Arabian Post Staff -Dubai First Abu Dhabi Bank has acquired 100 per cent of Bahrain-based Yasira Financial Services, extending its fund administration and trust services business to serve investment managers across public and private markets. The Abu Dhabi lender announced the acquisition on Monday, saying Yasira would be rebranded and incorporated into its Securities Services division. Financial terms were not disclosed, and the bank did not specify […]
Abu Dhabi Police have taken delivery of a restored Porsche 924 that escorted Queen Elizabeth II during her first visit to the United Arab Emirates in 1979, reviving one of the country’s earliest performance police vehicles. The sports car was formally handed back at Al Maqta Museum on Monday after restoration by Porsche Centre Abu Dhabi and Al Ain, part of Ali & Sons Holding. It will […]
California voters have rejected a proposed tax on billionaires, handing a defeat to labour unions and progressive Democrats after a costly campaign that exposed divisions within the state’s governing party. Proposition 40, which would have imposed a one-off 5% levy on the net worth of residents holding more than $1 billion, was defeated in the November 3 election. With counting continuing, returns showed approximately 53% voting against […]
The US Financial Crimes Enforcement Network has identified more than $8 billion in suspicious cross-border payments involving foreign agents of American money services businesses, warning that opaque settlement arrangements could conceal beneficiaries and facilitate financial crime. The Treasury Department agency disclosed the findings in an October 30 alert, identifying potentially suspicious transactions between 2021 and 2025. Its analysis of Bank Secrecy Act filings highlighted vulnerabilities when overseas […]
Japan’s Nikkei share average climbed 2.33% on Monday, recovering part of a technology-driven slump that had pushed the benchmark into bear market territory and shaken confidence in artificial intelligence stocks.
The Nikkei 225 closed at 58,775.50, gaining 1,340.73 points, while the broader Topix advanced 2.97% to 3,818.16. The rebound followed Friday’s 6% plunge, which left the Nikkei more than 20% below its June record, the threshold commonly used to define a bear market.
Buying extended across the Tokyo market rather than remaining confined to semiconductor companies. Of the Nikkei’s 225 constituents, 208 rose and 17 fell, indicating widespread demand after several sessions of selling. The recovery nevertheless left the benchmark substantially below its level at the beginning of last week.
Investors took encouragement from Friday’s gains on Wall Street, where technology stocks recovered after sharp declines linked to concerns about potential changes in United States policy towards artificial intelligence. The Nasdaq Composite gained 1.09% and the S&P 500 rose 0.32%, providing a firmer backdrop for Asian trading.
Nvidia and Tesla had recovered in that American session after investors reassessed the implications of Democratic victories in the US midterm elections. Market participants have questioned whether tighter scrutiny of artificial intelligence could slow the construction of data centres and affect demand for the advanced chips and equipment supplying them.
Those concerns remain particularly significant for Tokyo’s equity market, where semiconductor equipment manufacturers, technology investors and industrial suppliers carry substantial weight in benchmark movements. The sell-off had spread beyond companies directly involved in artificial intelligence, reflecting broader reductions in exposure to riskier assets.
Takuma Ikemoto, a market analyst at Tokai Tokyo Intelligence Laboratory, cautioned that uncertainty surrounding American policy could limit further advances once the initial wave of buying subsided. His assessment highlighted the distinction between a recovery from heavily sold conditions and a sustained improvement in expectations for technology earnings.
Individual stock movements showed that the rally was uneven despite the strong headline index gains. Consulting services company Baycurrent climbed 8.8% to a record closing high, making it the Nikkei’s strongest percentage performer. Construction group Shimizu gained 7.7%, while industrial manufacturer Mitsubishi Electric advanced 7.3%.
SoftBank Group, a prominent investor in artificial intelligence ventures, remained under pressure during the session, illustrating continuing investor caution towards businesses closely associated with the sector’s expansion. Its weakness contrasted with gains elsewhere and suggested that buyers were distinguishing between companies rather than returning indiscriminately to all technology-related shares.
Banking stocks also attracted demand as Japanese government bond yields moved higher. Rising yields can support banks’ lending margins, although their effect depends on funding costs and broader credit conditions. Automakers, retailers and non-ferrous metal producers contributed to the market’s advance, giving the recovery a wider base than the previous technology-led fluctuations.
The Topix’s larger percentage gain reflected the strength of shares across a broader range of companies. On the Tokyo Stock Exchange’s Prime Market, 1,412 issues advanced, compared with 120 declines and 13 unchanged. Thirty-one of the exchange’s 33 industry groups finished higher, with food and shipping among the exceptions.
