News related to
unit

North Korean operatives are using stolen identities, artificial intelligence and networks of overseas facilitators to secure remote technology jobs at US companies, exposing weaknesses in corporate hiring systems while generating money for Pyongyang. A year-long investigation into the operation found that workers linked to North Korea have infiltrated American businesses by assuming the identities of US citizens, creating convincing professional profiles and using AI tools to help […]

Lionel Messi returned to action four days after the death of his father, but his comeback could not prevent Inter Miami from being eliminated from the Leagues Cup after a 3-2 defeat by Club León in Florida. Messi entered as a substitute at Nu Stadium on Wednesday, August 12, following several emotionally demanding days during which he travelled to Argentina for the funeral of his father, Jorge […]

The FBI and NCAA have launched a joint effort to protect college athletes from hackers seeking private images and using stolen material for sexual exploitation, blackmail and online harassment. The initiative follows growing concern that athletes’ highly visible digital profiles are giving criminals more opportunities to identify targets, compromise accounts and obtain intimate photographs or videos. Attackers commonly use phishing messages, stolen or guessed passwords and PINs, […]

Recognition from the U.S. Green Building Council, Global Forum on Human Settlements, GEO Foundation, and Asia’s Top 100 Golf Courses — and what that recognition proves about the full picture of Forest City Special Financial Zone (SFZ).

JOHOR, MALAYSIA – Media OutReach Newswire – 13 August 2026 — Forest City, the master-planned development in Iskandar Puteri, has achieved nearly 40 international awards and certifications as of August 2026, covering sustainability, green-building design, golf-course environmental management, and hospitality, as well as community contribution.

Aerial view of Forest City in Iskandar Puteri, Johor — more than 60% of the master plan is dedicated to green space, spanning 2.86 million m² of parks, mangrove corridors and landscaped zones.
Aerial view of Forest City in Iskandar Puteri, Johor — more than 60% of the master plan is dedicated to green space, spanning 2.86 million m² of parks, mangrove corridors and landscaped zones.

These include eight awards under the Sustainable Cities and Human Settlements Awards (SCAHSA) series issued by the Global Forum on Human Settlements (GFHS), as well as a 2024 Certificate of Honor from GFHS; LEED for Core and Shell (LEED-CS) Gold pre-certification from the U.S. Green Building Council; GreenRE Gold ratings for Forest City Island and its international school; GEO Certified status for both golf courses from Scotland’s GEO Foundation; and a seven-year consecutive ranking for Forest City Golf Resort’s Classic Course among the Top 100 Golf Courses in Asia. In 2026, the Classic Course was ranked No. 1 in Malaysia and No. 36 in Asia.

The awards and certifications documented here address a specific set of criteria: design quality, sustainability standards, and operational assessments by independent institutions. This release provides a transparent account of the institutions that have assessed Forest City, the areas reviewed, and the limits of what such recognition can reasonably prove.

Sustainability and Green-Building Recognition

LEED-CS Gold pre-certification has been secured from the U.S. Green Building Council (USGBC) for multiple buildings, demonstrating that environmental performance was embedded in project planning from the outset. LEED pre-certification represents verified design intent and a formal commitment to sustainable performance criteria, including energy modelling, water efficiency, materials selection, and indoor environmental quality.

This design-stage commitment is reflected across the master plan, which dedicates over 60% of the total land area to non-built space, equivalent to 2.86 million m² of green infrastructure. This includes two golf courses, public parks, landscaped residential zones, and mangrove corridors extending along the Johor coastline — green space that, as of 2026, supports more than 400 officially documented species.

At the national level, Forest City Island and its international school have received GreenRE Gold ratings under Malaysia’s green real-estate framework, reinforcing the project’s alignment with recognised sustainability benchmarks at both international and domestic levels. Beyond building-level certifications, Forest City has received eight awards under the SCAHSA, issued by the GFHS, an international non-profit organisation in special consultative status with the United Nations Economic and Social Council. The documented recognition spans planning and design, green-building industrial development, city-industry integration, green smart city development, coastal ecological protection, low-carbon city planning, and green and intelligent construction, with awards recorded from 2016 to 2023. In 2024, Forest City also received a Certificate of Honor at the 19th Global Forum on Human Settlements from GFHS for its contribution to promoting sustainable cities and human settlements for all.

