Bangkok Airways Receives a 5-Star “Excellent” Rating in the 2026 Corporate Governance Report (CGR) Reaffirming Its Commitment to Good Corporate Governance and Sustainable Business Growth
Bangkok Airways Public Company Limited (BA) has achieved the highest rating of 5 stars, or “Excellent,” in the 2026 Corporate Governance Report of Thai Listed Companies (CGR), conducted by the Thai Institute of Directors (IOD) with support from the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC). This recognition reflects the Company’s continued commitment to conducting its business in accordance with good corporate governance principles, with a strong emphasis on transparency, accountability, ethical business practices and responsibility to all stakeholders. Mr. Puttipong Prasarttong-Osoth , President of Bangkok Airways Public Company Limited, said, “ Receiving the 5-star ‘Excellent’ rating is another proud achievement for Bangkok Airways. It reflects our continued efforts to strengthen corporate governance across the organisation, with transparency, ethical business practices and accountability at the heart of everything we do. We remain committed to achieving sustainable, quality growth in line with our vision, ‘Leading Aviation with Responsibility, Delivering Services with Sustainability.’ ” “ We believe that good corporate governance is fundamental to sustainable business operations and essential to building trust among shareholders, investors, customers and all stakeholders. Moving forward, we will continue to enhance our governance practices and operational standards while creating shared value across economic, social and environmental dimensions. These efforts will contribute to the Company’s long-term stability and sustainable growth ,” Mr. Puttipong concluded.
Yamaha Motor to Exhibit All-New NMAX E and XENTER E Electric Scooters at EICMA — Proposing new mobility experiences through electrification in the carbon-neutral era
Yamaha Motor to Exhibit All-New RW Series’ RW700 and RW350 at EICMA — Adventure Scooters Bringing New Enjoyment to Mobility
FEATURED NEWS
- November 4, 2026Science
Hamilton Launches the Duo Syringe Pump for Flexible, Precise Liquid Delivery in Research Applications
The Duo Syringe Pump combines two independently controlled syringe drives with an integrated touchscreen. The interface simplifies channel configuration, syringe selection, flow parameters, and method setup, while real-time monitoring provides a clear overview of channel status, delivered volume, and process progress. Saved methods and independent LED status indicators further support efficient, repeatable operation. Designed to Make Complex Workflows Easier to Control “Researchers often need to work with different syringes, flow rates, and fluidic setups depending on the application,” said Adrian Megan, Product Manager at Hamilton . “With the Hamilton Duo Syringe Pump, we wanted to combine this flexibility with a modern, intuitive user interface, making it easy to set up and independently control two processes from one compact instrument.” Designed to provide stable, low-pulsation liquid delivery even at low flow rates, the Duo Syringe Pump features interchangeable single- and dual-syringe holders for greater application flexibility. Each drive can operate a single syringe independently, while the dual syringe holder enables two matched syringes to move simultaneously. Configure the Pump Around the Application "Hamilton’s expertise extends across both precision glass syringes and syringe pumps, giving us a unique advantage in this space,” said Dara Stroup, Group Product Manager at Hamilton . “Because we design and manufacture both the syringes and pumps, we were able to take a system-level approach to developing a solution that supports reliable and repeatable performance.” The interchangeable syringe holders enable one, two, three, or four-syringe configurations , allowing the syringe pump to adapt to different requirements. Optimized for Hamilton precision lab syringes , the pump supports syringe volumes from 0.5 µL to 50 mL , while selected third-party syringes can also be used if they meet the required compatibility specifications. The Duo Syringe Pump can be positioned horizontally or vertically to fit different laboratory environments. Optional accessories, including a solenoid valve with pressure sensor, bubble sensor, and additional syringe holder configurations, extend the syringe pump for advanced fluidic control and greater process visibility. A New Addition to the Hamilton Liquid Handling Portfolio “The launch of the Duo Syringe Pump represents an important step in expanding Hamilton’s liquid-handling expertise into a broader range of scientific and industrial applications. For decades, our experience in high-precision liquid handling and OEM integration has enabled customers to build reliable, demanding solutions around Hamilton technology. With this product, we are bringing that same foundation of precision, quality, and long-term thinking into a flexible platform designed to open new possibilities for researchers and innovators. Its adaptable configurations and highly reproducible performance will help users achieve exceptional results across multiple liquid-delivery workflows and application areas," said Ciprian Ractei, General Director at Hamilton Central Europe. From Microfluidics to Analytical Chemistry The Duo Syringe Pump is designed to support research workflows across academia and life sciences, analytical chemistry, microfluidics and organ-on-chip research, chemical synthesis, materials research, and preclinical and physiological research . Applications include reagent delivery, controlled dilution, direct infusion, sampling, microfluidic flow control , parallel delivery of two liquids, and continuous or multi-step liquid-delivery workflows. The Hamilton Duo Syringe Pump is available for research use only. Not for use in diagnostic procedures or for administration to humans. About Hamilton For more than 75 years, Hamilton Company has been a global life sciences leader in the design and manufacturing of precision measurement devices, automated liquid handling platforms, and sample management solutions. Headquartered in Reno, Nevada, with key manufacturing and R&D affiliates in Bonaduz, Switzerland, Franklin, Massachusetts, and Timisoara, Romania, Hamilton serves the scientific community through a robust network of sales and support offices worldwide. Hamilton's expertise spans across liquid handling, process analytics, robotics, and automated storage, providing the foundational tools necessary for groundbreaking scientific research and clinical discovery. By combining the best-quality materials with skilled workmanship and a lifelong commitment to ISO 9001-certified precision, Hamilton ensures the highest level of performance and reliability. Hamilton remains dedicated to driving innovation and satisfying the evolving needs of laboratories across the globe, maintaining a steadfast focus on quality and customer success. Hamilton Laboratory Products Media Contacts Hamilton EMEA: Sorina Bunaciu-Velescu Hamilton Central Europe Email: [email protected] Americas: Will McDonald Hamilton Company Email: [email protected]
- November 4, 2026Business
IOI Inks Renewable Energy Partnership With TNB For 500 MWac Large-Scale CRESS Project
IOI Corporation Berhad (“IOI”) announced that its wholly owned subsidiary, Luminous Aspect Sdn Bhd (“Luminous”), has entered into a joint venture and shareholders’ agreement on 3 November 2026 with TNB Renewables Sdn Bhd (“TRe”), a wholly owned subsidiary of Tenaga Nasional Berhad (“TNB”), and CSP 500MW Sdn Bhd (“Consortium of SMEs”), to jointly develop a 500MWac solar photovoltaic project integrated with a 250MW/1,000MWh battery energy storage system (“BESS”). The project marks IOI’s first large-scale renewable energy project under the Corporate Renewable Energy Supply Scheme (“CRESS”). Under the agreement, TRe will hold a 70% stake in Bahau Energy Ventures Sdn Bhd, the renewable energy development company (“RED”), while Luminous and Consortium of SMEs will hold 25% and 5% respectively. Together with the signing of this agreement, the RED has also entered into a long-term land lease agreement with IOI on approximately 1,300 acres of land in Bahau, Negeri Sembilan. The project will be supported by TNB’s long-term renewable energy offtake agreement with DayOne Data Centres Limited (“DayOne”), a leading global digital infrastructure platform headquartered in Singapore. Under the agreement, DayOne is expected to procure up to 500MWac of renewable energy over a 21-year period to support its data centre operations in Malaysia, as announced by the parties on 11 June 2025. Dato’ Lee Yeow Chor, IOI Group Managing Director and Chief Executive said: “IOI is pleased to participate in the development of one of the country’s largest solar and energy storage projects under the CRESS framework, together with an experienced renewable energy company as our partner. Supported by an offtake agreement with a reputable data centre company, we are optimistic that the project will yield stable long-term recurring income for IOI, both as a shareholder in the RED and as the lessor of the project site.” This strategic partnership represents an opportunity for IOI to participate in the development of large-scale renewable energy infrastructure in Malaysia and contribute to the country’s transition towards a low-carbon energy future. It aligns well with our Five-Year Strategic Roadmap (2025-2029) to expand our renewables business portfolio which comprises palm wood manufacturing and processing of paper pulp from empty fruit bunch fibres.