Developments in the Middle East also shaped investors’ assessment of market risk. US President Donald Trump said on Sunday that further American attacks on Iran were highly unlikely while diplomatic discussions continued, with Qatar involved in mediation. The comments offered some reassurance, although accounts of attacks on vessels near the Strait of Hormuz underscored the fragility of the situation.
Disruption to energy shipments through the waterway has complicated the outlook for Japan, which depends heavily on imported fuel. Changes in oil prices influence corporate costs, household spending and inflation expectations, making the security of Gulf shipping an important consideration for investors alongside movements in technology shares.
Monday’s closing figures also showed the distance still to be recovered after the previous week’s losses. The Nikkei had finished November 2 at 63,081.86, well above Monday’s level despite the sizeable daily increase. The gap illustrated how a sharp one-day advance can coexist with substantial losses over a longer trading period. Investors therefore remained sensitive to changes in overseas equity markets, policy expectations and corporate earnings forecasts.
The session’s strongest performers included businesses outside the artificial intelligence supply chain, while the weaker areas showed that the rebound was not uniform. Shipping and food shares lagged the broader market as investors repositioned portfolios following the previous week’s abrupt decline.
A jailbroken artificial intelligence agent conducted a sustained cyberattack against a European telecommunications provider and targeted 13 organisations hosted on its infrastructure, according to findings published by cybersecurity researchers on 8 November. Malbear Labs said the campaign, designated Operation Snowball, continued for more than two weeks and involved a customised system built around DeepSeek Flash. The researchers reconstructed the activity from an exposed directory containing the attacker’s […]
The Financial Action Task Force has urged governments to dismantle the financial networks supporting industrial-scale scam compounds, warning that criminal operations are adapting to enforcement pressure and spreading across continents. The Paris-based anti-money laundering watchdog published its findings on 5 November, outlining new principles for disrupting fraudulent payments, recruitment networks and the digital infrastructure used by organised crime groups. The report places scam compounds within a worldwide […]
Google has issued an emergency security update for its Chrome browser after confirming that attackers are exploiting a high-severity vulnerability affecting the software’s handling of XML data. The update, published on 9 November, fixes nine security flaws in desktop Chrome, including CVE-2026-125350, a use-after-free vulnerability for which Google says an exploit exists in the wild. The company has not identified the attackers, disclosed their targets or described […]
Cyberattacks that disrupted supermarket refrigeration across Europe have intensified scrutiny of connected cooling systems used by retailers in the UAE and wider Gulf, where unauthorised changes to equipment settings could destroy food stocks and interrupt trading. France has now attributed the October attacks to an Iranian Revolutionary Guards-linked cyber unit, Shahid Kaveh. French authorities said approximately 700 sites were targeted, including supermarkets, butchers and food-processing facilities. Their […]
HONG KONG SAR, CHINA – Media OutReach Newswire – 10 November 2026 – The 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships organised by the Windsurfing Association of Hong Kong, China, concluded successfully on 7–8 November. As a Gold Sponsor of this year’s Circuit, Lee Kum Kee Sauce (“Lee Kum Kee”) sponsored all five events throughout the year, while supporting the development of local windsurfing.
2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships.
Windsurfing holds a remarkable historical position in Hong Kong sporting history: in 1996, it brought the city its first-ever Olympic gold medal. As a local enterprise with Hong Kong roots, Lee Kum Kee supports this iconic sport by sponsoring this year’s Circuit and helping to nurture the next generation of local windsurfing talent.
As a premier local windsurfing competition, the iQFOiL Championships circuit began in February and continued through the year, comprising five exciting races across divisions such as Men’s and Women’s Open, U19 Youth, U17 Junior, and U15 Youth/Children. The races were held at well-known sites including Clearwater Bay, Wu Kai Sha, Tolo Harbour, Cheung Chau and Stanley, testing competitors’ techniques and adaptability while serving as a vital stage for accumulating annual ranking points and selecting representatives for international competitions.
Dodie Hung, Executive Vice President – Corporate Affairs of Lee Kum Kee Sauce, said: “As a century-old company with Hong Kong roots, Lee Kum Kee is honoured to be Gold Sponsor of the 2026/27 iQFOiL Championships and to help nurture the next generation of local windsurfing talent. Windsurfing has no fixed course and the wind conditions can change at any moment, so athletes must make immediate judgements and adjustments on the fly. This ability to continuously challenge oneself and forge ahead echoes Lee Kum Kee’s value of ‘Constant Entrepreneurship’ – having the courage to seize opportunities and drive continuous innovation.”
Mr Chau Ngai Man, President of the Windsurfing Association of Hong Kong, China, said: “We are grateful for Lee Kum Kee’s support, which is vital to the development of windsurfing. Lee Kum Kee’s sponsorship gives athletes a world-class local competitive platform and helps them build their form as they prepare to take on major international competitions.”