Award / Certification Issuing Body What It Certifies Status as Reported by Forest City
SCAHSA series, including green and intelligent construction recognition Global Forum on Human Settlements (GFHS, UN ECOSOC consultative status) Sustainable city planning and green construction Eight awards and a 2024 Certificate of Honor, with documented recognition from 2016 to 2023
LEED-CS Gold pre-certification U.S. Green-Building Council Core and shell sustainable building design Multiple buildings
GreenRE Gold GreenRE, Malaysia Green real-estate design and operation Forest City Island and international school
GEO Certified GEO Foundation, Scotland Sustainable golf-course operations Both golf courses

Golf and Hospitality Recognition

Forest City’s leisure and hospitality assets have also received external recognition, led by the continued performance of Forest City Golf Resort’s Classic Course in regional rankings. The Classic Course has maintained its position among the Top 100 Golf Courses in Asia for seven consecutive years, ranking No. 1 in Malaysia and No. 36 in Asia in 2026, a rise of 14 places from the previous year. The ranking is assessed by an independent panel co-hosted since 2016 by the Chinese and Korean editions of Golf Travel magazine and was reported by The Star on 26 April 2026 following the awards ceremony at Hillview Golf Club on 14 April 2026.

The hospitality component of the resort has also received platform-based recognition. Forest City Golf Hotel earned the Agoda Gold Circle Award 2025 based on service ratings and operational performance on the booking platform. Forest City regards the award as an encouraging indicator of its commitment to guest experience and service consistency, while noting that it reflects day-to-day hospitality performance rather than a measure of the wider development.

Additionally, both golf courses have earned GEO Certified status from Scotland’s GEO Foundation, which evaluates sustainable golf-course operations. GEO Certified is described by the GEO Foundation as “golf’s most comprehensive and widely recognised eco-label”, and is awarded following successful completion of the OnCourse programme and an independent audit. Collectively, these accolades attest to quality across golfing excellence, hospitality service, and environmental stewardship — recognition reflected in visitor engagement, with the resort welcoming more than 100,000 golfers in 2025.

Economic and Community Contribution

Forest City’s recognition record is supported by reported economic and social contribution figures. Internal records indicate that, as of November 2025, the development had contributed over RM790 million in taxes to the Malaysian government, alongside more than RM50 million in employee-related taxes.

More than RM53 million has been invested in charity and community programmes, including support for local schools and villages, and more than 10,000 direct and indirect jobs have been created.

According to Forest City’s internal records as of November 2025, the development has engaged more than 190 local enterprises, attracted property owners from over 20 countries and territories, and contributed to attracting an estimated 300,000 international visitors to Malaysia.

The Significance Behind These Awards

In 2018, Forest City was profiled by Forbes as one of the “5 new cities that are set to shake up the future”. While the coverage is now nearly eight years old, it underscores the project’s long-standing visibility in global urban development conversations, rather than serving as an endorsement of present-day investment returns.

Green-building certifications relate primarily to design and operational standards; the SCAHSA recognitions focus on planning and sustainability; and golf-course rankings evaluate course quality and related criteria.

For prospective residents and investors, the awards should therefore be treated as evidence of build quality, institutional engagement and assessed sustainability credentials, to be considered alongside current data on occupancy, demand, connectivity and market liquidity. Questions relating to the Special Financial Zone framework and connectivity — including the Johor Bahru–Singapore Rapid Transit System Link scheduled to open for passenger service on 1 January 2027 — should be assessed through dedicated materials, current market data and, where relevant, Forest City’s investment overview.

The Broader Impact of Awards and Recognitions

The relevance of Forest City’s awards and certifications varies by audience. For ESG-minded investors and institutions, the most relevant credentials are Forest City’s LEED-CS Gold pre-certification, GreenRE Gold ratings, and GFHS recognition. These are issuer-named credentials aligned with green-investment screening and can be reviewed alongside Forest City’s broader investment framework. For enterprises operating within the SFZ, this integrated environment — where land and marine ecosystems are carefully preserved — enhances environmental performance and strengthens sustainability credentials.

For prospective residents and families, the GreenRE rating for the international school and the golf and hospitality recognition for the resort may be more directly relevant to daily living than city-planning awards. These credentials point to quality — but prospective residents should also assess schools, amenities, transport, community facilities, and the broader facts about Forest City on the ground.

For Malaysia-market watchers, Forest City’s SCAHSA record and reported RM790 million tax contribution mark the development as a recognised case study in green development and city-industry integration. This recognition is a data point on the development’s institutional standing, not a forecast of its commercial outcome.

Conclusion

What the awards record does establish is something more specific. Forest City reports nearly 40 awards and certifications across named institutions, including the U.S. Green Building Council, the Global Forum on Human Settlements, the GEO Foundation, and the Top 100 Golf Courses in Asia panel. This is accompanied by reported contributions of more than RM790 million in taxes and the creation of more than 10,000 direct and indirect jobs. Prospective residents and investors should also consider Forest City’s position as the financial-services flagship within the Johor–Singapore Special Economic Zone, along with its duty-free island and Malaysia Digital Status.