- November 4, 2026Business
SIA Engineering Group Posts Profit of $81.9M in 1st Half FY2026-27
Group delivered a strong recovery in operating performance, with operating profit doubling to $25.7 million in 1H FY2026–27 Declared interim dividend of 2.5 cents per share Highlights of the Group’s Performance Group EarningsFirst Half FY2026-27 Group revenue for the first half of FY2026-27 dropped by 9.7% year-on-year to $658.6 million due to lower revenue from materials, with a commensurate reduction in the cost of materials. Excluding materials, revenue was 1.6% higher year-on-year. Group expenditure declined at a higher rate of 11.6% to $632.9 million due to lower material and repair costs and the absence of an impairment provision that was recorded last year. As a result, Group operating profit doubled year-on-year to $25.7 million (+97.7%) on the back of healthy maintenance, repair and overhaul (“MRO”) demand and lower gestation losses at startup subsidiaries. Share of profits of associated and joint venture companies decreased by $7.6 million (-10.7%) year-on-year to $63.7 million due to higher costs incurred for capacity and capability expansion at an engine joint venture, which were partially offset by the higher output and profit margins of other associated companies. Such expansion costs are expected to start tapering off from FY2027-28, with the facility development work projected to be completed by the end of that financial year. The breakdown of the $63.7 million share of profits by segment is as follows: $60.6 million (-$8.0 million) from the engine and component segment, and $3.1 million (+$0.4 million) from the airframe and line maintenance segment. The $12.7 million increase in operating profit was offset by the $7.6 million drop in share of profits of associated and joint venture companies, coupled with lower interest income, higher finance charges and a higher tax provision, which collectively contributed to a $6.5 million year-on-year impact. Owing to these reasons, the Group’s net profit dipped by $1.4 million year-on-year to $81.9 million. Basic earnings per share for the first half of the financial year ended 30 September 2026 was 7.32 cents. Second Quarter FY2026-27 In the second quarter, the Group’s operating profit was $12.5 million, an improvement of $4.6 million year-on-year as the decline in expenditure of 12.2% outpaced the 10.7% decline in revenue, primarily due to lower subcontract services and a one-off impairment provision recorded last year. Share of profits of associated and joint venture companies for the quarter was $32.7 million, a decrease of $0.8 million (-2.4%) year-on-year. The breakdown of the contribution by segment is as follows: $31.2 million (-$0.9 million) from the engine and component segment, and $1.5 million (+$0.1 million) from the airframe and line maintenance segment. The Group’s net profit for the quarter ended 30 September 2026 of $41.6 million was $1.2 million higher year-on-year. Basic earnings per share for the second quarter was 3.72 cents. Group Financial Position As of 30 September 2026, equity attributable to owners of the parent was $1,728.6 million. This was $26.8 million (-1.5%) lower than the position as of 31 March 2026, mainly due to the payment of the final dividend for the last financial year and a decrease in the foreign currency translation reserve, partially offset by profits earned during the period. Total assets, which included a cash balance of $494.4 million, stood at $2,193.6 million as of 30 September 2026. The decrease of $77.2 million (-3.4%) from the position as of 31 March 2026 was mainly due to lower cash balances and lower trade receivables, partially offset by an increase in investment in associated companies. Net asset value per share as at 30 September 2026 was 154.4 cents. Interim Dividend The Company has declared an interim dividend of 2.5 cents per share. Books and Register of Members of the Company will be closed on 13 November 2026 for the purpose of determining shareholders’ entitlements to the interim dividend that will be paid on 27 November 2026. Business Updates Demand for MRO services remained healthy in the half-year ended 30 September 2026. Line Maintenance in Singapore handled 3.3% more flights compared to the same period last year, reflecting increased flight activity. Our wholly-owned subsidiary, Base Maintenance Malaysia (“BMM”), officially opened its facility and first hangar in May 2026. Since completing its inaugural maintenance check in November 2025, BMM has been ramping up its operations and, in July 2026, finished its first A350 maintenance check for Air India, marking a key milestone in its efforts to broaden its customer base. In August 2026, we completed the acquisition of a 30% equity stake in Arport Aircraft Maintenance & Engineering (Fujian) Co., Ltd (“Arport AME”). Through this investment, we will expand our presence in China, with Arport AME providing line maintenance and ground services at airports in Xiamen, Fuzhou, Wuyishan and Longyan. Arport AME will also provide line and base maintenance services at the new Xiamen Xiang’an International Airport, which is scheduled to commence operations in December 2026. We concluded a joint venture agreement with Safran Aircraft Engines in June 2026, to establish a full-fledged CFM LEAP (“LEAP”) engine MRO shop in Singapore. Our current LEAP Quick Turn maintenance capabilities and operations will be integrated into the joint venture, which will eventually operate from a future state-of-the-art engine MRO facility. Safran Landing Systems Services Singapore launched the opening of its additional MRO facility in Loyang in September 2026, raising its capacity by 40%. The new site is expected to be fully operational by December 2026. In July 2026, we signed a legally non-binding Memorandum of Understanding with Air India to explore MRO collaboration opportunities to support the growing needs of the Indian and regional aviation markets, which could potentially include the formation of an MRO joint venture in India. SIA Engineering Company continued to receive industry recognition. We were named “Asia MRO of the Year - Line Maintenance” at Aviation Week’s MRO Asia-Pacific Awards 2026. At the Singapore HR Awards 2026 organised by the Singapore Human Resources Institute, we received the Gold award for Excellence in Talent Strategy and the Silver award for Excellence in People Development. We also received the Bronze award for Excellence in In-house Talent Pipeline Strategy at Human Resources Online’s Human Resource Excellence Awards 2026. Outlook Demand for the Group’s MRO services continues to be underpinned by air travel growth, particularly in the Asia-Pacific region, coupled with the deferred retirement of legacy aircraft amid delays in new aircraft deliveries. Amid the ongoing Middle East conflict which has driven up energy and freight costs, as well as continued supply chain bottlenecks for selected aircraft parts, the Group remains focused on driving productivity improvements, increasing operational resilience and maintaining cost discipline, while staying nimble to capture business opportunities. The Group remains confident in the fundamentals of the Asia-Pacific MRO market and will continue to expand its footprint across the region, scale capacity and enhance capabilities for next-generation aircraft, and strengthen its operational core, to deliver sustainable long-term growth and shareholder value. Note: The SIAEC Group’s unaudited financial results for the half year ended 30 September 2026 were announced on 3 November 2026. All monetary figures are in Singapore Dollars. The Group comprises the Company and its subsidiary, associated and joint venture companies. For the complete first half FY2026-27 financial statements, please refer to the Interim Financial Statements released together with this announcement or the Investor Relations page at www.siaec.com.sg .
- November 4, 2026Business
Grab Reports Third Quarter 2026 Results, Raises Full-Year Guidance
Q3 2026 Revenue grew 27% YoY or 30% on a constant currency basis1 to $1,112 million Q3 2026 Profit for the Period of $18 million Q3 2026 Adjusted EBITDA2 grew 73% YoY to a record $237 million Adjusted Free Cash Flow2 nearly doubled YoY to $533 million on a trailing twelve-month basis Full-year 2026 Group Revenue and Adjusted EBITDA guidance raised to $4.15 - $4.20 billion and $790 - $800 million, respectively Repurchased $400 million of shares in September and October, with $500 million remaining under our program Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the third quarter ended September 30, 2026. “We delivered a record 57 million monthly transacting users on our platform this quarter, despite the elevated fuel prices and macroeconomic headwinds across the region,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab. “More users are transacting on Grab than ever. Our scale and network efficiencies enable us to make our services more affordable for users, and improve earnings opportunities for our driver- and merchant-partners through our proprietary AI-powered tools and access to financing. Southeast Asia continues to be one of the fastest-growing regions globally and remains under-penetrated. We will accelerate our cross-platform strategy to capture this opportunity and drive durable, profitable growth for Grab.” “This was another quarter of profitable growth. Group revenue was up 27% YoY or 30% YoY on a constant currency basis, and we recorded our nineteenth consecutive quarter of Adjusted EBITDA growth to a record $237 million. Adjusted EBITDA margin expanded 565 basis points YoY, with Financial Services achieving Adjusted EBITDA profitability for the first time,” said Peter Oey, Chief Financial Officer of Grab. “Trailing twelve-month Adjusted Free Cash Flow reached $533 million, nearly double the prior year period. As operating leverage continues to build across our core segments, we are raising our full-year 2026 guidance for Group revenue to $4.15 billion to $4.20 billion, and Adjusted EBITDA to $790 million to $800 million. We are also putting our balance sheet to work for our shareholders and reducing our share count by repurchasing $400 million of shares between September and October.” 1 We calculate constant currency by translating our current period financial results using the corresponding prior period’s monthly exchange rates for our transacted currencies other than the U.S. dollar. 2 These are non-IFRS measures. For a reconciliation of non-IFRS financial measures to the most directly comparable IFRS measure, see the section titled “Non-IFRS Financial Measures” in the full press release . Group Third Quarter 2026 Key Operational and Financial Highlights Revenue grew 27% YoY, or 30% YoY on a constant currency basis, to $1,112 million in the third quarter of 2026, driven by growth across all our core segments. On-Demand GMV grew 18% YoY, or 22% YoY on a constant currency basis, to $6.8 billion, as On-Demand MTUs and On-Demand GMV per MTU grew by 16% and 2%, respectively. Total incentives were $737 million during the quarter. On-Demand incentives as a proportion of On-Demand GMV increased 64 basis points YoY to 10.7%, attributed to continued investments into driver supply and driving adoption of new product launches. On a quarter-on-quarter (“QoQ”) basis, On-Demand incentives as a proportion of On-Demand GMV declined 17 basis points. Operating profit in the third quarter increased by 297%, or an $81 million improvement, YoY to $108 million, primarily driven by revenue growth across our core segments, and partially offset by increases in costs of revenue and net impairment losses on financial assets. Profit for the period was $18 million, compared to $17 million in the prior year period. Operating profit increased by 297% and was offset by non-operating items, including a $57 million net fair value loss on our financial assets and liabilities and a $12 million impairment loss on an equity-accounted investee. During the quarter, we also observed lower finance income year over year and higher income tax expense. We expect our profit for the period to continue to reflect a degree of variability tied to fair value measurements and other non-operating items. Adjusted EBITDA was $237 million for the quarter, up 73% YoY from $136 million in the prior year period, as we improved profitability across our core segments. Adjusted EBITDA margin improved to 21.3% of revenue, expanding 565 basis points YoY from 15.6% in the third quarter of 2025. Regional corporate costs3 for the quarter increased by $7 million YoY to $101 million, but declined to 9.2% of Group Revenue from 10.8% in the prior year period. The YoY increase was primarily driven by increases in cloud costs, software costs, and professional fees. On a QoQ basis, regional corporate costs declined by $3 million due to lower staff costs. Gross cash liquidity4 totaled $7.1 billion as of September 30, 2026 compared to $7.4 billion at the end of the prior quarter. Net cash liquidity5 was $5.0 billion as of September 30, 2026 compared to $5.4 billion as of the end of the prior quarter. In September and October, we repurchased $400 million worth of Class A ordinary shares, after which we have $500 million remaining under our share repurchase programs. Upon completion, assuming the current share price level, our cumulative share repurchases since the start of 2024 will total $1.75 billion, allowing us to retire and cancel more than 10% of shares outstanding. Operating Cash Flow was $55 million in the third quarter of 2026, an improvement of $182 million YoY, primarily driven by a $404 million increased inflow of deposits from customers in our digital banking business, which was partially offset by a $294 million increase in loans disbursals in the Financial Services segment. Adjusted Free Cash Flow6 was $286 million for the quarter, an $83 million increase YoY, primarily driven by improvements in Adjusted EBITDA. On a trailing twelve months basis, Adjusted Free Cash Flow was $533 million, nearly double the prior year period. 3 Regional corporate costs are costs that are not attributed to any of the business segments, including certain cost of revenue, research and development expenses, general and administrative expenses and marketing expenses. These regional costs of revenue include cloud computing costs. These regional research and development expenses also include mapping and payment technologies and support and development of the internal technology infrastructure. These general and administrative expenses also include certain shared costs such as finance, accounting, tax, human resources, technology and legal costs. Regional corporate costs exclude share-based compensation expenses and capitalized software costs. 4 Gross cash liquidity includes cash on hand, short-term and long-term time deposits, marketable securities and restricted cash. 5 Net cash liquidity includes gross cash liquidity less loans and borrowings. 6 Starting with the second quarter 2026, Adjusted Free Cash Flow excludes net changes in treasury liquidity positions in the Financial Services segment. Business Outlook The above guidance and expected YoY growth represents our expectations as of the date of this press release and may be subject to change. Segment Financial and Operational HighlightsDeliveries Deliveries revenue grew 21% YoY, or 22% YoY on a constant currency basis, to $561 million in the third quarter. Growth was primarily driven by Food and Groceries GMV expansion and improving monetization in our Advertising business. Deliveries GMV grew 21% YoY, or 24% YoY on a constant currency basis, to $4,500 million in the quarter, driven primarily by the growth in Deliveries MTUs and Deliveries GMV per MTU. Deliveries Segment Adjusted EBITDA grew 58% YoY to $123 million and Deliveries Segment Adjusted EBITDA as a percentage of GMV was 2.7% during the quarter, improving by 65 basis points from 2.1% in the prior year period. The margin expansion was primarily driven by higher Advertising monetization and higher operating leverage. Average monthly active Deliveries merchant-partners grew 7% YoY in the third quarter, while average earnings of these merchant-partners grew 15% YoY. Total quarterly active advertisers on our self-serve platform grew 39% YoY, and average spend of these advertisers grew 13% YoY. Mobility Mobility revenue grew 10% YoY, or 12% YoY on a constant currency basis, to $349 million in the third quarter of 2026. Revenue growth was underpinned by increases in Mobility GMV and continued expansion of Mobility MTUs and transactions. Mobility GMV grew 14% YoY, or 17% YoY on a constant currency basis, to reach $2,335 million during the quarter. Mobility transactions grew 21% YoY, outpacing GMV growth, as our affordable offerings brought more MTUs onto the platform. Mobility Segment Adjusted EBITDA grew 15% YoY to $207 million. Mobility Segment Adjusted EBITDA as a percentage of Mobility GMV was stable YoY at 8.9% during the quarter. During the quarter, active driver-partners grew 4% QoQ and 20% YoY to reach another all-time high as we invested in supply incentives amid efforts to accelerate the transition towards Electric Vehicles (“EVs”). Regional EV penetration reached 18% of completed four-wheel trips, up from 13% in the first quarter of 2026. Financial Services Financial Services revenue grew 124% YoY, or 132% YoY on a constant currency basis, to $201 million in the third quarter of 2026. Revenue growth was primarily driven by increased lending contributions across GrabFin and our Digibanks, including the consolidation of Superbank in June, and the acquisition of Stash beginning this quarter. Total loans disbursed grew 115% YoY to $1.9 billion during the quarter. Gross Loan Portfolio scaled 200% YoY to reach $2.7 billion as of the end of the quarter, from $0.9 billion in the prior year period. Excluding contributions from Superbank, Gross Loan Portfolio grew 115% YoY. Financial Services Segment Adjusted EBITDA turned positive for the first time, improving by $40 million YoY to $12 million from negative $28 million in the prior year period, reflecting increased revenue contributions from our lending businesses and contributions from Superbank and Stash. We are managing credit quality closely as our Gross Loan Portfolio scales. Non-Performing Loans (“NPLs”), measured at 90 days past due, were 2.6% of our Gross Loan Portfolio as of the end of the third quarter of 2026. Our Expected Credit Loss reserves, at 6.5% of our Gross Loan Portfolio as of the end of the third quarter of 2026, covered our NPLs approximately 2.4 times. Total customer deposits across GXS Bank (Singapore), GXBank (Malaysia), and Superbank (Indonesia) grew to $2.7 billion at the end of the third quarter of 2026. Others * Amount less than $1 million Other Events In October 2026, Taiwan’s Fair Trade Commission (“TFTC”) rejected our previously announced proposed acquisition of Delivery Hero’s foodpanda Taiwan business. As a result, Grab will incur a $60 million break fee, to be recorded in the fourth quarter 2026. The break fee is a merger and acquisition-related cost that will be fully reflected in our IFRS results, recorded before profit for the period, and will be excluded from Adjusted EBITDA, a non-IFRS measure. This expense has no impact on our full-year 2026 Group Revenue and Adjusted EBITDA guidance. About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 900 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. We operate supermarkets in Malaysia under Jaya Grocer and Everrise, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country. As part of our financial services offerings, we also provide digital banking services through GXS Bank in Singapore, GXBank in Malaysia and Superbank in Indonesia, as well as retail wealth management and investment services through Stash in the United States. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone. Grab strives to serve a triple bottom line – we aim to simultaneously deliver financial performance for our shareholders and have a positive social impact, which includes economic empowerment for millions of people in the region, while mitigating our environmental footprint. We use our website as a means of disclosing material information about our company. Such disclosures will be included on our website in the “Investor Relations” section or at investors.grab.com . Accordingly, investors should monitor such sections of our website, in addition to following our press releases, SEC filings and public conference calls and webcasts. Information contained on, or that can be accessed through, our website does not constitute a part of this document and is not incorporated by reference herein. Forward-looking statements, non-IFRS definitions and reconciliations, and the unaudited financial statements are available in the full press release (PDF) .
- November 4, 2026Finance & Loan
Thai Union’s Strategy 2030 delivers record Q3 sales of THB 35.7 billion while gross profit margin again exceeds 20%
Thai Union Group PCL today reported third-quarter sales of THB 35.7 billion, an increase of 3.4% year-on-year, marking three consecutive quarters of growth. Profitability strengthened further, with operating profit increasing 16.2% to THB 2.1 billion and gross profit margin reaching 20.4%. This marked the second consecutive quarter above 20%, reinforcing Thai Union’s progress toward its full-year guidance. Net profit increased 3.2% year-on-year to THB 1.35 billion. These results reflect Thai Union’s ability to navigate a challenging global environment through the disciplined execution of Strategy 2030. Despite higher energy, freight and raw-material costs and pressure on consumers from inflation, Thai Union continued to grow sales of higher-value products while improving productivity and delivering cost savings. Thiraphong Chansiri, President and CEO of Thai Union Group , said: “Our third-quarter performance shows continued progress in strengthening Thai Union’s core business and improving profitability. We delivered some of our strongest sales ever and maintained our gross profit margin above 20% for a second consecutive quarter. This reflects the disciplined execution of Strategy 2030, including continued investment in our brands and premiumization, streamlining production, and capturing synergies across the group.” Strategy 2030 Strengthens the Core Business Ambient branded sales increased 6.9% year-on-year, supported by investment in marketing, new formats, refreshed packaging and brand positioning. Thai Union continued to expand King Oscar’s premium portfolio in the U.S. and develop Parmentier as a premium brand, alongside brand revitalization across key markets. Innovative products—such as Thai Union’s unique pulled tuna—leveraged the global capabilities of the group, with the new format launching under five European brands. Together, these initiatives support growth in higher-value products and stronger margins in the group’s core business. i-Tail Corporation Public Company Limited also announced the acquisition of Phelps Pet Products, a U.S.-based manufacturer of premium pet treats and snacks, for approximately USD 160 million or THB 5.3 billion. Thai Union Feedmill Public Company Limited established Thai Union Feedmill Ecuador S.A.S. to invest in an aquaculture-feed facility in Ecuador. These investments selectively extend Thai Union’s capabilities in attractive growth categories and strengthen its presence across the Americas. On Track for a Strong 2026 Thai Union enters the final quarter of 2026 with solid momentum. For the first nine months, sales increased 4.0% year-on-year, and gross profit margin reached a nine-month record of 20.0%, while earnings per share rose 7.8% to THB 0.97. Thai Union is also sharpening how it deploys capital, prioritizing investment in areas with the strongest potential returns, actively managing working capital and optimizing its financing. Sustainability remains integrated into these decisions, including through the company’s use of blue financing, aligning its financial strategy with its long-term sustainability ambitions. Thiraphong Chansiri said: “With the strong performance we have delivered through the first nine months, we remain confident in our full-year guidance. More importantly, we are making clear choices about where we invest and how we grow, strengthening our brands, expanding higher-value businesses, and focusing our capital on the opportunities that can deliver the most value. We are confident that Strategy 2030 is positioning Thai Union to deliver stronger, more sustainable growth.”
- November 4, 2026Finance & Loan
CapitaLand China Trust Receives Inaugural ‘BBB’ Rating with Stable Outlook from Fitch
Rating enhances the Trust’s funding flexibility and access to debt capital markets CapitaLand China Trust (CLCT) has received a Long-Term Issuer Default Rating of ‘BBB’ with Stable Outlook from Fitch Ratings (Fitch), marking its first investment-grade rating from Fitch. The rating reflects CLCT’s credit profile and its disciplined approach to capital management. CLCT also received a senior unsecured rating of ‘BBB’ from Fitch. Fitch’s assessment highlights the resilience of CLCT’s well-located retail assets in Beijing and Guangzhou, which have maintained high occupancy and achieved growth in tenant sales. Fitch also recognises CLCT’s access to a high-quality retail tenant network through its sponsor, CapitaLand Investment Limited (CLI), alongside funding access and low funding costs supported by its association with CLI, while taking into consideration prevailing economic conditions in China and its business park market. Mr Gerry Chan, CEO of CapitaLand China Trust Management Limited, the manager of CLCT, said: “Receiving our first investment-grade credit rating from Fitch marks an important milestone for CLCT. It reflects the resilience of our portfolio, disciplined financial management and prudent approach to capital allocation. The rating will enhance our access to debt capital markets in Singapore and Greater China, support funding diversification and reinforce stakeholder confidence in our financial resilience. As we continue to navigate evolving market conditions, we remain committed to maintaining a healthy balance sheet while pursuing sustainable long-term growth for our unitholders.” DBS Bank Ltd. acted as the sole rating adviser to CLCT. Please refer to Fitch’s announcement on CLCT’s credit ratings for more information. About CapitaLand China Trust (SGX: AU8U) CapitaLand China Trust (CLCT) is Singapore’s largest China-focused real estate investment trust (REIT). CLCT’s portfolio comprises eight shopping malls, five business park properties and four logistics park properties. Its total property value is S$4.3 billion based on valuations of its proportionate interests in the portfolio as at 31 December 2025. The geographically diversified portfolio has a total gross floor area of approximately 1.7 million square metres, located across 11 leading Chinese cities. CLCT was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) on 8 December 2006, and established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate and real estate-related assets in mainland China, Hong Kong and Macau that are used primarily for retail, office and industrial purposes (including business parks, logistics facilities, data centres and integrated developments). CLCT is managed by CapitaLand China Trust Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real asset manager with a strong presence in Asia. For more information, please visit: www.clct.com.sg . About CapitaLand Investment Limited (SGX: 9CI) CapitaLand Investment (CLI) is a leading global real asset manager with a strong presence in Asia. Headquartered and listed in Singapore, CLI operates in over 40 countries, connecting institutional capital to investment opportunities through its on-the-ground expertise and deep local capital networks. Its portfolio spans strategic investments in commercial, lodging and living, logistics and self-storage, data centres and real estate credit, aligned with its high conviction themes. CLI is focused on scaling its asset-light, recurring fee income across fund management, commercial and lodging management, delivering sustainable long-term value through disciplined capital management and responsible investing. For more information, please visit: www.capitalandinvest.com .
- November 3, 2026Business
Launching "SkyAviators": Global Aviation Weather Intelligence
Weathernews Inc. (Head office: Mihama-ku, Chiba City; CEO: Tomohiro Ishibashi) has launched global operations of SkyAviators, an integrated aviation weather service designed to support safe operations in the aviation industry and help airlines create flight plans more efficiently. SkyAviators is an integrated aviation weather service that consolidates weather data and content needed for operations to empower confident decisions on whether to operate flights based on objective data. With the recovery of demand for flights following the COVID-19 pandemic, operations managers and meteorological teams in charge of flight planning at airlines face the challenge of maintaining and bolstering operational systems amid gaps in experience between veterans and junior employees as well as a surge in data volume and workload. SkyAviators supports the aviation industry by providing a common aviation weather information platform where weather data and content for operations can be verified seamlessly, enabling workers to make decisions on whether to operate, regardless of experience level. SkyAviators is equipped with a feature that allows users to compare and verify the forecast accuracy of weather models. This proprietary technology from Weathernews visualizes how accurate different weather models are during a given period for each airport, enabling you to make operational decisions based on objective data even in difficult situations where weather models give conflicting results. SkyAviators also automatically detects and aggregates weather risks from over 3,500 airports worldwide, presenting them as a summary that can be verified instantly. Airports at risk of exceeding thresholds for wind speed, visibility, and cloud ceiling can be identified right away, allowing not only for real-time airport monitoring but also rapid response to flights departing from and arriving at those airports, improving overall operational efficiency. As the manifestation of all the aviation weather expertise that Weathernews has accumulated with clients over 40 years, SkyAviators helps creates a deeper understanding of weather information and supports rapid decision-making. Achieving standardized, efficient decision-making that transcends gaps in experience through SkyAviators will help support safe and sustainable operations across the aviation industry. See the SkyAviators service website : https://wxtech.weathernews.com/en/products/sky/aviators/ Inquiries: https://sea.weathernews.com/seanavigator/ The Story Behind the Development of SkyAviators Weathernews has provided aviation weather services for over 40 years, helping clients solve various challenges. The impact of workforce reductions due to lower demand during the COVID-19 pandemic lingers in the aviation industry, and a growing gap in experience and weather literacy between experienced and junior operations managers and meteorologists at airlines has surfaced. The rapid recovery in passenger demand has also led to a surge in the level of expertise needed for operational decisions as well as in data volume and workload, creating the new challenge of maintaining stable flight operations while bolstering systems and skills in line with the pace of recovery. These circumstances have made building systems where everyone, from experienced to junior workers, can make operational decisions regardless of experience level a crucial issue across the aviation industry. It is within this context that Weathernews has developed SkyAviators, an aviation weather information platform that enables airlines to share the same weather data and content and make evidence-based operational decisions. SkyAviators: Supporting Safe Flights and Operational Streamlining in the Aviation Industry SkyAviators is an integrated aviation weather service that leverages the Weathernews weather database to support decision-making in airline operations management. Conventional operations management requires the individual collection and monitoring of weather information and forecasts for multiple airports and flight routes from a wide range of sources, but with SkyAviators, users can seamlessly verify not only METARs (Meteorological Aerodrome Reports) and TAFs (Terminal Aerodrome Forecasts) for airports worldwide but also vast global aviation data from satellite images, radar, and live cameras, as well as data on lightning, typhoons, volcanic ash, turbulence, and weather information by altitude. Multiple weather models can also be compared on the same screen, making it possible to see data from multiple perspectives, which significantly streamlines data collection and analysis. This enables users to quickly and accurately understand potential weather risks and make efficient, highly accurate operational decisions. Weather Model Evaluation for Making Decisions on Whether to Operate Based on Objective Data SkyAviators focuses on enabling workers involved in operations to make decisions on whether to operate based on accurate data and evidence. To achieve this, it assesses the forecast accuracy of TAFs, ECMWFs (European Centre for Medium-Range Weather Forecasts), GFS (Global Forecast System), and the proprietary Weathernews weathermodel, visualizing how accurate TAFs and weather models were during a given period for each airport. This enables clear operational decision-making using the weather model assessment as a reference even in difficult circumstances where TAF and weather models give conflicting results, improving the quality of decisions. Visualization of weather model forecast accuracy on SkyAviators Automatic Airport Weather Risk Detection for Higher Operational Efficiency Airports at risk of exceeding thresholds for such factors as weather, wind speed, visibility, and cloud ceiling are automatically extracted in real time from over 3,500 airports worldwide. Airports with weather risks are summarized and presented on the screen, making it possible to instantly identify airports that require caution from among a vast number of locations monitored. This reduces the risk of overlooking locations monitored and contributes to more efficient operations monitoring on a global scale. Visualization of weather model forecast accuracy on SkyAviators Going forward, Weathernews plans to incorporate real-time aircraft turbulence data essential for safe aircraft operations into SkyAviators to provide an even more sophisticated analysis and forecasting service that integrates weather data with actual operational conditions. Weathernews also plans to add an AI agent to support weather risk analysis for operational decisions. The AI agent will recommend optimal routes, accounting for safety from among vast weather models and real-time data, and will provide immediate answers based on objective evidence for specific questions such as, "What is the risk of inclement weather at this specific airport in the next two hours?" to support rapid decision-making. By enhancing the features in SkyAviators and helping improve weather literacy across entire airlines, transcending position and role to include not only meteorological teams and operations managers but also pilots, cabin crew, mechanics, station control, ground staff, and airport staff, Weathernews will contribute to higher safety and operational quality in the aviation industry.
- November 3, 2026Top Stories
Making Intelligence Operational: JD.com CEO Sandy Xu on Turning Enterprise AI into Business Value
Making Intelligence Operational: JD.com CEO Sandy Xu on Turning Enterprise AI into Business Value Editor’s Note: How can AI move beyond experimentation to deliver meaningful results for businesses and customers? In the FII Institute’s Enterprise AI Impact Report , JD.com CEO Sandy Xu shares her perspective on embedding AI into real-world operations, connecting decisions across business processes, and building open ecosystems for innovation. Originally published in the report in October 2026, the following article explores how JD.com is putting these ideas into practice across retail, logistics, healthcare and industrial supply chains. To get a parcel moving through a logistics network, you need to have a series of decisions operating as one. Stock must be positioned, goods picked and sorted, transport assigned and the final journey planned. Tinkering around the edges – such as making one decision faster – can help with the process. But connecting those decisions can change how the whole operation works – for the better. That’s the distinction Sandy Xu, CEO, JD.com, draws between AI experimentation and enterprise capability. The company’s starting point is the same question it asks of other investments in its business. Does the technology improve the customer experience, lower costs and increase efficiency? “It becomes an enterprise capability only when it is embedded in real business processes and consistently delivers measurable results,” Xu says. JD.com has applied AI across more than 3,000 scenarios in businesses spanning retail, logistics, healthcare, industrial supply chains and food delivery. But as every major organization is finding with their AI adoption, the challenge is to connect that activity to useful operational change. Where Decisions Become Actions Xu sees particular potential where information meets the physical world. Language models already help JD.com employees work with information in functions like customer service and finance. It’s a little trickier in logistics and industrial operations, which add equipment, inventory and people to the equation. “AI often creates the greatest value not where there is the most information, but where information can ultimately be translated into decisions and actions,” she says. A model’s understanding becomes commercially relevant when it helps determine what to buy, where to put it or how to fulfil a customer’s request. In logistics, JINGDONG Logistics’ MetaBrain connects AI with planning and decision-making across the network. Xu said it has been used in more than 1,000 logistics and supply chain scenarios, with the objective of moving from improving individual processes towards forecasting and coordination across connected operations. AI can also be used in physical environments thanks to increasing innovation in embodied AI, in relatively controlled environments, including warehouse navigation and moving goods – with Xu expecting its role to expand further as perception, reasoning and execution improve. Learning the Industry AI excels at general knowledge, but industrial procurement shows we also need more specialized AI capabilities built for specific industries and use cases. Products have detailed specifications, and data standards can differ depending on which business or supplier you’re working with. So JINGDONG Industrials has developed JoyIndustrial, an industrial supply chain foundation model combining AI with accumulated product and supply chain knowledge. Xu says the business used more than 70 AI agents across its value chain in the first half of 2026, including applications in product data, matching supply and demand, procurement and fulfilment. Yet the larger opportunity, Xu argues, lies in joining work that has previously been fragmented. Marketing content can be generated more efficiently within one department, while it’s possible now to use AI to connect customer demand to product selection, inventory forecasting and fulfilment. All that of course requires changes within the company itself, too, from responsibilities to information flows. Xu draws a parallel between AI and electrification: businesses gained more when they redesigned production around a new capability than when they simply substituted equipment within an existing process. Her argument for AI suggests that organizations need to examine what work should become once information and decisions are able to move differently. Measuring the Difference At JD.com, there has been a gradual process of connecting and upgrading operations, bringing individual workflows into a more integrated whole, says Xu. Leaders have to decide who owns a process, how teams cooperate and what governance applies when an agent participates in work spanning several functions. It would be easier to just install another tool rather than improve those relationships, but the relationships determine whether the technology becomes part of how the business actually runs. “Good enterprise AI should ultimately be visible in financial performance, operational metrics and customer experience,” says Xu. For her, model specifications, consumption measures and the number of tools deployed are insufficient proxies. For the operator, useful measures include inventory turnover, fulfilment efficiency, costs and workforce productivity. For the customer, the question is whether needs are better understood and service improves. For partners, it is whether participation becomes easier and creates opportunities for growth. Together, those measures connect internal productivity with external value. But despite the potential of AI, Xu is clear that people are part of that calculation. JD.com trains frontline employees in robot maintenance and repair as automation spreads through its operations. Xu’s view is that repetitive work can shift towards technology while employees develop technical skills and focus more on judgement and service – but that transition will require investment in capabilities, as well as equipment. Building Open Ecosystems Xu expects the next stage of enterprise AI to depend increasingly on open ecosystems that bring together different types of expertise. JD.com’s JoyInside embodied AI platform, powered by its proprietary JoyAI model, is one example. Through an open ecosystem, it is working with nearly 200 brands across appliances, robotics, healthcare, toys and other categories to bring AI into a wider range of hardware and real-world applications. JINGDONG Industrials’ Baichuan Initiative takes a similar approach, bringing together industrial companies and partners to share capabilities and explore new AI applications across industrial supply chains. Both show why applying AI in specialized environments requires more than technology alone. Domain knowledge, relevant data and real-world operating experience often sit across different organizations. Partnerships can bring these complementary capabilities together, helping AI move into real-world applications and enabling businesses to create value together. It’s a lesson Xu believes other enterprise leaders can learn from: if you understand the business problem, connect the people and processes needed to solve it, you can then measure the result. AI becomes consequential when it changes the decisions that move products, fulfil needs and create value – but the real test starts when the demonstration ends and the operation is underway. ( [email protected] )
- November 3, 2026Finance & Loan
Allianz General spotlights smarter home protection as household risks evolve
Allianz General Insurance Company (Malaysia) Berhad (Allianz General) is encouraging households to reassess their home insurance coverage as evolving risks – from floods and fire to rising replacement costs and changing home lifestyles – continue to make adequate home insurance increasingly important. While home insurance has long been available, many still overlook the need to review whether their coverage remains relevant to the way they live today. Homes are no longer just living spaces; they are also workplaces, learning spaces and places where valuable items such as digital devices, appliances, furniture and personal belongings are kept. “Adequate home protection goes beyond just having a policy in place. The real question is whether the coverage is still relevant to the value of the home, what’s inside it and the risks households face today,” said Allianz General Chief Retail Officer, Linda Lor. “As lifestyles change and the cost of replacing household items increases, reviewing your home insurance is essential to ensure your coverage adequately protects both your home and its contents.” Allianz General’s Smart Home Cover is designed to provide flexible and comprehensive protection for different household needs, allowing customers to insure their home structure (under the HouseOwner component), household contents (HouseHolder) or both, making it suitable for homeowners, renters and landlords. Depending on the selected coverage, Smart Home Cover can help protect against loss or damage caused by insured events such as fire, flood, burst pipes, lightning, burglary and other unexpected incidents. It also offers practical additional benefits including home repair and maintenance support, mortgage loan instalment protection and landlord-related protection. To address the needs of modern homes, Smart Home Cover now also offers All Risk Solar Panel, an add-on under the HouseOwner (Building) component. All Risk Solar Panel, available starting 31 October 2026, provides coverage for accidental loss or damage to solar panels, as well as protection for damage to panels and cables caused by animals. “Homes today are changing, and home protection must keep pace. From work-from-home equipment to solar panels, households are making significant investments in their living spaces. Smart Home Cover helps customers protect what matters while giving them the flexibility to choose coverage that fits their needs,” Linda added. Customers who purchase or renew a Smart Home Cover Annual policy with the All Risk Solar Panel add-on under the HouseOwner (Building) component for their property can enjoy up to 30% discount on their HouseOwner (Building) coverage. Allianz General is also running a campaign from 31 October to 31 December 2026, where customers who purchase a Smart Home Cover Annual policy with the All Risk Solar Panel add-on will receive a complimentary fire blanket, limited to 1,000 units on a first-come, first-served basis. For greater convenience and peace of mind, Smart Home Cover is available with a Multi-Year Plan, offering three years of uninterrupted protection with a single premium payment. Customers who purchase a Smart Home Cover Multi-Year policy with a minimum gross premium of RM1,000 can receive a complimentary 2-in-1 Hotpot & Barbecue Grill Cooker, while stocks last. Further, Smart Home Cover is one of the eligible products under the Allianz Golden 250 Campaign, which runs from 1 August to 31 December 2026. Every purchase or renewal of eligible policies during this period will be automatically entered into the draw to stand a chance to win exciting prizes, including gold wafers and e-vouchers. Terms and conditions apply. For more information, please visit: Allianz General Smart Home Cover Allianz Golden 250 Campaign
- November 3, 2026Business
US and Canadian Tourists Embark on 12-Day China Tour as Visa-Free Policies Boost Inbound Travel
China is expanding high-level opening-up, granting unilateral visa-free entry to travelers from 50 countries, including Canada, and 240-hour visa-free transit to citizens of 57 countries, including the US—boosting travel from these two key markets. Recently, 117 American and Canadian tourists embarked on a 12-day China tour supported by the China National Tourist Office in Toronto. Organized by TripToGo, a Toronto agency specialized in North American travel, the itinerary spans Beijing, Shanghai, Hangzhou, and Hong Kong under the theme “Historic Capital–Modern Metropolises–Picturesque Jiangnan–Dynamic GBA.” The trip featured cultural experiences and urban exploration. In Beijing, tourists climbed the Juyongguan Great Wall, visited Tian’anmen Square and the Palace Museum to take in the ancient capital’s grandeur, then wandered hutongs and watched performances for a taste of local life. En route to Shanghai, they enjoyed meal service on the high-speed train, experiencing China’s fast, convenient rail network. They then strolled the Bund for its historic architecture and Pudong skyline, cruised the Huangpu River at night, and visited the Shanghai Museum East for a window into China. In Suzhou and Hangzhou, the group took a rowboat ride along Pingjiang Road, toured West Lake, climbed the Liuhe Pagoda for views of the Qiantang River, visited a Meijiawu tea plantation, and studied Kunqu opera. Amid lakes, hills, tea fragrance, and rich cultural heritage, they experienced the allure of “picturesque Jiangnan.” The journey concluded in Hong Kong, where they visited the Avenue of Stars, rode the Peak Tram, enjoyed the Victoria Harbour light show, and joined a wine and food festival, savoring the romance of the “Pearl of the Orient.” CCTV.com ’s program City Fun joined the group to explore each city’s cultural highlights through a “tourism+” lens and a youthful approach. It showcased fresh travel ideas and in-depth experiences, helping cities revitalize cultural tourism resources and spur local spending. As China works to become a tourism powerhouse during the 15th Five-Year Plan period, its inbound tourism services and international appeal will keep improving. The trip both expanded in-depth China tours for the North American market and let overseas visitors witness firsthand a real China where tradition and modernity intertwine—fostering cross-cultural dialogue through tourism.
- November 2, 2026Sports
Paul Smith and Harrows Darts unveil new collaboration
British fashion designer Paul Smith is bringing his distinctive design eye to the world of darts, teaming up with one of the sport’s most established manufacturers, Harrows Darts . The collaboration brings together two British brands with more than a century of combined heritage to create a specially designed collection of darts and dartboards, set to be sold through Paul Smith stores across the UK, Europe and the USA. It marks a meeting of British fashion, design and sport, reimagining one of the game’s most recognisable pieces of equipment at a time when darts is enjoying a cultural resurgence and reaching audiences far beyond its traditional heartlands. Founded just three years apart, Paul Smith and Harrows Darts have spent more than half a century building British brands in very different industries. The new collaboration celebrates those two histories, combining Paul Smith’s distinctive design approach with the precision engineering behind Harrows’ performance darts and boards. The limited-edition collaboration has been built around a shared focus on craftsmanship and attention to detail, bringing together Paul Smith’s unmistakably British design with Harrows’ more than 50 years of experience engineering equipment for the sport. Celebrating Paul Smith’s iconic aesthetic, the ‘Harrows for Paul Smith’ collection sees the designer’s vibrant signature colours applied across two pieces of professional-grade darts equipment: a limited-edition dartboard and specially designed set of 90% tungsten darts. The Harrows for Paul Smith darts combine precision engineering with distinctive design. They feature Harrows’ Quick Point System, allowing players to change points in seconds using a specially designed tool, which also doubles as additional point storage. Made from 90% tungsten, the high-density material allows the darts to carry their weight in a slimmer barrel, helping players group their darts more closely together on the board. Each barrel is CNC-milled, a precision manufacturing technique that enables more intricate shapes and cuts than traditional machining methods. The result is a sophisticated, tactile finish designed to provide consistent grip, feel and balance, dart after dart and throw after throw, finished with Paul Smith’s signature use of colour. The limited-edition dartboard has been given the same attention to performance and detail. Made from Madagascan sisal fibres, it features a dense, resilient playing surface designed to recover after each throw, while Paul Smith’s distinctive colour palette gives the traditional board an unmistakable new look. Ultra-fine hardened wiring maximises the available target area and helps reduce bounce-outs, while Harrows’ built-in TruLevel system allows the board to be precisely levelled once mounted. Importantly, Harrows for Paul Smith is a genuine co-branded collaboration rather than a traditional licensing agreement, with both British brands working together creatively to develop a collection that combines Paul Smith design with Harrows’ professional-grade darts equipment. The collaboration will have an international footprint, appearing in Paul Smith flagship stores in the UK as well as Paris, Luxembourg, Amsterdam, Los Angeles and New York. Managing Director, Damian Ara, from Harrows Darts, said: “At the heart of this collaboration is a shared love of great design, craftsmanship and the details that make something feel special. “Paul Smith and Harrows have both spent more than 50 years perfecting their craft. We may come from different worlds, but we share a passion for creating beautifully considered products that are made to be used and enjoyed. “Darts fans are passionate about the game, but increasingly they care about design too. They want something that performs brilliantly at the oche but that they’re equally proud to have on display at home. “That’s what we’ve created with Paul Smith. His distinctive approach to colour and design runs through the collection, alongside the engineering, innovation and performance people expect from Harrows. It feels like a real celebration of both brands – our shared British roots, our attention to detail and a belief that great design and great performance should go hand in hand.” The collaboration arrives as the traditional image of darts is also undergoing something of an overhaul. The emergence of a new generation of players, coupled with the so-called “Littler effect”, has helped propel darts further into mainstream entertainment and popular culture, while younger audiences are increasingly picking up the arrows themselves. A recent study of 2,000 UK adults commissioned by Harrows Darts offers a snapshot of that changing audience. Almost two thirds of 18 to 24-year-olds (64%) and 25 to 34-year-olds (65%) said they had played darts in the past year, compared with just 27% of over-55s. Almost half (45%) of UK adults surveyed said they had played during the same period, while one in three women (33%) had also picked up the arrows. Damian Ara, from Harrows Darts, added: “Darts is having a real cultural moment. The people playing it, watching it and engaging with the sport are changing. Today, seeing darts cross over into fashion and design feels like another sign of just how far the sport has travelled. “This is a true co-branded collaboration, not a paid-for licensing deal, with both brands working together creatively to bring the range to life.”
- November 2, 2026Business
Geely E2 (EX2) Reaches One Million Global Sales in just 2 years
Geely Auto announces the Geely E2 (EX2) has surpassed one million units in cumulative global sales just 2 years after launch, marking a major milestone for the model’s fast-growing global footprint. Averaging roughly one Geely E2 (EX2) sold every minute, the milestone demonstrates its accelerating global market traction. Sales Momentum Since Launch First launched on October 9, 2024, the Geely E2 (EX2) has hit successive sales milestones at a rapid pace. It exceeded 10,000 units in only 16 days, passed 200,000 units in just over 200 days, topped 600,000 units on day 536, hit 800,000 units by July 2026, and crossed the one-million threshold in early October 2026 — exactly 24 months from its debut. With 465,775 units sold in 2025, the Geely E2 (EX2) became the world's best-selling car in A&B segments and China's best-selling car across all segments (per IHS Markit). Its success has extended strongly overseas: it was Australia’s top-selling passenger car in its launch month, claimed the No.1 EV spot in South Africa and Jordan’s top BEV ranking for three consecutive months, and secured a top-two BEV position in Mexico for August and September 2026, according to local industry data. As of October 2026, the Geely E2 (EX2) is available in more than 30 markets across Europe, Latin America, Asia-Pacific, Africa and the Middle East. Product Strength Behind the Sales Built as a Smart Space Urban Car, the Geely E2 (EX2) is engineered for everyday mobility, balancing safety, nimble handling, practical cabin space and intelligent features. In September 2026, it became one of the first small cars to secure dual five-star safety ratings under the 2026 Euro NCAP and 2026 ANCAP test protocols. Safety foundations include a reinforced cage body, seven airbags and Geely Battery Safety System. Its rear-wheel-drive layout, multi-link rear suspension and tight 4.95-meter turning radius deliver agile urban maneuverability. A highly integrated 11-in-1 electric drive unit optimizes packaging to unlock a genuine five-seater cabin, a 70-liter frunk and flexible cargo capacity. It is equipped with the Flyme Auto smart cockpit and 540° Transparent Chassis to enhance daily usability. The Next Phase of Global Expansion Hitting one million global sales within 2 years proves the Geely E2 (EX2) resonates widely across diverse markets and customer requirements worldwide. The milestone signals the model’s evolution from fast early adoption toward sustainable, established global sales performance. More broadly, it highlights Geely Auto’s capability to deliver globally competitive battery-electric vehicles to mainstream markets, laying solid groundwork for the next phase of international expansion for the E2 (EX2).
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