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Bitcoin miners are facing a widening gap between production costs and market prices, yet data shows a marked slowdown in selling activity, raising questions about strategy and resilience across the sector. Bitcoin has been trading near $68,000, while estimates of the average cost to mine a single coin have climbed towards $85,000 or higher for many operators. The divergence has been driven largely by a sharp rise […]

Korean artificial intelligence startup Upstage is in discussions to acquire around 10,000 advanced AI accelerators from Advanced Micro Devices as it seeks to scale domestic computing capacity and reduce reliance on overseas infrastructure, signalling an intensifying race to secure high-performance hardware in Asia’s AI sector.

The proposed deal centres on AMD’s latest data centre-grade accelerators, designed to rival dominant offerings in the global AI chip market. Upstage, known for its large language model development and enterprise AI services, is positioning the potential purchase as a step towards building sovereign computing capabilities within Korea, where demand for generative AI infrastructure is rising sharply across finance, manufacturing and public-sector applications.

People familiar with the discussions indicate that the scale of the planned acquisition reflects both immediate computational needs and longer-term ambitions to establish a domestic AI ecosystem capable of training and deploying advanced models without depending heavily on foreign cloud providers. The move aligns with broader efforts in several countries to localise AI infrastructure amid geopolitical concerns and supply chain constraints.

AMD has been expanding its footprint in AI hardware as companies seek alternatives to entrenched suppliers. Its latest accelerators, part of the MI300 series, are designed to handle large-scale model training and inference workloads with improved memory bandwidth and energy efficiency. Industry analysts view Upstage’s interest as a sign that AMD’s strategy of targeting hyperscalers and emerging AI players is gaining traction beyond North America.

Upstage has grown steadily since its founding, focusing on document processing, natural language understanding and enterprise automation. Its proprietary models have been deployed across industries including banking and legal services, where demand for domain-specific AI solutions continues to expand. Executives at the company have previously emphasised the need for greater control over computing resources, citing cost volatility and limited access to high-performance GPUs as barriers to scaling.

Securing a large volume of accelerators could enable Upstage to train more advanced models locally while offering competitive AI services to regional clients. It also positions the company to compete with larger global players that benefit from extensive infrastructure investments. Market observers note that access to compute power has become a defining factor in the AI race, with startups increasingly seeking direct hardware procurement rather than relying solely on cloud-based capacity.

The discussions come amid tightening supply conditions for AI chips, driven by surging demand from technology firms, research institutions and governments. Export controls and trade restrictions have further complicated access to advanced semiconductors, prompting countries in Asia and Europe to accelerate domestic capacity-building initiatives. Korea, home to major semiconductor manufacturers, has been exploring strategies to strengthen its position across the AI value chain.

Government-backed initiatives have aimed to support AI development through funding, talent programmes and infrastructure investments. The potential deal between Upstage and AMD reflects private-sector momentum complementing these policy efforts, as companies seek to capitalise on the growing importance of AI across economic sectors.

Competition in the AI hardware market has intensified as AMD, Intel and other players attempt to challenge established leaders. While Nvidia maintains a dominant position, particularly in training large language models, customers are increasingly evaluating alternative suppliers to diversify risk and manage costs. AMD’s recent partnerships with cloud providers and enterprise customers highlight a shift towards a more competitive landscape.

Analysts caution that large-scale procurement of accelerators involves significant logistical and operational challenges, including data centre readiness, energy consumption and integration with existing software frameworks. Upstage would need to invest in infrastructure and engineering capabilities to fully utilise the hardware, particularly if it aims to build a self-sufficient AI platform within Korea.

At the same time, the strategic implications extend beyond a single company. A successful deployment of large-scale compute resources by Upstage could encourage other regional players to pursue similar investments, contributing to a broader decentralisation of AI development. This trend could reshape how AI capabilities are distributed globally, reducing the concentration of computing power in a handful of technology hubs.

Two Indian-flagged liquefied petroleum gas carriers are navigating the Strait of Hormuz along a route close to Iran’s coastline, according to ship-tracking data, underscoring a cautious approach by operators as geopolitical tensions continue to shape shipping decisions in one of the world’s most critical energy corridors.