The strongest claim the awards support is also the most modest one: that Forest City has been built and planned to a standard that named international institutions have repeatedly chosen to certify — which is a starting point for due diligence, not a substitute for it.
Hashtag: #ForestCity #SFZ #ForestCityAchievements #Malaysia

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

About Forest City Special Financial Zone

Located in Iskandar Puteri, Johor, Forest City Special Financial Zone (FCSFZ) is Malaysia’s first designated special financial zone and a key financial-services component of the Johor–Singapore Special Economic Zone. It is positioned to attract financial institutions, multinational corporations, high-net-worth individuals and businesses operating in wealth management, financial technology and global business services.

Its incentive framework includes a 0% income tax rate for qualifying Single Family Office Vehicles for up to 20 years, a preferential 5% corporate tax rate for approved qualifying activities, and a special 15% personal income tax rate for eligible knowledge workers, subject to the applicable conditions, regulatory approvals and prevailing legislation. Forest City also holds duty-free island status, further strengthening its appeal as a regional investment, business and wealth-management destination near Singapore.

Meta has deactivated 756,000 Facebook and Instagram accounts suspected of belonging to Australians under the age of 16 as enforcement of the country’s landmark social media restrictions intensifies. The company said 462,000 Instagram accounts and 294,000 Facebook accounts were removed between the period immediately before the rules took effect in December 2025 and June 2026. The figures represent one of the clearest indications yet of the scale […]

Zerohash is preparing to submit a narrower application for a US national trust bank charter after regulators returned its first filing without reaching a decision, creating a regulatory setback for the digital-asset infrastructure provider that powers cryptocurrency trading for Morgan Stanley’s E*Trade platform. The Chicago-based company expects to refile with the Office of the Comptroller of the Currency by the end of August, restructuring its proposal around […]

The Trump administration is intensifying economic pressure on Iran as Washington struggles to translate months of military operations into political concessions from Tehran. The strategy combines tighter sanctions, restrictions on oil exports and a renewed naval blockade while preserving the threat of further strikes. President Donald Trump’s government appears increasingly focused on weakening Iran’s ability to finance the state, military forces and regional operations rather than relying […]

Advertisements
  • New 20,000 sqm facility will more than triple Kuehne+Nagel’s Container Freight Station capacity in Cambodia
  • Strategic location strengthens cross-border connectivity between Cambodia, Thailand and Vietnam
  • Expanded facility supports customers in the consumer goods industry

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 13 August 2026 – Kuehne+Nagel has invested in a new Container Freight Station (CFS) in Phnom Penh, Cambodia. Scheduled for completion in June 2027, the facility will provide more than 20,000 sqm of warehouse space, helping customers manage growing trade volumes and move goods more efficiently within Cambodia and across the region.

Cambodia CFS groundbreaking event
Cambodia CFS groundbreaking event

Cambodia continues to strengthen its trade infrastructure, with Phnom Penh Autonomous Port handling around 600,000 TEUs and Sihanoukville Autonomous Port approximately 1.3 million TEUs in 2025. Complementing this growth, the new CFS is strategically located near key transport gateways, including both ports, Phnom Penh International Airport and cross-border road links to Thailand and Vietnam, facilitating cargo movements across the country and supporting regional logistics operations.

David Roussiere, Managing Director, Thailand, Cambodia and Myanmar, Kuehne+Nagel, said: “This investment will more than triple our CFS capacity in Cambodia and strengthen our logistics capabilities in the country. With direct access to key transportation gateways and regional trade corridors, the facility will support customers in the consumer good industry as they navigate evolving supply chains and growing trade opportunities across the region.”

Designed for cargo consolidation and handling operations, the new CFS will feature a raised-floor warehouse equipped with loading doors and dock levellers. It will offer a floor loading capacity of five tonnes per square metre and is expected to be certified to ISO 9001, ISO 45001 and ISO 14001 standards.

The facility will also incorporate sustainability features including solar panels, skylight roofing, LED lighting, battery-operated forklifts, water infiltration systems and rainwater management infrastructure.

The investment reflects Kuehne+Nagel’s continued focus on strengthening its logistics infrastructure in high-growth markets and supporting the expansion of regional and international trade.

Hashtag: #Kuehne+Nagel

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

About Kuehne+Nagel

With approximately 88,000 employees across over 1,300 sites in close to 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics providers. Headquartered in Switzerland and listed on the Zurich stock exchange, it is the global number one in Air and Sea Logistics and holds strong market positions in Road and Contract Logistics. Supporting around 400,000 customers worldwide, the Group draws on its global network, logistics expertise, and data-driven insights to deliver end-to-end supply chain solutions for global companies and industries.

The UAE’s new restrictions on social media access for children under 15 could reach far beyond conventional social networks, drawing gaming, streaming, education, ecommerce and other digital services into a widening child-safety compliance regime. Cabinet Resolution No. 106 of 2026 sets 15 as the minimum age for maintaining a personal social media account. Children below that threshold cannot create, use or operate covered accounts or access features […]

Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market — and that demand for it is rising worldwide.

