APAC News
Grid My Business Launches Major Upgrade with Enhanced Accuracy, AI Automation, and Full GBP Integration
Grid My Business, a local rank tracker tool , releases its most extensive upgrade yet, introducing more than 15 new features designed to make local SEO easier, faster, and smarter. The release highlights a fully reimagined interface, AI-powered automation, and new Google Business Profile tools, with additional upgrades spanning rankings, reviews, citations, and team workflows. The updated Grid My Business platform represents a ground-up rebuild focused on speed, accuracy, and automation. The new system addresses common pain points in local SEO management while introducing capabilities that weren't available in the previous version. Key upgrades include: Faster and more accurate rankings that go beyond basic position tracking Flexible location pins with full control to delete, move, and add pins anywhere Streamlined Google Business Profile management for complete GBP control within the platform Time-saving AI agents that automate tedious tasks, including advanced review management capabilities Citation Manager with NAP distribution ensuring consistent business information across all directories Lightning-fast interface that completes tasks in seconds rather than minutes Seamless collaboration tools for agencies managing multiple client accounts And more. "Local search is becoming more competitive every day, and businesses need tools that can keep pace,” said Mark Gan, Community Manager at Grid My Business. “This upgrade puts the most advanced local SEO capabilities directly in the hands of every user." The team has already planned a detailed roadmap for upcoming updates, including further improvements to agency workflows, enhanced collaboration features, and expanded automation capabilities. As local search continues to grow in importance, Grid My Business aspires to become the leading solution for local SEO professionals and agencies worldwide. To learn more about the new features and experience the upgraded platform, visit https://gridmybusiness.com .
Malaysia AI Breakthrough: Sungai Samak Estate to be Next Data Centre Power Base
Orica and Oyu Tolgoi partnership drives mining innovation and efficiency in Mongolia
IGB Berhad Enters into Joint Venture to Acquire and Develop Land in Southkey, Johor Bahru
- August 31, 2025Business
Vicinity Centres and LVMH extend strategic partnership, reinforcing Chatswood Chase as northern Sydney’s fashion capital
Vicinity Centres ( Vicinity ) is delighted to announce the extension of its strategic partnership with global luxury powerhouse, the Louis Vuitton Moet Hennessy Group ( LVMH ). Building on Vicinity’s strong partnership with LVMH at Chadstone in Victoria and QueensPlaza in Queensland, this next chapter will see LVMH’s portfolio of iconic Maisons anchor the reimagined Chatswood Chase, thereby reinforcing its position as Sydney’s newest fashion capital. Rivalled only by Chadstone, Chatswood Chase will house a comprehensive collection of globally coveted luxury brands, complemented by an elite mix of premium Australian and international designer fashion, along with a curated selection of on-trend athleisure and expanding lifestyle brands. "Our enduring partnership with LVMH is built on a deep understanding of luxury retail, mutual trust, and a shared commitment to creating long-term value." Peter Huddle, CEO and Managing Director. Peter Huddle, CEO and Managing Director of Vicinity Centres , said: “We are delighted to extend our strategic partnership with LVMH, welcoming twelve flagship LVMH brands to Chatswood Chase. Our enduring partnership with LVMH is built on a deep understanding of luxury retail, mutual trust, and a shared commitment to creating long-term value.” Marco Comazzi, President South Asia of Louis Vuitton, added: “Australia remains a strategically important market for Louis Vuitton, and we are committed to strengthening our presence to offer exceptional services and experiences to our Australian clients. The revitalisation of Chatswood Chase presents an opportunity to bring our Spirit of Travel and ongoing celebration of culture and craftsmanship to life.” Chatswood Chase’s landmark transformation is redefining luxury retail, with a complete revitalisation and elevation of the centre’s design across all four floors, including the addition of a rooftop lifestyle and wellness precinct. The redevelopment is focused on delivering an experience that is commensurate with the world’s best premium shopping destinations. The redeveloped Chatswood Chase is opening in two phases, with the first phase commencing from October 2025, in time for Christmas. This initial opening will unveil the centre’s ground level along with levels two and three and will introduce a refreshed fashion and expanded lifestyle offering. The eagerly anticipated opening of northern Sydney’s most comprehensive luxury retail precinct is expected to launch from April 2026, featuring some of the world’s most recognisable luxury brands alongside LVMH’s portfolio of Maisons, marking a major milestone in the centre’s evolution. Mr Huddle concluded , “As demonstrated by today’s announcement, Vicinity’s willingness, and importantly, its capability to invest in and deliver large scale, transformational developments continue to be a competitive advantage for Vicinity, today and for the long-term. “Together with our retail partners, we are proud and excited to bring the Chatswood Chase project to market, a first of its kind destination for Sydney’s highly affluent North Shore communities.”
- August 31, 2025Business
EVT Launches Connect Hospitality and Announces Acquisition of Pro-invest Hotels
EVT Connect Hospitality, the third-party management offering of EVT Limited, announces the acquisition of Pro-invest Group’s hotel management company. The transaction includes long term Hotel Management Agreements for 15 hotels across Australia and New Zealand, comprising approximately 3,200 rooms, operated under third party brands. Pro-invest Group will retain asset management responsibilities for the 15 hotels owned by the three hotel investment funds via its fund management platform. The hotels will continue to operate under their existing brands, and for guests and partners, it will be business as usual. Completion of the transaction will be subject to informal clearance from the Australian Competition and Consumer Commission and certain procedural conditions precedent. Pro-invest will retain its operating capacity and will continue to manage its VISTA hotels portfolio, while expanding its focus in commercial office, Flex living and other operational real estate investment opportunities, including BTR. Its fully integrated platform will continue to offer a suite of services across investment, development, asset management, and operations. Since its inception, Pro-invest Group has demonstrated its ability to develop, open, and operate real estate assets, having grown to a network of 30 hotels across Australia and New Zealand. “Our goal has always been to deliver high-quality, resilient assets that meet the evolving needs of modern travellers and investors alike,” said Ronald Barrott, Founder and Chairman of Pro-invest Group. “We will continue to focus on hotel asset management while expanding in the rapidly growing sectors of flex living, BTR, and mixed-use developments. “This deal with EVT is the right deal to benefit both our investors and our people and will further enhance EVT’s growth trajectory”. Jane Hastings, CEO of EVT said, “The launch of EVT Connect Hospitality, seeded by the acquisition of PIH, represents a further initiative to grow hotel earnings. EVT Connect Hospitality will further enhance EVT’s ability to deliver value for asset owners who seek to franchise a third-party brand, supported by the expertise of the PIH team and now boosted by the ability to leverage our extensive EVT Group expertise. We look forward to welcoming the PIH team to our Group.” Said Steve Carroll, Head of Hotels & Hospitality for CBRE: “This is an exciting deal that will enhance the hotel operating environment across Asia Pacific. EVT Connect Hospitality will inject expertise and capability to drive operating performance of the hotels. This operating solution is widely used across North America and Europe, and we expect this model to continue to evolve and grow across Asia Pacific in future years. We congratulate both parties on this transformational deal.”