The vessels, loaded with LPG cargoes, are following a path similar to that taken by earlier ships that received clearance to transit the narrow waterway. Industry observers say hugging the Iranian side of the strait may reflect efforts to minimise exposure to potential risks amid heightened scrutiny of maritime movements in the region. The Strait of Hormuz, through which a significant share of global oil and gas exports passes, has long been vulnerable to disruption during periods of political friction.

Shipping analysts note that the altered routing strategy has become more visible as operators weigh safety considerations against the need to maintain steady energy flows. The decision to steer closer to Iran’s coast does not necessarily indicate a change in official navigation guidelines but highlights the adaptability of commercial shipping in response to perceived threats. Maritime insurers and charterers have been closely monitoring developments, with premiums and risk assessments adjusting in line with evolving conditions.

India’s reliance on imported LPG has grown steadily over the past decade, driven by expanding domestic consumption and government-backed programmes aimed at increasing access to cleaner cooking fuels. As a result, uninterrupted maritime supply chains are critical for meeting demand. The movement of Indian-flagged vessels through Hormuz carries added significance given the country’s position as a major energy importer and its exposure to volatility in global shipping lanes.

The route taken by these vessels follows earlier transits that were understood to have been cleared through established maritime coordination channels. While no formal restrictions have been imposed on passage through the strait, heightened alert levels in surrounding waters have prompted shipowners to adopt precautionary measures. These include adjustments to sailing speeds, increased onboard vigilance, and coordination with naval authorities in the region.

Tensions in West Asia have periodically raised concerns about the security of shipping through Hormuz. Episodes involving vessel seizures, drone activity, and naval manoeuvres have reinforced the strategic sensitivity of the waterway. Although large-scale disruptions have been avoided, even limited incidents can have ripple effects across global energy markets, influencing freight rates, insurance costs, and delivery schedules.

Market participants indicate that LPG shipments have remained largely uninterrupted, but logistical complexities have increased. Charter rates for gas carriers have shown signs of volatility, reflecting both demand dynamics and risk premiums associated with transiting high-risk zones. Traders and refiners are factoring in longer voyage times and potential delays when planning cargo movements.

Officials and industry executives emphasise that international maritime law guarantees freedom of navigation through straits used for international transit, including Hormuz. However, the practical execution of that principle often depends on the prevailing security environment. Naval patrols by regional and international forces continue to play a role in deterring threats and ensuring safe passage for commercial vessels.

Energy analysts point out that India sources LPG from multiple suppliers, including producers in West Asia and beyond, making the Hormuz route indispensable. Any sustained disruption could have implications for domestic supply chains, pricing, and inventory management. At the same time, diversification strategies, including alternative sourcing and storage capacity expansion, are being explored to mitigate potential risks.

The movement of the two LPG carriers also reflects broader trends in global shipping behaviour, where operators increasingly rely on real-time intelligence and data analytics to inform routing decisions. Advances in vessel tracking and communication technologies have enhanced situational awareness, enabling more responsive navigation strategies in sensitive regions.

Shipping companies have also strengthened coordination with flag states and port authorities to ensure compliance with safety advisories and regulatory requirements. Crew training and contingency planning have gained prominence, with a focus on preparedness for a range of scenarios, from mechanical issues to security incidents.

Arabian Post Staff -Dubai Operations at a major natural gas processing facility in Abu Dhabi have resumed following a disruption that forced a temporary halt to supplies critical for domestic energy needs, while much of the country’s liquefied natural gas output remains curtailed. The plant, regarded as one of the largest gas processing hubs in the United Arab Emirates, plays a central role in supplying fuel for […]

A new strain of the malware-as-a-service infostealer known as VoidStealer has introduced a technique that allows attackers to extract sensitive data from Google Chrome without relying on privilege escalation or code injection, marking a shift in how browser security defences are being bypassed. Security researchers tracking the campaign say the updated variant leverages a debugger-based method to defeat Chrome’s Application-Bound Encryption, a protection designed to secure stored […]

Arabian Post Staff -Dubai More than 20 countries, including the UAE, the UK, France and Japan, have issued a coordinated warning over mounting risks around the Strait of Hormuz, signalling growing concern that instability in one of the world’s most critical maritime corridors could disrupt energy flows and heighten geopolitical tensions. The joint statement, backed by a coalition spanning Europe, Asia and the Gulf, underscored the strategic […]

Arabian Post Staff -Dubai   Adnoc Gas said it is working closely with customers and partners on a case-by-case basis to honour contractual commitments, signalling a calibrated approach to managing supply obligations as market conditions remain volatile across global energy trade. The Abu Dhabi-listed company disclosed in a stock-exchange filing that it is “actively collaborating with customers and partners on a transaction-by-transaction basis” to fulfil commitments wherever […]

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SINGAPORE – Media OutReach Newswire – 23 March 2026 – As cyber threats intensify globally, the World Economic Forum (WEF) projects that the global economic impact of cyberattacks will surge from US$8.44 trillion in 2022 to US$23.84 trillion by 2027[1], exposing a widening gap between escalating risk and cyber readiness.

