Arabian Post Staff -Dubai Azizi Developments has begun preliminary work on workforce accommodation projects in Dubai and Sharjah designed to house more than 31,000 people, with phased completion scheduled through late 2027. The developer’s largest planned community, at Al Sajaa in Sharjah, will accommodate more than 20,000 residents across 36 residential buildings. Site preparation is expected to start later this month, while enabling and shoring works are […]
Ethereum climbed nearly 5% as substantial purchases by large cryptocurrency holders and a recovery in Bitcoin helped lift digital asset prices following a sharp market sell-off. Ether, the native cryptocurrency of the Ethereum blockchain, traded around $2,480 on October 16, registering a gain of approximately 4.6% over 24 hours, according to CoinGecko data. Trading volume reached about $14.48 billion, while its market capitalisation approached $302 billion. The […]
French President Emmanuel Macron has promised tougher security measures and prosecutions after nationwide demonstrations over living costs descended into arson, looting and clashes with police, intensifying political confrontation ahead of next year’s presidential election. Macron condemned the destruction following an emergency meeting on Sunday, while stopping short of imposing a state of emergency. His intervention came as police confronted fresh disturbances in Paris and municipal authorities assessed […]
Signing of strategic collaboration agreement deepens collaboration on PCIM Asia Shanghai, opening international opportunities for microelectronics companies
HONG KONG SAR – Media OutReach Newswire – 19 October 2026 – From efficient power supply for artificial intelligence (AI) data centres to precision control in smart robotics, power electronics is enabling the next wave of industrial innovation. Hong Kong Science and Technology Parks Corporation (HKSTP) and PCM Asia Shanghai signed a strategic collaboration agreement at Hong Kong Science Park to strengthen their collaboration on PCIM Asia Shanghai, Asia’s premier exhibition for power electronics exhibition.
Together, the two organisations also co-hosted the “Power Electronics Innovation Across Asia” seminar, bringing together international technology companies, academics from local universities, innovators and investors to explore advances in power electronics and power semiconductors, as well as trends and opportunities shaping Asia’s industrial future.
Deepening Cross-Boundary Collaboration to Expand International Market Access
The partnership aims to extend professional exchange into sustained collaboration across the innovation and technology (I&T) ecosystem. By combining the corporate networks, industry platforms, and regional strengths of HKSTP and PCIM Asia Shanghai, the partnership will foster knowledge exchange and industry collaboration across power electronics, semiconductors, electrification and renewable energy.
Through annual cross-boundary exchange activities, coordination meetings, and showcasing opportunities for start-ups, innovative solutions and ecosystem participants, the two parties plan to raise the international profile of emerging technologies and ventures, and help companies to build vital market connections.
The collaboration will also strengthen Hong Kong’s role as a hub for strategic partnerships and bring together international research institutions, integrated circuit (IC) design houses, technology developers and investors, while providing access to the manufacturing capabilities in the Greater Bay Area (GBA) and the Chinese Mainland, driving technologies from R&D, device design and prototyping, and pilot production to market adoption.
Mr Terry Wong, Chief Executive Officer of HKSTP, said: “We are entering an era where AI is ubiquitous, embedded in vehicles, factories, power grids, communications networks and smart devices. None of these systems can function without efficient power conversion, power control and power management. That is why power electronics is becoming one of the most important enabling technologies of the next industrial era. With Hong Kong’s strengths in design-led electronics and the manufacturing capabilities of the Greater Bay Area, HKSTP provides an end-to-end pathway from research and prototyping to pilot production, manufacturing and market adoption. Through our partnership with Messe Frankfurt on PCIM Asia, we can help innovators raise their international profile, connect with new partners and expand into global markets. Together, we aim to build Hong Kong into a leading centre for research, design and system integration in power semiconductors, and strengthen its role as a regional gateway for global power microelectronics collaboration.”
Mr. Richard Li, Executive Director of Messe Frankfurt (HK) Ltd cum Chairperson of the Board of Management, Guangzhou Guangya Messe Frankfurt Co Ltd, said, ‘With 25 years of history, the PCIM Asia series of events has consistently brought together power electronics companies, engineers, and researchers from Asia and around the world. After having held in Shanghai and Shenzhen, PCIM Asia has built a professional exchange platform focusing on power semiconductors, intelligent motion control, renewable energy, and energy management. Meanwhile, Hong Kong possesses outstanding R&D capabilities and global business network, backed by the robust manufacturing base of the Guangdong-Hong Kong-Macao Greater Bay Area. HKSTP has attracted over 300 micro-e companies and has been equipped with comprehensive infrastructure for R&D, prototyping and pilot production. Leveraging Messe Frankfurt’s global exhibition resources as well as the local industrial ecosystem of HKSTP, this strategic collaboration aims to connect Hong Kong’s research capabilities with the Asian power electronics industry. It will elevate the industry exposure of the city’s innovative technologies, and promote long-term sustainable partnerships among industry partners in the Chinese mainland, Hong Kong, and the world”
Connecting Research with Industry Needs in AI and Advanced Energy Applications
The event attracted representatives from industry, academia and the wider I&T ecosystem. Through keynote presentations, expert discussions, technology demonstrations, company pitches and talent networking session, the event explored opportunities to bring power electronics innovations to market.
Experts from international technology leaders, including Mitsubishi Electric, Infineon Technologies, Bosch, STMicroelectronics, Murata, SMC and Vtech, as well as scholars from four local universities discussed AI data centre power supply, smart robotics and advanced energy applications. Discussions focused on translating power semiconductor and intelligent control technologies into integrated, market-ready solutions.
On-site showcases featured gallium nitride (GaN) motor drives, silicon carbide (SiC) chips and power modules, and advanced packaging solutions for AI data centres, intelligent robots and energy systems. The exhibits highlighted how microelectronics can improve energy efficiency and support emerging industries, while creating opportunities for researchers, technology companies and industry partners to collaborate.
Strengthening the Pathway from Research to Pilot Production
HKSTP is home to more than 300 microelectronics companies. Its facilities—including the Hardware Lab, Sensor Packaging and Integration Lab, Heterogeneous Integration Lab and Pilot-Scale Manufacturing Lab—support companies across design, prototyping, and trial production.
Located at the Microelectronics Centre in Yuen Long InnoPark within the Northern Metropolis, the Hong Kong Microelectronics Research and Development Institute (MRDI) supports semiconductor product development and trial production through its pilot lines, helping accelerate the translation of research into practical applications.
HKSTP is also advancing the Microelectronics Centre expansion project (MECX), which will provide approximately 7,500 square metres of additional floor space to attract and support companies across the semiconductor value chain, fostering industry clustering and collaboration.
Hashtag: #HKSTP #PCM
The issuer is solely responsible for the content of this announcement.
CHANGSHA, CHINA – Media OutReach Newswire – 19 October 2026 – Co-produced by Hunan Satellite TV and Mango TV and created by Wang Qin Studio, Season 4 of the food and cultural tourism program Go Where Flavors of Hunan Abound premiered on October 12, 2026, and is airing simultaneously on Hunan Satellite TV and Mango TV from Monday to Thursday at 7:30 p.m.
Under the theme “A Season of World-Class Landscapes,” the new season focuses on the development of the Greater Zhangjiajie International Tourism Area. Host Wang Han leads the program’s food exploration team through Zhangjiajie, Cili, Jishou, Fenghuang, Changde, Shaoyang and Huaihua, presenting a cultural tourism journey that connects local cuisine with spectacular landscapes and the stories of the people who call these places home.
Connecting Landscapes Through Food
The opening episode takes viewers to Zhangjiajie, beginning with the towering Bailong Elevator before following the hiking trails along Golden Whip Stream. International tourists encountered along the way share that Zhangjiajie was their planned first stop in China. Zhangjiajie welcomes more than one million international visitors annually from over 190 countries.
Yet the destination’s international appeal extends beyond its extraordinary scenery. It also lies in the flavors nurtured by the land and the people whose lives are rooted in it.
In Longweiba Village, young entrepreneurs who have returned to their hometowns are rediscovering local ingredients such as kudzu root and vine tea, incorporating them into coffee and bingfen, a traditional chilled jelly dessert. Their creations bring new life to familiar mountain flavors and introduce them to younger generations.
In Cili, local cuisine reveals stories passed down through generations. The dish known as Yanghe Dumi carries a history of mutual support dating back to 1935. After receiving help from their neighbors during difficult times, local residents cut pork tripe into rice-sized pieces to prepare a dish that could be shared among more people. The recipe became a lasting reminder of community solidarity.
The team also visits a centuries-old tree associated with the Red Army and samples Xikou beef. Revolutionary commanders He Long and Xiao Ke once held a pre-battle mobilization meeting at the site. The ancient tree, which survived a lightning strike, embodies the resilience of the local community, a quality echoed in the firm, chewy texture of Xikou beef. Together, the stories and flavors reveal the enduring spirit of the mountains.
Discovering the People Behind the Flavors
At Jixiang Rice Noodle Shop in Jishou, owner Wang Jixiang has been running her business for 35 years. The shop serves four varieties of rice noodles with a selection of toppings. Among them, rice noodles topped with stir-fried pork and fermented chili offer a distinctive combination of sour and spicy flavors characteristic of western Hunan.
The journey continues along the Wanrong River and across Xinnü Bridge, adorned with wish plaques, before reaching the creative home of the Miao folk band Miao Ren San Man.
The band members moved from their mountain village to town to support their children’s education and earn a living by running a business, but they never abandoned their musical aspirations. Performing their original song Calling to the Mountains in a Miao village, they express a longing to reach a mountaintop together and release their deepest frustrations through a collective shout.
In Fenghuang, restaurant owner Xiao Yang offers another example of how local culinary traditions are finding new audiences. After leaving military service, he worked as a tour guide and discovered that many visitors knew little about Fenghuang’s distinctive local cuisine.
He subsequently introduced Miao-style smoked pork trotters in sour soup, a specialty of the La’ershan area, to a wider market, making modest adjustments to suit broader tastes while preserving its traditional character.
Wang Han also shares the history of Miao sour soup, which he learned about when first tasting the dish. During the migrations of their ancestors, the Miao people often faced shortages of supplies, including salt. They fermented green vegetables and relied on sour flavors for seasoning. Over time, sour soup became a culinary reminder of those journeys.
Today, the distinctive fermented flavor continues to evolve as it is paired with an increasingly diverse range of ingredients. Rather than remaining unchanged, traditional recipes continue to thrive through new interpretations, connecting generations of people to the land and its history.
Connecting Local Journeys with the World
One distinctive feature of the fourth season is the introduction of a food-tasting panel at each destination, bringing together local residents, visitors from other regions and international guests.
After sampling the dishes, panel members vote to select the “Hunan Flavor Signature Dishes.”
Among the selected specialties are claypot rice with farm-raised Chinese giant salamander and Tujia-style Sangun Wawa from Zhangjiajie; Xikou beef and Lao Sizhong rice noodles from Cili; and Fangyuan rice noodles and smoked pork trotters in sour soup from Fenghuang.
This interactive format demonstrates how people from different cultural backgrounds can experience and interpret the same dish in their own ways.
The towering sandstone peaks of Zhangjiajie, the Loushui River in Cili, the Wanrong River in Jishou, and the Tuojiang River, Hongqiao Bridge and traditional stilt houses of Fenghuang together form the scenic landscape of the Greater Zhangjiajie International Tourism Area.
Meanwhile, rice noodles, cured meats, sour soup and distinctive local delicacies bring warmth, flavor and everyday life to these natural and cultural landscapes.
About Season 4 of Go Where Flavors of Hunan Abound
Under the theme “A Season of World-Class Landscapes,” Season 4 of Go Where Flavors of Hunan Abound focuses on the Greater Zhangjiajie International Tourism Area and adopts a two-episode format for each destination.
The first episode, focusing on rural and mountain flavors, takes viewers hiking, exploring lesser-known destinations and participating in local challenges while visiting ordinary households to discover traditional home-cooked dishes.
The second episode explores the culinary life of urban neighborhoods, visiting long-established restaurants, discovering local food traditions and featuring signature dishes prepared by experienced chefs.
Landscapes provide the setting, while local flavors bring the stories to life. By bringing together China’s distinctive natural scenery and authentic regional cuisine, Go Where Flavors of Hunan Abound presents the Greater Zhangjiajie International Tourism Area to international audiences as a vibrant destination rich in culture, character and culinary heritage.
The issuer is solely responsible for the content of this announcement.
PARIS, FRANCE – Media OutReach Newswire – 18 October 2026 – At the 2026 Paris Motor Show, Clifford Kang, Board Member and Vice President of SERES Group, announced that AITO plans to officially enter the European market in autumn 2027, marking another major step in its global development. With deep respect for Europe’s automotive heritage, AITO looks forward to collaborating and growing with partners around the world.
In China, AITO has earned the trust of over 1.2 million customers. Globally, in Brand Finance’s Automobiles 100 2026 ranking, AITO ranked among the world’s top 10 luxury automotive brands and was the No.1 Chinese luxury automotive brand by brand value, making it the only Chinese automotive brand.
Driven by its philosophy of “Intelligence Redefining Luxury”, AITO is committed to bringing together traditional luxury and technological luxury to create an elevated intelligent mobility experience.
“AITO stands for ‘Adding Intelligence to Auto’. We believe a vehicle should be a mobile intelligent agent that understands you and responds to your needs. That is why we introduced our brand philosophy, Intelligence Redefining Luxury. It is our interpretation of what New Luxury means for AITO,” said Clifford Kang, Board Member and Vice President of SERES Group. “We come with deep respect for Europe’s automotive heritage. We come to collaborate and grow with partners around the world. And we come with our philosophy: Intelligence Redefining Luxury.”
As AITO strengthens its global presence, it looks forward to working with partners across the value chain to build a healthy automotive ecosystem, foster mutual growth and bring intelligent luxury mobility to more customers around the world.
Hashtag: #AITO
The issuer is solely responsible for the content of this announcement.
CHENGDU, CHINA – Media OutReach Newswire – 18 October 2026 – ISYUN, a leading professional Chinese trendy hair dyeing brand, officially announced today that renowned versatile artist and global icon Victoria has been appointed as its Global Brand Ambassador. Marking a milestone strategic move in the brand’s history, this partnership reflects a deep synergy between both parties’ commitment to professional excellence and modern fashion philosophy. The collaboration signifies ISYUN’s accelerated global expansion pace, bringing high-quality at-home hair dyeing and care solutions to the worldwide market, while delivering a brand-new, professional home-styling choice to beauty consumers across Southeast Asia.
China’s Professional Hair Care Brand ISYUN Announces Victoria song as Global Brand Ambassador, Accelerating Global Expansion with Strategic Focus on Southeast Asia
For consumers across Southeast Asia and beyond, Victoria is widely recognized as an influential Asian artist boasting immense popularity and public affinity. Having debuted early in her career as the leader of the top-tier girl group f(x), she established a profound fan base and widespread public recognition throughout Southeast Asia, backed by her solid performance skills, refreshing yet sophisticated personal image, and distinct style identity. Throughout her career, Victoria has consistently approached her artistic endeavors with a rigorous and professional attitude, expanding her footprint into diverse fields including acting, music, and fashion. By continually pushing her own boundaries across Asia, she has cemented her status as a powerhouse of both substance and aesthetic style through her exceptional fashion expression and steady delivery of high-caliber work. Whether effortlessly pulling off sharp, sophisticated professional looks or interpreting dynamic, trendy styles, her daring spirit to break boundaries and pursue meticulous detail perfectly aligns with ISYUN’s brand DNA of “Professionalism, Fashion, and Texture,” while echoing the brand’s dedicated craftsmanship in the hair-coloring sector. As Global Brand Ambassador, Victoria will join hands with ISYUN to champion the brand philosophy of “One Step Closer to Hair Color Freedom,” enabling more consumers—including those in Southeast Asia—to experience the convenience and joy of salon-quality hair care at home.
A Decade of Professional Excellence and Omni-Channel Growth Since its inception in 2013, ISYUN has consistently focused on addressing the core pain points of consumers’ at-home hair coloring experiences, deeply cultivating the niche sector of trendy hair dyes while dedicating itself to creating professional, cutting-edge hair-coloring products tailored to Asian skin tones. Over the past decade, the brand has maintained deep insights into the personalized hair color demands of diverse consumer groups, keeping pace with global beauty trends to continuously expand its trendy color matrix. Currently encompassing six major color families with over twenty distinct shades—ranging from versatile everyday brown tones to highly personalized trendy hues—the brand fully satisfies expression needs across varying scenarios and styles.
Driven by stable product quality and an exceptional user experience, ISYUN has earned widespread recognition and affection from millions of young consumers in the Chinese market. In terms of channel layout, the brand has built an integrated omni-channel sales network: its offline footprint has successfully entered over 10,000 mainstream trendy retail stores nationwide, covering core consumer touchpoints, while its online presence maintains a leading position within the hair-dye category across major e-commerce platforms, backed by sustained sales leadership and stellar user reputation. Furthermore, ISYUN serves as the exclusive official designated professional hair care brand for the China Fashion Week, a testament to its industry-wide product acclaim.
Get Victoria’s Look: Catching the Trend with the All-New “Oxygen Cool Brown” In tandem with the global ambassador announcement, ISYUN is concurrently launching the exact hair color worn by Global Brand Ambassador Victoria: the “Oxygen Cool Brown.” Addressing the industry-wide pain point where traditional hair dyes cause damage during coloring, ISYUN’s product development has always centered on the core concept of “Hair Dyeing and Care in One.” Utilizing the brand’s proprietary essential oil special blending technology, plant-derived extracts such as argan oil, jojoba seed extract, and camellia seed oil are packaged in independent capsules, ready to be poured and mixed directly into the color cream during application. This delivers a simultaneous dyeing and conditioning experience that leaves hair smooth and lustrous post-application, effectively taming frizz and ameliorating post-dye dryness.
The newly introduced “Oxygen Cool Brown” shade—matching Victoria’s stunning hair look—is crafted precisely around the product’s superior color-rendering advantages. The translucent cool brown base blended with natural misty undertones flatters all skin tones while brightening overall complexion, seamlessly adapting to both daily commuting and leisure gatherings as a versatile, high-end, yet practical trendy color. Accompanied by an elegant floral fragrance, the product comprehensively optimizes the at-home coloring sensory experience, breaking public stereotypes regarding pungent chemical odors associated with hair dyes.
Tapping into the Booming Southeast Asian Beauty Market In recent years, Southeast Asia’s beauty and personal care market has experienced continuous expansion, with the rise of younger consumer cohorts driving rapid growth in personalized cosmetic demands. Among these segments, at-home hair care products have emerged as a prominent growth driver in the Southeast Asian market, favored for their operational flexibility, high cost-performance ratio, and diverse stylistic expressions. Simultaneously, Southeast Asian consumers are raising their expectations for hair-dye formulations: demanding both precise color rendering optimized for Asian skin tones and integrated nourishing properties to minimize hair damage. ISYUN’s launch of its global ambassador strategy—exporting mature hair-dye and care portfolios to international markets—precisely meets the soaring demand for professional at-home hair solutions across Southeast Asia.
A senior spokesperson for ISYUN stated, “Signing Victoria as our Global Brand Ambassador marks a vital milestone in our journey toward broader international markets. Victoria’s professional attitude and fashion influence enable us to precisely connect with our core consumer demographic, infusing fresh, trendy vitality into the brand. Leveraging her cross-cultural influence across Southeast Asia, ISYUN will more efficiently engage local youth demographics and communicate our core professional ethos and product value.”
Looking Ahead: Expanding Global Horizons Looking ahead, ISYUN will continue to collaborate with Global Brand Ambassador Victoria to uphold its brand DNA of “Professionalism, Fashion, and Texture,” continually sharpening its product competitiveness and color innovation. The brand remains committed to delivering diverse hair-coloring solutions that integrate trendiness with deep nourishment, bringing the founding vision of “One Step Closer to Hair Color Freedom” to life. As its global footprint steadily expands, ISYUN will continue monitoring the hair characteristics and aesthetic demands of consumers across different global regions, continuously optimizing its offerings to bring professional, convenient, and healthy at-home hair care experiences to more consumers worldwide, collectively exploring new frontiers in home hair-styling aesthetics.
Hashtag: #ISYUN
The issuer is solely responsible for the content of this announcement.
Technology companies, start-ups and financial technology ventures could help lift India-UAE bilateral trade to $200 billion, a diplomat told a Dubai forum, identifying opportunities beyond established trade.
Vishnu Vardhan Reddy, Consul General of India in Dubai and the Northern Emirates, said innovation, renewable energy, defence and space technology could contribute to the next phase of economic expansion. He was addressing the Innovators and Investors Series organised by the Indian People’s Forum on October 16.
The proposal comes as both governments pursue a target of $200 billion in bilateral trade by 2032. Trade reached $101.25 billion during India’s 2025-26 financial year, exceeding $100 billion for a second consecutive year, according to official figures.
Reddy urged businesses and investors to establish partnerships capable of taking emerging enterprises into international markets. Investment in technology businesses, he argued, could create additional commercial activity while linking the UAE’s capital providers with enterprises developing products and services in India.
His remarks were an assessment, not a new government commitment or forecast backed by contracts. Achieving the target would require substantial expansion across multiple sectors, including those already accounting for the largest share of bilateral commerce. The $200 billion figure is a bilateral merchandise trade ambition, not a valuation of technology investments or start-up fundraising.
India’s exports to the UAE totalled approximately $37.36 billion in 2025-26, while imports were about $63.89 billion. The UAE remained India’s third-largest trading partner and second-largest export destination. India was the UAE’s second-largest trading partner, according to diplomatic trade data.
The technology emphasis follows a September meeting of the UAE-India High Level Joint Task Force on Investments, where officials agreed to advance work on local-currency settlement, payment-system integration and central-bank digital currencies. Those initiatives are intended to make financial transactions and cross-border commerce more efficient. Officials also discussed cooperation in financial infrastructure, an area where payment interoperability could lower friction for businesses operating in both markets.
The task force also examined investment proposals involving manufacturing, food processing and logistics. Projects discussed included an integrated aluminium complex proposed for Odisha, a food park in Gujarat and opportunities for aviation and logistics development at Dholera.
At the Dubai forum, speakers called for greater participation by UAE investors in start-ups seeking financing, commercial partnerships and access to international customers. The gathering connected entrepreneurs with businesses and potential financial backers.
Two enterprises, JE Plus Healthcare and University Living, presented their business models. JE Plus Healthcare focuses on distribution and logistics for healthcare products, while University Living provides accommodation services for students studying away from home. Both were seeking investment to expand their operations. Their presentations illustrated the range of businesses seeking support, from physical supply chains to digital services for international customers.
Actor and investor Vivek Oberoi told participants that unsuccessful investments were part of entrepreneurship and that investors needed to recognise the lessons associated with business failures. He said he had invested in 35 companies, with mixed results across his portfolio.
Jitendra Vaidya, national president of the Indian People’s Forum, said stronger two-way investment could support commercial ties between the countries. The organisation’s business representatives encouraged investors to examine opportunities in technology, artificial intelligence, machine learning and robotics.
Mahesh Advani, convenor of the forum’s business council, urged UAE investors to consider start-up financing. Piyush Jhunjhunwala, co-convenor of its business and professional council, identified technology-led businesses as a potential destination for private capital.
Figures circulated at the event described a substantial start-up and venture investment ecosystem in India, including companies operating in financial services and advanced technology. However, the figures covered different categories of businesses and financing activity, making direct comparisons difficult without consistent definitions and reporting periods.
The bilateral trade framework rests on the Comprehensive Economic Partnership Agreement, which entered into force in May 2022. It reduced trade barriers across numerous product categories and provided a platform for wider business cooperation. Trade volumes nevertheless remain sensitive to energy prices, demand conditions and changes in the composition of imports and exports.
Government initiatives now include Bharat Mart, intended to support access to markets, and a Virtual Trade Corridor designed to simplify trade processes. Both form part of efforts to improve the movement of goods and information between the two economies.
The Dubai forum was organised by the Indian People’s Forum, a community organisation that also conducts business and professional networking activities in the UAE.
Arabian Post Staff -Dubai Kuwaiti-founded Tap Payments has climbed to 13th place in the 2026 Forbes Middle East Fintech 50, gaining 11 positions over two years and securing a third consecutive appearance on the regional ranking. The payments technology company rose from 18th position in 2025 and 24th in 2024, reflecting a sustained improvement in its standing among financial technology businesses operating across the Middle East and […]
ConnectWise has suspended its Cloud Backup service and disabled seven application identities after attackers exploited compromised vendor credentials to gain unauthorised access to Microsoft 365 customer environments, disrupting backup and restoration operations. The company confirmed on October 18 that scheduled backups remained suspended, restoration facilities were unavailable and additional cloud management services had been temporarily taken offline while investigators examined the security breach. ConnectWise said it disabled […]
Arabian Post Staff -Dubai Dubai Municipality has introduced comprehensive advertising content guidelines aimed at improving the quality of outdoor advertisements, protecting the emirate’s visual identity and ensuring promotional displays complement its evolving urban landscape. The Advertising Content Regulation Guidelines for the Emirate of Dubai establish unified standards governing advertising messages, creative designs and visual presentation. The framework seeks to bring greater consistency to outdoor advertising while allowing […]
MILAN, ITALY – Media OutReach Newswire – 17 October 2026 – When Eastern car‑making heritage meets Italian‑infused lifestyle, a new China‑Europe mobility dialogue is set to unfold in Milan. On October 20, FAWCAR will host its new‑model launch event in Milan, Italy. Bringing a portfolio of five SUVs, FAWCAR officially enters the Italian market, drawing on seven decades of car‑making expertise to address diverse local mobility and lifestyle needs.
Five SUVs unveiled together, with product positioning covering multiple scenarios
The launch will showcase SUVs spanning three powertrain options: ICE (internal‑combustion engine), BEV (battery‑electric) and plug‑in hybrid (PHEV).
Three ICE‑powered models target finely‑defined market segments: BESTUNE B70S, featuring sporty styling and robust performance, caters to young users who prioritize handling and aesthetic appeal; BESTUNE T77, with compact dimensions and high space efficiency, is tailored for urban commutes and day‑to‑day family use; BESTUNE T90, boasting generous interior space, is ideal for long‑distance family road trips and intercity travel.
The new‑energy offerings are equally compelling: the JOYEE S04, a battery‑electric SUV purpose‑built for urban commuting, leverages restricted‑zone (ZTL) access and low energy consumption to address Italy’s urban mobility pain points. The JOYEE S08 plug‑in hybrid SUV delivers ultra‑long driving range and robust power output to banish range anxiety, tackling challenging mountain terrain and standing as the perfect option for all‑scenario family journeys.
More than a car unveiling, a brand experience journey
FAWCAR empowers the Italian market with its seven‑decade car‑making heritage and multi‑energy technology portfolio. Centered on local mobility scenarios, FAWCAR delivers locally‑adapted products, meets diversified demands and brings high‑quality, full‑coverage mobility solutions to local users.
Media, KOLs and automotive professionals from multiple fields will gather in Milan to witness FAWCAR’s entry into the Italian market. The brand will also reveal its sales‑and‑service network across Italy as well as delivery plans.
October 20, see you in Milan.
Hashtag: #FAWCAR #SUV #Milan
The issuer is solely responsible for the content of this announcement.
By K Raveendran The Bharatiya Janata Party’s increasingly aggressive response to the agitation against Chief Election Commissioner Gyanesh Kumar reveals a political anxiety that its leaders are struggling to conceal. Behind the familiar display of confidence, accusations of opposition conspiracies and warnings about attempts to destabilise the government lies an uncomfortable reality: a movement that […]
Vietnam has set a target of at least 10% economic growth in 2027, with Prime Minister Le Minh Hung outlining an ambitious development programme aimed at accelerating investment, raising productivity and maintaining macroeconomic stability.
Addressing the National Assembly in Hanoi on Saturday, Hung presented the government’s economic objectives for next year, including inflation of approximately 4.5%, gross domestic product per capita of $6,100 and labour productivity growth of 8.6%.
The proposed targets form part of 45 socioeconomic indicators submitted to lawmakers as the government seeks to sustain rapid expansion while addressing structural weaknesses, administrative bottlenecks and pressures on public finances.
Hung said achieving double-digit growth would require stronger coordination between fiscal and monetary policies, more effective mobilisation of investment resources and substantial improvements in the business environment.
The government intends to make science, technology, innovation and digital transformation central drivers of economic expansion, alongside institutional reforms designed to improve productivity and encourage private investment.
The announcement follows an earlier parliamentary resolution establishing average annual GDP growth of at least 10% as the national objective for 2026-2030. The 2027 proposal translates that broader ambition into specific annual targets and policy priorities.
Vietnam’s economy expanded by an estimated 9.01% during the first nine months of 2026, according to figures cited in a government resolution issued this month. The performance provides a foundation for next year’s target but also underlines the additional acceleration required.
The government has identified infrastructure development, industrial modernisation and improvements in investment procedures as essential to sustaining expansion. Hung emphasised that economic growth must be accompanied by inflation control and stability in the country’s principal financial balances.
Authorities plan to accelerate public investment disbursement, particularly for strategic infrastructure projects, while addressing delays in project approvals and implementation. Greater efficiency in allocating public resources is expected to support the government’s development priorities.
Private enterprise is also expected to assume a larger role. The administration wants to remove regulatory obstacles, improve access to productive resources and create more favourable conditions for businesses operating across different sectors.
The policy programme places considerable emphasis on improving the quality of growth rather than relying exclusively on expanding investment. Productivity gains are expected to become increasingly important as Vietnam pursues higher economic output and stronger competitiveness.
Hung’s presentation identified institutional reform as a central requirement for implementing the government’s objectives. Ministries and provincial administrations will be expected to translate national targets into specific responsibilities, implementation schedules and measurable outcomes.
The government also intends to strengthen coordination across administrative levels, improve public-sector accountability and address persistent obstacles affecting investment and business operations.
Maintaining price stability represents another important element of the programme. The proposed consumer price inflation target of approximately 4.5% reflects the administration’s intention to balance expansionary economic measures against the need to protect purchasing power.
Fiscal policy will consequently face competing demands from infrastructure investment, public services and social welfare commitments. Monetary authorities will also need to support productive activity without undermining financial stability.
The government’s economic programme includes measures to strengthen domestic production, improve supply chains and encourage technological adoption. These priorities are intended to support industrial competitiveness and reduce constraints on productivity.
Digital transformation features prominently in the development strategy, with authorities seeking broader application of technology across public administration and economic activity. The approach links improvements in government efficiency with efforts to modernise businesses.
The prime minister also stressed the importance of mobilising resources more effectively, including investment capital, land and other productive assets. Better allocation of these resources is expected to help overcome barriers to growth.
Social development remains part of the proposed framework. The government aims to reduce the multidimensional poverty rate by between one and 1.5 percentage points during 2027, while improving living standards and maintaining essential public services.
The targets were presented during the opening of the second session of the 16th National Assembly, which is examining the government’s assessment of economic performance in 2026 and its proposed development programme for the following year.
The broader policy framework also covers environmental protection, national security and international economic integration, alongside measures to strengthen the country’s administrative institutions.
A Communist Party Central Committee decision governing the 2027 budget framework calls for state budget revenue to increase by approximately 9.1% compared with the estimated 2026 outcome.
It also provides for savings of 5% from public investment allocations and 10% from specified recurrent expenditure categories, directing additional resources towards priority projects and social welfare programmes.
Arabian Post Staff -Dubai EFG Hermes UAE has launched market-making and liquidity provision services on the Abu Dhabi Securities Exchange (ADX), extending its brokerage operations to support trading activity and improve liquidity in selected listed securities. The company, regulated by the UAE’s Capital Market Authority, announced the expansion on Friday, saying it would place buying and selling orders under exchange rules and regulatory requirements. The initiative is […]
Katie Zacharia has been removed as White House press secretary after just five days in the position, following mounting scrutiny of her professional credentials and a troubled debut briefing that raised questions about her suitability for the high-profile role. President Donald Trump indicated on Friday that he had encouraged Zacharia to reconsider her position, expressing concern about the criticism she had encountered since assuming responsibility for the […]
Meta has released Muse Spark Open, an artificial intelligence model designed to operate on Apple’s Mac Studio computers following a collaboration between the two technology companies. The open-weight system, unveiled on Thursday, contains 816 billion parameters and can run locally across two Mac Studios equipped with Apple’s M5 Ultra processors. Its release allows developers to download the model’s underlying weights rather than depend exclusively on remotely hosted […]
Recognition highlights SPEED’s commitment to advancing digital procurement through innovation, stronger governance and technology-driven solutions.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 October 2026 – SPEED (Sistem Perolehan Elektronik Dinamik), operated by CDC International Sdn Bhd (CDCi), has been recognised in the Innovative Tech Companies of the Year category at the Asia Corporate Excellence & Sustainability (ACES) Awards 2026, marking another milestone in the company’s efforts to advance digital procurement through technology-driven solutions.
The recognition reflects SPEED’s continued development as an integrated digital procurement ecosystem designed to help organisations modernise procurement processes, strengthen governance and improve operational efficiency.
At the centre of this achievement is SPEED, a digital procurement solution designed to modernise procurement practices by integrating advanced technology, streamlined workflows and data-driven capabilities to enhance efficiency, transparency and accountability.
Beyond process automation, SPEED incorporates capabilities such as real-time analytics, electronic bidding and intelligent procurement tools to support informed decision-making, strengthen procurement oversight and improve supplier engagement. Through its centralised platform, SPEED integrates supplier management, sourcing, procurement administration and reporting, enabling organisations to streamline end-to-end procurement activities while enhancing visibility, compliance and governance.
Chief Executive Officer of CDC International (CDCi), Putri Nurul Ida Yahya, said the recognition reflects the company’s continued focus on developing practical technology solutions that address organisational needs.
“Technology innovation must deliver meaningful value beyond system capabilities. Through SPEED, our focus is on helping organisations establish more structured, efficient and accountable procurement practices while ensuring that technology continues to evolve alongside their operational needs,” she said.
She added that the award provides further encouragement for CDCi to continue strengthening SPEED’s capabilities, particularly in intelligent procurement, system integration and data-driven solutions. Beyond technological advancements, SPEED also supports wider supplier participation through structured onboarding and management processes, enabling businesses of different sizes to access procurement opportunities within a more transparent and inclusive environment.
Moving forward, CDCi remains committed to enhancing its solutions to support organisations in adopting more adaptive, accountable and technology-enabled procurement practices.
The issuer is solely responsible for the content of this announcement.
CDC International Sdn Bhd
SPEED (Sistem Perolehan Elektronik Dinamik) is a governance-driven digital procurement platform designed to support the full procurement lifecycle within a secure and scalable environment. Deployed across statutory bodies and institutional organisations in Malaysia, it enables structured procurement execution, policy compliance and audit readiness, while connecting procuring entities to a nationwide supplier ecosystem. SPEED is developed, implemented and operated by CDC International Sdn Bhd, a Malaysian enterprise solutions provider specialising in system-led procurement governance.
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Hong Kong property developer New World Development is holding preliminary discussions with banks to extend an approximately HK$88 billion ($11.2 billion) loan by two years, potentially clearing the way for a capital injection.
The proposed arrangement would require unanimous approval from participating lenders and could facilitate a rights issue intended to strengthen the heavily indebted company’s finances, according to people familiar with the private negotiations.
New World is considering repaying approximately 10% of the loan principal as part of the extension, with a target of completing the arrangement before January. That would represent roughly HK$8.8 billion in repayments, although the proposed terms remain subject to negotiations.
Discussions are at an early stage, and the conditions could change before any agreement is reached. There is no certainty that the banks will approve the extension or that the company will proceed with a subsequent equity fundraising.
The negotiations follow months of efforts by the Cheng family, New World’s controlling shareholder, to develop a financial support package for the property group. A potential rights issue or share placement could be announced as early as November, provided the necessary arrangements are finalised.
A rights issue would allow existing shareholders to purchase additional shares, usually in proportion to their holdings. Such a transaction could provide fresh capital without immediately increasing the company’s borrowing, although shareholders declining to participate would face dilution.
The proposed loan extension concerns financing arranged in 2025 through one of Hong Kong’s largest corporate refinancing transactions. That agreement followed prolonged negotiations with creditors as New World sought to avert a potential default and manage substantial repayment obligations.
Under the earlier restructuring, lenders agreed to extend the maturity of approximately HK$63.4 billion in borrowings originally due in 2025 and 2026 by three years. Loans maturing from 2027 onwards retained their original repayment dates, subject to additional credit protection and collateral requirements.
A further two-year extension would give the developer additional time to manage repayments while pursuing equity financing and asset disposals. The precise maturity schedule and interest terms of any revised arrangement have not been publicly established.
New World’s latest financial disclosures underline the importance of securing lender support. Total debt stood at approximately HK$143.3 billion at the end of June 2026, down HK$2.7 billion from the previous financial year.
Net debt nevertheless increased by HK$6.2 billion to HK$126.3 billion, while the company’s net gearing ratio rose to 68.3% from 58.1%. The figures indicate that its balance sheet remains under pressure despite efforts to reduce gross borrowings.
The group reported approximately HK$17 billion in cash and bank balances and HK$15.8 billion in undrawn banking facilities at the financial year-end, giving it total capital resources of about HK$33 billion.
Those resources provide liquidity for operations and financial commitments, but they are considerably smaller than the outstanding debt burden. Access to banking facilities also remains subject to their contractual conditions.
New World’s annual revenue declined to approximately HK$20 billion from HK$27.7 billion a year earlier. However, core operating profit increased to HK$7.7 billion from approximately HK$6 billion, reflecting an improvement in underlying operating performance.
The company reported HK$2.23 billion in net profit from recurring operations, compared with a HK$1.23 billion loss in the preceding year. Gross financing costs fell 15% to HK$6.3 billion.
Its board decided against paying a final dividend for the financial year ended June 30, preserving resources as management continued its financial restructuring programme.
Alongside discussions with banks, New World has pursued exchanges of outstanding securities to lengthen its repayment profile. On October 14, the company indicated that it expected to issue approximately $189.1 million in new secured notes maturing in 2032 following the early results of a debt exchange offer.
The developer has also been restructuring property commitments. At the end of September, it announced arrangements to surrender its operating rights for the 11 SKIES commercial development near Hong Kong International Airport.
The agreement involves a HK$2.3 billion termination payment to the Airport Authority and additional works and services obligations, with the latter subject to a specified cost ceiling.
For the financial year ended June, New World recorded approximately HK$29.6 billion in attributable contracted sales from property developments and asset disposals. Hong Kong accounted for approximately HK$22.1 billion, with mainland China contributing the remaining sales.
The company also reduced capital expenditure by 6% to HK$11.8 billion during the financial year.
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