Polymarket has filed regulatory applications that could allow its United States prediction-market business to offer margin trading, a major step towards introducing leveraged event contracts to American customers. The applications were submitted to the National Futures Association on July 3 through PM Derivatives LLC. They seek registration as a futures commission merchant, membership of the industry regulator and approval to operate as a swap firm. Coming Home […]
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 10 July 2026 – Green SM has been recognized with two prestigious accolades at the HR Asia Awards 2026: “Best Companies to Work for in Asia – Vietnam” and the Technology Empowerment Awards. These achievements recognize the Company’s people-centric talent strategy, its commitment to empowering employees through technology, and its efforts to cultivate a unified organizational culture across its global operations.
Green SM representatives receive the “Best Companies to Work for in Asia – Vietnam” and “Technology Empowerment Awards” at the HR Asia Awards 2026.
The HR Asia Awards are among Asia’s most prestigious annual human resources awards, recognizing organizations that demonstrate excellence in workplace culture and sustainable people development. Winners are evaluated using the TEAM (Total Engagement Assessment Model), which measures employee engagement, organizational trust, and workplace experience, drawing on benchmarking data from more than 2.5 million employees across 20,000 organizations throughout the region.
According to the independent assessment conducted for the HR Asia Awards 2026, Green SM significantly outperformed market benchmarks in the “Best Companies to Work for in Asia” category, achieving outstanding scores across several key dimensions, including technology enablement in the workplace (4.8/5), workplace sustainability (4.71/5), and diversity, equity, and inclusion (4.72/5).
A defining element of Green SM’s workplace culture is its unwavering commitment to the principle that “Every Voice Counts.” This commitment is embedded through comprehensive employee engagement initiatives, including regular internal surveys, 360-degree performance evaluations, and multiple feedback channels that transform employee insights into tangible improvements in policies, workplace practices, and operational excellence.
At Green SM, talent development is viewed not merely as an HR function but as a strategic driver of service excellence. The Company continues to invest comprehensively in recruitment, professional training, operational standardization, workplace culture, and structured career development pathways for its Green Drivers. In parallel, Green SM delivers continuous capability-building programs for managers and employees, combining practical learning with digital learning platforms to strengthen leadership and management capabilities and organizational agility in an evolving business environment.
Alongside its investment in people, Green SM has been progressively building a unified organizational culture across its international markets. Rooted in values established in Vietnam while embracing the diversity of local cultures and communities, the Company fosters an environment that encourages collaboration, continuous learning, and empowerment. This enables teams across different countries to uphold consistent service standards while remaining responsive to the unique needs of local customers and communities.
Green SM also received the Technology Empowerment Awards in recognition of its continued digital transformation in human resource management. Through the digitalization of HR processes, the development of competency frameworks, the expansion of digital learning ecosystems, and the integration of data-driven people management, the Company has streamlined repetitive administrative tasks, enhanced decision-making efficiency, and enabled employees to devote greater focus to innovation, customer experience, and superior service delivery.
Mr. Nguyen Quoc Tuan, Global Chief Executive Officer of Green SM, said: “Our people have always been the cornerstone of Green SM’s sustainable growth. We believe that when individuals are empowered by technology and united by shared values, our teams across every market can deliver exceptional experiences for our customers. These two awards affirm the direction we have taken and further strengthen our commitment to building a truly multinational organization with its roots in Vietnam.”
