corporate gatherings.
“The opening of Novotel Johor Bahru City Centre reflects our continued commitment to growing Accor’s presence across Asia,” said Garth Simmons, Chief Operating Officer, Premium, Midscale & Economy Division, Accor Asia.“Johor Bahru is a dynamic gateway city, and this hotel embodies the balance of comfort and modernity that Novotel is known for. We are proud to introduce a property that elevates the city’s hospitality offering and supports Malaysia’s wider tourism growth.”
“We are thrilled to open Novotel Johor Bahru City Centre as a vibrant new destination for travellers and the local community,” said Brendan Chong, General Manager. “Our goal is to create meaningful stays where business meets comfort in the heart of Johor Bahru.”
The hotel’s debut beautifully complements the excitement surrounding Visit Malaysia 2026 and Visit Johor 2026, inviting travellers to discover Johor Bahru through the lens of comfort, culture, and contemporary hospitality.
As part of Novotel’s long-term commitment to ocean longevity, the hotel reflects the brand’s belief that human wellbeing and planetary wellbeing go hand in hand. In 2024, Novotel launched a Positive Impact Plan, grounded in UN ocean-related actions, to reduce plastic, water, and carbon impacts; and promote sustainable food choices through plant-forward menus. At Novotel Johor Bahru City Centre, this commitment comes to life with filteredwater taps in every room, providing unlimited purified drinking water while eliminating single-use plastic bottles and contributing to healthier oceans.
To celebrate the opening, guests can enjoy an Exclusive Opening Offer starting from MYR 345++ per night , valid for stays from today until 6 March 2026.
Members of ALL Accor, the all-in-one booking platform and award-winning loyalty program can enjoy exclusive benefits and earn reward points during their stay at Novotel Johor Bahru City Centre. Points can be redeemed for future stays, dining, and unique experiences across Accor’s global network. Enrolment is free at all.com.
The issuer is solely responsible for the content of this announcement.
About Novotel
Novotel Hotels, Suites & Resorts offers high-quality hotels designed as comforting and energising places where guests can achieve balance in their busy lives, whether they are traveling for work, leisure or a blend of both. The brand’s wide array of hotels, suites and resorts offer a multitude of services, including spacious, modular rooms with natural and intuitive design; relaxed restaurants with nutritious choices; flexible workspaces; attentive and proactive staff; family zones for the youngest guests; multi-purpose lobbies; and accessible fitness centres. Novotel, which has over 600 locations in more than 60 countries is part of Accor, a world leading hospitality group counting over 5,700 properties throughout more than 110 countries, and a participating brand in ALL Accor, a booking platform and loyalty program providing access to a wide variety of rewards, services and experiences.
Matein Khalid I was sure the Medline IPO would be a winner since I have tracked this business since it was acquired in a $30 billion leveraged buyout by Blackstone, Carlyle and the San Fran private equity house Hellman & Friedman after the bankers priced the deal at 29, I even wrote a post several hours before the New York open, reiterating that the largest private equity […]
HONG KONG SAR – Media OutReach Newswire – 18 December 2025 – IX Asia Indexes today announced the 2nd Half 2025 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens (ABTs) in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; and for ABTs: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch. The results are as follows:
DAICS® coin coverage: As of 3rd December, the top 50 coins by average market capitalization across the past 90 days
DAICS®market capitalization coverage: 96.98%*
The % coverage of market capitalization of the 50th ranked coin: 0.048%**
Member changes within the Top 50 Coins in DAICS®: eight coins added and nine coins deleted
Additions: Zcash (ZEC), World Liberty Financial USD (WUSD), PayPalUSD (PYUSD), Memecore (M), Worldcoin (WLD), Story (IP), Arbitrum (ARB), KuCoin (KCS)
Deletions: Mantra (OM), GateToken (GT), Official Trump (TRUMP), VeChain (VET), Render (RENDER), First Digital USD (FDUSD), Filecoin (FIL), Cosmos (ATOM), Algorand (ALGO)
9 Green Coins labelled: Cronos (CRO), Pi (PI), Internet Computer (ICP), Hedera, Sui (SUI), Toncoin (TON), Arbitrum (ARB), Mantle (MNT), Tron (TRX)
Note: *Special currency treatment of DAICS®applies, where any wrapped or second-level cryptocurrency is not considered in the calculation for the market capitalization of DAICS® **Based on 3rd December 2025 G: Green Coin
The rankings of additions and deletions for the DAICS® top 50 cryptocurrencies are listed in Appendix 1. All classification changes, including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index, will take effect on 23rd January 2026, with market capitalization, rankings, and weightings available at www.ix-index.com.
1. Cryptocurrencies
1.1. Structure and Definitions
Tier 1: Industry Changes The industry groups remain unchanged, with 5 industries and the respective weightings as follows:
Industry
Weighting (%)
Payment (110)
73.87%
Infrastructure (120)
19.89%
Financial Services (130)
4.82%
Tech & Data (140)
0.22%
Media & Entertainment (150)
1.20%
Tier 2: Sector Changes The number of sectors has increased from 17 to 18. There is one new sector added under the industry group “Tech & Data (140)”:
Identification (14040) Definition: Cryptocurrencies that facilitate decentralized identity authentication and/or blockchain-based validation of digital intellectual property rights. The classification emphasizes trust, data consent, and privacy as core architectural features while the crypto by itself is not an identity token.
1.2. Reclassification Changes This review doesn’t have any reclassification of the existing coins. The DAICS® 2H 2025 cryptocurrencies classification is available in Appendix 2.
1.3. Green Coin Label This review identifies 9 Green Coins, classified based on their energy-per-unit-transaction, which is defined as the amount of energy consumed for a successful single unit transaction of the coin in the blockchain network. The coins selected rank in the top 20 percentile of the least energy-consuming cryptocurrencies out of the 50 DAICS® constituents. The top 20 percentile’s threshold in this review is ≤ 0.150 Wh. The table below lists these low-energy coins.
Industry
Low Energy-per-transaction (≤ 0.150 Wh)
Payment (110)
CROG PIG
Infrastructure (120)
ICPG SUIG ARBG TRXG
HBARG TONG MNTG
Financial Services (130)
NIL
Tech & Data (140)
NIL
Media & Entertainment (150)
NIL
Note:G as ‘Green Coin‘ labelling for cryptocurrencies that adhere to the principles of sustainability
2. Asset Backed Tokens (ABT) 2.1. Structure and Definitions
Tier 1: Asset Type Changes The asset types remain unchanged at 6 as follows: 1) Culture (205), 2) Real Estate (215), 3) Financials (235), 4) Entertainment (255), 5) Natural Resources (265), and 6) Green Economy (275)
Tier 2: Branch Changes The number of branches has increased from 31 to 32, with a new branch added under Financials (235): Tokenized funds (23540).
2.2. Classification Changes This review doesn’t have any reclassification of the existing assets.
2.3. Coverage of DAICS® A classification summary and definition table of both cryptocurrencies and ABTsare available in Appendices 3 and 4. For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html.
For more details on DAICS® qualification criteria, please email daics@ixindex.com.
Appendix 1
Additions and Deletions in DAICS® Top 50 Cryptocurrencies
Additions
Current Rank
Cryptocurrencies
28
Zcash (ZEC)
31
World Liberty Financial USD (WUSD)
41
PayPal USD (PYUSD)
45
MemeCore (M)
46
Worldcoin (WLD)
49
Story (IP)
50
Arbitrum (ARBG)
51
KuCoin (KCS)
Deletions
Prev. Rank
Cryptocurrencies
Current Rank
34
Mantra (OM)
300+
41
GateToken (GT)
67
43
OFFICIAL TRUMP
56
45
VeChain (VET)
55
46
Render (RNDR)
58
47
First Digital USD (FDUSDG)
71
48
Filecoin (FIL)
61
50
Cosmos (ATOM)
54
51
Algorand (ALGO)
52
G: Green Coin
Appendix 2
Classification of the Top 50 Coins by Industry and Sector
Category
Industry
Sector
Cryptocurrencies
Cryptocurrencies (1)
Payment:
Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.
Transaction & Payment
BTC XRP BCH XLM LTC
XMR CROG ZEC PIG KAS
Stablecoin
USDT USDC USDe
DAI WUSD PYUSD
Infrastructure:
Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc
Application Development Protocol & Smart Contract
ETH SOL TRXG ADA HYPE SUIG AVAX
HBARG TONG NEAR ETC APT ICPG
Interoperability
LINK DOT
ATOM
Scaling & Sharding
MNTG ARBG
POL
Supporting System
NIL
Financial services:
Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services
Exchange Tokens
BNB LEO BGB
UNI OKB KCS
Lending & Borrowing
AAVE
Staking
ENA
Financial Asset Tokenization
ONDO
Tech & Data:
Provision of data management and storage, and development of innovative crypto technology
Storage & Sharing
NIL
Data Management
NIL
Artificial Intelligence
TAO
Identification (NEW)
WLD
IP
Media & Entertainment:
Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles
Social Media & Community
DOGE SHIB
PEPE M
Streaming
NIL
Gaming
NIL
Metaverse
NIL
Note: G as ‘Green Coin‘ for cryptocurrencies that adhere to the principles of sustainability NEW for newly added sector
Appendix 3
DAICS® Industry and Sector Definition
Category
Industry
Sector
Sector definition
Cryptocurrencies (1)
Payment: (110)
Definition Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.
Transaction & Payment (11010)
Cryptocurrencies that are used for store of value, unit of account, medium of exchange
Stablecoin (11020)
Cryptocurrencies where price is pegged to a / a basket of, reference asset
Infrastructure: (120)
Definition Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc.
Application Development Protocol & Smart Contract (12010)
layer-1 blockchain network that facilitates DApp creation and smart contract execution and smart contract
Interoperability (12020)
Network that increases inter-connectivity and integration of the fragmented cryptocurrency ecosystem
Scaling & Sharding (12030)
Networks that increase the ability to cope with the influx of many transactions at a time and blockchain network that can be split into smaller partitions, to improve scalability and process transactions quicker
Supporting System (12040)
Networks/sidechains that improve functionality of layer-1 network
Financial services: (130)
Definition Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending, and other capital markets related services
Exchange Tokens (13010)
Cryptocurrencies that represent the stable coin in the exchange ecosystem and allow users to covert from digital asset on decentralised or centralised system int fiat currencies
Lending & Borrowing (13020)
Borrowing and lending crypto assets with interest in return and other secondary financial tools derived from primary underlying asset, such as crypto futures and options
Staking (13030)
Holding and “staking” of certain amount of cryptocurrency in a wallet to facilitate network operations
Financial Asset Tokenization (13040)
Cryptocurrencies/protocols that focus on the tokenized issuance and management of financial assets
Tech & Data: (140)
Definition Provision of data management and storage, and development of innovative crypto technology
Storage & Sharing (14010)
Crypto protocols that provide decentralized storage and/or sharing of data filing and resources.
Data Management (14020)
Networks/Protocols that facilitate the indexing and querying of data from blockchain(s), enabling efficient data retrieval and management for decentralized applications
Artificial Intelligence (14030)
Cryptos/Protocols that facilitate the use of AI powered apps or projects directly using blockchain platform.
Identification (14040) (NEW)
Cryptocurrencies that facilitate decentralized identity authentication and/or blockchain-based validation of digital intellectual property rights. The classification emphasizes trust, data consent, and privacy as core architectural features while the crypto by itself is not an identity token.
Media & Entertainment: (150)
Definition Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles
Social Media & Community (15010)
Cryptos that provides mast social community and followers without a close secondary industry sector
Streaming (15020)
Cryptos that provides rights to access decentralised video-streaming sites
Gaming (15030)
Cryptos which mainly used in gaming or gaming supporting industry
Metaverse (15040)
Cryptos that is commonly used in collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. This includes the use of VR and/or AR and/or 3D.
Note: NEW for newly added sector
Appendix 4
DAICS® Asset Type and Branch Definition
Category
Asset Type
Branch
Sub -branch
Asset-Backed Tokens (2)
Culture: (205)
Definition Real asset relating to sports, art, cultural drama, festive collectibles and design IPs etc.
Art (20510)
This shall be further developed in the future with more digital assets available in the market
Sports (20520)
Festive Collectibles (20530)
Design IPs (20540)
Drama and Play IPs (20550)
Real Estate:(215)
Definition Assets that mainly derived its valuation from property, real estate, and land
Commercial Property (21510)
Residential Property (21520)
Governmental Property (21530)
Residential and Commercial Land (21540)
Financials: (235)
Definition Real financial asset including listed company shareholdings on regulated centralised exchanges and private company shareholdings; debt instruments; property trusts and derivatives that settled on regulated exchange (CeFi and DeFi).
Definition Ownership of the IPs assets in the area of entertainment in real world such as concert, play, shows, circus, musicals, songs, movies, games, events and programs, and souvenir collectibles that is derived from the above areas.
Movies (25510)
This shall be further developed in the future with more digital assets available in the market
Songs (25520)
Concerts (25530)
Gaming (25540)
All Other Entertainment Events and Collectibles (25550)
Natural Resources: (265)
Definition Natural resources asset that derived directly from sea, sky, atmosphere and underground and can be classified as a commodity with standardisation such as precious metals, agricultural, energy and metals.
Precious Metals (26510)
Agricultural (26520)
Energy (26530)
Metals (26540)
Green Economy (275)
Definition Ownership of Projects Asset that falls under the definition of the UN 17SDG²s, with over 80% of the income or jobs provided on these 17 initiatives.
No Poverty & Zero Hunger (27510)
Following definition of the United Nations 17 sustainable development goals²
Good Health and Well-Being (27520)
Quality Education (27530)
Gender Equality (27540)
Clean Water and Sanitation/Affordable and Clean Energy (27550)
Decent Work and Economic Growth/ Industry, Innovation, and Infrastructure/ Partnerships for the Goals (27560)
Reduced inequalities/ Peace, Justice and Strong Institutions (27570)
Sustainable Cities and Communities/Responsible Consumption and Production (27580)
Climate Action (27590)
Life Below Water & Life on Land (27500)
Note: NEW for newly added branch
² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals
The issuer is solely responsible for the content of this announcement.
About DAICS®
DAICS® covers both cryptocurrencies and asset-backed tokens (“ABTs”), to be reviewed semi-annually at the end of June and December. On the cryptocurrency side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data, and 5) Media & Entertainment. These industries are further divided into sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into branches and sub-branches to be introduced in the future.
About the IX Asia Tokenization Advisory Committee and Working Group
The establishment of the IX Asia Tokenization Advisory Committee (“Advisory Committee”) is to pursue the goal and vision of formulating a standard for a global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guidelines and references for tokenization in terms of infrastructure, business, financial stability, sustainability, internal control, and classification. The Advisory Committee is comprised of industry-recognised leaders from blockchain consultancy, sustainable projects, and the field of the Art industry.
The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects.
Apple is evaluating the assembly and packaging of iPhone chips in India as part of a broader effort to rebalance its global supply chain, with CG Semi emerging as a potential partner, according to people familiar with the matter and public disclosures by companies involved in India’s semiconductor push. The move would mark a deeper localisation step beyond final device assembly and signal confidence in India’s ability to host advanced backend semiconductor operations.
The discussions centre on outsourced semiconductor assembly and test, a critical stage that follows wafer fabrication and precedes integration into devices. Apple’s A-series and M-series chips are designed in California and fabricated by Taiwan Semiconductor Manufacturing Company. Packaging and testing have largely been concentrated in East Asia, with China playing a central role through specialised facilities. Shifting part of this work to India would reduce geographic concentration risk while aligning with policy incentives offered by New Delhi to attract high-value electronics manufacturing.
CG Semi, the semiconductor arm of CG Power and Industrial Solutions, has been positioning itself as a contender in this space through a joint venture with Japan’s Renesas Electronics and Thailand’s Stars Microelectronics. The consortium has outlined plans for an OSAT facility in Gujarat, supported by central and state incentives under the Semiconductor Mission. While timelines and customer commitments have not been formally disclosed, the venture has been presented by partners as targeting advanced packaging for automotive and consumer electronics chips, an overlap that fits Apple’s requirements.
People tracking the talks caution that Apple’s evaluation remains exploratory. The company typically subjects suppliers to multi-year qualification processes covering yield, reliability, intellectual-property safeguards and environmental standards. Any decision would depend on CG Semi’s ability to meet Apple’s exacting specifications at scale and to integrate with the existing manufacturing ecosystem that includes contract assemblers such as Foxconn and Tata Group entities already producing iPhones in India.
India’s pitch rests on a combination of incentives and momentum. Production-linked incentive schemes have helped lift smartphone assembly volumes, with Apple accounting for a growing share of exports. The government has since widened support to semiconductors, offering capital subsidies, infrastructure backing and fast-tracked approvals. Backend operations are viewed as a pragmatic entry point, requiring lower capital expenditure and shorter build times than wafer fabs, while still delivering skilled jobs and technology transfer.
Industry analysts say Apple’s interest reflects a global trend among chip designers to diversify OSAT footprints amid geopolitical tensions and supply disruptions. Packaging has become more complex as chips move to advanced nodes and heterogeneous integration, raising the strategic value of reliable partners. “Advanced packaging is no longer a commodity step; it’s a differentiator,” said one semiconductor consultant who advises multinational clients on Asia manufacturing strategies. “Design houses want redundancy without sacrificing quality.”
For CG Semi, an Apple engagement would be transformative. CG Power, part of the Murugappa Group, has roots in electrical equipment rather than semiconductors. Its partnership with Renesas brings process know-how and credibility, while Stars Microelectronics contributes OSAT experience from Thailand. Securing a marquee customer would accelerate learning curves and help anchor a local supplier network for substrates, testing equipment and specialised chemicals.
There are constraints. India’s semiconductor ecosystem remains nascent, with gaps in materials, talent depth and logistics that could challenge tight production schedules. Power reliability, water availability and customs efficiency are under scrutiny by global manufacturers. Apple has previously paused or redirected supplier plans when execution risks appeared elevated, underscoring the need for consistent policy implementation at the state level.
Apple has not commented publicly on specific supplier discussions. CG Power has also refrained from naming potential customers, reiterating in filings that its semiconductor venture is at a development stage. Officials involved in the Semiconductor Mission have said backend projects are progressing and that customer announcements will follow commissioning milestones.
HONG KONG SAR – Media OutReach Newswire – 17 December 2025 – The 2025 Hong Kong & Shenzhen Bi-City Biennale of Urbanism Architecture (Hong Kong) (UABBHK 2025) is officially open to the public at two key venues: the Oil Street Art Space (Oi!) in North Point and the East Kowloon Cultural Centre (EKCC) in Kowloon Bay. Organised by The Hong Kong Institute of Architects Biennale Foundation, and co-organised by The Hong Kong Institute of Architects, The Hong Kong Institute of Planners, and the Hong Kong Designers Association, UABBHK 2025 is fully supported by the Cultural and Creative Industries Development Agency (CCIDA) as the Lead Sponsor. Running until 24 January 2026, this citywide exhibition invites the public to explore how artificial intelligence (AI) is transforming architecture from a static practice into a civic performance.
This year’s theme — TECHFORMANCE: Technology, Platform and Performance— responds to global concerns about the impact of AI on authorship, ethics, and creativity in built environment practices through 25 exhibits from Hong Kong and overseas exhibitors. Rather than presenting AI as a threat, the Biennale reframes it as a platform for civic imagination, public experimentation, and participatory design.
“Through UABBHK 2025, we aim to reclaim architecture as a human-centred discipline — one that celebrates creativity, ethics, and civic responsibility in the age of AI,” said Ar. Allen POON, Chairman of The Hong Kong Institute of Architects Biennale Foundation.
Two Venues, Two Curatorial Focuses
At Oi!, the exhibition explores Co-Creation andUrban Narratives with the Community. Visitors are invited to engage directly with interactive installations that respond to sound, movement, memory, and language. The design of the exhibition reflects the venue’s warehouse heritage, featuring arched aluminium structures that create vaulted spaces for community interaction and storytelling.
At EKCC, the exhibition shifts the focus to ExperimentalAI-driven Urban Futures. A series of modular lab tables serve as platforms for collaborative experimentation, integrating technology and design in a hands-on setting. Both venues at Oi! and EKCC are further unified by a coherent spatial language using aluminium extrusion bent into arcs — a material choice that balances cost-efficiency, elegance, and reusability.
“We see each venue not just as a display, but as a stage for civic performance,” said Dr. Jimmy HO and Ar. Aron TSANG, Lead Curators of UABBHK 2025. “By tailoring the design of each site to its specific context, we invite the public to co-create the urban futures they want to see.”
Exhibits from UABBHK 2025 will also be showcased at the coming Shenzhen & Hong Kong Bi-City Biennale of UrbanismArchitecture (Shenzhen) (UABBSZ), which will open by late December 2025 at the Hetao Science and Technology Innovation Centre in Shenzhen. The exhibition will feature a portal-inspired installation symbolising the collaboration between Hong Kong and Shenzhen, further reinforcing the Biennale’s cross-border dialogue and spatial continuity.
For more information, please visit UABBHK 2025’s website: https://uabb2025.hkia.org.hk/en. For detailed exhibitor list and installation descriptions, please refer to the appendix.
The issuer is solely responsible for the content of this announcement.
About The Hong Kong Institute of Architects Biennale Foundation
The Hong Kong Institute of Architects Biennale Foundation is a non-profit making organisation established and incorporated in 2014 for charitable purposes. The objects for which the Biennale Foundation is established are:
To promote creativity and advance the understanding, appreciation and interest of architectural and design excellence
To encourage cross-border and cross-disciplinary dialogue and collaboration among creative professionals from Hong Kong, other parts of the Greater China region and overseas
To support art, design, architectural and cultural education for students and youth, the community, and policy makers
To create a favourable environment for study, research and experimentation of design, art and architectural works in an exhibition scale
To energise and revitalise specific sites of interests by introduction of cultural and creative events
About the Cultural and Creative Industries Development Agency
The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.
2025 Hong Kong & Shenzhen Bi-City Biennale of UrbanismArchitecture (Hong Kong)’s Disclaimer: The Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.
Dedicated to Empowering Local Startups and Fostering Hong Kong’s I&T Ecosystem
HONG KONG SAR – Media OutReach Newswire – 17 December 2025 – SUNeVision Holdings Ltd. (“SUNeVision”, SEHK: 1686), the largest data centre provider in Hong Kong and the technology arm of Sun Hung Kai Properties Limited (“SHKP”), announced the launch of the third chapter of its Startup Programme. SUNeVision is strengthening its efforts to empower startups by providing robust digital infrastructure and collaborating with leading technology partners to create a broader platform for emerging innovators. This initiative underscores the company’s steadfast commitment to advancing Hong Kong’s innovation and technology landscape.
The SUNeVision Startup Programme aims to offer technological resources and mentorship support to help startups grow and scale at every stage of development, while unlocking the potential of AI and enhancing their market edge. The new cohort is now accepting applications from high-calibre startups specialising in key sectors, including Artificial Intelligence (AI), BioTech, FinTech, GreenTech, HealthTech, Smart City, and other emerging technologies. The programme is open for applications until 10 February 2026 and will support 10 candidates in each cohort.
Shortlisted companies will receive SUNeVision Credits valued at up to HK$160,000, redeemable for support services offered by SUNeVision and the programme partners. The initiative equips startups with a solid digital foundation to deploy and scale AI‑driven applications within SUNeVision’s hyperscale data centre facilities. Participants will also gain access to a vibrant ecosystem of more than 300 technology and business partners, service providers, and key stakeholders. The programme further supports startups in strengthening their presence in the Greater Bay Area and driving expansion across Asia-Pacific region. An array of tailored support, tools, and mentorship will be provided by the programme partners, covering:
Angelflow: Syndicate technology infrastructure
Dataplugs: Internet and managed hosting
Finda Cloud: Value-added cloud service and SaaS
Nexusguard: DDoS protection and cybersecurity
SUNeVision: Data centre colocation and hosting
Sustainable SmartTech Ventures: AI-powered smart building management technologies
the Hive.: Co-working space
Votee AI: Authentic Cantonese translation
WeExpand: Agentic AI services for sales and marketing automation
The Startup Programme has cultivated standout innovators from last year’s cohort, including DeepTranslate and Sustainable SmartTech Ventures (SSV), both recognised for their groundbreaking solutions. DeepTranslate, which combines AI translation with human expertise to deliver financial translation, leveraged SUNeVision’s low-latency network to achieve near-perfect accuracy and faster turnaround times for its customers. SSV, a specialist in intelligent building management technology, deployed its AI applications at SUNeVision’ data centre, enhancing its AI models to produce high-capacity rendering. This advancement has enabled SSV to attract new enterprise customers across the construction sector.
Helen Lo, Executive Director & Director, Commercial at SUNeVision, said, “We are delighted to launch the Startup Programme for its third edition, driven by our mission to nurture high-potential and homegrown startups. We aim to create an all-encompassing platform that empowers visionary innovators to thrive, providing the advanced infrastructure and supportive ecosystem they need to transform bold ideas into real-world impact. We remain committed to accelerating innovation and injecting vitality into Hong Kong’s technology ecosystem.”
To learn more about SUNeVision Startup Programme, please visit our website.
Hashtag: #SUNeVision
The issuer is solely responsible for the content of this announcement.
About SUNeVision
SUNeVision (SEHK: 1686), the technology arm of Sun Hung Kai Properties (SEHK: 0016), is the largest data centre provider in Hong Kong. We provide industry-leading carrier and cloud-neutral data centre services with Asia’s number one connectivity. We connect providers of telecommunications, cloud, ISP, CDN, OTT from local, mainland China and global with enterprises of different businesses on our Asia leading data centre ecosystem.
SUNeVision forms MEGA Campus by extending the connectivity edge from highly connected MEGA-i to other high-tier data centres, including MEGA Gateway, MEGA IDC, MEGA Plus and MEGA Two. Facilities on MEGA Campus are interconnected through a dedicated dark fibre network and around 15,000 cross-connects. Together with City PoPs of major submarine cables in our facilities, we enable our customers for direct connections to multi-cloud platforms and multi-cloud exchanges with the best connectivity in town. The addition of cable landing stations HKIS-1 and HKIS-2 to our data centre portfolio will provide a one-stop-solution to cable owners and users, strengthening our position as the leading connectivity hub in Asia. We are committed to supporting Hong Kong as a regional information hub and a strategic gateway to mainland China.
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