SINGAPORE – Media OutReach Newswire – 13 August 2026 – Experts in premium residential real estate note that a distinct new category is forming at the top of the market, and that demand for it is rising around the world. Property market specialists describe the emerging tier as the presidence: a self-contained community of private residences bound together by shared infrastructure and anchored by a five-star hotel under an international brand — a format designed to be lived in and passed down across generations, rather than simply owned.

The trend reflects a structural shift in global wealth. According to Knight Frank’s Wealth Report 2026, the number of individuals worth more than US$30 million climbed from 551,435 to 713,626 between 2021 and 2026 — a gain of more than 160,000, equivalent to 89 people crossing that threshold every day. Forbes, meanwhile, records 3,428 billionaires worth a combined US$20.1 trillion.

This wealth is also increasingly mobile. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026 — a 16 per cent rise on the record 142,000 of 2025 — as affluent families build cross-border portfolios of homes and residence rights rather than tying themselves to a single jurisdiction. The appetite for professionally serviced, brand-anchored homes is visible in the development pipeline: Savills reports that the number of branded residential schemes worldwide grew 19 per cent in 2025, to around 910, and is on course to reach 1,747 by 2032, with the Middle East and North Africa the fastest-growing region over the past five years, at 187 per cent.

As the apex of the wealth pyramid rises, specialists say, demand at the very top is moving away from headline price-per-square-foot toward space, privacy, wellbeing, autonomy and a home that can be held and handed down across generations. The case for treating this as a distinct category was set out in a recent column by real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd and an adjunct faculty member at Singapore Management University, where he teaches Real Estate Investments & Finance.”Luxury residence has a new crown, and it has a name: presidence,” he writes.

According to the expert, a property of this kind should meet several defining criteria: it should occupy an exceptional location among peer residences, be built to the highest standards of quality, provide space, a healthy natural environment, security and self-sufficiency, and create a place where owners and their families can live out every stage of life — building careers, raising children, enjoying leisure, prioritising health and wellbeing, welcoming family and friends, and ultimately passing the home down through generations. Privacy in this case does not mean isolation: rather than retreating behind their own gates, members of the presidence become part of a carefully formed community of peers, surrounded by people with comparable values, interests and ways of life.

These principles are, in practice, being formalised into a fuller set of criteria that distinguish a presidence from a conventional luxury development. At its most complete, the format is defined by:

  • A five-star hotel operated by an international brand present in at least three countries, located within the development;
  • A single estate of 200 hectares (around 500 acres) or more;
  • Full-spectrum infrastructure within one perimeter — indoor and outdoor sport, a central clubhouse, wellness, dining, parks and natural areas, a medical centre, recreation and security, plus a lifestyle anchor such as a golf, equestrian or yacht club;
  • A clear separation of public and private zones, with residences kept behind their own multi-layered security perimeter and isolated from guest-facing spaces such as the hotel, restaurants and spa;
  • A 24/7 premium service model featuring a dedicated resident care team, concierge services, standardised service-level agreements (SLAs), and a digital platform for managing every household and lifestyle need;
  • A unified architectural code governing the style and coherence of every building on the estate;
  • An equal-neighbour principle, under which a community of like-minded owners who can enjoy privacy while remaining part of an engaging social environment is formed.

Fully integrated examples remain rare worldwide, and demand, specialists say, is running ahead of supply as the number of ultra-wealthy households continues to grow.

Hashtag: #property #realestate #residentialproperty #hnwi

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

Prosvet Communication Studio

Prosvet Communication Studio is a full-cycle communication studio working across PR and communications strategy, media relations and influence, personal branding, digital PR, events and production.

Cloudflare recorded a sharp escalation in high-bandwidth distributed denial-of-service attacks during the second quarter of 2026, mitigating 805 network-layer attacks that exceeded 1 terabit per second as attackers increasingly deployed overwhelming bursts of traffic against online infrastructure. The figure was more than six times the 130 terabit-scale attacks recorded during the first quarter. It brought the total number of attacks exceeding 1 Tbps during the first half […]

Swedish artificial intelligence start-up Lovable has raised $400 million at a $13.3 billion valuation, doubling its worth in less than a year as demand grows for tools that let employees build software using natural-language instructions. The Series C financing was led by Menlo Ventures and the Scaleup Europe Fund, with participation from investors including Balderton Capital, Carmignac, Tencent, World Innovation Lab and Regent. The transaction lifts Lovable’s […]

Arabian Post Staff -Dubai Bangladesh Railway has received the first rake of 19 customised Linke Hofmann Busch broad-gauge passenger coaches manufactured at the Rail Coach Factory in Kapurthala, advancing a 200-coach procurement programme aimed at modernising its passenger fleet. The rake rolled out on August 12 with three air-conditioned sleeper coaches, three air-conditioned chair cars, 11 non-air-conditioned chair cars and two power cars. The coaches have been […]