In 2026, Green SM aims to expand its global workforce and partner network to approximately 400,000 people worldwide. As the Company continues to accelerate its international expansion, it will further invest in talent development and technology-driven people management to build a highly capable global workforce, maintain consistent service excellence across markets, and advance its vision of becoming the world’s leading green mobility platform.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Emrill has opened a central warehouse in Dubai’s Ras Al Khor district, consolidating materials storage and distribution to improve response times across its facilities management contracts in the UAE. The strategically located facility is expected to cut travel time across the company’s Dubai operations by as much as 12 minutes per journey on average. Emrill said the reduction would accelerate deliveries to client […]
By Nitya Chakraborty China is hosting the World Artificial Intelligence Conference (WAIC) in Shanghai on July 17 to 20 the deliberations of which are expected to decide the course of AI development globally as also the scope of AI governance as also collaboration for assisting AI growth in the developing countries. The four day session […]
Turkish Foreign Minister Hakan Fidan has accused Israeli Prime Minister Benjamin Netanyahu’s government of posing a threat to international security, sharpening Ankara’s criticism of Israel as diplomatic efforts continue to contain conflict across the Middle East. Fidan said Netanyahu’s policies had become a burden not only for Türkiye and the wider region, but also for Israel itself. He argued that the Israeli leader and his political allies […]
Search teams expanded operations in the Arabian Sea on Friday as five crew members remained missing after a K2 Airways cargo aircraft crashed while flying from Sharjah to Karachi. Pakistan Navy and Pakistan Maritime Security Agency units recovered additional debris during the third day of the operation, but the main fuselage, flight recorders and crew had not been located. Strong winds, shifting currents and poor underwater visibility […]
Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre. The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to […]
Space42 and Skylo Technologies have successfully tested two-way satellite text messaging and emergency alerts on standard Android devices in the UAE, moving direct-to-device connectivity through the Thuraya-4 satellite closer to commercial launch. The test linked an ordinary Android smartphone with a satellite messaging device, allowing SMS and SOS communications to travel in both directions through Space42’s next-generation mobile communications satellite. The companies said the connection required no […]
HONG KONG SAR – Media OutReach Newswire – 10 July 2026 – Cushman & Wakefield, a leading global real estate services firm, has won the Silver Prize in the Integrated Marketing category at the 12th Phoenix Tree Digital Marketing Summit 2026 and Awards Ceremony for its Vision & Value thought leadership campaign. The firm also won the Silver Prize in the ESG Marketing category for its “Earth Day Every Day” Earth Day campaign, plus the Bronze Prize for the Cushman & Wakefield Client Interview video series in the Video Marketing category.
Vision & Value Thought Leadership Campaign – In 2025, Cushman & Wakefield launched the Vision & Valuethought leadership campaign in Greater China. By conducting a range of marketing activities through multiple channels, including online social platforms and offline events, this initiative deepened Cushman & Wakefield’s ties and value proposition with clients and communities, significantly enhancing brand impact and demonstrating the firm’s market-leading position.
Earth Day Every Day ESG Marketing Campaign – To celebrate the 56th Earth Day, Cushman & Wakefield launched the Earth Day Every Day 21-Day Low-Carbon Challenge campaign, running from April 22 to May 13, in conjunction with Bottloop, a pioneer in recycling and environmental conservation. Centered on carbon-reduction check-ins via the WeChat mini-program, the campaign paired with promotion on social media channels including WeChat, Weibo, Zhihu and LinkedIn. It recorded 300+ check-ins, with reduced carbon emissions of 366.5 kg, and achieved more than 43,900 views across social media, reflecting an innovative initiative in ESG marketing.
Cushman & Wakefield Client Interview Video Series – The Cushman & Wakefield Client Interviewvideo series is a refined interview program launched via the Cushman & Wakefield WeChat Channel. With a format that blends expert dialogue with insights into real estate industry insights, the series targets key players in commercial real estate, property investment, urban renewal and associated fields. The series delivers a “talk show” for Cushman & Wakefield colleagues and clients, sharing industry trends through engaging conversation. The video series has reached more than 370,000 views, generating significant buzz in the industry and reinforcing our strong corporate branding.
KK Chiu, Chief Executive, Greater China, Cushman & Wakefield, said, “We are honored to receive such high recognition for our performance at the 12th Phoenix Tree Marketing Awards. This achievement reflects trust and respect from our clients, media, and the real estate community, and marks an important milestone in the growth of our marketing capabilities across Greater China. We will continue to deliver innovative and integrated marketing initiatives to strengthen our brand positioning and elevate our industry presence. Because at Cushman & Wakefield, better never settles.”
