FEATURED NEWS
- October 28, 2026Top Stories
CapitaLand Investment accelerates business transformation through AI and sustainability innovation
CLI is among the inaugural participants in Champions of AI, supporting its efforts to drive enterprise-wide AI adoption. CapitaLand Investment Limited (CLI), a leading global real asset manager, is accelerating business transformation through artificial intelligence (AI) and sustainability innovation. CLI has been selected as an inaugural participant in Champions of AI and launched the fifth edition of CapitaLand Sustainability X Challenge (CSXC) together with CapitaLand Development (CLD). The two initiatives will further strengthen CLI’s capabilities as an AI-powered real asset manager and advance sustainability innovation across the industry. CLI is among the inaugural participants in Champions of AI, a flagship national initiative by Enterprise Singapore (EnterpriseSG) and Digital Industry Singapore to support leading Singapore-based companies in transforming their businesses with AI. The programme was launched at Enterprise Singapore’s Singapore Week of Innovation and Technology (SWITCH) 2026 by Guest-of-Honour Mr Gan Kim Yong, Singapore’s Deputy Prime Minister and Minister for Energy, Trade and Industry (Trade). AI is transforming how we invest, operate and create value as a global real asset manager. Over the next three years, CLI will advance how capital is sourced, deployed and recycled across its global platform through targeted investments in AI, data and workforce transformation. Our focus is to sharpen investment insights and strengthen operational execution while retaining human judgement and strong governance. Through Champions of AI, we aim to accelerate enterprise-wide adoption and equip our people to translate technology into measurable business outcomes. Wong Hwee Lim, Chief Digital & Technology Officer Andrew Jasudasen, Chief Sustainability and Sustainable Investments Officer Innovation is critical to addressing the sustainability challenges facing the built environment. Through CSXC, we connect real-world challenges with promising solutions from around the world, providing innovators with opportunities to pilot them across CapitaLand’s properties globally. By bringing together industry partners, ecosystem players and innovators, we aim to accelerate the adoption of solutions that can support the built environment's transition to a lower-carbon and more resilient future. Scaling AI adoption across CLI CLI is advancing towards becoming an AI-powered real asset manager, embedding AI into its core workflows. Through Champions of AI, CLI will further scale the use of AI across its investment, asset management and operating businesses to sharpen investment insights, optimise asset performance, elevate customer experience and improve productivity. CLI’s Casey chatbot for retail has handled more than 370,0001 chat sessions to date, while Cubby, The Ascott Limited's ChatGPT-powered digital concierge, has responded to more than 1 million guest enquiries since its launch in 2023. CLI’s Self-storage AI Sales Agent has reduced the sales cycle time by an estimated 60%. As part of its commitment to building an AI-ready organisation, CLI is preparing its workforce for AI-enabled work through AI fluency, reskilling, job redesign and governed citizen development programmes. More than 5,200 AI training attendances were facilitated between January and mid-October 2026, supporting the responsible and scalable adoption of AI across the business. CLI's global ecosystem spans more than 270 cities in over 40 countries, creating significant opportunities to scale AI-powered transformation across its businesses and customer platforms. Advancing sustainability innovation for the built environment The fifth edition of CSXC will source emerging solutions and technologies that address real-world sustainability challenges in the urban environment. Innovators will have opportunities to pilot, validate and potentially scale their solutions across CapitaLand’s global portfolio, supported by up to S$675,000 in funding. Since 2021, CSXC has received more than 2,400 entries from over 90 regions, with 40 innovations piloted or planned at 58 sites across six countries as at 28 October 2026. This year’s challenge comprises seven areas spanning building operations and development, decarbonisation, water resilience, circularity, low-carbon construction, climate resilience and health, safety and wellness in buildings. The challenge statements were curated by CLI and CLD, reflecting the opportunities and needs across the real estate life cycle. Collaboration with industry and ecosystem partners continues to be a key part of CSXC. Temasek Foundation is a new partner for this edition, with continued support from Exclusive Partners, the Building and Construction Authority (BCA) and EnterpriseSG. Relevant submissions from CSXC and The Liveability Challenge, presented by Temasek Foundation, may be shared across both platforms to be considered for mentorship and pilot opportunities at CapitaLand properties, creating additional pathways for promising solutions to be developed and scaled. The Demo Day will be held at BCA's Built Environment Innovation Hub at the BCA Braddell Campus, while EnterpriseSG will continue to sponsor two Special Recognition Awards. The top five CSXC finalists will be mentored ahead of the Demo Day in August 2027, where they will pitch for the opportunity to pilot their solutions at selected CapitaLand properties globally. Note: 1 From March 2024 to July 2026 Download(s) News Release (PDF): https://www.capitaland.com/content/dam/capitaland-newsroom/International/2026/october/capitaland-investment-accelerates-business-transformation-through-ai-and-sustainability-innovation/nr-cli-accelerates-business-transformation-through-ai-and-sustainability-innovation.pdf
- October 28, 2026Business
Intelligence Leads, Standards Empower: A Comprehensive Review of CEIC2026
The Consumer Electronics Innovation Congress 2026 (CEIC2026) was held at the Shenzhen Convention and Exhibition Center (Futian) from October 22 to 24. Bringing together industry representatives from 78 countries and regions, the congress served as a global platform for advancing consumer electronics innovation, industry collaboration, and AI-driven transformation. CEIC2026 featured an extensive program comprising three main forums, more than 20 sub-forums, and a 20,000-square-meter exhibition. More than 300 companies participated as exhibitors, while cumulative attendance across the congress and exhibition reached 53,900 visits over three days. More than 20,000 visits were recorded on the opening day alone. The event also convened more than 30 academicians and experts, alongside over 300 industry leaders, technology specialists, and investment representatives, for discussions on AI-driven transformation and emerging consumer experiences. Three Main Forums Advanced Technology, Industry and AI Collaboration The three main forums addressed technological breakthroughs, industrial development, and AI innovation in the Greater Bay Area. Key publications included Top 10 Trends in Consumer Electronics and Top 10 Global Computing Power Trends 2027 . Eight industry organizations jointly launched the (PI)² Physical Intelligence Partnership Initiative , aimed at promoting deeper integration between physical intelligence and consumer electronics. At the Industrial Development Forum, several international organizations signed memoranda of understanding, while the results of the NIDA Pioneer Program were unveiled. Participating companies also presented practical applications of emerging technologies in areas such as AI-powered vehicles and intelligent spaces. Beyond the Main Forums: Thematic Sessions and Interactive Experiences More than 20 sub-forums explored wireless connectivity, Network 2030, embodied intelligence, digital health, AI-powered UHD technologies, 3D spatial imaging, and the low-altitude economy. On the opening day, the finals of the 3rd SparkLink & OpenHarmony Cup Innovation Game were held alongside the congress. Major releases included the SparkLink 3.0 standard, 15 recommended national standards, and the Blue Paper on the Evolution of SparkLink SLE 3.0 Technical Standards. The Vivid Immersive Park , built around UWA’s Vivid audiovisual technology ecosystem and presented through traditional Chinese music, showcased an end-to-end application framework covering standards, content capture, production, encoding, transmission, decoding, rendering, and playback. The Open Stage connected industry experts, entrepreneurs, and investors through the Luminary’s Roundtable , Venture Capital Matchmaking , and developer Codelabs. Twelve hard-tech projects joined investment roadshows, alongside live demonstrations of edge AI terminals, exoskeleton robots, and AI-powered smart rings. Exhibition Showcased Innovation Across the Consumer Electronics Value Chain CEIC2026 brought together more than 300 companies, presenting advances across the consumer electronics value chain, from chips and operating systems to intelligent devices and industry applications. Foundational technologies and connected ecosystems took center stage. AllianceHub , a one-stop digital collaboration platform for international standards organizations and industry alliances, was officially launched. HiSilicon Technologies introduced a distributed collective intelligence solution integrating OpenHarmony and SparkLink, while more than 30 SparkLink ecosystem partners displayed hundreds of products and solutions, including next-generation chips. GIIC featured HarmonyOS-based industrial applications, including Hualong Xunda's AI-powered flexible production line, while the OneConnect smart home area demonstrated cross-brand device interoperability. AI-powered devices and immersive experiences were among the major attractions. China Media Group presented its CCTV Audio-Visual Large Model 3.0, while Jupiter SR. showcased glasses-free 3D display technologies. Smart vehicles from NIO, XPeng, and GAC highlighted advances in intelligent mobility. It also featured EHang's EH216-S pilotless passenger-carrying eVTOL aircraft and ZEROG's ZG-ONE eVTOL, designed for low-altitude tourism and sightseeing. Humanoid robots, exoskeletons, AI PCs, and smart sports glasses offered visitors a closer look at emerging consumer applications. Industry-focused demonstrations highlighted the expanding reach of intelligent technologies. WAA presented immersive scenarios covering smart homes, healthcare and elderly care, and smart airports, while GCC demonstrated AI applications for the electric power sector. These technologies also found applications in industrial security, mining, government services, and retail, with demonstrations ranging from smart safety helmets to AI-powered self-service terminals. Together, these exhibits illustrated how advances in connectivity, computing, and AI are moving beyond individual devices to enable more integrated consumer experiences and broader industrial applications. Advancing Global Consumer Electronics Innovation Through Foundational Technologies CEIC2026 reinforced Shenzhen's role as a hub for global consumer electronics collaboration, connecting advances in foundational technologies and open standards with real-world applications. As AI continues to reshape the industry, the congress demonstrated how cross-border partnerships can accelerate the next generation of intelligent products and experiences. Co-organizers The Consumer Electronics Innovation Congress 2026 (CEIC2026) was jointly organized by the following eight organizations: International SparkLink Alliance (iSLA) UHD World Association (UWA) Global Intelligent IoT Consortium (GIIC) World WLAN Application Alliance (WAA) Global Computing Consortium (GCC) Network Innovation and Development Alliance (NIDA) Comentropy Industry and Standards Innovation Service Center (Comentropy) Center for International Economic and Technological Cooperation, Ministry of Industry and Information Technology (CIETC)
- October 28, 2026Technology
ASMPT Announces 2026 Third Quarter Results Record Group Bookings and Strong Earnings Across SEMI & SMT
Record Group bookings, driven by TCB, SMT products, and Photonics Record TCB C2S orders fuelled by strong demand from AI data centres Continued momentum in Photonics resulting in record bookings and revenue Adjusted gross margin rose to 42.9%, driven by both SMT and SEMI Revenue and adjusted EPS exceeded consensus Group Results Summary NM: Not meaningful Revenue Guidance for Q4 2026 US$670 million to US$730 million, up 4.6% QoQ and 37.5% YoY at mid-point of US$700 million Full Results Announcement and Investor Presentation available from https://www.asmpt.com/en/investor-relations/financial-information/ 1 The Closing of the Disposal of ASMPT NEXX, Inc. (“NEXX”) took place on 3 June 2026. Following Closing, NEXX has ceased to be a subsidiary of the Company 2 Bookings reflect new orders secured during the quarter 3 For more information about the Non-HKFRS Measures presented above, please refer to the section under “Reconciliation of HKFRS Measures to the non-HKFRS Measures” of the Group’s Q3 2026 results announcement ASMPT Limited (ASMPT / the Group / the Company) (Stock code: 0522), a leading global provider of hardware and software solutions for the manufacture of semiconductors and electronics, announced its unaudited results for the three months ended 30 September 2026 (Q3 2026). The Group achieved record bookings in Q3 2026, supported by sustained AI infrastructure investment driving demand across Advanced Packaging (AP), SEMI Mainstream and SMT. SEMI demand was largely driven by Thermo Compression Bonding (TCB) and Photonics supporting advanced chip packaging and optical connectivity, while SMT continued to benefit from robust demand for AI server boards and optical transceivers. Group Bookings at a record high of HK$8.85 billion (US$1.13 billion), up 24.7% QoQ and 137.9% YoY, with book-to-bill ratio of 1.69, highest since Q1 2021. SEMI bookings up 31.3% QoQ and 156.3% YoY, highest since Q1 2021. AI-driven demand supported a broad section of SEMI’s portfolio, notably TCB, Photonics and Flip Chip solutions. SMT bookings hit a new record high for the third consecutive quarter, up 18.9% QoQ and 122.1% YoY, driven largely by robust AI server demand, and more than US$100 million worth of bulk orders and pull-in. Group Revenue increased 6.3% QoQ and 48.7% YoY to HK$5.25 billion, above mid-point of guidance, driven by both SEMI and SMT. Group adjusted gross margin of 42.9% was up 35 bps QoQ and 517 bps YoY, reflecting improvements in both SMT and SEMI. Adjusted operating expenditure (OPEX) up 6.0% QoQ and 16.6% YoY, mainly due to higher incentive provisions and increased volume. Adjusted operating profit up 8.9% QoQ and 379.2% YoY to HK$922.4 million, due to higher revenue and gross margin. Adjusted net profit up 8.2% QoQ and 486.3% YoY to HK$689.7 million, due to higher operating profit. “ASMPT’s record bookings this quarter reflect sustained AI infrastructure investment driving demand across our broad portfolio, particularly in TCB, SMT and Photonics,” said Mr. Bassel Haddad, Group CEO . “A few months in as CEO, I have been very impressed by the depth of ASMPT’s technology and engineering talent. Our opportunity is to translate these strengths into sharper execution and greater speed, to generate attractive shareholder returns. ASMPT will be technology-led, customer-driven and financially disciplined.” Broad AI-related demand across the portfolio In logic, demand for AI computing continued to drive strong customer investment momentum across the Group’s TCB solutions. C2S orders reached a record high, led by strong demand for larger compound-die TCB tools from OSAT partners of a leading advanced logic customer, as well as orders for other AI-related AP applications. The Group also secured repeat Chip-to-Wafer orders from a leading global integrated device manufacturer for advanced CPUs supporting client computing and AI inference. The Group’s Photonics business had record bookings and revenue, driven by production ramps of 800G, 1.6T and next-generation optical modules addressing AI-related requirements for faster and more efficient data transmission. Its Pluggable Optical Transceiver solutions secured significant orders, reinforcing its lead in the transceiver market. Of note, the Group’s AMICRA business achieved a breakthrough bulk order for its Near-Packaged Optics solutions, and maiden orders from a leading communication services provider for its ultra-high-precision bonding solutions for optical transceivers. The Group continued to deepen its engagement with multiple leading global CPO players, positioning it well to gain market share as CPO adoption accelerates. All these demonstrate the breadth of the Group’s Photonics portfolio and create a multi-year growth opportunity. AI-related demand also continued to support the SEMI mainstream business, particularly in power management and AI server-board applications for data centres. Revenue and bookings remained elevated, with wire bonding and die bonding tools supported by AI infrastructure expansion and high utilisation in OSATs. For the SMT segment, it achieved its third consecutive quarter of record bookings, and highest bookings market share, with demand driven largely by AI server boards and optical transceivers. Of note, bookings growth in the Americas accelerated on the back of strong demand for AI servers. Outlook The Group expects Q4 2026 revenue to be between US$670 million and US$730 million, up 4.6% QoQ and 37.5% YoY at mid-point of US$700 million, which is above the market consensus. This will be driven by double-digit SMT revenue growth, while SEMI revenue is expected to be flat due to longer lead times of AP products. Q4 2026 bookings will remain significantly elevated YoY, supported by sustained AI infrastructure investment across both segments. The Group expects Q4 bookings to be below Q3’s record level due to the one-offs and pull-in in SMT. Looking ahead, AI demand is expected to drive sustained revenue growth in 2027. About ASMPT ASMPT is a leading global supplier of hardware and software solutions for the manufacture of semiconductors and electronics. Headquartered in Singapore, ASMPT’s offerings encompass the semiconductor assembly & packaging, and SMT (surface mount technology) industries, providing various solutions that organise, assemble and package delicate electronic components into a vast range of end-user devices. ASMPT partners with customers very closely, with continuous investment in R&D helping to provide cost-effective, industry-leading solutions that achieve higher productivity, greater reliability and enhanced quality. ASMPT is listed on the Stock Exchange of Hong Kong (HKEX stock code: 0522) and is one of the constituent stocks of the HKEX Tech 100 Index, Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Corporate Sustainability Benchmark Index, and the Hang Seng HK 35 Index. To learn more about ASMPT, please visit https://www.asmpt.com . Forward-Looking Statements All statements included herein, other than statements of historical facts, are or may be forward-looking statements. These forward-looking statements reflect ASMPT’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known or unknown risks and uncertainties. Accordingly, actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors. Readers should not place undue reliance on such forward-looking statements, and ASMPT does not undertake any obligation to update publicly or revise any forward-looking statements. Save as otherwise referred to below, no statement herein is intended to be or may be construed as a profit forecast. - End – For media enquiries: Lim Ee Guan Director, Corporate Communications Tel: +65 6450 1445 Email: [email protected] On behalf of ASMPT: Strategic Financial Relations Limited Mandy Go / Vivienne Leung / Angela Shen Tel: +852 2864 4812 / 2864 4862 / 2864 4870 Fax: +852 2527 1196 Email: [email protected] / [email protected] / [email protected]
- October 28, 2026Business
Seatrium and Karpowership to Jointly Develop Floating Power Solutions and Digital Infrastructure, Supporting Singapore and Southeast Asia’s Energy Resilience
Memorandum of Understanding (MoU) announced at Singapore International Energy Week 2026 Combines Seatrium’s offshore engineering expertise with Karpowership’s proven leadership in floating power to pursue flexible power and digital infrastructure solutions To co-develop solutions that strengthen Singapore’s energy security and support regional power demand amid recent disruptions to global energy supplies Seatrium Limited (“Seatrium” or the “Group”) today announced that it has entered into a Memorandum of Understanding (“MoU”) with global floating power solutions leader Karpowership to pursue a joint venture to develop floating power and infrastructure solutions in Singapore, with the potential to extend cooperation to the wider Southeast Asia market. Building on their longstanding strategic relationship, the two companies will create an integrated platform combining infrastructure development, financing, engineering, construction and operations. The collaboration brings together Seatrium’s global offshore engineering, procurement and construction and systems integration capabilities with Karpowership’s expertise in developing, financing, owning and operating floating power and digital infrastructure, alongside its experience in delivering behind-the-meter power solutions for super intelligence. Announced at Singapore International Energy Week (SIEW) 2026 and witnessed by Dr. Tan See Leng, Singapore’s Minister for Energy, Trade and Industry (Energy and Industry), the MoU establishes a framework to jointly develop rapidly deployable power and infrastructure solutions in Singapore, which may include Powerships, floating data centres, turbine-based or hybrid vessels and floating nuclear solutions. The partners share a longer-term ambition to bolster Singapore’s position to serve as a resilient regional hub for rapidly deployable energy and digital infrastructure solutions. Chris Ong, Chief Executive Officer of Seatrium, said, “Energy resilience is fundamental to Singapore’s long-term competitiveness and Southeast Asia’s continued growth. As demand for power and digital infrastructure accelerates, our industry has an opportunity to develop new solutions that combine speed of deployment, flexibility and scale. Building on our longstanding strategic relationship with Karpowership, we aim to strengthen Singapore’s status as a hub for next-generation floating energy and digital infrastructure, using the best-available technologies, including hydrogen-ready power generation. Seatrium’s offshore engineering heritage, systems integration capabilities and advanced facilities in Singapore provide a strong foundation for this ambition, supporting domestic needs and opportunities across Southeast Asia. For Seatrium, this represents a strategic opportunity to extend our role across the energy infrastructure value chain, creating new avenues for growth where we can apply our proven capabilities to shape critical infrastructure that underpin the region’s future competitiveness.” Orhan Remzi Karadeniz, Chief Executive Officer of Karpowership, said, “Access to reliable power increasingly determines where industries invest, how economies grow and how quickly digital ambitions become reality. Karpowership has pioneered floating power infrastructure worldwide, expanding its capabilities to deliver gigawatt-scale, behind-the-meter power solutions for the most developed markets, floating digital infrastructure and turnkey data centre solutions spanning the entire value chain. Karpowership’s decades-long relationships with OEMs and technology partners, including Seatrium, now extend to a global network of commercial partnerships, including with hyperscalers. These relationships position Karpowership as a go-to provider of integrated infrastructure solutions at pace and scale. This partnership marks a strategic next chapter in that journey. Together with Seatrium, our ambition is to build an integrated platform in Singapore that brings development, financing, engineering and operations together to deliver power where and when it is needed, strengthening energy security and enabling growth across Southeast Asia.” The companies will combine their unparalleled execution capabilities and commitment to excellence to support Singapore’s ambition to lead the development of next-generation energy and digital infrastructure. Today, Singapore remains heavily reliant on imported natural gas, which accounts for approximately 95% of its electricity generation, according to the Energy Market Authority. Continued disruptions to global fuel supplies have reinforced the need for diversifying energy sources and strengthening the resilience of Singapore’s electricity system. At the same time, EMA estimates that Singapore’s peak electricity demand is projected to grow between 2.4% and 4.8% annually to reach up to 11.4 gigawatts by 2031, driven in part by transport electrification and the expansion of energy-intensive industries on the island, including semiconductor manufacturing and data centres. Across Southeast Asia, the similar growth of digital industries has also led to increased infrastructure requirements. According to the 9th ASEAN Energy Outlook, 20% of ASEAN’s projected electricity demand growth in the next five years will be attributable to data centres. This, compounded with structural drivers of industrialisation and urbanisation, emphasise the need for reliable power to support industrial activity and other energy-intensive facilities. Against this backdrop, floating power infrastructure could provide additional options to enhance supply security, including through the rapid deployment of generation capacity, contingency power provision and support for critical infrastructure, including data centres. Such solutions, including the potential use of emerging energies such as hydrogen, could also offer flexibility in deployment locations, enable power generation assets to be adapted or redeployed, and chart a longer-term transition pathway as energy requirements continue to evolve. This MoU represents a new phase in the companies’ relationship, extending their collaboration from the delivery of individual assets to the joint development of infrastructure opportunities. Since 2018, Seatrium has delivered seven FSRU conversions to Karpowership, with the 8th and 9th unit awarded this year, supporting the deployment of Karpowership’s LNG-to-power solutions across international markets. Seatrium has most recently secured a contract in October for the development and integration of Karpowership’s hydrogen-ready third-generation Whale Class Powerships to be deployed in countries requiring reliable energy supply. Today, Karpowership owns and operates the world’s only fleet of Powerships, consisting of 45 vessels, which are floating power plants that can be deployed to provide electricity to markets requiring additional generation capacity. In the coming months, the parties are committed to progress discussions towards the formation of a joint venture, subject to the negotiation and execution of definitive agreements and the necessary approvals. -END- About Seatrium Limited Headquartered and listed in Singapore, Seatrium Limited is a leading provider of specialised engineering solutions for the global offshore, marine, and energy sectors. Seatrium plays a pivotal role in delivering offshore energy infrastructure assets globally that is the backbone of some of the world’s essential energy systems. With over 60 years of proven expertise, Seatrium operates across 15 countries through an integrated network of advanced yards, engineering and technology centres; supported by a diverse and dedicated workforce of more than 24,000 employees. Seatrium’s diversified business positions it to play a critical role in the global energy transition. Its core business segments mainly include Oil & Gas Newbuilds and Conversions; Offshore Wind; Repairs & Upgrades. Its expanding product portfolio includes FPSOs, FPUs, Offshore Converter Platforms and a wide range of offshore installation vessels, amongst others. Longstanding customer relationships with the world’s largest energy majors, asset operators and owners, and Transmission System Operators underscore Seatrium’s ability to consistently deliver high standards of safety, quality and timeliness. Amidst the global energy transition, Seatrium has robust capabilities in developing new technologies and solutions (such as Carbon Capture & Storage and New Energies). Guided by a culture of innovation; and core values prioritising people, safety and sustainability; Seatrium strives to create enduring value for all stakeholders, engineering towards a sustainable energy future. About Karpowership Karpowership is a global energy company specializing in fast-track and integrated power solutions. With a fleet of 45 Powerships and a total installed capacity exceeding 8,500 MW; the company delivers turnkey energy solutions wherever and whenever they’re needed. As the only owner, operator, and builder of the world’s only Powership fleet, Karpowership offers a plug-and-play solution that can be directly connected to the grid and start generating electricity in less than 30 days. In addition to its signature Powerships, Karpowership offers floating LNG solutions, with a fleet of 12 LNG assets, including the ones in the pipeline, that is composed of FSRUs and LNG carriers. Its LNG-to-Power model supports a cleaner and flexible energy future. With over 30 years of experience, Karpowership remains committed to delivering sustainable, reliable power; empowering nations and communities beyond the grid. For more information, please contact: Seatrium Amelia Lee, Head, Investor Relations & Corporate Communications, Tel: +65 6803 0053, Email: [email protected] Clarissa Ho, Senior Manager, Investor Relations and Corporate Communications, Tel: +65 6803 0276, Email: [email protected] Karpowership Karen Kumbasar, Corporate Communications and Brand Vice President, Email: [email protected] Elif Tozlu, Corporate Communications Manager, Email: [email protected]
- October 27, 2026Business
Winona Baby Joins ISAD 2026 as the Only Invited Chinese Infant Skincare Brand
At the 16th International Symposium on Atopic Dermatitis (ISAD) held in Beijing, long-term management and daily basic care became important topics. As the only Chinese baby and child skincare brand invited to this year's event, WINONA Baby(Brands under Yunnan Biotanie Biotechnology Group) shared Chinese research on infant and toddler AD and its "cleanse, care, and protect" skincare practices, participating in international academic exchange. From research on infants aged 0–2 to family care and public welfare support, the brand explores daily care approaches that better meet the needs of Chinese babies. Filling Gaps and Pioneering New Ground: Completing the Puzzle of Baby and Child Skincare The AD clinical report updated by the American Academy of Pediatrics in 2025 discussed differences in disease manifestations among different racial and ethnic populations, suggesting that research evidence needs to be understood in the context of specific populations. Local research can supplement data on Chinese infants and toddlers, providing a reference for clinical care and product development. The age of 0–2 is an important stage in skin barrier development, and dedicated research on this young population is of significant value. At this ISAD, WINONA Baby shared research on Chinese infants and toddlers aged 0–2 with AD, supplementing the international evidence base on pediatric AD with local data. According to Wang Shan from Beijing Children's Hospital, Capital Medical University, the study was conducted collaboratively by five hospitals and enrolled 309 infants and toddlers aged 0–2 with AD, focusing on daily moisturizing care during the maintenance phase. The results support the role of emollients in reducing relapses and prolonging the interval between flare-ups, providing a reference for care during the remission phase. This year's ISAD was held in China for the first time, providing an important platform for local research to participate in international exchange. Professor Ma Lin from Beijing Children's Hospital, Capital Medical University, noted that Chinese doctors and researchers are gradually becoming sharers of local research findings, clinical experience, and solutions. This year, the pediatric AD management guideline released by the American Academy of Dermatology cited a multicenter randomized controlled study on emollients for infants and toddlers aged 0–2 related to WINONA Baby's Soothing Cream. The study was published in Dermatologic Therapy, providing a concrete example of Chinese infant and toddler research entering international evidence-based evaluation. Exporting Chinese Baby and Child Skincare Solutions to the World Long-term AD management increasingly emphasizes daily care. The American Academy of Dermatology's pediatric AD management guideline makes a strong recommendation for the use of moisturizers, reflecting the importance of continuous moisturizing care. Professor He Li from the First Affiliated Hospital of Kunming Medical University pointed out that an impaired skin barrier can lead to increased water loss and easier penetration of irritants, contributing to a cycle of inflammation, itching, scratching, and barrier damage. Scientific daily care can support the barrier in addition to medical treatment. Based on clinical research on infants and toddlers and exploration of barrier care, WINONA Baby proposed a daily care regimen centered on "cleanse, care, and protect." Professor Ma Lin stated that children's skin health requires more comprehensive attention to daily care, promoting a shift toward earlier management and integrating "cleanse, care, and protect" into family life. "Cleanse" emphasizes gentle cleansing. WINONA Baby's Soothing Shampoo & Body Wash Bubble combines a mild surfactant system with soothing botanical ingredients, addressing both cleansing and skin care needs for babies and children. "Care" centers on continuous moisturizing. Infant and toddler research provides a clinical reference for moisturizing care during the maintenance phase; another study on a moisturizing cream containing prinsepia utilis oil was selected for an ISAD oral presentation, exploring skin lesion and barrier-related indicators through an AD mouse model, accumulating preclinical evidence for further research and development. "Protect" focuses on sun protection. The brand collaborated with top-tier hospitals to conduct clinical observations of children's sunscreen products, supporting the development of sunscreen products for babies and children. Efficacy skincare products, in conjunction with medical evaluation and necessary treatment, support families in carrying out appropriate long-term care. With professionalism, bringing care into thousands of homes The impact of AD extends into family life. Persistent itching and recurrent flare-ups can affect children's sleep, mood, and social interactions, and parents' anxiety and uncertainty about care also constitute a long-term burden. This year's ISAD, themed "Science and Care in Atopic Dermatitis," emphasized listening to patients' experiences. Translating long-term management into daily life requires the joint participation of healthcare professionals, families, and society. During the conference, WINONA Baby partnered with the Capital Institute of Pediatrics to carry out the "Love Skin Cabin" children's skin health public welfare activity, delivering scientific skincare knowledge to families of affected children through AD public welfare education courses and hospital-based public welfare support. The brand also partnered with 10 top-tier hospitals across the country and professional public welfare organizations to advance the AD Children Care Plan, which is expected to benefit more than 10,000 families of children with AD through material support, care guidance, and psychological support. From Chinese infant and toddler research to international academic exchange, and further to family education and public welfare support, WINONA Baby continues to explore ways to make research respond to real needs and to bring scientific care to more children who need help.
- October 27, 2026Sports
Sails Raised over Beibu Gulf, New Voyage on Maritime Silk Road — 2026 "Belt and Road" International Regatta Concludes Successfully
White sails chasing the waves, the Maritime Silk Road setting sail. On the evening of October 22, the welcome gala and opening ceremony of the 2026 "Belt and Road" International Regatta kicked off in the Central Hall of the Beihai Silver Beach No. 1 International Conference Center Hotel. Following three days of fierce competition from October 23 to 25, all inshore and long-distance races were successfully completed, and the closing awards dinner was held on the evening of October 25. As a benchmark international regatta IP rooted in the ancient departure port of the Maritime Silk Road and included in the World Sailing calendar, this eighth edition of the event, with high-level competition, international organization, and diversified integration, has written a vibrant sports chapter for Beihai's drive to strengthen itself through the sea. Li Quanhai, President of World Sailing; Liang Jianbo, Deputy Director of the Guangxi Zhuang Autonomous Region Sports Bureau; Pan Juan, Deputy Mayor of Beihai Municipal People's Government; Li Huangxun, Director of the Major Events Office of the Autonomous Region Sports Bureau; Pang Yuanqiong, Director of the Beihai Municipal Bureau of Tourism, Culture and Sports; and other leaders and guests attended the opening ceremony. This year marks the eighth edition since the event's inception. It uniformly adopted the J80 racing boat type and attracted a total of 22 teams from the United States, Russia, Singapore, Australia, and other countries and regions to gather in the Beibu Gulf. The waters of the Beibu Gulf feature complex winds, waves, and currents. The teams faced the wind and waves directly, competing in tactical judgment, teamwork, and on-the-spot adaptability, and completed all nine rounds of inshore series races and the long-distance race, with all major awards decided. In the inshore races, Heyuan Sailing Team won the championship; Xiamen City Vocational College Sailing Team 1 and ALISA Sailing Team took second and third places respectively; Chengdu Wolong Fengchu Team, Nansheng Sailing Team, and Solaris Sailing Team ranked fourth to sixth. In the long-distance race, Heyuan Sailing Team also claimed the title, with ALISA Sailing Team and Chengdu Wolong Fengchu Team finishing second and third. With sails as a bridge, connecting mountains and seas. Beihai enjoys unique coastal resources and a profound maritime cultural heritage, and the event organically combines the history and culture of the Maritime Silk Road with modern sailing sports. During the event, participating sailors from home and abroad experienced the coastal scenery of the Beibu Gulf and explored cultural tourism resources such as the Weizhou Volcanic Island and Beihai Old Town. The event has become an important window for cultural exchange with foreign countries, fully showcasing the charm of Beihai. Closely aligned with Guangxi's development strategy of strengthening itself through the sea, the event gives play to the driving effect of a brand event, promotes the popularization of sailing, empowers the development of coastal cultural tourism and water sports industries, and builds a maritime platform for people-to-people and cultural exchanges among countries jointly building the "Belt and Road," realizing the comprehensive value of hosting a quality brand event and activating coastal vitality. As a landmark international water sports IP of Guangxi, the event will in the future continue to be based in the Beibu Gulf, continuously improve the professionalism and internationalization of its organization, and invite sailing enthusiasts from around the world to gather in Beihai and ride the waves, writing a new chapter of sailing far ahead on the Maritime Silk Road.
- October 27, 2026Automotive
JETOUR Showcases Future Mobility Technologies, Deepening Its Global "Travel+" Strategy
Advances in artificial intelligence and new energy technologies are expanding what vehicles can do. Ke Chuandeng, President of JETOUR's International, said: "The future evolution of vehicles lies not only in improvements in power and performance, but also in coordinating intelligent interaction, energy applications, and mobility services to turn vehicles into intelligent travel companions for users." From October 20 to 23, 2026, the 2026 JETOUR Global Technology Experience Day took place across Wuhu, Moganshan, and Xiazhu Lake. Featuring cutting-edge technology showcases, all-terrain off-road experiences, and ecological conservation initiatives, the event demonstrated JETOUR's efforts to integrate technology, real-world experiences, and ecological protection under its "Travel+" philosophy. JETOUR G700 with SOLAIR technology for off-road travel. Defining the Brand Through People, Vehicles, and Travel Scenarios Since its founding in 2018, JETOUR has developed its products and brand around users' travel needs, building a product portfolio covering urban commuting, long-distance expeditions, and outdoor exploration. Guided by its "Travel+" strategy, JETOUR continues developing service and community networks, including vehicle customization, travel stations, and owners' clubs. These initiatives connect product capabilities, travel services, and user engagement for richer travel experiences. As its global business expands, JETOUR is bringing "Travel+" to users across global markets. As of September 2026, JETOUR's cumulative global sales exceeded 2.56 million vehicles. The brand has expanded into over 100 countries and regions, built a global following of over 50 million fans, and established over 300 owners' clubs. By adapting to local road conditions, usage habits, and travel cultures, JETOUR continues to improve product suitability for diverse mobility needs. Through localized services and community building, it also shapes "Travel+" initiatives around local user needs. Expanding Travel Through Technology: Bringing Innovation into the Real-World Expanding future travel experiences depends on advancing intelligent and energy technologies. During the 2026 JETOUR Global Technology Experience Day, the Group showcased cutting-edge developments, including its automotive-domain large model, chip strategy, AiMOGA robot, Robotaxi, and integrated solar, energy storage and charging system. These demonstrations highlighted its exploration of intelligent technologies, autonomous driving, and energy solutions, offering new perspectives on future mobility. Across diverse travel scenarios, JETOUR demonstrated its technologies through specialized displays and all-terrain testing. The JETOUR G700 equipped with “SOLAIR” technology drew interest from international guests. Its “SOLAR” system uses a flexible photovoltaic cover to generate up to 6 kWh of electricity daily, with a 640-watt peak output, stored in the traction battery to power the vehicle and electronic devices. Its “AIR” system collects airborne moisture via external vehicle-mounted equipment and converts it into purified water through heating, condensation, filtration and disinfection, producing up to 5 liters daily. Together, these technologies provide power and water in remote outdoor settings, offering new solutions for off-road travel and long-distance road trips. At the Moganshan global media off-road experience, JETOUR showcased the C-DM Super Hybrid, XWD intelligent 4WD and GAIA architecture. Features such as visual AI working with chassis sensors and V2L external power supply demonstrated the vehicles’ capabilities in challenging terrain and outdoor energy use. Meanwhile, the G700 Ark Edition completed an emergency navigation drill at a dedicated validation base and underwent global media driving tests, showcasing its water-navigation capabilities and GAIA Ark technology. Future Travel: Connecting People with a Wider World For JETOUR, future travel goes beyond vehicle capabilities to expand travel lifestyles and user relationships. Through partnerships with FIBA, football clubs, and international marathons, JETOUR connects its brand with sporting events, regional cultures, and local communities. These initiatives create more opportunities for global users to engage with the brand, extending "Travel+" beyond vehicles into cultural exchange and lifestyle experiences. At the same time, JETOUR continues integrating ecological conservation into travel. From crested ibis and Tibetan antelope conservation initiatives in China to global projects protecting cheetahs, sea turtles, markhor, and harpy eagles, "Travel+" extends beyond exploring distant places to encompass care for nature and ecosystem protection. From technology applications and expanded travel scenarios to global user engagement and ecological conservation, JETOUR continues to enrich the practical meaning of "Travel+". Looking ahead, JETOUR will remain focused on users' real-world mobility needs, deepening the integration of technological innovation with diverse travel scenarios to connect people with a wider world. ABOUT JETOUR Launched in 2018 under the “Travel+” strategy, JETOUR spans over 100 countries and regions with 2,000+ sales and after-sales outlets, 50 million+ global users, and R&D networks across the EU, Middle East, Central & South America, and ASEAN. Its T-Series (light off-road) and G-Series (premium luxury off-road) serve urban commuting, family road trips, camping, and long-distance journeys.
- October 27, 2026Consumer Electronics
Fujifilm Launches Hybrid Instant Camera “instax mini Evo 2”
Fujifilm Launches Hybrid Instant Camera “instax mini Evo 2” FUJIFILM Corporation announces the launch of the latest model in the instax™ hybrid instant camera “instax™ Evo” series, the “instax mini Evo 2” (mini Evo 2), on November 27, 2026 onwards. The “instax™ Evo” series is a hybrid instant camera that allows users to take pictures while viewing the LCD monitor on the back of the camera, select their favorite shots to print, and also use the camera as a smartphone printer. The series is known for its immersive shooting experience, enabled by a wide range of creative effects. The “mini Evo 2” is a new addition to the “instax™ Evo” series, further evolving the “instax mini Evo” (“mini Evo”), which has been a global sensation since its launch in 2021. While inheriting the premium and classical design, analog-like operability, and 100 shooting effects created through the combination of 10 Lens Effects and 10 Film Effects, the “mini Evo 2” delivers an even richer shooting experience through enhanced image quality, improved operability, and the introduction of new features. The “mini Evo 2” features a large 4.5-inch LCD monitor, approximately 1.5 times larger than that of the “mini Evo,” delivering excellent visibility and a highly immersive viewing experience. In addition, it is the first model in the instax™ series to incorporate a touchscreen LCD monitor, enabling intuitive operation and easy adjustment of various settings. The maximum image resolution has also been increased to 13 megapixels*1, more than double that of the “mini Evo.” Together with its instant camera functions, the enhanced imaging performance further elevates the value of the “mini Evo 2” as a digital camera. The “mini Evo 2” also introduces the new “instax Expanded View” mode, which displays an area slightly wider than the actual print area during shooting. Users can easily check the scene beyond the print frame while composing a shot, making it easier to capture the perfect moment and achieve the desired composition, even when photographing moving subjects. In addition, the “mini Evo 2” features the new “instax Immersive Movie” function, which records the moments leading up to the shutter release as a five-second video. Users can preserve the story behind a photograph, from changes in a subject’s expression to the movement of the surrounding scenery, capturing the moments before a single image comes to life. Videos can be easily downloaded via the dedicated app*2, enabling users to vividly revisit the atmosphere and memories of the shooting experience. They can also be shared with others, allowing even those who were not present to experience the mood and excitement of the moment. These new features, enabled by the large LCD monitor, further enrich the instax™ experience, from shooting and printing to sharing and revisiting memories. *1 High-resolution shooting at 13 megapixels requires the use of a microSD card. *2 A free app for Android and iOS devices. It is available for download from Google Play for Android devices and from App Store for iOS devices. Android and Google Play are trademarks or registered trademarks of Google Inc. iPhone and App Store are trademarks of Apple Inc. The iPhone trademark is used in Japan under license from Aiphone Co., Ltd. The iOS trademark is used under license from Cisco in the United States and other countries. 1. Product Name, Release Date, Price Product Name Release Date Price (1) Hybrid instant camera “instax mini Evo 2” While inheriting the premium and classical design of the “mini Evo,” the camera body incorporates a refined curved form and a lens ring designed for a comfortable grip, creating a sophisticated and high-quality appearance. Analog-like operability is further enhanced through satisfying tactile feedback and distinctive clicking sounds from controls such as the dials and print lever. Together, these design and operational elements combine to deliver the unique shooting experience of the “instax™ Evo” series, inviting users to enjoy interacting with the camera time and time again. Print Lever Lens Dial Film Dial (2) Camera case for the “instax mini Evo 2” Quick-shot camera case for shooting without removing the camera from the case 2. Main Features of “instax mini Evo 2” (1) Enhanced operability and imaging performance through a large LCD monitor and improved image quality The “mini Evo 2” features a large 4.5-inch LCD monitor, approximately 1.5 times larger than that of the current “mini Evo.” The larger display significantly improves visibility, allowing users to carefully check subjects and compositions while shooting. In addition, the “mini Evo 2” is the first model in the instax™ series to feature a touchscreen LCD monitor. Users can intuitively adjust various settings, such as turning the flash on and off, and browse captured images with a swipe motion, just like flipping through instax™ prints. The “mini Evo 2” also delivers enhanced imaging performance, with the maximum image resolution increased to 13 megapixels*3, more than double that of the “mini Evo.” The higher resolution enables users to capture images with greater detail and clarity, further improving the camera’s performance as a digital camera. *3 Maximum image resolution when using a microSD card with the “instax Expanded View” mode turned off. (2) “instax Expanded View” mode for greater compositional freedom when photographing moving subjects With the “instax Expanded View” mode, the LCD monitor displays an area slightly wider than the actual print area. Users can better time their shots as subjects move into the frame, making it easier to capture moving subjects with the desired composition at the perfect moment. The mode gives users greater freedom to focus on both framing and timing, enabling them to create images that reflect their individual style. Capture images with greater control over composition and timing (3) “instax Immersive Movie” function captures the story behind every shot The “instax Immersive Movie” function records the moments leading up to the shutter release as a five-second short video. Users can capture the story behind a photograph, from the process of composing a shot to the atmosphere just before the shutter is pressed and subtle changes in a subject’s expression. The recorded videos can be viewed directly on the camera or transferred to the dedicated app for download to a smartphone. Saved in a vertical 9:16 format, the videos are also ideal for sharing on social media. (4) Updated Shooting Effects for Greater Creative Expression Some of the popular Lens Effects and Film Effects from the current “mini Evo” have been updated. The camera features 10 Lens Effects, including “Afterimage,” which creates a striking sense of motion and atmosphere, and “Soft Focus,” which delivers a gentle, dreamy look, as well as 10 Film Effects, including “Yellow Green” for a light and airy mood and “Deep” for a calm, subdued tone. By freely combining these effects, users can enjoy 100 Shooting Effects, enabling a wider range of photographic expression and allowing them to express their individuality through instax™ prints. (5) Expand the enjoyment of photography with the dedicated app Images captured with the “mini Evo 2” and videos recorded using the “instax Immersive Movie” function can be transferred to the dedicated app after printing with the “mini Evo 2.” Transferred images and videos can then be downloaded to a smartphone. In addition to Bluetooth®*4 connectivity, the dedicated app supports a high-speed transfer mode via Wi-Fi, enabling smoother transfer of images and videos. The “Print History” feature allows users to view transferred images and videos in a single gallery and add personal comments to preserve memories and stories associated with each shot. With the “Direct Print” function, photos taken on a smartphone or favorite images stored on a smartphone can be printed as instax™ prints using the “mini Evo 2.” This function also allows the “mini Evo 2” to be used as a smartphone printer. *4 The Bluetooth® word mark and logo are registered trademarks owned by Bluetooth SIG, Inc. and FUJIFILM Corporation uses these marks under license. 3. Promotion for the “instax mini Evo 2” The “mini Evo 2” enables users to create images that reflect their individuality through 100 Shooting Effects created by combining 10 Lens Effects and 10 Film Effects, as well as through composition using the “instax Expanded View” mode. With the “instax Immersive Movie” function, users can also record the moments leading up to the shutter release, creating a more immersive shooting experience. To communicate the unique appeal of the “mini Evo 2,” which allows users to revisit not only the moment a photo was taken but also the story behind it, Fujifilm will launch a global marketing campaign under the message, “show how you see the world.” Through online channels, social media, in-store promotions, and other touchpoints, Fujifilm will bring the appeal of the “mini Evo 2” to a wider audience. About the instax™ brand Since its original launch in 1998, the instax™ series of instant cameras has embraced trends and evolving technologies with time and expanded its lineup to include not only analog instant cameras, but also hybrid instant cameras using digital technology, smartphone printers and palm-sized digital camera. The instax™ continues to offer diverse ways to enjoy photography, broadening the user base in more than 100 countries. * instax , instax mini Evo , instax Expanded View and instax Immersive Movie are registered trademarks or trademarks of FUJIFILM Corporation. Product Images Download All
- October 27, 2026Business
Sky high dining: Melbourne Central unveils first look of entertainment precinct set to offer rooftop dining with CBD views
Lord Mayor joins GPT and project partners to celebrate progression of works Melbourne Central , one of Australia’s most recognisable shopping centres, has officially marked the expansion and redevelopment of levels 3 and 4, set to transform the iconic CBD destination into a major new dining, entertainment precinct, active well beyond traditional retail hours. City of Melbourne Lord Mayor Nicholas Reece today joined The GPT Group (GPT) and project partners to celebrate a turning point in Melbourne Central’s $170 million transformation – offering a first look at the scale of works now taking shape across the landmark destination’s upper levels. Against the backdrop of Melbourne’s CBD skyline, the occasion was marked with a ceremonial wall demolition on Melbourne Central’s rooftop. With demolition of the former rooftop area now complete, works will progress to deliver approximately 7,800sqm of new retail, dining and entertainment space across Levels 3 and 4, set to become an 18/7 extended trading hour destination. The expanded Centre will introduce Melbourne’s first flagship Books Kinokuniya store, a large-format entertainment hub, and new premium dining zones positioned behind expansive glass overlooking La Trobe Street - creating an elevated experience in one of the CBD’s busiest precincts. For Melbourne, the project represents a significant private investment in the continued evolution of the CBD and its night-time economy, creating more reasons for workers, students, residents and visitors to spend time in the city . Upon completion in 2028, Melbourne Central will expand to approximately 63,000sqm, delivering a substantially enhanced offering for the more than 55 million visitors who pass through its doors each year. Lord Mayor Nicholas Reece said the milestone demonstrated continued confidence in Melbourne and the future of its CBD. “Melbourne is a city that never stands still, and investments of this scale help ensure our CBD continues to evolve with new experiences for residents, workers and visitors. “Melbourne Central sits at the intersection of so much of what makes our city special, including retail, hospitality, entertainment, education and public transport. This redevelopment adds another meaningful dimension to that experience. “A thriving night-time economy is an important part of a vibrant, globally competitive city. Creating more reasons for people to come in, stay longer and enjoy everything the CBD has to offer is good for surrounding businesses, good for our city and good for Melbourne’s future.” Chris Barnett, Head of Retail at The GPT Group, said the milestone was about celebrating the point at which the vision for Melbourne Central’s next chapter was becoming a physical reality. “Melbourne Central has always evolved alongside the city around it, and this transformation is about building on that legacy in a meaningful way. The precinct we're delivering will be just as relevant at 9pm as it is at lunchtime – a destination where people can meet, discover, dine, shop and be entertained. "The demand we're seeing from leading retailers and hospitality operators for space in this development reflects the same conviction we have in Melbourne's CBD. Experience-led destinations in well-connected city locations continue to attract genuine, long-term commitment from the best brands in the market. “Our $170 million investment reflects our confidence not only in Melbourne Central, but in the enduring appeal of Melbourne’s CBD. We’re excited to be delivering something that will contribute to the energy of the city and support its continued growth well into the future.” GPT is partnering with Maben Group and ARM Architecture to deliver the redevelopment. Craig Gathercole, Director of Maben Group, said the commencement of construction marked an important step in delivering a complex redevelopment within one of Melbourne’s busiest destinations. “Moving into the next phase of work is an exciting milestone for everyone involved as the vision of Melbourne Central’s next chapter becomes increasingly visible. “Delivering a project of this scale within a fully operational CBD destination takes careful coordination and planning, and our focus remains on delivering GPT’s vision while ensuring Melbourne Central continues to operate seamlessly for its customers, retailers and visitors throughout construction.” Spanning two city blocks between Lonsdale and La Trobe Streets, Melbourne Central is home to more than 300 retailers across five levels and sits within one of Melbourne’s most concentrated retail, entertainment, education and transport precincts. - ENDS - For further media enquiries, please contact: Kate Hayhoe External Communications Manager M + 61 414 892 579 [email protected]
- October 27, 2026Travel & Leisure
Behind Bangkok Airways Public Company Limited’s Aviation Ecosystem: Harnessing Business Synergies for Sustainable Growth
Behind every flight is a network of businesses working together to keep operations running smoothly. Beyond operating Samui, Sukhothai, and Trat airports, Bangkok Airways Public Company Limited has built an integrated aviation ecosystem that includes ground handling, air cargo, and airline catering. By bringing these businesses together, the Group strengthens service quality and operational efficiency while advancing its commitment to sustainability through the Boutique Footprints concept. A seamless travel experience involves far more than the flight itself. It depends on the coordinated efforts of teams across multiple businesses, from passenger and baggage handling to cargo management and inflight meal preparation. Each operation has a distinct role, yet all contribute to the same goal: delivering safe, reliable, and efficient services while making responsible use of resources. This integrated approach reflects the vision of Dr. Prasert Prasarttong-Osoth, Founder of Bangkok Airways, who recognized the value of connecting aviation-related businesses to support long-term growth. By linking airline operations, airport management, ground handling, air cargo, and airline catering, he laid the foundation for an interconnected business model that continues to support Bangkok Airways Group today. Building on this foundation, the Group continues to strengthen collaboration across its businesses, with Boutique Footprints reflecting its commitment to creating positive impacts through responsible operations. The concept extends beyond individual environmental initiatives to encompass the way the Group delivers services, works with business partners, supports communities, and manages its environmental responsibilities. BFS Ground: Keeping Airline Operations Moving with Safety and Precision Bangkok Worldwide Flight Services Co., Ltd. (BFS Ground), one of the companies under the Bangkok Flight Services (BFS) Group, supports airline operations through a comprehensive range of ground handling services. These include passenger reception and check-in, baggage handling, aircraft ramp operations, and ground support equipment for arriving and departing flights. Behind every turnaround is a team working to coordinate multiple tasks within tight operational timelines. Precision, skilled personnel, effective communication, and strict compliance with aviation safety standards are essential to keeping operations running efficiently. BFS Ground serves more than 80 airline customers and handles an average of over 6,600 commercial flights per month. Its operations are supported by approximately 2,100 units of ground support equipment, including more than 150 electric and hybrid vehicles and equipment units. These capabilities demonstrate the scale and complexity of ground operations while highlighting opportunities to improve resource efficiency. The use of electric and hybrid ground support equipment also supports efforts to reduce reliance on conventional fuel-powered equipment as part of the transition toward more sustainable ground operations. BFS Cargo: Strengthening Air Logistics Through Expertise and Efficiency While ground handling keeps passenger and aircraft operations moving, air cargo connects businesses and markets through the movement of goods. WFSPG Cargo Co., Ltd. (BFS Cargo), part of the Bangkok Flight Services (BFS) Group, provides cargo terminal management and air freight handling services that support this essential link in the aviation supply chain. Its operations cover general cargo as well as specialized shipments, including live animals, pharmaceuticals, and medical supplies, which require appropriate handling and storage. Maintaining cargo integrity throughout the process calls for careful coordination, operational expertise, and compliance with applicable aviation safety and cargo-handling requirements. BFS Cargo serves more than 80 airline customers and has the capacity to handle over 565,000 tonnes of cargo annually. Supporting these operations is an evolving smart warehouse approach focused on operational excellence, continuous process improvement, and more effective workforce planning. By improving the way people, processes, and facilities work together, these initiatives help strengthen operational efficiency and support the reliable movement of goods across global supply chains. BAC: Delivering Quality Inflight Meals While Reducing Food Waste Another essential part of the travel experience begins before passengers board their flights. Bangkok Air Catering Co., Ltd. (BAC), a leading airline catering service provider, manages the production and delivery of inflight meals, from ingredient sourcing and meal preparation to quality control, packaging, and delivery to aircraft. Every stage requires careful planning and coordination to maintain food quality, hygiene, and safety while meeting the different requirements of airline customers. In 2025, BAC produced and delivered more than 7.19 million meals to over 40 airline customers, with a maximum production capacity of 30,000 meals per day. These capabilities reflect its role in supporting airline operations through consistent service standards and the capacity to accommodate a range of catering requirements. Beyond food quality and safety, BAC also focuses on responsible resource management, particularly food waste reduction. Planning production volumes to better match demand helps limit unnecessary food preparation, while waste segregation and appropriate handling of food scraps and residual materials support more efficient resource use. These practices align with circular economy principles by encouraging the responsible management of materials throughout the production process. By addressing food waste at its source and improving how residual materials are managed, BAC contributes to the Group’s broader sustainability efforts through practical changes in day-to-day operations. Synergy: Connecting Expertise to Create Greater Value BFS Ground, BFS Cargo, and BAC each bring specialized expertise to the aviation industry. Yet their contributions extend beyond their individual operations. Together with Bangkok Airways’ airline business and airport operations, they form an interconnected ecosystem in which coordination across businesses supports the overall travel and logistics experience. This is where synergy makes a difference. When teams, resources, and operational capabilities work together, the Group can strengthen service delivery, improve efficiency, and identify opportunities to use resources more responsibly. Each business contributes its own expertise while supporting a shared commitment to operational excellence and sustainable development. For Bangkok Airways Group, the strength of this ecosystem lies not in any single business, but in how the different parts work together. From the moment passengers arrive at the airport to the handling of their baggage, the movement of cargo, and the preparation of inflight meals, every operation contributes to the wider system that makes air travel possible. This collaborative approach also provides a foundation for embedding sustainability into everyday business practices. Improving operational processes, using resources more efficiently, and reducing avoidable waste are practical ways to support responsible growth while maintaining the service standards expected by passengers and business partners. Through its Boutique Footprints concept, Bangkok Airways Group continues to pursue a business approach that connects service excellence with responsibility toward society and the environment. The aim is not simply to move people and goods from one place to another, but to create lasting value through the way its businesses operate, collaborate, and contribute to the communities they serve. Because behind every successful flight is more than an aircraft taking off or landing. It is the collective effort of people, businesses, and shared expertise working together, and the positive impact they can create along the way.
- October 27, 2026Business
Frost & Sullivan Released the 2026 Global Gene Therapy Industry Development Blue Book
Frost & Sullivan officially released the 2026 Global Gene Therapy Industry Development Blue Book in October 2026, in collaboration with industry partners. The report systematically examines the industry’s development history, core technology classifications, policy and capital market dynamics, upstream and downstream value chains, bottlenecks in viral vector manufacturing, clinical progress across key indications, reimbursement pathways, and the competitive landscape. It also identifies key challenges and opportunities in vector technologies, large-scale manufacturing, clinical translation, commercial reimbursement, and regulatory frameworks, while exploring the industry's current landscape and future trends driven by technological breakthroughs, regulatory improvements, capital investment, and commercialization. By connecting industry participants, investment institutions, and regulatory authorities, the report provides forward-looking market insights and strategic guidance for technology planning, product development, industrialization, international collaboration, and the improvement of industry standards. (To read the 2026 Global Gene Therapy Industry Development Blue Book , visit: https://hub.frost.com/global-gene-therapy-industry-development/ ) Gene therapy is an innovative therapeutic approach that treats diseases by modifying, replacing, supplementing, or regulating human genes, targeting genetic abnormalities at the root cause of disease. Unlike conventional drugs that primarily alleviate symptoms or slow disease progression through long-term administration, gene therapy aims to provide one-time or long-lasting therapeutic benefits, offering new possibilities for treating inherited disorders, ophthalmic diseases, cancer, and chronic conditions. With continued advances in gene editing, delivery systems, manufacturing processes, and commercialization capabilities, the global gene therapy industry is transitioning from early-stage technological exploration toward large-scale application. Key Market Observations from the Blue Book 1. Technological Revolution: Gene Therapy Shifts Disease Treatment from Symptom Management to Addressing Underlying Causes Gene therapy is built around the principle of addressing the underlying causes of disease. Four core technological approaches have emerged: gene replacement, gene addition, gene expression alteration, and gene editing. 2. Industry Advancement: Scalable Manufacturing and Quality Control Become Critical to Commercialization As gene therapy pipelines progressively advance into late-stage clinical development and commercial registration, industry competition is shifting from R&D capabilities toward manufacturing capacity and Chemistry, Manufacturing and Controls (CMC) capabilities. 3. Commercialization Prospects: From High-Value Patient Populations to Broader Chronic Disease Markets The core value of gene therapy lies in its potential to transform disease treatment from continuous drug administration toward one-time intervention with long-term or potentially lifelong benefits. However, successful commercialization depends not only on technological advancement but also on achieving an appropriate balance between clinical benefits and economic value. In general, diseases associated with a high disease burden, substantial unmet medical needs, and high long-term treatment costs are more likely to offer initial commercialization opportunities. Global and Chinese Markets Enter an Accelerated Growth Phase The global gene therapy market is transitioning from early commercialization toward large-scale application. According to the Blue Book, the global gene therapy therapeutics market is projected to grow from USD 0.1 billion in 2021 to USD 32.0 billion by 2035. Between 2021 and 2025, the market experienced rapid growth from a relatively small base, primarily driven by new product approvals, accelerated clinical translation, and the low-base effect. Growth rates are expected to moderate during 2025 - 2030 and 2030 - 2035, while the overall market continues to expand, reflecting a gradual transition from early-stage market expansion toward more stable growth. By 2035, the global market is projected to reach USD 32.0 billion, while China’s gene therapy therapeutics market is expected to reach RMB 22.8 billion. China's gene therapy therapeutics market is characterized by an early regulatory breakthrough, delayed commercialization growth, and substantial future growth potential. In 2003, Shenzhen SiBiono’s recombinant adenovirus-p53 injection, Gendicine®, received regulatory approval, marking an early milestone in gene therapy product approval and clinical translation in China. As gene delivery vectors, manufacturing processes, clinical research capabilities, and regulatory review mechanisms continue to mature, alongside growing unmet medical needs in oncology, rare diseases, and inherited disorders, China’s gene therapy market is expected to enter a period of accelerated growth. Future product approvals, expanded clinical applications, improved reimbursement systems, and stronger value chain capabilities will collectively support further market expansion. Looking ahead, gene therapy commercialization is expected to follow a development pathway characterized by initial breakthroughs in diseases with high treatment burdens, improved clinical translation through well-defined targets and measurable endpoints, and gradual penetration into chronic disease markets. Ophthalmic diseases, hematologic disorders, and certain rare inherited diseases are expected to establish reimbursement pathways first. Oncology, CNS disorders, cardiovascular diseases, and metabolic conditions may subsequently unlock broader market opportunities as evidence of long-term efficacy, safety, and cost-effectiveness continues to accumulate. 4. Industry Ecosystem: Regulatory, Technological, and Quality Advances Accelerate the Scaling of Gene Therapy The gene therapy industry is evolving from individual product breakthroughs toward a more mature ecosystem driven by coordinated advances in regulatory policies, technological innovation, and quality management systems. On the regulatory front, global and Chinese regulatory frameworks continue to evolve, with increasingly clear technical guidelines and expedited approval pathways covering pharmaceutical development, nonclinical research, clinical development, long-term follow-up, and rare disease therapies. These developments are expected to reduce uncertainty in R&D and regulatory registration, facilitating the clinical translation of gene therapy products. Meanwhile, technological advances in AI-assisted AAV vector design, base editing, RNA editing, and novel delivery systems are improving delivery efficiency, tissue targeting, editing precision, and in vivo safety. These innovations are supporting the expansion of gene therapy from early clinical proof of concept to applications across a broader range of diseases. About Frost & Sullivan's Life Sciences Practice The Life Sciences Practice of Frost & Sullivan has professional analytical capabilities and extensive project experience in the field of life sciences. Leveraging Frost & Sullivan's global think tank resources and the cross-industry business development platform in Greater China, the Life Sciences Practice of Frost & Sullivan has unique core advantages in investment and financing services for the life sciences industry. The Life Sciences Practice of Frost & Sullivan has a wide range of corporate clients in China and has established a vast client network over the past 20 years, accumulating extensive project experience in various sub-sectors of life sciences. Project types include Knowledge Center projects (in-depth content, promotional activities), Pre-IPO projects (DCF valuation, business plan services), IPO listing projects (industry consulting, clinical audit, fundraising and investment writing), market research, market value management, and strategic consulting. We also cooperate with well-known domestic and international information platforms and investment and financing institutions to provide one-stop solutions for enterprises in specialized sub-fields such as pharmaceuticals and medical devices, attracting widespread attention from investors. Editorial Team Yiwen Ding Frost & Sullivan Greater China Life Sciences Consulting Manager Email: [email protected]
- October 26, 2026Travel & Leisure
Jetstar makes history with the first-ever passenger flight from Western Sydney International Airport
Jetstar has made Australian aviation history, operating the first-ever commercial passenger flight from Western Sydney International Airport (WSI) today. Jetstar flight JQ362 departed Western Sydney for the Gold Coast at 11am (AEDT), carrying the first customers to fly out of Sydney's new 24-hour airport. The sold-out service was the first from a major new Australian airport in more than 50 years. The celebrations continue all day with Jetstar flight JQ363 from the Gold Coast set to land at 3pm as the airport’s first-ever commercial passenger arrival, followed by the first departure to Melbourne, flight JQ375, at 6pm. Demand has been so strong since flights went on sale in June that Jetstar has already grown the Western Sydney to Gold Coast route from four flights a week to daily. The airline will fly up to 24 return services a week from Western Sydney, including up to 14 to Melbourne, daily services to the Gold Coast, and three to Brisbane. Flights will be operated by Airbus A320 aircraft seating up to 188 customers, carrying around 460,000 seats to and from WSI each year. The new services add to Jetstar and Qantas’ existing network at Sydney’s Kingsford Smith Airport, giving customers across Greater Western Sydney and the surrounding regions a choice of two Sydney airports depending on where they live, work, and want to travel. Jetstar’s plans at Western Sydney International Airport could soon reach beyond Australia, with the airline recently bidding to operate flights to Bali. The new route would grow its extensive Bali network and give people in Western Sydney a direct flight to one of Australians’ favourite holiday destinations. Opening day sale: To celebrate the start of flights from Western Sydney, fares are on sale starting from: Western Sydney – Gold Coast one way from $54^ Western Sydney – Melbourne one way from $61^ Western Sydney – Brisbane one way from $65^ Comments from Jetstar CEO Stephanie Tully: “This is an historic day for aviation in Australia, and we’re proud to bring more choice and low fares to Western Sydney. “For many customers, the uber or taxi across the city has been the most expensive part of their trip. "From today, for three million people who live in and around Western Sydney, low fares start a lot closer to home. "We've got a strong track record of opening up new markets, and Western Sydney, one of the fastest growing regions in the country, is going to be one of the great ones. “We can't wait to help more people takeoff more for less." Western Sydney International Airport CEO Simon Hickey said: “As Australia’s first major international greenfield airport in more than 50 years, in the cultural heartland of one of Australia’s most rapidly growing regions, WSI brings the world closer to Western Sydney and opportunity closer to home. “We are delighted to launch our inaugural passenger flight with Jetstar today – an airline, which since its inception, has continued to boost access to air travel for Australians across the nation. “Today we mark an incredible milestone for WSI, Western Sydney and New South Wales. Our city now has a 24-hour airport that will grow with Sydney for the coming century and expand choice and flexibility for travellers and airlines, and connect more people with more places and greater opportunities.” The Qantas Group at Western Sydney International The Qantas Group is building a strong presence at Western Sydney International Airport. Qantas Freight has been operating at WSI since July, with up to 72 flights per week, helping move parcels around the country. With more freighters arriving in recent weeks, WSI is going to be a critical part of freight operations this year’s peak from Black Friday and Cyber Monday right through to Christmas and the New Year sales. From 28 March 2027, Qantas will add passenger services with QantasLink Embraer E190 aircraft to Melbourne and Brisbane, four times a week on each route with business and economy cabins. ^Sale ends 11.59pm AEDT Monday 26 October 2026, unless sold out. Prices based on payment in AUD at jetstar.com. A Payment Fee applies for Afterpay and Zip payments, see jetstar.com/fees. One-way, includes one Underseat carry-on bag and Priority Carry-on can be purchased (subject to availability). Excludes checked bags. Travel dates and conditions apply.
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