Iran has reshaped its military leadership around battle-tested hardliners and ordered stronger offensive capabilities as negotiations with the United States remain deadlocked, signalling that Tehran is preparing for a prolonged confrontation rather than an early settlement to the Gulf war. Supreme Leader Ayatollah Mojtaba Khamenei has appointed six senior commanders across the Armed Forces General Staff, Islamic Revolutionary Guard Corps and Basij, placing veterans with extensive operational, […]

Google has unveiled its Pixel 11 smartphone range with higher starting prices, a new Tensor G6 processor and deeper Gemini integration, placing artificial intelligence at the centre of its latest challenge to Apple and Samsung. The Pixel 11 starts at $899, while the Pixel 11 Pro is priced from $1,099 and the larger Pixel 11 Pro XL from $1,299. All three models are available for pre-order and […]

North Korea-linked hackers exploited a previously unknown Windows vulnerability to gain the highest level of system privileges while targeting defence, aerospace and aviation organisations across several countries. The flaw, tracked as CVE-2026-68820, affects the Windows Ancillary Function Driver for WinSock, known as AFD. sys. Microsoft patched the vulnerability on August 11 after it was found being actively exploited as part of the long-running Operation Dream Job cyber-espionage […]

Arabian Post Staff -Dubai OpenAI has launched Inference Residency in the UAE, allowing eligible organisations to run artificial intelligence model inference on graphics processing units located within the country while using its enterprise and developer services. The move strengthens local control over sensitive AI workloads as government bodies and regulated industries expand their use of generative AI. The service is available to eligible customers using OpenAI’s API, […]

Food & Drink is now the fastest-growing category among Airbnb Experiences in Indonesia by search demand, with Bali emerging as the top spot for culinary bookings.

BALI, INDONESIA – Media OutReach Newswire – 12 August 2026 – For many travelers, exploring local culinary traditions is the trip itself. New Airbnb data highlights the popularity of culinary Experiences across Indonesia, with both domestic and international travelers seeking out food-led activities for a more authentic taste of the culture.

Left: Chef Arnold Poernomo | Right: Chef Reynold Poernomo (Airbnb)
Left: Chef Arnold Poernomo | Right: Chef Reynold Poernomo (Airbnb)

Since its launch, Food & Drink has become Airbnb Experiences’ third-most-popular category in Indonesia, behind only Nature & Outdoors and History & Culture[1]. Bali sits at the heart of this culinary interest, with over 90% of all culinary Experience bookings in Indonesia taking place on the island1.

Guest feedback backs this up. Indonesia’s culinary Experiences carry a 4.94 average rating, with reviewers most often reaching for words like “authentic,” “traditional,” “hands-on,” “local,” and “family”[2].

The appetite extends beyond Experiences, too: searches for Airbnb homes with kitchen amenities in Indonesia are up over 20% year-on-year[3], suggesting that more guests are choosing stays where they can cook together and recreate the local flavours they discover during their trip.

Amanpreet Bajaj, Airbnb’s Country Head for Southeast Asia & India, said, “Today’s travelers are increasingly looking for experiences that help them connect more deeply with the places they visit, and food has become one of the most meaningful ways to do that. Whether it’s shopping at a neighbourhood market, learning a family recipe, or cooking together in an Airbnb, these moments create lasting memories while supporting local communities. Through Airbnb Experiences, we’re proud to help travelers discover Indonesia in a way that feels more personal, immersive, and connected to local culture.“

To spotlight this growing appetite for culinary travel, Airbnb recently hosted a one-off Culture & Culinary Trail luncheon in Bali with renowned chefs Arnold and Reynold Poernomo — a chef-curated dining moment celebrating Bali’s culinary heritage through local ingredients and stories. The luncheon offered a preview of what travelers can already find on Airbnb Experiences: intimate sessions on local food culture, interactive dining sessions, and meals hosted by local chefs in Bali and beyond.

Arnold Poernomo said, “As chefs, we’ve always believed that some of the most memorable travel memories happen around the dining table. Food has a unique way of bringing people together and telling the story of a place through its ingredients, traditions, and the people behind them. By hosting this luncheon with Airbnb, we wanted to celebrate Bali’s rich culinary heritage and inspire travelers to look beyond the plate, to discover the culture, communities, and local stories.“

For Reynold Poernomo, the most memorable travel experiences often begin with discovering the people behind the food.

“For the more adventurous, go to the markets, and you’ll discover some unique produce that you’ll most likely not find in any other part of the world. That’s part of why we love what Airbnb Experiences does – it connects you directly with local hosts who can take you to those markets and show you ingredients you’d never find wandering on your own.”

The Poernomo brothers recommend three Airbnb Experiences worth booking on a Bali trip:

As travelers continue seeking slower, more meaningful ways to explore destinations, Airbnb Experiences inspire visitors to discover a different side of Bali — through the people, ingredients, and stories shared around the table.