Founded in 2015 at the inaugural WMMS Global Mobile Marketing Summit, the Phoenix Tree Awards form part of the industry’s premier recognition for mobile marketing excellence. Judged by an independent panel of senior experts, the awards evaluate criteria including innovation, strategy, execution and impact, celebrating companies that set new standards in brand marketing. Over the years, they have evolved into a symbol of professionalism and prestige, renowned for honoring high-quality case studies that drive industry advancement.
Hashtag: #Cushman&Wakefield
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
Arabian Post Staff -Dubai Digital Dubai and the Emirates Group have signed a collaboration agreement to widen the aviation group’s access to Dubai’s government digital services, shared platforms and data. The agreement is designed to improve employee experience, accelerate internal processes and strengthen operational efficiency across a workforce of more than 130,000 people. It also creates a framework for systems integration, secure data exchange and wider use […]
By Paul Murray, CEO Life & Health Reinsurance, Swiss Re
SINGAPORE – Media OutReach Newswire – 9 July 2026 – Op-ed by Paul Murray, CEO Life & Health Reinsurance, Swiss Re.
Ten years.
That is roughly how long we have before many societies reach one of the most defining demographic tipping points of our era: the point at which the “new” silver economy (over 65’s) outnumber people aged 30-59 who have traditionally been the bedrock of the life and pensions system.
The intergenerational contract needs a re-write
The significance of this shift goes far beyond demographics.
It represents a symbolic moment that forces us to rethink the intergenerational contract: how we provide care and financial security for people as they move into later life – and how we finance a new set of needs.
The demographic evidence is already visible across major economies. In the US, adults aged 65 and over already outnumber children in 11 states. Singapore’s over-65 population has nearly doubled in a decade to 21%. Japan is approaching 30%. The UK, France and Germany are not far behind
These numbers are well-known. But their meaning is not yet fully reflected in our industry’s existing product strategy.
The tipping point is also more than a statistical curiosity. We will experience it through the decisions we make coming into retirement and to secure the future of the generation coming after us. We will need to make new choices on how we fund care. We will need to make new assumptions about when to retire. And we will face a new reality around how much of the financial burden falls on the state, families or the individual.
Families have always carried the weight of old age, even as pensions, healthcare systems and social care programmes have broadened that responsibility across society.
But the arithmetic underpinning the system is breaking. Globally, the ratio of working-age people financially supporting each person over 65 is projected to fall from around five-to-one in 2021 to three-to-one by 2050. Across developed markets, debates about pension reform, healthcare funding and retirement ages reflect the same underlying question: how do we maintain security and dignity later in life when there are fewer hands to carry the weight?
It’s not a crisis of demographics. It’s a crisis of design – our systems were built for shorter lives and larger workforces, and they haven’t been rebuilt for the world we are actually entering.
That insight matters because it challenges how we think about insurance’s role. I believe we have less than a decade to develop the products that the older consumers who make up the Silver Economy – and their families – will need.
There will be no silver bullet. We cannot return to a single solution based around family care versus public provision. The individual retiree will be the focus, but our thinking will need to be based on a more collaborative model in which families, governments, communities and the private sector work together.
Recent Swiss Re consumer research in France and Germany revealed something striking. People don’t think about later life in terms of pensions or insurance policies. They think about practical outcomes: staying independent, being resilient when health shocks hit, not becoming a burden to their children.
Our industry has spent decades optimising for wealth accumulation and income protection during working years. Ageing societies demand we apply the same rigour to what happens after.
That does not mean the intergenerational contract has failed. It means it is evolving.
We are already seeing what that evolution looks like in practice.
Senior health products in Asia are closing a real gap —The median age of cancer diagnosis is 67, yet many critical illness policies expire before retirement even begins. The result is high out-of-pocket expenses, stressed public healthcare, and increased burden on families. With dedicated products to cover later life illnesses, such as senior cancer products we are effectively closing a protection gap.