Small and medium-sized enterprises (SMEs), which form the backbone of most economies, are particularly vulnerable. The WEF’s 2024 Global Cybersecurity Outlook[2]highlights that limited access to cyber services, tools and skilled talent continues to hinder smaller organisations from achieving even baseline resilience, an increasingly urgent concern in today’s highly interconnected digital ecosystem. As a result, SMEs are often more exposed to common risks such as accidental data leaks and unpatched vulnerabilities in the software and open‑source components used to build modern digital applications.

To help address these challenges, three homegrown companies from Singapore, AgileMark, Scantist and StrongKeep are pioneering technologies that make cybersecurity more accessible and effective for businesses, including SMEs without dedicated security teams. Their solutions focus on strengthening data loss protection and mitigating risks from human behaviours like screen photography and unsafe network use, uncovering hidden vulnerabilities in software systems, and simplifying the adoption of essential security measures through easy-to-deploy platforms.

These companies are supported by the S$20 million CyberSG Talent, Innovation and Growth Collaboration Centre (TIG Centre), a joint initiative between the National University of Singapore (NUS) and the Cyber Security Agency of Singapore (CSA). The TIG Centre works closely with cybersecurity companies and start-ups to co-develop solutions that help organisations stay ahead of emerging threats while enabling the safe and confident adoption of new technologies.

“Many businesses today, especially SMEs, face escalating cyber risks but often lack the resources to protect themselves effectively. In Singapore, online scams and ransomware attacks continue to be key concerns. At the same time, advances in AI are transforming both cyber threats and cybersecurity and rapidly expanding the attack surface of enterprises. Through the CyberSG Talent, Innovation and Growth Collaboration Centre, we support innovators developing practical solutions to address these challenges, and bring Singapore’s most promising cybersecurity start-ups to the global stage at the RSAC 2026 Conference,” said Mr Willis Lim, Executive Director, TIG Centre.

AgileMark: Preventing data leaks caused by everyday human actions

Many data exposure incidents stem not from sophisticated cyberattacks, but from routine behaviours such as photographing screens, copying sensitive documents or working in unsecured environments.

AgileMark mitigates this risk by introducing visible, dynamic watermarks on corporate screens. These act as behavioural cues to deter unauthorised capture, reinforce employee awareness of data sensitivity, and enable traceability if leaks occur. Designed with a human-first approach, it addresses the reality many SMEs face: limited time, resources and expertise to manage complex tools. By focusing on user behaviour rather than adding new systems, it reduces risk without increasing operational burden. Today, AgileMark protects over 300,000 devices globally, reducing investigation time from weeks to hours and enabling faster response to potential data breaches.

Scantist: Finding security flaws in software before hackers do

As organisations accelerate software development, greater reliance on open-source components and third-party dependencies has increased exposure to supply chain risks and hard-to-detect vulnerabilities.

Scantist provides an AI-powered application security platform that helps organisations manage open-source, software supply chain and AI-related risks across the development lifecycle, from code to deployment. Complementing its defensive capabilities, Scantist also offers an autonomous, agentic penetration testing solution that simulates attacker behaviour, enabling more frequent testing and reducing assessment timelines from days to hours. For SMEs in particular, Scantist makes advanced security testing and risk management more accessible without requiring large in-house security teams, helping businesses strengthen resilience and keep pace with evolving threats in a cost-effective, scalable manner.

StrongKeep: Making cybersecurity simpler and more affordable for SMEs

Many SMEs face barriers to adopting cybersecurity tools due to cost, complexity and the need for specialised expertise.

StrongKeep addresses this challenge with an all-in-one cybersecurity platform tailored for SMEs. The platform integrates essential protections such as device security, website filtering, phishing awareness training and password management into a single, easy-to-use system. Organisations can deploy the platform and begin protecting their systems in under 60 minutes, even without dedicated cybersecurity staff. With subscriptions starting from S$39 per month, the solution enables SMEs to achieve comprehensive protection and compliance up to 10 times faster than traditional approaches.

Showcasing Singapore’s cybersecurity solutions at the RSAC Conference 2026

AgileMark, Scantist and StrongKeep are among eight TIG Centre-supported companies that will showcase their solutions at Singapore’s national pavilion at the RSAC 2026 Conference, held from 23 to 26 March 2026 at the Moscone Center in San Francisco, United States.

Organised by the TIG Centre and SGTech, the leading trade association for Singapore’s tech industry, the Singapore Pavilion underscores Singapore’s role as a cybersecurity innovation hub and a strategic gateway to Asia’s rapidly expanding digital economy.

Hashtag: #cybersecurity #singaporecybersme #CybersgTIG #nusenterprise #NUS


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

National University of Singapore (NUS)

The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established more than 20 NUS Overseas Colleges entrepreneurial hubs around the world.

Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, research centres of excellence, corporate labs and more than 30 university-level research institutes focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.

For more information on NUS, please visit .

NUS Enterprise

At NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), we advance the University as a global magnet for talent and an engine for impactful innovation. We seed ideas, spark innovation, and scale ventures through our distinctive 360° framework, integrating education, ecosystem support, and world-class venture building and investment.

This creates a self-reinforcing cycle powering both educational and entrepreneurial outcomes across industries and communities. Since 2001, NUS Enterprise has nurtured 10 unicorns, over 3,000 start-ups, and 4,300 students. Our ambition: to improve the lives of 1 billion people by 2035.

For more information on NUS Enterprise, please visit .

The CyberSG Talent, Innovation and Growth Collaboration Centre

The CyberSG Talent, Innovation and Growth Collaboration Centre, established by the Cyber Security Agency of Singapore (CSA) in partnership with the National University of Singapore (NUS), will play a key role in achieving a comprehensive approach to ecosystem development which consolidates and enhances CSA’s existing talent and innovation initiatives. The Centre will enable synergies between cybersecurity talent, innovation and growth industry, by serving as a national node to integrate and create relevant programmes for industry and talent development. It will help build a vibrant cybersecurity ecosystem by bring together industry, academia, individual and government stakeholders to leverage the opportunities posed by digitalisation.

Apple chief executive Tim Cook has publicly praised the company’s Chinese developers and manufacturing partners, signalling a measured response as regulatory scrutiny and geopolitical tensions weigh on one of its most critical markets.

Speaking during engagements in China, Cook highlighted the “extraordinary” role of local developers in Apple’s ecosystem and emphasised the company’s long-standing collaboration with suppliers and technology partners across the country. The remarks came at a time when Beijing has intensified oversight of foreign technology firms and promoted domestic alternatives, raising questions about the operating environment for global companies.

China remains central to Apple’s business, both as a manufacturing hub and as one of its largest consumer markets. A substantial share of the company’s iPhones, iPads and Mac computers are assembled through an intricate network of suppliers led by firms such as Foxconn and Pegatron. At the same time, the country contributes a significant portion of Apple’s revenue, with urban consumers forming a key segment for premium smartphone sales.

Cook’s comments appeared calibrated to reinforce Apple’s commitment to China while avoiding direct reference to the regulatory challenges. Officials in Beijing have tightened rules governing data security, app distribution and foreign technology usage within state-affiliated institutions. These measures have created uncertainty for international companies, particularly those reliant on digital services and hardware integration.

Apple has faced periodic restrictions affecting its ecosystem, including limitations on certain apps and services. Reports of curbs on iPhone use in government-linked workplaces have added to concerns about demand stability, although the company has not publicly confirmed the extent of such measures. Analysts note that even incremental policy shifts can have a disproportionate impact given Apple’s scale in the market.

Cook’s outreach to developers underscores another strategic priority. China hosts one of the largest communities of iOS app creators, contributing to the global App Store economy. By highlighting their role, Apple is reinforcing the narrative that its platform supports local innovation and entrepreneurship, a message aligned with Beijing’s broader push for technological self-reliance.

At the same time, Apple has been diversifying parts of its supply chain beyond China, expanding production in countries such as India and Vietnam. This shift reflects lessons drawn from pandemic-related disruptions and escalating trade tensions between Washington and Beijing. However, industry experts caution that replicating China’s manufacturing ecosystem elsewhere remains a complex and long-term undertaking, given its scale, skilled workforce and logistics infrastructure.

Market dynamics within China are also evolving rapidly. Domestic smartphone brands, including Huawei, Xiaomi and Oppo, have intensified competition, particularly in the high-end segment where Apple has traditionally maintained strong margins. Huawei’s resurgence, supported by advances in semiconductor capability despite earlier sanctions, has altered the competitive landscape and placed additional pressure on foreign players.

Cook’s remarks can be seen as part of a broader effort to sustain goodwill with Chinese authorities and stakeholders while navigating these shifts. Maintaining strong relationships with local partners is essential not only for production continuity but also for regulatory compliance and market access.

Investors are closely monitoring Apple’s positioning in China, viewing it as a bellwether for broader trends affecting multinational technology firms. Any prolonged slowdown in demand or disruption in supply chains could have implications for global revenue and earnings forecasts. At the same time, Apple’s brand strength and ecosystem integration continue to provide a degree of resilience, particularly among affluent consumers.

Government policy remains a critical variable. Beijing has signalled support for domestic technology champions while also seeking to attract foreign investment, creating a dual-track approach that can be difficult for companies to interpret. For Apple, balancing these competing dynamics requires careful messaging and operational flexibility.

Pressure is mounting on the UK government to tighten import rules that domestic retailers say are distorting competition, as calls grow to align with measures already being advanced in the United States and European Union targeting low-cost e-commerce shipments. Industry groups representing high street chains and independent businesses have urged ministers to reconsider the “de minimis” threshold that allows low-value goods entering the country to avoid customs […]

Pi Network’s digital token is facing sustained downward pressure, with its price falling about 5 per cent over a 24-hour period to hover near $0.19, extending a prolonged decline that has erased more than 90 per cent of its peak valuation. Market participants tracking the project say a combination of token unlocks, delayed ecosystem development and weak exchange traction is weighing on sentiment, raising concerns that the […]

Arabian Post Staff -Dubai US President Donald Trump has warned Iran that its power infrastructure could be targeted unless Tehran ensures the full reopening of the Strait of Hormuz within 48 hours, signalling a marked escalation in tensions that has unsettled global energy markets and heightened fears of a wider regional confrontation. The ultimatum, delivered during a public address on Saturday, reverses the tone struck a day […]

Federal safety regulators have widened scrutiny of Tesla’s driver-assistance technology, focusing on how the company’s Full Self-Driving system performs in adverse conditions and the continued absence of LiDAR sensors in its design. The move by the National Highway Traffic Safety Administration signals mounting concern over whether camera-based systems can reliably interpret complex environments such as fog, heavy rain and low-light scenarios. Investigators are examining a growing body […]

Ireland’s sovereign credit rating has been raised by S&P Global Ratings, reflecting what the agency described as a robust fiscal position and resilience in the face of global trade pressures that have unsettled many export-oriented economies. The upgrade signals confidence in the State’s public finances, underpinned by strong tax receipts and a growing fiscal buffer built in part from windfall corporate tax revenues. S&P noted that despite […]

Elon Musk has been found by a jury to have misled Twitter investors during his 2022 takeover bid, concluding that his public statements about the social media platform contributed to financial harm for shareholders as he pursued a lower acquisition price. The verdict centres on claims that Musk, while negotiating the $44 billion deal to acquire Twitter, publicly criticised the company’s handling of spam and bot accounts […]

Pi Network’s native token rose about 7 per cent on March 20, with trading volumes picking up sharply as investors positioned ahead of a scheduled token unlock that could materially expand circulating supply. The move places the relatively young digital asset at the centre of a familiar crypto market dynamic: price momentum colliding with looming supply increases. Market participants are weighing whether demand can absorb the additional […]

Shiba Inu token advanced close to 4 per cent on March 20, buoyed by a surge in bullish positioning among large traders on Binance, as derivatives data pointed to strengthening risk appetite in the broader crypto market. Market trackers showed SHIB gaining momentum through the session, supported by a sharp rise in the long-to-short ratio on Binance, one of the world’s largest cryptocurrency exchanges. The ratio, which […]

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – The Government announced that the Wealth for Good in Hong Kong (WGHK) Summit will return next Tuesday (March 24). Under the theme “Building Lasting Legacies”, this year’s summit in its fourth edition highlights the wave brought by continuous growth of family office assets and generational wealth transition in recent years. In addition to serving as an exchange platform for overseas, Mainland and local family office decision-makers and successors, the WGHK Summit is also an occasion for them to experience firsthand how Hong Kong leverages its solid financial foundation to facilitate wealth succession and value appreciation.

Co-organised by the Financial Services and the Treasury Bureau and Invest Hong Kong (InvestHK), the WGHK Summit will once again convene influential family office decision-makers and successors from around the world in Hong Kong. Participants from Asia, Europe, the Americas, Oceania, the Middle East, and Africa will join attendees from the Chinese Mainland and Hong Kong in insightful sharing. This year’s summit is going to showcase Hong Kong’s profound strengths and development potential through three core themes: “Strategic Asset Management for Family Legacy”, “Cultural Value Foundation for a Thriving Market”, and “Smart Tech Innovation Driving Capital Appreciation”. A number of heavyweight speakers will inspire the participants with their visionary thinking on the future of the family office ecosystem.

Nowadays, quite a number of family offices are deepening their philanthropic endeavours. Taking advantage of Hong Kong’s diverse and vibrant philanthropic ecosystem, a special fireside chat on “Sports and Philanthropy” is set for the summit to explore how sports and philanthropy can work together to create positive value for society.

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, “The global landscape is evolving fast these days with geopolitics getting more complex. There has never been a better time for hosting the WGHK Summit than now to give family offices looking for diversified allocation and risk dispersion an occasion to connect with each other and explore opportunities. Hong Kong offers a highly favourable development environment with numerous potential and predictability for family offices, underpinned by our diversified international financial markets coupled with resilience, robust and transparent legal and tax systems, world-class financial and professional services, and well-developed ecosystems for philanthropy, arts, and innovation. The WGHK Summit is a flagship event hosted by our Government to showcase to the global wealth owners the unique advantages of this city. We will continue to consolidate Hong Kong’s leading position as a family wealth hub in the Asia-Pacific region, and adopt a multipronged approach to keep fostering the development of the family office sector through measures in areas such as tax concessions, talent attraction, investment facilitation and building of an ecosystem. All these will make Hong Kong even more attractive in all aspects to global family capital, positioning this city as the most preferred platform for ultra-high-net-worth families worldwide to manage their cross-border wealth.”

The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, noted, “According to the latest market study, the number of single-family offices in Hong Kong surpassed 3 380 by the end of 2025, reflecting a growth of over 25 per cent in two years – a testament to Hong Kong’s attractiveness as a global family office hub. The WGHK Summit serves as a pivotal platform for Hong Kong to deepen connections with the global family office community and foster cross-border collaboration. Against the backdrop of increasing trend of reallocation of global capital toward Asia, alongside rising trade protectionism and geopolitical uncertainty, Hong Kong will continue to leverage its unique advantage of enjoying strong support from the motherland and being closely connected to the world. We will provide global families with a predictable, one-stop environment for establishing a presence and operating in Hong Kong, helping them capture growth opportunities on the Chinese Mainland and in Asia, and steadily advancing long-term investment and multi-generational succession through diversified asset allocation and professional risk management.”

The WGHK Summit will feature a distinguished line-up of guest speakers:

  • Dr Han Bicheng – Founder and Chief Executive Officer (CEO), BrainCo
  • Mr Maximilian Kaufmann – Representative of Major Shareholder of Leica Camera AG
  • Mr William Heinecke – Founder and Chairman, Minor International PCL
  • Mr François Pictet – Managing Partner, Pictet Group
  • Mr Yao Ming – Founder of Yao Foundation; Former Chairman of Chinese Basketball Association; NBA All-Star
  • Mr Qiu Heng – Chief Marketing Officer, AgiBot
  • Ms Irene Lee – Chairman, Hysan Development Company Limited
  • Dr Ren Feng – Co-CEO and Chief Scientific Officer, Insilico Medicine
  • Mr Wesley Ng – CEO and Co-founder, CASETiFY
  • Mr Winfried Engelbrecht-Bresges – CEO, The Hong Kong Jockey Club; and
  • Mr Michael Wilding – Group Chief Operating Officer, ZURU Group

Beyond the WGHK Summit, the Milken Institute and Bloomberg LP (Bloomberg) will also host the Global Investors’ Symposium (March 23) and the Family Office Forum (March 25) respectively in the same week, focusing on wealth management and global investment trends. The synergy generated by these three major forums will showcase Hong Kong’s unique charm in the family office landscape to the fullest to international capital, allowing participants to interact, exchange ideas, and explore opportunities together in Hong Kong.
Hashtag: #WGHK

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

  Dubai Business Events (DBE), operating under the Dubai Department of Economy and Tourism, has completed a productive appearance at IBTM World 2026 in Barcelona. The participation further demonstrated Dubai’s rise as a leading destination for international meetings and business events, while highlighting its expanding events portfolio and alignment with the D33 Dubai Economic Agenda.A delegation of 32 partners joined DBE at the show, including major hotels, […]

Cushman & Wakefield Interpretation Report Highlights Eight Impact Areas for Real Estate Market

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Global real estate services firm Cushman & Wakefield has released its China’s Two Sessions 2026: Interpreting the Government Work Report publication. Against a backdrop of increasingly complex domestic and international conditions, the 2026 government work report outlines more flexible and adaptive targets for national economic development. These policy directions will have a profound influence on the real estate sector. The market’s transition from focusing on incremental expansion to revitalizing and optimizing existing assets — combined with the accelerating integration of artificial intelligence across industries —will reshape market structures, redefine asset values, and reconfigure spatial development patterns in far-reaching ways.

Macroeconomic Stability Strengthens the Foundation for Commercial Real Estate Stabilization

China’s core economic targets for 2026 are clearly defined, with GDP growth set between 4.5%–5%, balancing the dual objectives of stabilizing growth and adjusting structure. This forms a strong macro foundation for the stabilization and gradual recovery of the commercial real estate sector. Between 2024 and 2025, GDP growth remained steady at around 5.0%. For 2026, the fiscal deficit ratio is maintained at a relatively high 4.0%, with RMB4.4 trillion in local special‑purpose bonds. The quota for ultra‑long‑term special treasury bonds is further expanded to RMB1.3 trillion. Coordinated fiscal and monetary policies will continue to support leasing demand recovery and improved business sentiment in the commercial property market.

Accelerated Industry Transformation Sees Quality Enhancement of Existing Assets Become the Core Theme

The report emphasizes a three‑pronged approach of “city‑specific policies to control new supply, reduce inventory, and improve quality”, while encouraging diverse channels to revitalize existing housing stock and advancing the construction of “good homes.” This marks an accelerated shift from incremental expansion to quality enhancement of existing assets. In 2024, China’s real estate value‑added as a proportion of GDP was just 6.3%, far below the 12.56% average of developed economies. This reflects a structural imbalance characterized by heavy investment in development and insufficient focus on services and leasing. The ongoing transition will make asset management, property services, and leasing operations increasingly central to asset valuation.

Consumption‑Driven Momentum Creates a New Growth Window for Retail Properties

Consumption‑boosting policies are injecting new vitality into the retail property market. The government work report allocates RMB250 billion of ultra‑long‑term special treasury bonds to support product upgrades and replacement, complemented by RMB100 billion in coordinated fiscal‑financial funds — creating a RMB350 billion consumption stimulus package. In 2025, China’s total retail sales of consumer goods exceeded RMB50 trillion, with per‑capita GDP reaching USD13,953, signaling a critical inflection point where service‑oriented consumption accelerates. With services currently accounting for just 46.1% of consumption, there remains significant room for growth. Policies promoting “high‑quality service consumption” and “new consumption scenarios,” combined with the promotion of staggered school holidays in spring and autumn, will create opportunities for high‑quality shopping centers focused on experiential and social retail formats.

AI‑Powered Intelligent Economy Drives an Upgrade in Office Market Demand

The rapid evolution of the intelligent economy is reshaping office market demand. The work report calls for expansion of “AI+,” wider deployment of intelligent agents, and accelerated development of large‑scale computing clusters, indicating the transition of AI into commercialized and scaled applications. In 2025, China’s core digital economy industries accounted for more than 10.5% of GDP, with the target set at 12.5% during the 15th Five‑Year Plan. AI‑related companies are expected to become key new leasing drivers in 2026. This will also stimulate a fresh investment cycle for data centers and industrial parks, with core computing hub cities — in the Beijing‑Tianjin‑Hebei region, Yangtze River Delta, and the Guangdong‑Hong Kong‑Macao Greater Bay Area — set to benefit first.

Capital Market Reforms Expand, Enabling a Full “Investment–Financing–Management–Exit” Cycle for Commercial Real Estate

Capital market reforms continue to support expansion in commercial real estate investment. The work report calls for deepened reform of comprehensive investment and financing mechanisms, expanded exit channels for private equity and venture capital, and accelerated growth of the public REITs market. By 2025, China’s public REITs issuance exceeded RMB210 billion, making it the largest REITs market in Asia. In 2026, commercial public REITs enter their first year of development, with pilots extended to hotels and commercial offices. This establishes a “dual‑engine” landscape of “infrastructure + commercial real estate” and enables a more complete investment‑financing‑management‑exit cycle

Further Opening‑Up Boosts Cross‑Border Logistics and Foreign Investment Demand

China’s opening‑up objectives in 2026 feature two core characteristics: expanding services sector openness to attract foreign investment, and promoting standardized, high‑quality development of cross‑border e‑commerce. In 2025, China’s cross‑border e‑commerce imports and exports totaled RMB2.75 trillion, with growth outpacing overall trade for the fourth consecutive year. The sector’s demand for high‑specification warehouses — characterized by high density and rapid turnover —continues to rise. Cushman & Wakefield data shows that the warehouse market is experiencing volume growth alongside price adjustment, with notable regional differences. As cross‑border e‑commerce becomes more regulated, and cold‑chain logistics demand continues to expand, green‑certified, intelligent high‑spec warehouses are expected to gain a competitive advantage.

Advancement of New Urbanization Brings Opportunities for Urban Clusters and Urban Renewal

A notable highlight among 2026 urbanization policies is the first‑ever proposal to build “innovation‑driven industrial communities and business communities.” This concept breaks the traditional boundary between industrial parks and business districts, fostering integrated complexes that combine office, commercial, and residential functions. The report also supports the development of world‑class city clusters in the Beijing‑Tianjin‑Hebei region, the Yangtze River Delta, and the Greater Bay Area, while enhancing the dual‑city Chengdu‑Chongqing Economic Circle and accelerating growth in the middle‑Yangtze city cluster — further intensifying regional differentiation in the commercial property market. Urban renewal and revitalization of existing stock assets are core pillars of the current urbanization strategy. Policies promoting the reuse of existing land and idle buildings align closely with efforts to revitalize existing housing stock. For owners and operators of prime urban assets, regeneration projects offer strategic opportunities for repositioning and value enhancement.

Green Transformation Prompts Sustainability Certifications to Become a Key Competitive Advantage

The work report dedicates a standalone section to the green transition, announcing dual controls on total carbon emissions and intensity, as well as new policy tools such as zero‑carbon parks and a national low‑carbon transition fund. In 2025, China’s national carbon market saw 235 million tons of allowances traded, with transaction value reaching RMB14.63 billion, up approximately 24% year‑on‑year. Carbon costs have become an increasingly important factor in corporate leasing and location decisions. With 97.9% of newly built urban buildings in 2024 meeting green standards, green retrofits of existing buildings are gaining momentum. Commercial properties certified under LEED, WELL, and China’s Green Building Label standard enjoy notable advantages in rental premiums and tenant attraction.

Sabrina Wei, Chief Policy Analyst and Head of Research, North China, Cushman & Wakefield, said, “The 2026 government work report outlines a clear development vision for commercial real estate characterized by macroeconomic stability, targeted policies, and structural transformation. A GDP growth rate of 4.5%-5% will provide market stability, a RMB350 billion consumption stimulus will activate demand for retail properties, “AI+” will reshape the office market; capital market reforms and public REITs will enable a full “Investment–Financing–Management–Exit” cycle, urban renewal will unlock values of existing assets, and green certification will define new competitiveness for the industry. As the real estate industry transitions from a construction‑focused model to one centered on operations and services, institutions with strong capabilities in asset management and high‑quality operational service delivery will be best positioned to capture the emerging opportunities of this transformative new cycle.”

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn ().

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