In addition to supporting this competition, Lee Kum Kee also served as a sponsor for the Hong Kong, China Sailing Team, helping it achieve great success at the 20th Asian Games in Japan and the 15th National Games in China in 2025. Lee Kum Kee will continue to support major sporting events in Hong Kong, including the 2027 Hong Kong Dragon World Championship, which will make its Asia debut from 21-29 November 2026. Hashtag: #LeeKumKee #iQFOiLChampionships
The issuer is solely responsible for the content of this announcement.
About Lee Kum Kee Sauce
Lee Kum Kee Sauce is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions, and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee Sauce’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create, and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee Sauce’s rich heritage, unwavering commitment to quality, sustainable practices, and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide.
Arabian Post Staff -Dubai The number of loaded liquefied natural gas tankers leaving the Strait of Hormuz climbed to its highest monthly level since the outbreak of the US-Iran conflict, with 31 vessels recorded in October, shipping data showed. S&P Global Energy counted 23 tankers carrying cargoes loaded at Qatar’s Ras Laffan export complex and eight from Das Island in the United Arab Emirates. The figures mark […]
The sell-off in US technology shares has pushed estimated declines in disclosed sovereign wealth and public pension fund holdings to $30.5 billion since the end of June, exposing the uneven impact of falling artificial intelligence valuations on major institutional investors. Global SWF, which tracks state-owned investment institutions, calculated that $22.8 billion of the decline occurred between 3 and 6 November, when technology stocks came under heavy pressure […]
BANGKOK, THAILAND – Media OutReach Newswire – 10 November 2026 – Porsche Design Tower Bangkok has achieved LEED Gold Precertification under the internationally recognized green building rating system developed by the U.S. Green Building Council (USGBC). The independent design-stage review confirms the 22-residence towerscheduled for completion in December 2028, is on track to enter the full certification process once finished, utilizing proposed strategies that address energy efficiency, resource use, and indoor environmental quality.
The review was carried out in October 2026 by Green Business Certification Inc. Developer PDTB Ananda Co., Ltd., a subsidiary of Ananda Development PCL, will apply for full LEED certification once the tower is finished.
This precertification reflects Porsche Design’s approach to sustainability by prioritizing a product’s entire life cycle. The brand’s philosophy centers on timeless design, ensuring the building will hold its value for decades. For future owners, the rating adds independent assurance that the project meets international green benchmarks – from their luxury Sky Villas to the EV-ready “Passion Spaces” built to house their car collections.
Chanond Ruangkritya, President and Chief Executive Officer of Ananda Development, said: “Our ambition is to create a home shaped around residents’ lifestyles and personal passions, while also embracing the philosophy of creating lasting value. LEED Gold Precertification adds an independently assessed environmental standard to that vision. It ensures the tower will optimally serve its residents over time alongside the conscious choices we make about energy and resource use, marking an important step towards delivering on our promise.”
Located on Sukhumvit 38 in Bangkok’s Thonglor district, the tower offers just 22 exclusive residences. Each multi-level home combines private lift access with thoughtfully planned spaces for entertaining and wellness, alongside a private swimming pool and customizable Passion Spaces.
The issuer is solely responsible for the content of this announcement.
About the U.S. Green Building Council (USGBC)
The U.S. Green Building Council (USGBC) is committed to transforming how buildings and communities are designed, built and operated to create thriving, healthy, equitable and resilient places that advance human and environmental wellbeing. USGBC leads market transformation through its LEED green building program, robust educational offerings, an international network of local community leaders, the annual Greenbuild International Conference & Expo, the Center for Green Schools, and advocacy in support of public policy that encourages and enables green buildings and communities. For more information, visit usgbc.org and connect on X (formerly Twitter), Instagram, Facebook, and LinkedIn.
About Porsche Design Tower Bangkok
The Porsche Design Tower Bangkok sets a new standard for ultra luxury living with its limited offering of just 22 exclusive residences. Located on Sukhumvit 38, one of Bangkok’s most prestigious addresses, this groundbreaking project is the first of its kind in Asia and the third globally, following Miami and Stuttgart. Designed for ultra-high-net-worth individuals seeking unparalleled exclusivity, the tower offers residents the perfect blend of serene living in the coveted Thonglor neighbourhood, with easy access to the city’s most vibrant attractions and amenities. Among its standout features are the customizable “Passion Spaces”—private, in-unit garages that allow residents to showcase their prized car collections, creating a truly unique living experience.
SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 November 2026 – AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift (“AI WINGMAN”), has secured a strategic investment of close to A$10 million from Singapore-headquartered X Star Technology, marking a significant milestone in its growth and ambitions to bring next-generation AI capabilities to the Australian automotive retail industry.
The investment represents a strong vote of confidence from international investors in Australian automotive AI innovation, providing fresh capital to accelerate AI WINGMAN’s development and support its growth ambitions.
As AI reshapes the automotive retail landscape, AI WINGMAN is bringing a new level of intelligence and automation to dealership operations. Designed to help dealerships engage every customer at the right moment, the Australian-developed platform combines conversational AI with intelligent lead and customer engagement to capture more opportunities, strengthen customer relationships and drive sales growth.
The announcement follows the platform’s showcases at the AADA (Australian Automotive Dealer Association) Convention & Expo in Sydney in July and at AIMCONNECT 2026 in Singapore in October, highlighting growing industry interest in AI-powered dealership solutions.
Australian AI innovation attracts international strategic backing
Mr Lei Shen, Director of AI WINGMAN, said the investment reflects growing recognition of the potential of purpose-built AI solutions to transform how automotive dealerships engage with their customers across the entire ownership lifecycle.
“Artificial intelligence is transforming how businesses engage with customers, and the automotive industry is no exception. Today’s dealerships face more intense competition and more complex market conditions, yet many valuable sales opportunities are still lost through neglected or delayed engagement.
“AI WINGMAN was developed to address this challenge by turning untapped dealership data into actionable insights, while allowing sales teams to focus their valuable time on building relationships and converting high-potential leads.
“X Star’s strategic investment is a strong endorsement of our technology and vision. It provides a solid foundation to accelerate innovation and bring Australian-developed automotive AI solutions to a broader regional market.”
X Star Technology is a Singapore-headquartered automotive finance technology company with operations spanning Asia Pacific, Latin America and the Middle East.
Already being used by dealerships franchising leading automotive brands including BYD, Zeekr, Land Rover and Kia, AI WINGMAN demonstrates how Australian-developed AI technology can be applied to real-world challenges in automotive retail.
Hashtag: #AutoSwift #AIWINGMAN
The issuer is solely responsible for the content of this announcement.
The 340 best works, generated by participants using the AI assistant GigaChat, were showcased on the festival’s website and on large-scale media facades throughout Russia Art erases boundaries — those between regions, generations, and professions, and between lifelong artists and those trying their hand at it for the very first time. This is exactly what the Giga-Art AI art festival, recently concluded by Sber, demonstrated. In celebration […]
CPM leader V N Vasavan on Monday accused Chief Minister V D Satheesan of concentrating decision-making authority within his office, alleging that ministers in the Congress-led United Democratic Front government were being excluded from important decisions affecting their departments. Speaking to reporters in Kottayam,…
The registration reinforces PhotonPay’s regulatory foundation for payment activities in Canada, with requirements covering operational risk management, incident response and the safeguarding of end-user funds.
HONG KONG SAR – Media OutReach Newswire – 10 November 2025 – PhotonPay today announced that its Canadian operating entity, Photon Dance CA Inc., is now registered with the Bank of Canada as a payment service provider (PSP) under Canada’s Retail Payment Activities Act (RPAA). The entity was previously registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB). The RPAA registration further strengthens PhotonPay’s regulatory foundation in Canada and supports its continued development of local financial services across North America.
The RPAA establishes a federal framework for the registration and supervision of PSPs conducting specified retail payment activities in Canada. Administered by the Bank of Canada, it sets requirements for operational risk management, incident response and regulatory reporting. PSPs that hold end-user funds are also required to implement measures to safeguard those funds, strengthening oversight and accountability across Canada’s retail payments ecosystem.
The Canadian registration adds to PhotonPay’s broader regulatory presence across North America. In the United States, PhotonPay is registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN) and holds money transmitter licenses across multiple U.S. states. Across the Americas, Europe and Asia, PhotonPay holds 35 payment licenses, regulatory authorizations and registrations, reflecting the regulatory breadth behind its operations across key financial markets.
For PhotonPay, building a global financial operating system requires more than connecting payment capabilities across markets. It also means developing the local regulatory and financial infrastructure needed to support those capabilities in each jurisdiction. As businesses expand internationally, their financial operations increasingly span different account structures, payment systems, currencies and regulatory environments. Bringing these functions together requires infrastructure that can address local market requirements while giving businesses a more unified way to manage their global finances.
This is the vision behind PhotonPay’s next-generation Financial OS. Through an integrated, API-first architecture, PhotonPay brings together multi-asset wallets, local collections, global payouts, foreign exchange, card issuing and embedded finance. By supporting both fiat currencies and stablecoins within its broader financial infrastructure, the platform connects traditional payment rails with emerging digital-asset capabilities, helping businesses manage increasingly complex financial operations across markets.
“Global financial infrastructure must be designed around the realities of the markets it serves. Regulatory frameworks, payment systems and the responsibilities involved in handling funds differ across jurisdictions, and these differences need to be accounted for at the infrastructure level,” said JP Pi, Global Chief Compliance Officer at PhotonPay. “Our approach is to build a Financial OS that brings together global capabilities while respecting the regulatory and operational requirements of each local market. The RPAA registration is another step in putting that approach into practice, as we continue developing infrastructure to support businesses operating across an increasingly interconnected financial landscape.”
The issuer is solely responsible for the content of this announcement.
About PhotonPay
Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.
PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 35 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.
By Ashok Nilakantan Ayers WASHIGTON DC: The battle for the Republican Party’s 2028 presidential nomination has effectively begun. But the real contest is not merely about personalities. It is about whether the GOP will perpetuate Trump’s divisive political legacy or reinvent itself before voters deliver another electoral rebuke. The Republican Party is discovering an uncomfortable […]
By Dr. Nilanjan Banik The outcome of the November 3 midterm elections has not got in favour of Mr. Trump. Republicans lost both the House of Representatives and the Senate. For India, however, the outcome of the midterm elections is unlikely to make much of a difference. A Democratic House would not bring a sharp […]
BANGKOK, THAILAND – Media OutReach Newswire – 9 November 2026 – The Ministry of Higher Education, Science, Research and Innovation (MHESI), through the National Innovation Agency (Public Organization) (NIA), hosted the annual National Innovation Day 2026 awards ceremony. The event honors and commemorates the extraordinary innovation visionary, His Majesty King Bhumibol Adulyadej The Great (Rama IX)—revered as the “Father of Thai Innovation”—whose royal initiative, the Klaeng Din (soil aggravation) project, demonstrated pioneering resource management. During the ceremony, the NIA announced the winners of the prestigious National Innovation Awards, celebrating outstanding Thai innovators and forward-thinking organizations across the public, private, and academic sectors whose contributions generate tangible value for institutions, society, and the nation. Concurrently, the ceremony featured the presentation of the Innovation Thailand Awards and the Thai Rice Innovation Awards, both longstanding collaborative initiatives spearheaded by the NIA.
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA), said that National Innovation Day remains an essential annual forum dedicated to commemorating the royal grace, genius, and enduring innovation legacy of King Bhumibol Adulyadej The Great. The Ministry of Higher Education, Science, Research and Innovation strongly believes that human capital is the cornerstone of building an innovation-driven society. Consequently, the NIA prioritizes workforce upskilling across all generations alongside deploying technology and innovation to mitigate inequality, expand economic opportunities, enhance quality of life, and sharpen national competitiveness. This mission accelerates Thailand’s transition from a mere consumer of technology into a prolific creator of high-value innovation. The event serves not only as a platform to recognize trailblazers, but also as a catalyst to foster widespread awareness, stimulate active technology adoption, showcase Thai ingenuity on the world stage, and collectively advance Thailand toward becoming a sustainable “Innovation Nation.”
“The National Innovation Awards represent the highest distinction in Thailand’s innovation landscape. They celebrate Thai innovators whose pioneering work delivers clear, measurable value to the country, sparking pride and creative momentum across all sectors while elevating our national image as an emerging Innovation Nation,” stated Dr. Krithpaka. “Now in its 22nd year, the competition reflects a rapid leap forward in domestic innovation capability, keeping pace with an evolving global landscape. Historically, more than 6,736 submissions have entered the awards, with over 370 projects recognized, collectively generating an economic, social, and environmental impact valued at over 138 billion baht.”
Dr. Krithpaka highlighted three winning innovations from the 2026 National Innovation Awards that exemplify success across economic, social, and environmental dimensions, underscoring Thai entrepreneurs’ capacity to combine deep technology with commercial viability:
1. BUZZEBEES: Elevating CRM through AI to Boost Marketing Efficiency and Business Growth Developed by Buzzebees Co., Ltd., this end-to-end customer relationship management (CRM) and online engagement platform secured first prize in the Economic category (Large and Medium Enterprise division). Powered by advanced AI algorithms, the platform streamlines customer data management, consumer behavior analytics, and precision-targeted marketing campaigns. It empowers enterprises to connect with target demographics accurately, retain customer bases, and unlock new revenue streams.
The comprehensive suite encompasses loyalty and points-redemption programs, payment and order management workflows tailored for SMEs and restaurants, and e-commerce channel operations, alongside targeted digital media and affiliate marketing powered by a vast influencer and Key Opinion Leader (KOL) network. By leveraging real-time business diagnostics and automated campaign personalization, the platform can deploy fully functional solutions within just five business days—a 20-fold reduction in turnaround time compared to traditional development cycles that often require up to 100 days.