- August 28, 2025Business
Challenger to launch innovative ASX notes backed by public and private credit
Challenger Investment Management (Challenger IM), part of Challenger Limited, has today announced plans to launch an innovative first-of-its kind listed unsecured investment structure, Challenger IM LiFTS 1 Notes ( Challenger IM LiFTS ) to be quoted on the ASX. Challenger IM LiFTS will provide Australian investors with a fixed term investment paying monthly interest payments (deferrable in certain circumstances), which will be paid from proceeds from a managed and diversified portfolio of credit exposures. The launch marks a significant step in Challenger’s strategy to broaden access to income-generating investments and expand its presence in the listed debt market. It also signals the start of a new issuance program, designed to meet growing demand for private credit exposure in a more accessible format. Victor Rodriguez, Chief Executive, Funds Management, said the launch was aligned with Challenger’s long-term growth plans and commitment to investment excellence. “This is a strategic milestone for Challenger, and we’re thrilled to launch this innovative, first-of-its-kind note structure to the Australian market. It builds on our 20 years of experience investing in public and private credit and reflects our commitment to growing our listed retail presence with institutional grade income-focused solutions,” Mr Rodriguez said. “With the growing demand for private credit, Challenger IM LiFTS aims to provide access to this asset class via an ASX-listed fixed term debt security. We have secured cornerstone commitments of $100 million in under 24 hours from its opening demonstrating strong market appetite for this product,” he said. Challenger IM LiFTS offers a fixed term of seven years (with a target repayment date on the sixth anniversary of issue), monthly interest payments (deferrable in certain circumstances) and daily liquidity via the ASX. The interest rate payable is 1M BBSW + 2.75% per annum and includes a first loss buffer, designed to provide additional credit enhancement to noteholders. The underlying portfolio is expected to comprise of more than 100 credit exposures across private and public markets, with limits on individual positions and industry concentrations to support diversification. Challenger IM is one of Australia’s most experienced credit managers with more than $16 billion1 in fixed income assets under management, and a strong track record of delivering risk-adjusted returns through multiple market cycles. Challenger IM LiFTS is being brought to market by a syndicate including lead arrangers National Australia Bank, CommSec, E&P Financial and Morgans, with joint lead managers Ord Minnett, Wilsons, Canaccord and Taylor Collison. ENDS For more information contact: Felicity Goodwin Head of Public Affairs, Challenger P: 0461 579 782 E: [email protected] About Challenger Challenger Limited (Challenger) is an investment management firm focused on providing customers with financial security for a better retirement. Challenger operates a fiduciary Funds Management division and an APRA-regulated Life division. Challenger Life Company Limited (Challenger Life) is Australia's largest provider of annuities. Disclaimer: Challenger IM Capital Limited (ACN 687 738 263) ( Issuer) is the issuer of the unsecured, deferrable, redeemable, floating rate notes known as the Challenger IM LiFTS 1 Notes ( Notes ) which are intended to be quoted on the ASX. The Notes are redeemable by, and the interest is deferrable by, the Issuer. Unless otherwise specified, any information contained in this material is current as at the date of publication and has been prepared by the Issuer. The offer of Notes will be made by a Prospectus which is available, along with a target market determination (TMD), at www.fidante.com/challenger-im-lifts. It is important for you to consider the prospectus and whether you are in the target market in the TMD in deciding whether to invest. You will need to complete the application form accompanying the prospectus. No cooling off rights apply to an investment in the Notes. The Issuer has appointed Fidante Partners Services Limited (ACN 119 605 373) ( FPSL ) as authorised intermediary to make offers to arrange for the issue of Notes under the Prospectus, pursuant to section 911A(2)(b) of the Corporations Act 2001 (Cth). FPSL is the holder of Australian Financial Services Licence ( AFSL ) number 320505. Challenger Investment Partners Limited (also referred to as " Challenger Investment Management " or " CIM ") (ACN 092 382 842, AFSL 234 678) provides investment management and other services to the Issuer. The Issuer is not licensed to provide financial product advice in relation to the Notes. The information provided is intended to be general in nature only. This material has been prepared without taking into account any person's objectives, financial situation or needs. Any person receiving the information in this material should consider the appropriateness of the information, in light of their own objectives, financial situation or needs before acting. Past performance is not a reliable indicator of future performance. Investments in the Notes are subject to investment risk, including possible delays in payment and loss of interest or principal invested. The Notes and their performance are not guaranteed by any member of the Challenger Group or any other person. The Notes are not bank deposits. The material has not been independently verified. No reliance may be placed for any purpose on the material or its accuracy, fairness, correctness or completeness. To the fullest extent permitted by law, the Issuer, CIM, FSPL or any other member of the Challenger Group and their respective associates and employees shall have no liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this material or otherwise in connection with the information.
- August 28, 2025Business
Domino’s FY25: Stable performance, strategic reset underway
Network Sales: $4.15 billion, -$36.8 million (-0.9%) including strategic store closures Same Store Sales: -0.2% (vs +1.5% in the prior corresponding period) Franchisee EBITDA: $94.7k (rolling 12 months) in line with prior year EBIT : $198.1 million (-4.6% vs prior corresponding period) Dividend : 21.5 cents per share (unfranked); DRP retained with underwriting removed for FY25 Domino’s Pizza Enterprises Limited (ASX: DMP) today released its FY25 Full Year results, and confirmed its strategic priorities to improve profitability, simplify operations, and drive long-term value creation across the business. Solid performances in Australia and BENELUX, with encouraging signs of improvement in Germany and Southeast Asia, offset by continued challenges in France and Japan. Progress has been made in identifying and delivering cost savings, with initiatives now underway to reinvest in marketing and franchisee support while further simplifying the business. The Company remains focused on lifting unit economics through same store sales growth and disciplined store support. Executive Chair Jack Cowin said the business is concentrating on the fundamentals – quality food, strong service, compelling value – while making the structural changes necessary to compete and grow in a changing environment. “We’re taking action to make Domino’s a leaner, more efficient business. That means reducing costs – and using those savings to support our franchise partners and invest in marketing that drives sales. We will share the rewards when we get it right – with customers, with partners, and with shareholders.” “Customer expectations haven’t changed – they still want great food delivered fast, at a fair price. That’s where we’re focused. Product. Service. Image. Value,” Mr Cowin said. Operational Reset: Supporting Growth through Efficiency and Capital Discipline The Company is progressing a Group-wide cost efficiency program. While the final quantum of savings will be confirmed at a later date, benefits are expected to be reinvested to: Enhance franchise partner economics through lower input costs and operational support; Increase working media investment to drive top-line momentum; Improve digital and data capabilities to lift conversion and repeat orders. Domino’s also confirmed an updated capital management approach Prioritising deleveraging and optimising growth , to ensure retained earnings are directed toward paying down debt and reinvestment during this phase of operational reset. The Board believes a lower payout is prudent in the current context and aligned with long-term shareholder value creation. Maintaining the Dividend Reinvestment Plan (DRP),but removing the underwriting feature . This preserves an avenue for investors who wish to compound their investment at a time when the Company’s share price does not fully reflect its long-term potential. Targeting net debt to EBITDA of below 2.0x before any reconsideration of payout increases or underwriting. This reflects the Company’s commitment to rebuilding balance sheet strength and maintaining strategic flexibility. FY25 Market Overview Australia and New Zealand (ANZ): The ANZ business continued to deliver strong results achieving record profitability while simultaneously delivering the highest franchisee EBITDA in three years. After a first-half focus on capturing more occasions, the business has returned its attention to core pizza and the value-led sharing occasion. A structured menu reduction program is now underway, aimed at improving product quality scores, as measured by customers, and simplifying store operations – both to improve franchisee profitability. New Zealand is responding to the challenges of a softer macroeconomic environment affecting QSR demand. Asia: An improved performance in Taiwan and Malaysia/Singapore/Cambodia, was offset by a decline in Japan earnings, with lower same store sales as management continues to focus on improving the customer value proposition. The Japan store closures announced in the 2nd half, have been completed and will assist in stabilising the profitability of both the franchised and corporate store network. Domino’s Japan is working to reduce a reliance on discount-focused marketing, instead building everyday value for customers in a low-frequency market, coupled with increased working media during traditionally high-volume special occasions such as Christmas. “In Asia, we’ve taken tough but necessary decisions to close underperforming stores and refocus on frequency and value. The work is underway to rebuild momentum.” Europe: Performance in Europe was mixed, with strong results in the Benelux and encouraging progress in Germany, partly offset by ongoing challenges in France. BENELUX delivered positive same store sales growth, supported by the rollout of the Honour the Craving brand platform, new product innovation, and a shift to digital-led media. In Germany, national value campaigns are helping lift customer acquisition and brand awareness in a soft consumer environment. In France, new leadership is now in place with a clear mandate to simplify and rebuild. Plans are underway to reduce menu complexity, focus on value messaging and expand premium offerings, to build a more sustainable growth model. Looking Ahead Domino’s intends to reinvest the benefits of ongoing savings initiatives into additional working media and lower costs to drive improved unit economics and franchise returns. While new store openings have remained subdued in recent periods – reflecting franchisee profitability levels below long-term plans – the Company expects this trend to improve at unit economics improve – a key focus of management. New store openings will only be pursued where new stores are expected to be sustainably profitable and deliver a meaningful return on investment to franchise partners. “We have work to do. But we know what matters. A better experience for our customers, a stronger return for our franchisees and value creation for our shareholders,” Mr Cowin said. “That is the future we’re building.” Authorised for release by the Domino's Pizza Enterprises Ltd. Board of Directors Further information: Nathan Scholz, Chief Communications and Investor Relations Officer: +61-419-243-517 / [email protected]
- August 28, 2025Business
Blackwater community groups called to apply for funding
Community groups in Blackwater and the surrounding areas with projects or ideas that make a positive difference to the local community are being encouraged to apply for funding in the next round of Yarrabee Coal’s Community Support Program. The 2026 Community Support Program is funded by Yancoal Australia and provides financial assistance to local groups working in the areas of health, community, environment, arts, culture, education and training. Yarrabee Coal Operations Manager Mike Priestly encouraged local community groups to lodge their application form to apply for funding. “Our Community Support Program gives us the opportunity to assist locally focused programs and initiatives capable of making a real contribution to the continued growth and sustainability of the Blackwater area. “A previously successful organisation is the Blackwater Bandits Football Club. With funding support from us, they were able to purchase 18 new portable football goals to be used in training and weekly matches. The new goals allow the players to train more effectively and compete at a higher level in matches. “In the past, Yarrabee has also donated funds to Blackwater PCYC, which helped them enhance their youth programs and offer more sports and recreational activities to improve youth development in the area. “These are just two examples of some of the amazing projects that have been supported by our program, which will be enjoyed by many people in our community for years to come. “If you have a project or idea that has the potential to benefit others in Blackwater, we encourage you to apply now,” said Mike. The program is open for applications from 18 August to 26 September 2025. For more information or for an application, please visit contact [email protected] Yancoal is proud to be investing into local and regional Australia, helping build stronger communities across the country. For over 20 years since 2004, Yancoal has grown to be one of Australia’s largest coal exporters: owning or operating eight producing mines across the country, employing almost 5,500 Australians, contributing to the national economy, and investing in regional communities. END Media contact: Tracy Woodley Email: [email protected];
- August 27, 2025Fashion
Company introduces online platform offering DTG tshirt printing with no minimum order requirements in Singapore
Print-On-Demand Singapore has launched a self-service online platform for custom t-shirt printing Singapore services , utilizing Direct-to-Garment (DTG) printing technology. The platform allows customers to design, order, and track custom t-shirts without minimum order requirements. The new service addresses common challenges in the custom printing market, including minimum order quantities and extended production times. The platform integrates DTG printing capabilities with an online ordering system that processes orders ranging from single pieces to larger quantities. "Our self-service platform provides customers with direct access to DTG printing technology," said Anderson Lai, spokesperson for Print-On-Demand Singapore. "We've eliminated minimum orders to serve both individual customers and businesses requiring smaller quantities for testing or specific projects." DTG Printing Technology and Capabilities Print-On-Demand Singapore's DTG printing process offers high-resolution printing suitable for detailed designs and photographs. The technology uses water-based inks that integrate directly with fabric fibers, enabling full-color printing without color limitations. This method works particularly well for complex designs including gradients and fine details while maintaining print durability through proper curing processes. The DTG method is most effective on cotton and cotton-blend garments, producing prints that maintain the fabric's natural flexibility and breathability. This technology allows for reproduction of intricate artwork and photographic images that would be difficult or impossible to achieve with traditional screen printing methods. No Minimum Order Policy The platform accepts orders starting from single units, making custom t-shirt printing accessible to individual customers creating personalized items or gifts, small businesses testing product concepts or creating limited runs, and organizations requiring specific quantities for events or campaigns. Designers can produce samples or prototypes without committing to large quantities, while companies can obtain promotional items in smaller quantities that align with their actual needs. This approach differs significantly from traditional screen printing services that typically require minimum orders of dozens or hundreds of pieces to be cost-effective. The elimination of minimum orders opens custom printing services to market segments previously unable to access professional printing due to quantity requirements. Platform Features and Process The self-service platform includes standard e-commerce functionality specifically adapted for custom printing applications. Customers can upload artwork, add text, and position elements on garment templates through the design interface. The system offers product selection from available t-shirt styles, colors, and sizes while providing real-time pricing that automatically calculates costs based on design complexity and quantity. The account-based order management system allows customers to track orders and manage saved designs for future use. Production updates provide status notifications throughout the printing process, keeping customers informed from order placement through completion. The system processes orders through automated workflow management, reducing manual handling and processing time while maintaining quality control standards. Production and Delivery Timeframes Standard production begins with same-day order processing for orders placed before the daily cutoff time. Production time ranges from one to two business days depending on order complexity and current queue status. Delivery within Singapore typically requires one to two additional business days via standard courier services. Rush orders are available with expedited processing for customers with time-sensitive requirements. The streamlined DTG process enables faster turnaround compared to traditional screen printing, which requires screen preparation and setup time that can extend production schedules significantly. The digital nature of DTG printing allows for immediate production start once orders are processed and materials are prepared. Quality Control Processes Print-On-Demand Singapore maintains quality standards through established procedures that include pre-production file review to ensure print compatibility and optimal results. Equipment calibration and maintenance follow regular schedules to maintain consistent output quality. Post-printing inspection occurs before packaging to verify that finished products meet company standards. Customer feedback integration supports continuous improvement in processes and service delivery. The quality control system addresses common issues in custom printing, including color accuracy, print positioning, and durability. Regular testing ensures that prints maintain their appearance and integrity through normal washing and wearing cycles. Business Model and Market Position The company operates on a made-to-order basis, producing items only after customer orders are received. This approach reduces inventory costs and waste while allowing for greater design flexibility compared to companies that maintain pre-printed stock. The service targets both individual consumers seeking personalized items and business clients requiring custom apparel for corporate purposes. The no-minimum policy positions the company to serve market segments that may not meet traditional printing service requirements, including startups, small organizations, and individuals. This broader market access creates opportunities for customers who previously found custom printing inaccessible due to quantity restrictions or high setup costs. Technical Specifications and Limitations The DTG printing service operates with cotton and cotton-blend garments containing a minimum of 50% cotton content for optimal ink absorption and color vibrancy. Print areas are limited based on garment size and printer specifications, with maximum print dimensions varying by t-shirt style and size. Color reproduction depends on garment color and fabric composition, with darker garments requiring special consideration for color accuracy. File requirements include specific resolution standards and accepted format types to ensure optimal printing results. Some design types may require modification for optimal printing results, and the platform provides guidelines for design preparation. The technical limitations are clearly communicated during the ordering process to set appropriate customer expectations. About Print-On-Demand Singapore Print-On-Demand Singapore operates a custom printing business specializing in DTG technology for t-shirt printing Singapore applications. The company serves individual and business customers through its online platform, offering custom apparel production without minimum order requirements. Located at 22 New Industrial Road in Singapore's industrial area, the company provides printing services throughout Singapore and surrounding regions. The business focuses on providing accessible custom printing solutions that combine professional quality with flexible ordering options. The self-service platform represents the company's commitment to streamlining the custom printing process while maintaining high standards for product quality and customer service. For more information about services and ordering procedures, customers can visit https://printondemand.sg/ or contact the company directly through the provided contact channels. Contact Information Anderson Lai Print-On-Demand Singapore Address : 22 New Industrial Road, #06-11 Primax, Singapore 536208 Tel : +65 80607621 Email : [email protected] Website : https://printondemand.sg/
- August 27, 2025Technology
Tanjong Malim Emerges as Malaysia’s Rising AI Datacenter Powerhouse Location
Tanjong Malim Positions Itself as Malaysia’s Next AI Datacenter Frontier In an age where artificial intelligence is transforming industries at breakneck speed, the infrastructure that powers it is becoming the defining competitive edge for nations and regions alike. Recent global energy-technology analyses highlight a convergence of pressures: soaring AI workloads, accelerated datacenter construction cycles, and a power grid increasingly stressed by both demand and decarbonization requirements. This confluence underscores one unavoidable truth — the location for a next-generation AI datacenter must deliver resilience, scalability, and sustainability. Emerging quietly but decisively, