SINGAPORE – Media OutReach Newswire – 24 December 2025 – Woodfibre LNG recently marked 2025 as a year of significant progress across construction, environmental protection and community partnerships, as the project moved deeper into its development phase toward delivering responsibly produced Canadian liquefied natural gas to global markets.
Over the past year, the project advanced from planning into visible, on-the-ground execution. Major construction milestones included the pouring of foundations for key modules, continued progress on marine piling, and further implementation of modular construction techniques designed to reduce on-site footprint while accelerating delivery timelines.
These advancements were achieved through close collaboration with project partners, suppliers and contractors, and in partnership with the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation).
In 2025, Woodfibre LNG, a member of the RGE group of companies founded by Sukanto Tanoto, continued to operate its floatel workforce accommodation solution, designed to minimise pressure on local housing and community services. As of November, two floatels were in active operation, providing high-quality, safe and comfortable living conditions for the project workforce while supporting construction efficiency.
Environmental protection remained a central focus throughout the year. The project’s Marine Mammal Monitoring Programme, which includes hydroacoustic monitoring, exclusion zones and shore-based observation posts, delivered measurable outcomes by enabling real-time operational decisions, including pauses to marine activities when marine mammals entered exclusion areas.
In parallel, remediation of legacy materials from the former pulp mill site continued, with hundreds of thousands of tonnes of historical waste removed. These efforts have contributed to improving site conditions for both local communities and marine and terrestrial ecosystems in Howe Sound.
Woodfibre LNG’s Operator Training Programme, delivered in partnership with the Squamish Nation Training and Trades Centre and the British Columbia Institute of Technology (BCIT), progressed throughout the year. The programme’s first cohort of graduates transitioned into full-time roles, supporting the development of long-term, skilled local employment opportunities linked to the project.
Through its Community Partnership Programme (CPP), Woodfibre LNG continued to invest in local communities across the Sea-to-Sky corridor. In 2025, the programme surpassed $1 million in total grants since its inception, supporting initiatives in sports, healthcare, emergency services, arts and culture, and youth development.
Luke Schauerte, CEO of Woodfibre LNG, said, “2025 has been a year of significant progress for Woodfibre LNG. We are proud of what our team and partners have accomplished together and look forward to building on this momentum in the year ahead.”
With more than half of the project’s development now complete, Woodfibre LNG remains focused on advancing construction safely and responsibly, while maintaining strong partnerships with Indigenous communities, local stakeholders and regulators.
As the project looks ahead to 2026, Woodfibre LNG continues its work toward delivering lower-carbon, responsibly produced Canadian energy to international markets.
The issuer is solely responsible for the content of this announcement.
About Woodfibre LNG
The Woodfibre LNG Project is owned by Woodfibre LNG Limited Partnership, owned 70 per cent by Pacific Energy Corporation (Canada) Limited and 30 per cent by Enbridge Inc. The Woodfibre LNG facility is being built on the site of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of Squamish, B.C. Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in Northeastern British Columbia. Pacific Canbriam is an industry leader in sustainable natural gas production. Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited. Woodfibre LNG is the first industrial project in Canada to recognise a non-treaty Indigenous government, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation), as a full environmental regulator.
Arabian Post Staff -Dubai Abu Dhabi-based Modon Holding PSC has entered the United States residential property market through a new joint venture to build a 54-storey tower on the Hudson waterfront, marking a strategic push by the developer to diversify earnings and deepen exposure to mature, dollar-denominated real estate markets. The company said it has partnered with US developer Related Companies and Jersey City firm Panepinto […]
Matein Khalid The Indian equity markets have experienced one of Asia’s most frenetic IPO bonanzas in 2024-25 even if no less than 50% of all new flotations are now trading below their offer price. Despite the decline of the Indian rupee’s new low against the dollar beyond 91 and Dalal Street’s underperformance relative to my fave emerging markets Argentina, Poland and Brazil in 2025, the macro omens […]
By Nitya Chakraborty The political developments in Bangladesh including violence against any one opposing the fundamentalists are having dangerous consequences for India involving the security and geopolitical stability in the sub continent. According to this writer who has been following the churnings in the newly liberated nation since 1971, the outlook for India in terms […]
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.
Sony has agreed to acquire an 80 per cent stake in Peanuts Holdings for $457 million, securing control of one of the world’s most recognisable entertainment brands and deepening its push into character-driven film, television, music and consumer products. The transaction sees Sony buy out the stake held by Canada-based WildBrain, while the family of Peanuts creator Charles M Schulz retains the remaining 20 per cent.
The deal hands Sony majority ownership of the Peanuts intellectual property, which includes Charlie Brown, Snoopy and the wider cast that has defined the franchise since its debut in newspapers in 1950. Peanuts Holdings oversees global licensing, publishing and brand management, and its assets include more than 17,000 comic strips as well as extensive animation and merchandising rights.
Executives involved in the transaction said the agreement reflects a shared focus on preserving the spirit of the characters while positioning the brand for new audiences across platforms. Sony has built a broad entertainment ecosystem spanning film studios, music labels, games and consumer electronics, giving it multiple avenues to deploy the Peanuts characters without fragmenting creative control.
Sony deepens its grip on Peanuts
Sony’s leadership described the acquisition as a strategic step rather than a short-term content play. The company already distributes Peanuts animation through Sony Pictures Television and has worked closely with the Schulz family for years on brand stewardship. By consolidating ownership, Sony gains the ability to align long-term creative planning with distribution and merchandising strategies.
The Peanuts franchise continues to generate significant revenue through licensing deals covering toys, apparel, publishing and themed experiences. Industry analysts estimate that global character merchandising remains one of the most resilient segments of the entertainment economy, supported by multigenerational appeal and predictable demand. Peanuts, with its minimalist humour and emotional resonance, is often cited as one of the few properties that can cross age groups and cultures with limited localisation.
WildBrain’s exit reflects a strategic refocus on its own core animation and family content operations. The company had acquired its Peanuts stake through earlier transactions linked to rights management and production, and has since monetised the asset while maintaining creative partnerships. Executives at WildBrain said the sale strengthens its balance sheet and allows greater investment in owned brands and production pipelines.
For the Schulz family, retaining a 20 per cent stake preserves direct influence over creative decisions and brand values. Family representatives have repeatedly stressed the importance of protecting the philosophical tone of the strip, which blends humour with themes of loneliness, perseverance and childhood reflection. Their continued involvement is expected to reassure long-time fans wary of over-commercialisation.
Sony’s broader strategy has increasingly emphasised intellectual property with long shelf lives rather than single-release blockbusters. The company has expanded its catalogue through acquisitions and partnerships that allow stories and characters to move fluidly between cinema, streaming, music, games and live events. Peanuts fits that model, offering episodic storytelling, short-form content and strong visual branding.
The entertainment group also sees opportunities to integrate Peanuts more deeply into its music and gaming divisions. Snoopy and Charlie Brown have already appeared in music collaborations, seasonal broadcasts and digital content, and Sony’s ownership of major music labels and gaming platforms provides scope for cross-promotional projects without reliance on third-party licensing negotiations.
Market observers note that the valuation implies confidence in stable, long-term cash flows rather than explosive growth. Character-driven brands such as Peanuts tend to perform consistently across economic cycles, supported by evergreen demand for family-friendly content and nostalgia-driven consumption. This predictability contrasts with the volatility seen in theatrical box office revenues and subscription-based streaming models.
The acquisition also comes as global media companies reassess how to manage legacy brands in an era dominated by short-form video and algorithm-driven discovery. Sony has indicated it will invest in formats that respect the franchise’s roots while experimenting with new distribution channels, including digital shorts and educational programming.
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 […]
By Dr. Gyan Pathak Two decades old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) 2005 is finally replaced by Viksit Bharat – Guarantee For Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill 2025 on the last day of the Winter Session of the Parliament on December 19. Lok Sabha passed the Bill in […]
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 […]
Canada faces another period of economic uncertainty as the U. S. Supreme Court weighs a case that could reshape the legal foundations of tariffs imposed during Donald Trump’s presidency, reviving questions about the stability of cross-border trade rules and the exposure of Canadian industries to abrupt policy shifts. The pending decision centres on the scope of presidential authority to levy tariffs under long-standing U. S. trade statutes, […]
HONG KONG SAR – Media OutReach Newswire – 18 December 2025 – Another international law-related organisation has unveiled plans to set up a regional base in the Hong Kong Special Administrative Region (HKSAR).
The General Assembly of the Italy-based International Institute for the Unification of Private Law (UNIDROIT) decided (December 11) on the establishment of its UNIDROIT Asia-Pacific Liaison Office (the Office) in the HKSAR, further strengthening the city’s positioning as a centre for international legal and dispute resolution services.
It will be UNIDROIT’s first regional presence outside Rome in the 100-year history of the independent intergovernmental organisation, which works to modernise and harmonise private international law, especially commercial law.
The International Institute for the Unification of Private Law will establish its Asia-Pacific Liaison Office in Hong Kong
China has been a member of UNIDROIT since 1986, while the HKSAR has participated in the work of UNIDROIT as part of the Chinese delegation.
The Office is expected to open at the Hong Kong Legal Hub in the second half of 2026, coinciding with UNIDROIT’s centenary celebrations next year. Its presence in Hong Kong could also contribute to facilitating coordination and creating synergies among the “three sisters of private international law”, namely UNIDROIT, the Hague Conference on Private International Law (HCCH) and United Nations Commission on International Trade Law (UNCITRAL).
The Legal Hub, located in the city’s central business district, already houses a number of international law-related organisations and institutions, including HCCH Regional Office for Asia and the Pacific (ROAP) and the DoJ (Department of Justice) Project Office for Collaboration with UNCITRAL.
In recent years, the DoJ has been collaborating very closely with UNIDROIT, including co-organising biennial Asia-Pacific International Private Law Summit in the HKSAR since 2022 and joint seminars in Rome in 2023 and 2025. Legal professionals in both the private and public sectors from the HKSAR are seconded to the secretariat of UNIDROIT annually, pursuant to the Memoranda of Understanding signed between DoJ and UNIDROIT in 2021 and 2022.
The ROAP of HCCH was set up in the HKSAR in 2012. Since its establishment, ROAP has played a significant role in increasing awareness and understanding of the importance of the HCCH and its instruments among states and stakeholders, as well as contributing to the smooth implementation and operation of the HCCH’s instruments in the Asia-Pacific region.
A new collaborative landmark was achieved earlier this month (December 3) with the staging of the Symposium of the HCCH Regional Office for Asia and the Pacific on Private International Law. The symposium was co-organised by the HCCH and the Hong Kong International Legal Talents Training Academy of the DoJ, as part of the Hong Kong Legal Week 2025. It marked the first time that the DoJ has co-organised an event with the HCCH during Hong Kong Legal Week.
With the staunch support of the Central People’s Government, the HKSAR has been actively participating in the working groups, meetings and activities of the HCCH as part of the Chinese delegation since 1997. Through a standing arrangement with the HCCH, Hong Kong legal talent from both the private and public sectors have the opportunity to be seconded to the Permanent Bureau of the HCCH at the Hague, gaining valuable insights into the work of the HCCH in the field of private international law.
Earlier this year, the headquarters of the International Organization for Mediation (IOMed) officially opened in Hong Kong (October 20), further cementing the city’s prominent role as an international legal services hub.
The headquarters of the International Organization for Mediation officially opened in Hong Kong in October 2025
The IOMed is the world’s first intergovernmental international legal organisation dedicated to resolving international disputes through mediation, and providing an important mechanism for upholding the principles of the Charter of the United Nations.
It fills an institutional gap in international mediation and serves as an important public good in the field of the rule of law for better global governance.
The IOMed will provide a pathway for countries – regardless of culture, language and legal system – to resolve international disputes based on mutual respect and understanding.
Other international intergovernmental organisations such as the Bank for International Settlements, International Monetary Fund, the International Bank for Reconstruction and Development and the International Finance Corporation have set up offices in Hong Kong. Together with the soon-to-be-established office by the Asian Infrastructure Investment Bank, these establishments will further complement the city’s strategic position as a centre for international legal and dispute resolution services.
Abu Dhabi Future Energy Company, known as Masdar, has withdrawn from a consortium seeking to take ReNew Energy Global private, bringing the proposed buyout of the Nasdaq-listed renewable power producer to an abrupt end and sending a fresh signal about the challenges facing large-scale clean energy transactions. ReNew disclosed the development in a filing to the US Securities and Exchange Commission, confirming that the investor group will […]
Oman’s sovereign wealth fund arm ITHCA Group has entered a strategic investment partnership with Saudi Vision Venture Capital, marking a significant step in Muscat’s efforts to deepen the funding pool and regional reach available to start-ups based in the sultanate. The agreement is designed to give Omani founders structured access to the Saudi investment ecosystem, one of the largest and fastest-growing venture capital markets in the Middle […]
Greenlogue/AP Saudi Arabia’s ACWA Power has entered into a cooperation framework with the African Development Bank aimed at mobilising as much as $5 billion for sustainable energy and water projects across Africa, signalling an expansion of private capital participation in the continent’s infrastructure financing landscape. The agreement sets out a pathway to identify, develop and finance projects focused on electricity access, water security and low-carbon investment, with […]
Abu Dhabi-listed Two Point Zero Group has moved to full ownership of fintech platform Maseera, completing the acquisition of the remaining minority stake and consolidating its position in the fast-growing digital finance space. The transaction marks another step in the group’s strategy of scaling consumer-facing financial services across the Middle East and North Africa through tightly integrated platforms. Two Point Zero confirmed that its subsidiary, E Point […]
Dubai is preparing to expand its seasonal cultural calendar with a large-scale Ramadan Souq planned for 2026, an initiative expected to transform Souq Al Ras in Deira into a focal point for heritage retail, family entertainment and night-time tourism during the holy month. City officials and organisers say the project is designed to blend commerce, culture and community, reinforcing Deira’s position as a historic trading hub while […]
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.
Dubai International Financial Centre has taken a further step in positioning Dubai as a key node in the global digital economy by strengthening its privacy governance framework and widening its engagement in cross-border trade initiatives, underscored by its admission as a Member of the Global Forum Assembly. The move signals growing international recognition of the DIFC’s data protection regime and its ambition to shape global standards at a time when data flows, digital services and regulatory trust have become central to economic competitiveness.
The DIFC confirmed its membership of the Global Forum Assembly, a multilateral platform that brings together governments, regulators, international organisations and private-sector stakeholders to advance cooperation on privacy, data protection and digital trust. Membership is extended to jurisdictions that demonstrate mature, enforceable frameworks aligned with international norms, placing the DIFC alongside established financial and digital centres that have made privacy governance a core component of their economic strategy.
Officials at the DIFC said the step reflects the centre’s long-term investment in building a regulatory environment that balances innovation with strong safeguards for personal data. The DIFC’s Data Protection Law, which operates independently from federal frameworks, is designed to mirror global best practices, including principles found in European and other advanced privacy regimes, while remaining tailored to the needs of financial services, technology firms and multinational businesses operating across borders.
The timing is notable as digital trade accelerates across financial services, fintech, artificial intelligence, cloud computing and professional services. Businesses increasingly assess jurisdictions not only on tax efficiency or infrastructure but also on the credibility of their data governance. For Dubai, positioning the DIFC as a trusted hub for data-driven commerce supports broader economic diversification goals and aligns with national ambitions to expand digital exports and attract high-value investment.
Participation in the Global Forum Assembly gives the DIFC a seat in discussions shaping the future of cross-border data flows, adequacy frameworks and interoperability between privacy regimes. These debates have intensified as countries seek to protect citizens’ data while avoiding regulatory fragmentation that can raise costs and deter innovation. By contributing to policy dialogue, the DIFC aims to influence standards that enable data to move securely between markets without undermining individual rights.
Regulatory specialists note that the DIFC’s framework has evolved steadily, with enforcement powers, clear obligations for data controllers and processors, and mechanisms for redress. This institutional depth has been a key factor in gaining international credibility. Businesses operating in the centre are required to comply with detailed rules on consent, lawful processing, breach notification and cross-border transfers, creating a predictable environment for global firms managing complex data operations.
The emphasis on inclusive cross-border trade also reflects a shift in how digital economy hubs define competitiveness. Rather than focusing solely on domestic regulation, leading centres are investing in compatibility with other regimes to ensure that companies can scale across regions. The DIFC has positioned its privacy framework as an enabler of such compatibility, supporting firms that serve clients in multiple jurisdictions while maintaining high standards of protection.
Technology policy analysts point out that privacy governance is increasingly intertwined with trust in emerging technologies such as artificial intelligence. Robust data protection regimes are seen as foundational to responsible AI development, particularly in financial services where algorithmic decision-making relies heavily on personal and transactional data. By reinforcing its privacy credentials, the DIFC strengthens its appeal to AI-driven firms seeking a stable regulatory base.
The move also has implications for regional competition. Financial centres across the Middle East and beyond are racing to attract digital businesses, often through regulatory innovation. The DIFC’s membership of the Global Forum Assembly distinguishes it within this landscape, signalling alignment with international norms rather than regulatory isolation. This approach may resonate with multinational firms that prioritise consistency across markets.
For policymakers, the development illustrates how sub-national jurisdictions can play an outsized role in global digital governance. Although operating within a broader national framework, the DIFC’s independent legal system and regulator allow it to engage directly with international bodies and contribute expertise drawn from its experience overseeing a diverse ecosystem of banks, asset managers, fintechs and technology companies.
Conviction has entered the fast-growing digital wagering space with the launch of what it describes as the first prediction market platform designed specifically for the Native Asian market, positioning itself at the intersection of decentralised finance, artificial intelligence and cross-chain infrastructure. Built on ZetaChain, the platform aims to allow users to place and settle predictions across multiple blockchains without relying on wrapped assets or custodial bridges, a […]
Investors heading into 2026 face a familiar challenge: markets continue to evolve faster than habits do. Strong returns in recent years have rewarded certain behaviours and masked weaknesses in portfolio construction. The next phase, I believe, will favour discipline, balance, and clear decision-making. Rebuild diversification properly Diversification has been weakened by success. Long runs in US equities and large-cap technology have encouraged portfolios to drift into concentration, […]
The U. S. Senate has deferred action on a highly anticipated crypto market structure bill, with the Senate Banking Committee confirming that it will not hold a markup vote on the legislation this year and plans to resume deliberations in early 2026. The decision prolongs regulatory uncertainty for digital asset markets and leaves unresolved how federal authorities will oversee cryptocurrency trading platforms, brokers, issuers and decentralised finance […]
Abu Dhabi-based International Holding Company has increased its ownership in Invictus Investment Company to about 40 per cent after acquiring an additional 17.5 per cent stake in a transaction valued at roughly Dhs420m, signalling a deeper strategic alignment between one of the region’s largest conglomerates and a global commodities trading platform. The investment was executed through the purchase of about 196 million shares in a major block […]
Alphabet Inc is positioned to record a sizeable paper profit after a major insider share transaction at SpaceX valued the aerospace company at about $800 billion, a level that could significantly uplift the book value of Alphabet’s long-held stake in the Elon Musk-led venture. The valuation, anchored by a tender offer pricing shares at roughly $421 each, more than doubles earlier benchmarks and underscores the growing financial […]
China has imposed sanctions on a retired senior Japanese military officer, accusing him of colluding with what Beijing describes as separatist forces in Taiwan, a move that underscores sharpening tensions in East Asia and Beijing’s growing readiness to penalise foreign individuals it says undermine its sovereignty claims. The Chinese foreign ministry announced punitive measures against Katsutoshi Kawano, who served as Japan’s chief of joint staff until his […]
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By Nitya Chakraborty The political developments in Bangladesh including violence against any one opposing the fundamentalists are having dangerous consequences for India involving the security and geopolitical stability in the sub continent. According to this writer who has been following the churnings in the newly liberated nation since 1971, the outlook for India in terms […]
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