Currently, BUZZEBEES supports over 500 enterprise platforms, more than 1,500 SME and merchant networks, and an aggregate user base exceeding 200 million consumer and distributor accounts. Notable deployments include Tops’ personalized loyalty platform, which serves over 210,000 active users and has processed more than 40 million reward redemptions. In 2025, the company generated over 2 billion baht annually in gross merchandise value (GMV) through international affiliate channels, saved domestic corporations over 600 million baht annually by replacing reliance on foreign enterprise software, posted 2.964 billion baht in total revenue, and created an average of 260 local tech jobs annually.
2. INSPECTRA MMG: Deep-Learning AI for Mammography Analysis Enhancing Breast Cancer Screening Developed by Perceptra Co., Ltd., INSPECTRA MMG captured first prize in the Social category (Large and Medium Enterprise division). The diagnostic-support AI system assists radiologists in interpreting screening mammograms, specifically targeting the diagnostic complexities posed by dense breast tissue—a characteristic prevalent among Asian women that frequently obscures underlying lesions in standard screenings.
Trained on a proprietary dataset of more than 400,000 mammographic images from Thai cohorts, INSPECTRA MMG detects subtle indicators of malignancy to assist clinical decision-making. Deployed in Thai clinical settings for over three years across more than 220,000 processed patient cases, the tool reduces radiologists’ workloads, optimizes diagnostic throughput, and democratizes access to early cancer detection in medically underserved provinces. Validation data submitted by the company demonstrates an impressive Cancer Detection Rate of 97%, validating AI’s efficacy as a clinical decision-support asset while maintaining physician oversight as the ultimate diagnostic authority. Looking ahead, Perceptra plans to expand outreach via mobile mammography screening units for remote communities, implement an annual software-as-a-service (SaaS) subscription model to fund continued R&D, and scale operations into broader Southeast Asian healthcare markets.
3. MyraShell Aroma: Upcycling Marine Shell Waste into Sustainable Luxury Bio-Materials Developed by Manee Mongkol Gems Factory Co., Ltd., “MyraShell Aroma – Sea of Love” won top honors in the Environmental category (Micro & Small Enterprise, and Social Enterprise division). The initiative upcycles discarded green mussel shells sourced from coastal fishing communities into high-value decorative bio-materials under circular economy principles, effectively curbing coastal waste while establishing sustainable secondary income streams for local artisanal fishers.
The innovation isolates nacre (mother-of-pearl) and calcium carbonate fractions from marine shells, formulating them with bio-based binding polymers and precision engineering techniques into durable, aesthetically sophisticated materials suitable for fine jewelry and luxury decor. MyraShell Aroma features a calibrated micro-porous surface that absorbs and disperses fragrances ambiently without electricity, designed for repeated aromatic refills.
The company has expanded its portfolio under the MyraShell and MyraGem brands to supply interior panels, lighting fixtures, and architectural finishes to luxury five-star hospitality brands. Manee Mongkol Gems collaborates with the Chonburi Fisheries Association and the Sawang Pratheep Community Enterprise for ethical raw material sourcing, complete with origin-traceability protocols, and partners with Kasetsart University on material validation with research grant backing from the NIA. The breakthrough gained international acclaim at Milan Design Week at Superstudio Events in Milan, Italy, where the team exhibited a 3×3-meter “Sea of Love” feature wall. Capitalizing on sustainable luxury storytelling, the company is actively expanding its direct export channels across Italy, Germany, France, and Hong Kong.
Supporting Broader Innovation Ecosystems Alongside the flagship honors, the ceremony presented accolades across complementary specialized initiatives:
The 22nd National Innovation Awards: Organized directly by the NIA to honor impact across five dedicated pillars: Economy, Society, Environment, Innovation Communicator, and Innovative Organization. The 2026 edition drew 437 competitive submissions.
The 26th Innovation Thailand Awards: Co-organized with the Science Society of Thailand under the Patronage of His Majesty the King, this initiative fosters youth-led innovation and guides intellectual property toward viable commercialization across two academic tiers: Higher Vocational/Undergraduate and Vocational/Secondary levels (attracting 494 entries).
The 18th Thai Rice Innovation Awards: Co-hosted with the Thai Rice Foundation under Royal Patronage to incentivize high-value product transformation and process innovation across the rice value chain. Awards were conferred across Industrial and Community Enterprise categories, drawing 82 submissions.
Serving as the nation’s “Focal Conductor,” the NIA continues to align with domestic and international partners through its core Groom – Grant – Growth – Global framework. This integrated strategy aims to expand Thailand’s cohort of market-ready innovation-driven enterprises (IDEs), catalyze economic value creation, and fortify national competitiveness to firmly cement Thailand’s standing as an internationally recognized Innovation Nation.
Hashtag: #NIA
The issuer is solely responsible for the content of this announcement.
The European Commission has provisionally found TikTok in breach of European Union digital rules because its personalised video recommendations can draw users into repeated exposure to potentially harmful material. The findings, announced on Friday, November 6, target the so-called rabbit hole effect of TikTok’s For You feed, which recommends increasingly similar videos as users watch, like or otherwise engage with content. Regulators identified particular concerns involving sadness, […]
The UAE’s non-oil foreign trade rose 10.1% to AED 2.945 trillion in the first nine months of 2026, propelled by record exports and bringing the total close to AED 3 trillion for the first time. The official trade figures, published on Sunday, showed non-oil exports increasing 21.6% to AED 705.8 billion, while imports climbed 11.5% to AED 1.661 trillion. Re-exports amounted to AED 578 billion, reflecting the […]
An Asia digital transformation programme for founders and SMEs, starting in Malaysia, with a full refund if the delivery date is missed
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 November 2026 – Fully customised business software and AI solutions, built by engineers and backed by a full refund if the agreed delivery date is missed. Starting in Malaysia and rolling out across Asia, made possible by more than 100 partners.
Nexawork AI Founders
Nexawork AI is an Asia focused technology company building the AI Business Operating System. It was co-founded by Allen Tan Chee Hoe, its Chief Executive Officer, and Sky Wee, its Chief Business Development Officer.
Today Allen Tan Chee Hoe announced the launch of Nexawork AI’s Asia digital transformation programme, which helps founders, project owners and small and medium enterprises (SMEs) build their first digital product. It offers custom software development, including AI solutions and AI agents, starting with a Starter Pack at RM19,900.00, with a full refund of the development fee if Nexawork AI misses the delivery date in the contract.
The programme starts in Malaysia, its first market in Southeast Asia, before extending across Asia. Applications are open now at nexawork.ai. Its pricing is made possible by more than 100 partners, who share the work and bring businesses to the programme.
Why Asia’s SMEs hold back on AI and digital transformation Asia runs on small businesses. Across 26 economies tracked by the Asian Development Bank (ADB), micro, small and medium enterprises make up 99.8% of all enterprises, employ 67.6% of the workforce and produce 38.7% of national output. Yet many still run on paper and spreadsheets, SME digitalisation lags, and AI is widening the gap. In South Korea, a 2024 Korea Federation of SMEs survey of 300 SMEs found only 5.3% using AI, and the obstacle cited most was the lack of AI services built for their needs.
Cost and risk add to the hesitation. In Malaysia, 2026 industry estimates put even a basic first version of mobile software at RM30,000 to RM60,000, and most SME projects at RM60,000 or more. For a first time founder, that is a large bet on one vendor. Owners are avoiding risk, not technology.
“Transformation fails on the first invoice, not on the technology,” said Allen Tan Chee Hoe, Co-Founder and Chief Executive Officer of Nexawork AI. “We are not trying to reprice the market. We want to give many SMEs the confidence to take their first step into digitisation, together with more than 100 partners, so a founder anywhere in Asia can build a first digital product without betting the year on it. And we are not here to replace anyone’s workforce. Our AI brings productivity to business owners and their teams, so that adoption actually happens.”
A full refund if the delivery date is missed If Nexawork AI misses the delivery date in the contract, the business receives a full refund of the development fee. The clock starts when the business provides complete information and access, and the scope is fixed in writing before work begins.
Custom software development and AI solutions built around the business Every system is shaped around the individual business. Professional engineers write, review and test every build, and the owner needs no technical knowledge. Projects can include a native mobile platform for ordering, payment through the business’s own provider, delivery tracking and referrals, an admin console, connections to existing software, and AI built for the business, from AI solutions on its own data to AI agents that answer enquiries or follow up on orders.
RM19,900.00 is the Starter Pack, the entry point to the programme: a focused first system built around one core workflow, such as taking orders or bookings, with an admin console for the owner. Builds with more features, AI, payments or integrations are scoped and priced above the Starter Pack.
Why the programme price is possible: more than 100 partners The programme is designed to grow the market, not to undercut it. The price is not set to compete with the market: most SMEs would not commission development at RM100,000 or more, so the programme reaches businesses that would otherwise not digitise at all, rather than taking work from established developers. The Starter Pack can start at RM19,900.00 because more than 100 partners share the work and bring businesses to the programme, so less of each project’s price goes on sales and marketing.
Nexawork AI’s team shapes each founder’s first product before any code is written. Lavie System Solutions brings almost two decades of development experience, so proven building blocks are not reinvented for every project. Healing Mind Group, led by Lee Hong Rui, a trainer accredited by HRD Corp, Malaysia’s Human Resource Development Corporation, joins as Business Process and SME Transformation Partner to map workflows and prepare teams. Dova Space looks after the people side of change, Eco Bee Biotech and Eco Bee Shop introduce the programme to their network, and Jayv Chang Yoon Voon, marketing partner for Southeast Asia, reaches businesses through partner and community channels.
How the programme works Each custom software development project starts with a written scope, after which the price and the delivery date go into the contract. The build runs in about twelve sprints over about three months. Every project includes three months of free maintenance; hosting, domain and infrastructure are paid by the business to its own providers, from about US$100 a month. Every system is built to connect directly to the Nexawork AI platform, which is expected to launch by the second quarter of 2027.
The founders behind Nexawork AI Allen Tan Chee Hoe is a serial founder and product architect with 15 years of experience in technology and product development. According to internal operating records, he previously built a startup to more than 4 million users and 60,000 business owners, and his teams have supported more than 180 projects globally for companies that together raised more than US$200 million. Sky Wee, who leads global business development and partnerships, is a Singapore based serial entrepreneur and venture investor.
The Nexawork AI Partner App Nexawork AI will also launch the Nexawork AI Partner App, expected in the first quarter of 2027, so referral partners can refer businesses to the platform and handle enquiries and introductions in one place. Partners can register their interest at nexawork.ai.
Larger digital transformation projects Alongside the programme, Nexawork AI is helping established companies digitise through larger projects, each scoped and priced on its own and separate from the RM19,900.00 Starter Pack. They include Vorahome, a home services platform founded by Alan Foong, Vincent Wong and Ivan Hiew Chin Woon; and Big Ben Dining Group, a food, entertainment and technology dining concept founded by Bengemen Tan Boon Yong.
How to apply To claim the programme, a business needs an official Programme Code from the Nexawork AI sales team. Founders, project owners and businesses can apply at nexawork.ai or approach any Nexawork AI Sales Manager across Southeast Asia. A salesperson will contact them to confirm the fit and issue the code, which opens the scoping session; the sales team verifies each business through its code and uses it to track every approved project. The programme is open while it lasts, until Nexawork AI announces its close, and codes, like places, are limited each month. Hashtag: #NexaworkAI #WorkLessWinMore #DigitalTransformation #CustomSoftware #AIforBusiness #AIAgents #SMEMalaysia #SMEDigitalisation #SoftwareDevelopment
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About Nexawork AI
Nexawork AI is building the AI Business Operating System for solo entrepreneurs, small teams and established businesses in Asia: one platform to run your work and your business. Money and legal commitments always wait for a human. The platform is in beta with design partners and is expected to launch by the second quarter of 2027. Nexawork AI was co-founded by Allen Tan Chee Hoe, its Chief Executive Officer, and Sky Wee, its Chief Business Development Officer. Work Less. Win More. AI Does the Rest. nexawork.ai
About Eco Bee Biotech and Eco Bee Shop
Eco Bee Biotech and Eco Bee Shop is a Malaysian bee biotechnology, conservation and wellness enterprise founded by Cathie Tan in 2002. It develops Kelulut (stingless bee) honey, propolis and other wellness products, and in 2026 was recognised by ASIA Records and ASEAN Records for its alcohol free halal Kelulut propolis extract. Bee conservation is at the heart of its mission, including its planned Eco Bee Nature Exchange, guided by its philosophy: Save Bees, Empowering People, Pure Quality. beeshop.com.my
About Lavie System Solutions
Lavie System Solutions, led by Lai Yu Long, is a Johor based development company founded in 2008 that builds custom software, enterprise and point of sale systems and online stores. lvss.com.my
About Healing Mind Group
Healing Mind Group is a training provider led by Lee Hong Rui, who brings experience in finance and corporate management, a background in process transformation and trainer accreditation with HRD Corp. It helps SMEs map their business workflows, identify operational gaps and prepare their teams to adopt systems that improve productivity.
About Dova Space
Dova Space, led by Debbie Hew Sio Yee and Hew Khai Rin, is a holistic health and wellness centre offering personalised, data driven care. It brings Traditional Chinese Medicine, modern medical expertise, natural healing and advanced medical devices under one roof, with a strong focus on sleep health: sleep care consultations, sleep quality and autonomic nervous system assessments, home use medical devices and long term sleep management programmes. Better Sleep. Better Health. Better Living. dova.space
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