Disclaimer: All Experiences referenced are intended purely to inspire and illustrate. Airbnb does not recommend or endorse specific listings on the Airbnb platform.


[1]Based on Airbnb internal data of Experience categories across Indonesia

[2] Based on Airbnb internal data reflecting Q1 2026 average star ratings and 5-star rates for culinary Experiences in Indonesia, as well as the highest-ranking review keywords mentioned for culinary Experiences in Bali

[3]Based on Airbnb internal data of the most searched amenities for listings in Indonesia, comparing February–March 2025 to February–March 2026

Hashtag: #Airbnb #AirbnbExperiences #Travel #TravelTrends


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

Airbnb

About Airbnb

Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5.5 million hosts who have welcomed 2.5 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.

For more information, please contact:

Nicolette Koh, Airbnb – nicolette.koh

Maverick Indonesia –

HANOI, VIETNAM – Media OutReach Newswire – 12 August 2026 – Vinpearl has officially been named the strongest hotel brand globally in 2026 by Brand Finance, the world’s leading brand valuation consultancy, with its brand value surging 86% to US$381 million. This marks the first time a Vietnamese brand has claimed the No. 1 position in global hotel brand strength and entered the Top 50 Most Valuable Hotel Brands in the World. Vinpearl’s remarkable breakthrough not only elevates the stature of the company, but also helps establish a new position for Vietnamese tourism on the international stage.

Photo (1).png

With a Brand Strength Index (BSI) score of 95.4/100 and an AAA+ rating, Vinpearl has surpassed a host of renowned hospitality names to rank No. 1 globally in hotel brand strength.

The Brand Strength Index (BSI) score reflects a brand’s overall strength, encompassing investment performance, customer and partner consideration, and its ability to generate business value.

The AAA+ rating is the highest level in Brand Finance’s brand strength rating system.

Alongside its No. 1 ranking, Vinpearl’s brand value also recorded a record increase of 86% to US$381 million year on year, enabling the company to enter the Top 50 Most Valuable Hotel Brands in the World for the first time.

Vinpearl’s position in brand strength has been driven by accelerated growth across all areas of its operations.

Specifically, in terms of financial strength, in 2026, VPL shares were included in the VN30 Index. Vinpearl also successfully raised US$255 million from SeaTown Holdings, Oman Investment Authority and Vietnam Oman Investment.

In terms of market development, Vinpearl has continued to expand its global connectivity in 2026, signing strategic cooperation agreements with leading international and regional partners, including Agoda, AirAsia MOVE, BeMyGuest, GlobalTix, Klook, CAITO, Thomas Cook India, SOTC Travel, MakeMyTrip, IHG Hotels & Resorts and Marriott International, among others. These partnerships aim to increase international visitor flows and enhance service quality across Vinpearl’s system.

In terms of products and services, Vinpearl has continued to expand its multi-segment tourism, hospitality and entertainment ecosystem in 2026. Key initiatives include the launch of Vinpearl Legendlux, a six-star ultra-luxury hotel brand; the introduction of VinFun, a new-generation hotel brand designed to cater to a broader range of guests; the development of Vin New Horizon, a wellness and senior living offering; the premiere of the spectacular stage production “The Grand Epic of Vietnam”; and the launch of The Vietnam Grand WeddX 2026, a new-generation platform for exhibitions and industry connections in Vietnam’s wedding sector.

The collective efforts of the entire ecosystem in 2026 have driven Vinpearl’s remarkable rise in rankings, from being the leading hotel brand in Southeast Asia to becoming the strongest hotel brand globally .

Beyond Brand Finance, the strength of the Vinpearl ecosystem has also been continuously recognized by leading global tourism organizations and platforms. In 2026, VinWonders Nha Trang became the only representative from Vietnam to be included in the Top 100 Global Best Family-Friendly Attractions; Vinpearl Resort & Golf Nam Hoi An received the ASEAN Green Hotel Award 2026; while Vinpearl’s hotels and resorts and VinWonders properties have continued to receive recognition from Booking.com, Agoda and Trip.com, among others, through rankings and awards.

Recognition from the world’s leading tourism rating organizations serves as an important source of motivation for Vinpearl to further elevate its ecosystem, bringing destinations and experiences imbued with Vietnamese identity closer to domestic and international travelers. The company is moving toward its goal of becoming a leading global tourism and hospitality brand, while contributing to elevating Vietnam’s position on the world tourism map.

Hashtag: #Vinpearl

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

About Brand Finance

Brand Finance Plc is the world’s leading brand valuation consultancy, founded in 1996 in London, United Kingdom. It is the only company with a brand valuation methodology that complies with the ISO 10668 international standard for brand valuation, with a presence in more than 20 countries worldwide. Brand Finance reports are used by numerous countries, governments and leading global corporations.

Every year, Brand Finance conducts valuations of more than 70,000 brands worldwide. This marks the 10th year that Vietnam has been included among the countries whose brands are valued by Brand Finance, with Brand Finance Asia-Pacific, headquartered in Singapore, responsible for publishing the rankings.

About Vinpearl

Established in 2003, Vinpearl is Vietnam’s leading brand in tourism, hospitality, entertainment and experiential travel. After more than two decades of development, Vinpearl currently operates 62 properties across 20 provinces and cities.

Its ecosystem comprises 35 five-star hotels and resorts with more than 17,500 rooms; 15 VinWonders theme parks featuring a diverse range of attractions suitable for guests of all ages; six world-class golf courses; and four international-standard VinPalace convention centers and theaters.

The ecosystem also includes two semi-wildlife animal conservation and care parks and one equestrian academy, among other offerings. Particularly notable are Vinpearl’s impressive and distinctive “million-dollar” live shows, staged at destinations including Nha Trang and Phu Quoc, which attract millions of visitors each year.

Nintendo will begin officially selling the Nintendo Switch 2 and original Switch in Indonesia in December, giving the Japanese games company its first direct hardware presence in Southeast Asia’s largest economy while leaving a significant gap in its digital offering.

The December 2026 launch was announced by Nintendo executive officer Juro Takeuchi at a business conference in Jakarta. Distribution will be handled by PT Nusantara Interactive Niaga, part of the Salim Group, with Nintendo’s Singapore operation involved in the market rollout. Prices and a precise sales date have yet to be disclosed.

Nintendo’s move formalises a market that has for years relied heavily on imported consoles and third-party retailers. Switch systems and games have long been available in Indonesia through unofficial distribution channels, but an authorised presence should improve access to locally supported products, warranties and retail partnerships.

The expansion arrives more than a year after Nintendo launched the Switch 2 in its major markets. The successor to the original Switch has become a substantial part of the company’s hardware business, with cumulative shipments reaching 23.68 million units by the end of June. Nintendo shipped another 3.82 million Switch 2 consoles during the April-June quarter, while lifetime shipments of the original Switch exceeded 156 million units.

Indonesia offers Nintendo considerable scale. Estimates of the country’s gaming population vary considerably depending on methodology, platform and definition of an active player. Government-linked figures have previously placed the number above 174 million, while officials this year have cited more than 200 million active gamers. The market is valued at roughly $2 billion annually, although mobile gaming accounts for a large proportion of participation.

That mobile-heavy profile makes Nintendo’s challenge different from simply putting consoles into more shops. Smartphone games have built enormous audiences through free-to-play models, localised payment systems and low barriers to entry. Nintendo must persuade consumers to spend substantially more on dedicated hardware and premium software, while competing for attention with mobile titles, personal computers and rival console ecosystems.

One potential obstacle is the absence of a dedicated Indonesian Nintendo eShop when the hardware goes on sale. Buyers seeking digital games will not initially receive a local storefront alongside the official console launch. Players have commonly used Nintendo Accounts registered in supported territories to gain access to digital purchases, but that workaround is less convenient than a domestic store with local pricing and payment options. Nintendo has not given a timetable for introducing an Indonesian eShop.

The omission is commercially significant because digital distribution has become central to Nintendo’s software business. Digital sales reached 132.7 billion yen in the quarter ended June, up 90% from a year earlier, and represented 61.5% of dedicated video-game platform software revenue. That category includes downloadable packaged titles, download-only software, add-on content and Nintendo Switch Online.

Nintendo nevertheless has an advantage in Indonesia through established brand recognition. Franchises including Mario, Pokémon, The Legend of Zelda and Animal Crossing have maintained large followings even without a formal local hardware operation. Official distribution could also make it easier for major retailers to carry consoles, accessories and physical games with more predictable supplies and after-sales arrangements.

The timing gives Nintendo a new market as Switch 2 enters its second full year. The company is supporting the platform with a widening catalogue of first-party and third-party games while maintaining compatibility with much of the original Switch software library. Nintendo has said regular software releases are important to expanding the installed base, particularly as consumers decide whether to move from the original system.

Indonesia could also provide a test for Nintendo’s broader Southeast Asian strategy. The company already operates official services in markets including Singapore and Malaysia, but the region remains fragmented by differences in income, digital payments, retail infrastructure and consumer preferences. Indonesia’s size makes it attractive, while its dependence on mobile gaming and sensitivity to hardware pricing create a more demanding commercial environment.

Snowflake and Anthropic are expanding the use of AI agents across corporate workflows as businesses shift from experimental generative AI projects towards systems capable of analysing governed data and carrying out multi-step tasks inside production environments. The collaboration is increasingly centred on Snowflake Cortex Agents, which combine Anthropic’s Claude models with Snowflake’s enterprise data, governance and security infrastructure. The approach allows organisations to build agents that retrieve […]

BEIJING, CHINA – Media OutReach Newswire – 12 August 2026 – SOKOYO, a top manufacturer of solar street lights, has installed 252 sets of lighting units in QatarEnergy‘s solar power project in Ras Laffan and Masaieed in Qatar.

SOKOYO's installed in a municipal lighting project in an Asian country.
SOKOYO’s installed in a municipal lighting project in an Asian country.

Installation of SOKOYO‘s split solar street lights for the project being built by Samsung C&T Corp. was completed in July. The arrangement of solar panels was customized at the customer’s request for ease of maintenance.

“SOKOYO provided us with a specially customized solution for our power station,” said Ms. Kathy, senior procurement manager for Samsung. “The entire solar street lighting system consistently met our expectations for brightness, battery life and overall reliability.”

SOKOYO, founded in 2008, has manufactured more than 1 million lighting units installed in a wide range of settings across SoutheastAsia, Africa, the Middle East and Central Asia.

The company manufactures its own LED modules, solar panels, batteries, light housings and light poles. They have third-party certification for European Union and other safety and reliability standards, which qualifies them for export to global markets.

SOKOYO is regularly appointed to bodies that establish national and industry standards.

SOKOYO‘s product line includes all-in-one solar street lights, all-in-two solar street lights and split-type solar street lights. They can be controlled remotely with IoT technology to improve safety and efficiency. Using solar power makes them immune to disruptions in supplies of oil and gas.

As the industry evolves to focus on “system-level R&D,” SOKOYO is reducing customer costs by enhancing reliability and resistance to heat and cold. To improve efficiency, it is developing smart lighting and IoT applications. It is promoting modular production, intelligent manufacturing and standardized process management.

The research team has seven engineers, some with more than two decades of industry experience. They develop technology for a wide range of environments and customer needs.

SOKOYO has experience in markets including Thailand, thePhilippines, Pakistan, Saudi Arabia and Nigeria. It has developed technology to cope with heat, humidity, sandstorms and low light during extended rains, a challenge in central Africa and other areas.

In Uganda, SOKOYO supplied 1,000 light sets to help improve safety on a busy expressway between the capital, Kampala, and the eastern industrial center of Jinja. They provide the first nighttime lighting on a 22-kilometer section of road crowded with trucks, buses and motorcycles.

In Yemen and the United Arab Emirates, SOKOYO lights use LED modules developed to cope with heat, sun and sand.

The company supplied more than 2,000 light units to Saudi Arabia‘s planned high-tech city of NEOM as part of the Saudi 2030 Vision plan.

An aerial view of SOKOYO's industrial manufacturing park, supporting global B2B projects.
An aerial view of SOKOYO’s industrial manufacturing park, supporting global B2B projects.

Customers can use SOKOYO‘s test facilities to try out different light configurations. Lights can be tested on roads of up to four lanes in an1,100-square-meter darkroom. Designers and urban planners can ensure light is distributed effectively, eliminating dark areas on the road and improving safety.

Batteries are tested to confirm they resist crushing, heat and cold, vibration, overcharging or being dropped. LED modules are drenched in salt spray for up to 72 hours to make sure they resist corrosion.

SOKOYO has been chosen for bodies that formulated eight national and industry standards including the “General Technical Specification for Solar Photovoltaic Lighting Devices” in 2025 with definitions and standards for split-type and integrated solar devices.

SOKOYO products have third-party certification that they meet standards of the International Electrotechnical Commission (IEC) and other bodies.Its batteries meet the requirements of the CB scheme under the IEC, recognized in more than 50 countries. Tests confirm they withstand overcharging, high temperature, vibration, impact and short circuit.

The company‘s solar panels received IEC certification that they meet standards for electric shock protection, temperature changes, damp, heat, humidity, hail impact and other factors.

SOKOYO participates in efforts to improve the industry‘s reputation by promoting “zero false labeling” and reliable products that refuse to cut corners.

SOKOYO pays attention to the environment. Its products are designed to minimize light pollution and limit disruption for wildlife, stargazers and the public.

Hashtag: #SOKOYO

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

Dubai-based cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea and the Lazarus Group over the $1.5 billion cyberattack that emptied one of its wallets in February 2025, escalating its effort to recover assets from the largest cryptocurrency theft on record. The exchange has also secured a preliminary injunction from the US District Court for the District of Columbia that freezes identified digital assets linked […]

Arabian Post Staff -Dubai Shipping through the Strait of Hormuz remains severely constrained as faltering diplomatic efforts between the United States and Iran deepen uncertainty over one of the world’s most important energy corridors. Only eight vessels were tracked transiting the strait on Tuesday, compared with a 10-day average of about 12. Seven entered through Iranian waters and only one, a coal carrier, exited. The figures followed […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA