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The closed-door session, hosted by Khalifa University of Science and Technology with Institute of Energy Economics Japan, reviewed progress under a multi-year framework that links laboratory research to commercial deployment. Participants focused on aligning research priorities with national transition goals in the United Arab Emirates and Japan while ensuring that projects move beyond pilot stages into scaled industrial use.

University officials said the meeting sharpened governance around joint programmes that span hydrogen value chains, grid resilience, carbon management and next-generation manufacturing. The steering board assessed ongoing work on hydrogen carriers and utilisation pathways, including ammonia and synthetic fuels, alongside studies on carbon capture, utilisation and storage that integrate process design with life-cycle analysis. Industry representatives pressed for faster timelines and clearer pathways to demonstration, citing capital discipline and the need for predictable policy signals.

Energy systems dominated the agenda as both countries seek to balance security, affordability and emissions goals. Japan’s import-dependent energy mix and the UAE’s role as a major producer and exporter create complementary incentives for collaboration, delegates noted. Research teams presented updates on high-efficiency electrolysers, advanced catalysts and thermal management, with an emphasis on reducing costs and improving durability under desert and maritime operating conditions.

Another thread centred on digitalisation and artificial intelligence in energy operations. Joint projects are examining how data-driven optimisation can cut losses across generation, storage and transmission, and how digital twins can accelerate plant design and maintenance. Academic leaders argued that co-developed datasets and shared testbeds are essential to attract industrial partners and ensure interoperability across markets.

Advanced materials and manufacturing featured prominently, reflecting interest from automotive, aerospace and heavy-industry partners. Researchers outlined progress in lightweight alloys, composites and coatings designed to withstand extreme temperatures while lowering energy intensity. Industry participants flagged workforce readiness as a bottleneck, urging expanded exchange programmes and co-supervised doctoral tracks to build skills that translate quickly to factory floors.

The steering board also reviewed funding structures and intellectual property frameworks. Both sides reaffirmed commitments to balanced IP arrangements that protect proprietary know-how while enabling publication and talent development. Officials highlighted the importance of predictable co-funding cycles to keep multi-year research teams intact and to de-risk private investment in demonstration assets.

Abu Dhabi’s role as host underscored the emirate’s ambition to serve as a convening hub for applied research and industrial partnerships. Delegates toured university laboratories and pilot facilities to evaluate readiness for scale-up, with particular attention to safety standards and integration with industrial sites. Discussions touched on regulatory alignment and standards development, areas seen as critical to shortening time-to-market for cross-border technologies.

Japanese participants emphasised the value of long-term academic partnerships in sustaining innovation during market cycles. They pointed to the need for rigorous techno-economic assessments to guide policy and investment decisions, and for transparent metrics to track emissions impacts across supply chains. UAE counterparts highlighted the opportunity to test solutions at scale and under demanding conditions, offering feedback loops that can refine designs before global deployment.

Beyond energy, the meeting explored collaboration in water-energy nexus research, climate-resilient infrastructure and systems engineering for smart cities. Presentations examined desalination efficiency, waste-to-value pathways and the integration of distributed resources, reflecting broader industrial interests in sustainability and circularity.

Accordingly, VinFast has signed strategic MoUs with its first partners in Indonesia, including K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. These partners have long-standing experience in the distribution of automobiles and motorcycles, strong professional operational capabilities, deep market understanding, and the ability to rapidly deploy operations in line with VinFast’s standards.

VinFast will begin rolling out its distribution network in the Jabodetabek area — Indonesia’s largest economic and urban center — from the second quarter of 2026, with plans to expand to other regions nationwide.

In Indonesia, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including VinFast Evo, VinFast Feliz II, VinFast Flazz and VinFast Viper, alongside additional new models to be launched in due course. The product lineup has been carefully engineered and calibrated to suit Indonesia’s tropical climate, dense urban traffic conditions, and everyday commuting patterns.

Throughout 2026, VinFast aims to further expand its footprint to hundreds of authorized dealerships and service workshops nationwide. The Company’s development strategy in Indonesia is designed as an integrated ecosystem, combining retail and after-sales networks, financing solutions, charging and battery-swapping infrastructure through cooperation with V-Green, and partnerships with leading financial institutions.

Prior to this announcement, VinFast had unveiled its strategy to internationalize its electric two-wheeler business and signed agreements with dealers in the Philippines. According to its roadmap, the Company will accelerate expansion across five priority markets in 2026, namely the Philippines, Indonesia, India, Thailand, and Malaysia. These countries represent high-growth economies with substantial urban mobility demand and a clear transition toward sustainable transportation solutions.

Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Indonesia is a strategic market in VinFast’s global e-scooter expansion journey. Partnering with leading local dealers underscores our partners’ confidence in VinFast’s product quality, service standards, flexible battery-swapping model, and long-term vision. We are committed to accompanying Indonesian consumers on their transition toward a greener, smarter, and more sustainable future of mobility.”

Indonesia stands among the world’s largest motorcycle markets, characterized by rapid urbanization, high population density in major cities, and increasing policy and consumer momentum toward environmentally friendly transportation. These structural factors create substantial headroom for the growth of the e-scooter segment. Indonesian dealers have expressed strong confidence in VinFast’s long-term potential in the country, citing its comprehensive green mobility ecosystem, large-scale manufacturing capabilities, and proven ability to execute swiftly across multiple international markets.

After two years of presence in Indonesia, VinFast has introduced a broad range of electric vehicles, from electric SUVs to models optimized for transportation services, and has commenced operations at its Subang facility. Concurrently, the Company has expanded its integrated ecosystem, including dealership and after-sales networks, charging infrastructure in collaboration with V-Green, and partnerships with leading banks and financial institutions. Through pioneering and customer-centric policies, VinFast continues to lower barriers to EV adoption and enable Indonesian consumers to participate in the global green mobility revolution.

Hashtag: #VinFast

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

By Dr. Gyan Pathak The Supreme Court of India ordered extension of time for objections in West Bengal SIR by a week from Feb 14, which in the notified date for publication of the final electoral roll for the state. It has pointed out problem with the “software” that is being used in the Special […]

The article Supreme Court Orders Extension Of Time For Objections By A Week In Bengal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

2025 Annual Results – Financial Highlights

(Figures for the corresponding period in 2024 are shown in brackets)

• Consolidated revenue: HK$1,046million (HK$695million)

• Consolidated net loss attributable to equity holders of the Company:
  HK$69 million (HK$230million)

• Basic loss per share: 3.38 HK cents (11.29 HK cents)

• No final dividend (No final dividend)

Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) has announced its annual results for the year ended December 31, 2025.

The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted to HK$ 1,046 million, representing an increase of 51% compared to the revenue of HK$ 695 million in 2024.

The consolidated net loss attributable to equity holders of the Company for the year of 2025 was HK$ 69 million, compared to the net loss of HK$ 230 million in 2024.

Basic loss per share for 2025 was 3.38 Hong Kong cents compared to the loss per share of 11.29 Hong Kong cents for the previous year.

The Board of Directors has not recommended the payment of a final dividend for the year ended December 31, 2025.

In 2025, PCPD achieved robust full-year results, driven by the sustained surge in international travel across our key Asian markets, our operational strengths, and the continued recognition of our high-quality portfolio. This performance was underpinned predominantly by contributions from two segments: Park Hyatt Niseko, Hanazono, our hospitality business in Hokkaido, which delivered a notable rise in occupancy and revenue, and our ski and recreation operations in Niseko, Hokkaido, which also saw a surge in demand and revenue.

Park Hyatt Niseko, Hanazono, our hotel operations in Hokkaido, delivered a robust performance in 2025, as the boom in Japan‘s tourism sector continued throughout the year, again with record-breaking tourist arrivals. The average occupancy rate of Park Hyatt Niseko increased by 4 percentage points.

During the winter season of 2024/2025, total ski-lift and gondola rides increased 9% year-on-year. The travel surge continued to drive robust demand for our recreational business in Niseko well beyond the cold months.

In Phang Nga, Thailand, the Group has sold or reserved 40% of Phase 1A villas. The Group’s revenue from its property development in Thailand totalled HK$14 million for the year ended December 31, 2025, compared to no revenue in 2024.

We formed a strategic alliance with Hotel Properties Limited in Singapore to bring a Four Seasons Resort and Branded Residences to the prestigious integrated resort community of Aquella in Phang Nga. The move represents a significant milestone in PCPD‘s long-term vision of transforming Aquella into a visionary integrated resort destination that effortlessly blends luxury living, recreation and exceptional service.

In Jakarta, Indonesia, the occupancy of our premium commercial building, Pacific Century Place, Jakarta (“PCP Jakarta”), was stable throughout the year, and the project remained a consistent revenue contributor to the Group. As of December 31, 2025, the office space committed occupancy was 87%, compared to 85% in the previous year.

Development of the superstructure of the Group‘s project at 3–6 Glenealy, Central, Hong Kong, has been progressing well. We have reached a key structural milestone, with the superstructural work now completed and installation of the curtain walls progressing at pace. The name of the development has also been unveiled as “Central Residence by the Park”, and its completion is scheduled for the first half of 2026.

In the long run, we remain cautiously optimistic about the long-term outlook for property sectors in Hong Kong, Japan, Thailand and Indonesia. With PCPD‘s disciplined execution and proactive risk management, we have confidence in our ability to drive continued growth and deliver sustained value.

Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “We will maintain our prudent yet proactive approach, allocating resources carefully and pursuing value-enhancing initiatives. Our priority remains to drive sustainable growth, improve profitability, and deliver solid returns to shareholders and stakeholders.”

Hashtag: #PacificCenturyPremiumDevelopments

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

About PCPD

Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium-grade property investments. PCCW Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.