Long term care in France has had some success with private solutions alongside public provision. With over 1.4 million people covered by private long term care insurance, France has built a strong risk pool that directly addresses one of the strongest concerns expressed by consumers: not becoming a burden on the next generation.
Deferred annuities offer a third path beyond the binary “draw-down versus annuity” thinking. By combining flexibility today with guaranteed income later, they help transform longevity from an individual financial risk into one that can be shared more broadly.
At first glance these solutions appear very different. In reality, they are pieces of the same puzzle. Each expands the circle of support around the individual. They help families carry less of the burden alone, and they complement the work of state safety nets.
That is what the next evolution of the intergenerational contract looks like in practice.
Ageing societies are one of humanity’s great achievements. But if our products and institutions stay built for a demographic reality that no longer exists, achievement curdles into liability.
We have a decade to close that gap. Let’s treat it as a product-development window, not a deadline.
Disclaimer Certain statements and illustrations contained herein are forward-looking and are made for informational purposes only. These statements (including as to plans, objectives, targets, and trends) and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Readers are cautioned not to place undue reliance on forward-looking statements. Swiss Re undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Further information on forward looking statements and the use of information contained in this publication can be found in the Legal Notice section on Swiss Re’s website.
The issuer is solely responsible for the content of this announcement.
About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.
Belgium became the European Union’s third-largest air freight market in 2025 as cargo volumes at its airports climbed by almost 13%, strengthening the country’s role as a gateway for e-commerce, pharmaceuticals, express parcels and time-sensitive industrial shipments. More than two million tonnes of freight and mail passed through Belgian airports during the year, placing the country behind only Germany and France among the EU’s 27 member states. […]
European Parliament lawmakers have approved the revival of temporary rules allowing online platforms to voluntarily detect child sexual abuse material, while shielding end-to-end encrypted communications from the measure. The vote on Thursday did not approve unrestricted monitoring of private messages, as some social media posts claimed. Parliament backed a modified framework that permits companies to scan certain communications voluntarily but excludes encrypted services such as WhatsApp, Signal […]
Bharat Sanchar Nigam Limited has widened access to its satellite communication service with a rugged handset priced at ₹1,34,166, targeting users who operate beyond the reach of conventional mobile networks.
The state-owned telecom company said the device can provide voice calls and text messaging in isolated regions, including mountainous terrain, forests, offshore locations, mining zones and areas affected by natural disasters. The quoted handset price includes taxes, while customers must separately subscribe to an approved Global Satellite Phone Service plan.
The phone is being positioned primarily for defence units, maritime operators, emergency agencies, mining companies, remote infrastructure teams and adventure travellers. Unlike ordinary mobile phones, it communicates directly with a satellite rather than depending on nearby ground towers, allowing connectivity across large areas where terrestrial coverage is unavailable or unreliable.
BSNL’s announcement represents an expansion of an established service rather than the introduction of satellite calling for the first time. The company has offered voice and SMS connectivity through its Global Satellite Phone Service to the public and private enterprises since January 1, 2018.
The renewed commercial push comes as satellite communication assumes greater importance in disaster management and strategic operations. Cyclones, floods, earthquakes and landslides can damage mobile towers, sever fibre links and disrupt electricity supplies. Satellite phones provide an alternative channel for coordinating rescue teams, sharing field information and maintaining contact with command centres.
The service can also support personnel stationed along remote borders and crews operating far offshore. Mining, energy and construction businesses may use the handset at project sites where installing mobile towers or fibre infrastructure is technically difficult or commercially unviable.
BSNL offers separate plans for government and commercial customers. Post-paid monthly charges begin at ₹3,500 for government users, with 16 minutes of voice usage or an equivalent number of SMS messages included. Another government plan costs ₹5,835 a month and includes 30 minutes or messages.
The commercial post-paid package costs ₹11,670 a month and provides 60 minutes of calls or SMS messages. Once the included allowance is exhausted, government users pay ₹18 per minute or message, while commercial subscribers pay ₹25. Taxes are charged separately on the service plans.
Pre-paid options are also available. Government customers can choose a ₹3,500 monthly package carrying 20 minutes or messages, or an annual plan costing ₹38,500 with an allowance of 240 minutes or SMS messages. Commercial packages cost ₹5,835 a month for 30 minutes or messages and ₹64,185 a year for 360.
Additional pre-paid top-ups are available in denominations ranging from ₹200 to ₹10,000. The pricing underlines the specialised nature of the service and is likely to limit widespread consumer adoption, particularly when compared with conventional mobile connections and emerging satellite messaging features on premium smartphones.
Satellite phone ownership and use remain subject to strict security requirements. Subscribers must undergo the prescribed customer verification process and disclose where the handset will be used, the period of intended operation and the purpose for which it is required. These conditions are designed to maintain traceability because satellite devices can function independently of domestic terrestrial networks.
The communication transmitted through the Global Satellite Phone Service is encrypted. However, the service currently supports only voice calls and SMS, not high-speed internet access or the broader applications available on modern smartphones.
Customers have been advised to approach the nearest BSNL office for purchasing and activation details. Availability may depend on documentation, regulatory clearance, service eligibility and the user’s stated operational needs. The company has not announced a mass-market retail network or consumer financing options for the handset.
The move is distinct from direct-to-device satellite technology, which seeks to connect ordinary mobile handsets to satellites without requiring a dedicated satellite phone. BSNL has also worked with US-based Viasat on trials of direct satellite connectivity, including messaging and emergency communication applications.
Competition is developing in the broader satellite communications market as global and domestic companies prepare broadband services for homes, enterprises and remote locations. Starlink, Eutelsat OneWeb, Jio Satellite Communications and other operators have pursued regulatory approvals and spectrum access, although satellite broadband requires different equipment, licensing and commercial models from BSNL’s voice-focused service.
COLOMBO, SRI LANKA- Media OutReach Newswire – 9 July 2026 – On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
Separated by thousands of miles, the two millennia-old port cities reconnected, leveraging their ports as a bond and cultural exchanges as a cohesive force to hold in-depth talks on integrated port-city development and bilateral economic and trade connectivity.
This cross-Indian Ocean dialogue echoes the ancient Maritime Silk Road while charting a brand-new outbound development path. As a pivotal starting port of the ancient Maritime Silk Road, Ningbo is building a new global trade landscape powered by smart manufacturing.
A thousand years ago, merchant vessels from Mingzhou Port set sail southward loaded with Yue Kiln celadon porcelain, passing through Ceylon to deliver Oriental crafts across the Indian Ocean coasts. Precious gemstones and spices traveled the same sea route back to regions south of the Yangtze River, laying the groundwork for the earliest cultural exchange between the two ports through trade. Today, the cargo carried by giant cargo ships has undergone a dramatic transformation. Beyond traditional daily necessities, intelligent equipment, digital home appliances and industrial robots now dominate shipments.
Official statistics show that Ningbo’s exports of intelligent equipment, including mechanical arms and industrial robots, hit 440 million yuan in 2025, surging more than 40% year-on-year. From January to May this year, Ningbo’s exports of mechanical and electrical products maintained steady growth, reaching 247 billion yuan, a 4.1% year-on-year increase and accounting for 58.0% of the city’s total export volume. The new energy foreign trade sector saw explosive growth, with exports of new energy vehicles, lithium batteries, and photovoltaic products jumping 138.4% year-on-year, with electric vehicle exports skyrocketing 215.9%. Smart manufactured goods are continuously expanding the scope of Ningbo’s foreign trade.
Complementing the Colombo forum, an exhibition highlights Ningbo’s outstanding going-global enterprises and their products, vividly illustrating the profound shift in Ningbo’s trade structure.
Alongside time-honored Maritime Silk Road staples such as celadon porcelain and silk, Ningbo’s smart manufactured products—including AI translation glasses, intelligent outdoor gear and digital small home appliances—occupy prominent display spaces across the venue. In Sri Lanka, Ningbo smart water meters are widely adopted nationwide, while handheld cooling fans and intelligent kitchen appliances have entered ordinary households.
Leveraging Colombo Port’s transshipment advantages, massive volumes of Ningbo smart manufactured goods are distributed onward to Europe, the Middle East and beyond. What Ningbo exports today is no longer mere commodities, but a complete outbound solution integrating technology, brand value and after-sales services.
Faced with mounting challenges including homogeneous global market competition and rising trade barriers, Ningbo’s manufacturing sector has abandoned the old model of low-cost OEM production, relying on intelligent transformation to consolidate its competitive edge in overseas markets.
Over more than a decade of digital transformation efforts, Ningbo has achieved full digital upgrading of all industrial enterprises above designated size. A large number of local factories have built unmanned black-light workshops and flexible production lines, escaping vicious price competition through continuous technological iteration. Represented by five specialized, sophisticated, distinctive and innovative enterprises dubbed Ningbo’s “Five Little Tigers”—famous for their core proprietary technologies, including highly sophisticated visual inspection equipment, heat-resistant materials, sun-proof coatings, puncture-proof materials and self-drilling fasteners—these niche manufacturers have developed differentiated technical routes and full-spectrum production capacity, cementing irreplaceable competitiveness for Ningbo smart manufacturing on global markets.
Beyond trade expansion, Ningbo has built a supporting cultural communication system to ensure “products go global, accompanied by local culture”.
The launch of Sri Lanka’s first “One-Meter Cultural Space” cultural station during the Colombo event marks a tangible milestone of Ningbo’s go-global initiative. Built on enterprises’ overseas outlets, these miniature cultural exhibition halls integrate intangible cultural heritage crafts, urban stories and smart products, enabling overseas clients to experience cutting-edge manufacturing while gaining insight into Ningbo’s profound cultural heritage.
During the twin-city story-sharing session, Ningbo entrepreneurs based in Sri Lanka and local designers blending Chinese and Sri Lankan aesthetics shared stories of bilateral exchanges. Economic and trade ties have evolved into a bond for people-to-people communication, bridging divides in cross-cultural trade.
From Tang-dynasty celadon porcelain sailing across the Indian Ocean to intelligent equipment shipping to every corner of the globe, Ningbo, the ancient Maritime Silk Road port, has preserved its enduring gene of openness. Where exchanges once relied purely on commodity trade, today smart manufacturing underpins a stable, diversified and high-value-added global trade network.
The Ningbo-Colombo dialogue stands as a vivid microcosm of this transformation: the port still links lands and seas, yet the core of its trade has undergone a full intelligent upgrade.
Rooted in its historical legacy as a key Maritime Silk Road hub, Ningbo has consolidated its industrial foundation through a decade of digital development, expanded global market reach via worldwide port networks, and softened trade cooperation through cultural exchanges. This brand-new outbound shipping route forged by smart manufacturing has not only reshaped the city’s foreign trade landscape, but also delivered a replicable port-city development model for Chinese manufacturing to go global.
By Arun Srivastava The Loot of the huge funds and jewelleries from the coffers of Ram Mandir Trust has led to intensification of factional battles between the VHP and the RSS on the one hand and the RSS-BJP on the other. Interestingly, insiders say that Prime Minister Narendra Modi has taken his position supporting the […]
Exclusive Co-Development: The partnership covers the exclusive supply and co-engineering of the IVECO URANIA and IVECO TUTELA ranges – the only fluids officially recommended by IVECO
Network Support: PLI will strengthen support for IVECO’s European dealer network, driving customer value, reliability, and total cost-of-ownership (TCO) optimisation
TURIN, ITALY – Media OutReach Newswire – 9 July 2026 – IVECO, one of Europe’s leading commercial vehicle manufacturers, and PETRONAS Lubricants International (PLI) have officially renewed their long-standing strategic partnership for an additional five years. The agreement extends the partnership through 2032, reinforcing a collaboration that has driven innovation, performance, and sustainability in the commercial transport sector for more than 50 years.
PETRONAS Lubricants International and IVECO renew their strategic partnership through 2032, marking over 50 years of collaboration
The renewal ensures the continued supply and joint engineering of a comprehensive range of lubricants designed for commercial vehicles. From advanced engine oils to transmission fluids, brake fluids and coolants, PLI and IVECO will continue to formulate solutions specifically engineered to meet the demanding operational requirements of IVECO’s commercial vehicle portfolio across Europe.
A Legacy of Technical Excellence
This milestone reflects the sustained success of the co-branded IVECO URANIA engine oils and IVECO TUTELA technical fluids, developed through decades of joint R&D and a shared commitment to delivering high-performance, energy-efficient solutions that maximise vehicle uptime and extend component life. The ranges are also the only fluids recommended by IVECO.
The partnership’s rapid pace of innovation was recently highlighted by the launch of Urania Next 0W-16. This breakthrough –the first SAE 0W-16 engine oil developed specifically for heavy-duty applications – delivers exceptional fuel efficiency, reduced CO₂ emissions, and extended oil drain intervals. Furthermore, the formulation is Euro 7 ready, supporting improved efficiency and emissions performance for IVECO’s latest generation of engines.
Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, commented, “The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability.”
Driving Dealer and Customer Value
The renewed agreement also places a strategic focus on the IVECO dealer network. Beyond providing cutting-edge products, PLI will implement targeted initiatives aimed at strengthening dealer engagement and reinforcing customer awareness of IVECO’s officially approved lubricants. These initiatives are expected to support dealer business growth across European markets, while helping customers benefit from enhanced vehicle reliability and optimised total cost-of-ownership.
Domenico Ciaglia, Group Chief Strategy & Transformation Officer of PETRONAS Lubricants International (PLI), said: “This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO’s ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together.
Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers.
This renewed collaboration further reinforces the foundation of PLI’s broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally.” Hashtag: #PETRONASLubricantsInternational #PLI #IVECO #industrial #lubricants #technology
The issuer is solely responsible for the content of this announcement.
PETRONAS Lubricants International (PLI)
PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia’s dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS’ partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.
We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.
PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit www.pli-petronas.com.
Iran fired missiles and drones at US military-linked facilities in Bahrain and Kuwait after a new wave of American strikes on Iranian targets, pushing Gulf security concerns sharply higher and raising fresh risks for shipping, energy markets and regional airspace. The attacks targeted areas associated with US forces in Bahrain and Kuwait, two Gulf states that host important American military infrastructure. Air defence systems were activated, sirens […]
HONG KONG SAR – Media OutReach Newswire – 9 July 2026 – HealthMutual Group (HMG), a leading healthcare management group in the Asia-Pacific region, and OncoCare , a subsidiary of the internationally renowned integrated oncology-focused group Tamarind Health, officially signed a Pan-Asian Strategic Cooperation Agreement today. This agreement represents a significant milestone, building upon the Memorandum of Understanding (MOU) signed by both parties last November. It expands the service scope from its initial focus on local medical services in Hong Kong to fully enabling HMG’s clients to access OncoCare’s top-tier oncology teams and professional nursing services across the Pan-Asian region. This premium healthcare offering spans a comprehensive, full-cycle, one-stop quality medical care model—including early screening, multidisciplinary team (MDT) diagnoses, and cross-border referrals.
Mr KC Chan, Founder of HealthMutual Group (right) and Mr Lim Eng Seng, Group CEO of Tamarind Health, the parent company of OncoCare (left) at the signing ceremony.
HMG is a premier leader in healthcare management in the Asia-Pacific sector, having established an extensive and mature multinational medical network across the region. The group has long been dedicated to optimizing medical administration and claims processes through digital transformation and cutting-edge technology. Serving over 700,000 clients of its insurance partners, HMG provides comprehensive, transparent, and high-quality healthcare solutions. In 2025 alone, the total medical expenses processed through HMG exceeded HKD 150 million.
OncoCare is a leading private oncology institution that firmly believes in and practises “patient centric” care. Its aim is to add years and quality of life to all patients through highly efficient, knowledge-based integrated cancer diagnosis and personalised treatment. OncoCare brings together a team of clinical oncologists, and in combination with the robust specialist network of Tamarind Specialists, a member of the same group in Hong Kong, provides patients with medical services across fields such as colorectal surgery, cardiothoracic surgery, breast surgery, respiratory medicine, and family medicine. Patients have access to cross-disciplinary medical assessments, precision cancer treatment plans and personalised cancer care, ensuring they and their families receive the most reassuring support during challenging times.
The core highlight of this Pan-Asian Strategic Cooperation Agreement lies in the deep integration of HMG’s pan-Asian service network with OncoCare’s Asia-leading oncology expertise. Together, they will build Asia’s premier “Pan-Asian Closed-Loop Medical Ecosystem.” With Singapore, Hong Kong, and Malaysia serving as the core hub locations, the key highlights include:
Integrated Closed-Loop Service: From initial medical record review and cross-border “green channels” to clinical treatment and financial settlement, patients will experience seamless services within the joint management system of HMG and OncoCare. Coupled with transparent medical billing, this ensures the highest standard of medical quality control.
Cross-Border Multidisciplinary Team (MDT) Diagnosis: Using OncoCare’s Singapore headquarters, its Hong Kong flagship centers in Central and Tsim Sha Tsui, and its Malaysia branch as central hubs, the ecosystem brings together experienced specialists from all three regions to provide international-grade second medical opinions for cancer patients in need.
Seamless Network Integration & Financial Transparency: HMG’s 700,000+ clients can instantly connect with OncoCare’s healthcare teams. Furthermore, both parties have introduced personalised treatment plans for common cancers, offering clear financial predictability and budget protection.
HMG and OncoCare will join hands to build a “Pan-Asian Closed-Loop Medical Ecosystem”, providing one-stop, full-cycle care for cross-border cancer patients. Pictured at the signing ceremony are (from left to right): Mr. Keith Mo, General Manager of OncoCare (Hong Kong); Mr. Lim Eng Seng, Group CEO of Tamarind Health, the parent company of OncoCare; Mr. KC Chan, Founder of HMG; and Ms. Virginia Wong, HMG Chief Customer Services Officer.
Mr. Chan Kin-chung, Founder of HMG, stated: “We are deeply honored to partner with OncoCare. Through the Pan-Asian Closed-Loop Medical Ecosystem, we have successfully aligned top-tier resources across Hong Kong, Singapore, and Malaysia. Clients can enjoy treatment plans jointly formulated by regional experts within a single secure and transparent system, fulfilling our highest cross-border commitment to ‘patient centric’ healthcare.”
Mr Lim Eng Seng, Group CEO of Tamarind Health, the parent company of OncoCare, added, “As a patient centric oncology-focused group, we recognise the challenges cancer patients face in navigating increasingly complex private and cross-border healthcare systems. Through this integrated ecosystem, we will leverage the collective strengths of our multidisciplinary teams and directly managed centres across Singapore, Hong Kong and Malaysia to deliver seamless, high-quality cancer care. Looking ahead, we remain committed to making expert oncology services accessible anytime, anywhere, while elevating patient experience and improving treatment outcomes.”
Looking ahead, the Pan-Asian Closed-Loop Medical Ecosystem plans to further introduce green channels for the latest overseas medications, personalised genetic testing, and cross-border post-operative rehabilitation management, continuously pioneering a more comprehensive and forward-looking landscape for private cancer care for patients in Asia.
Riau Complex Sets a New Standard for Employee Living, Supporting Asia Pacific Rayon’s Workforce and Families
Media Inquiries, please contact: HMG Tracy Ng Email: [email protected]
OncoCare Marketing & Communications Karen Ng Email: [email protected]
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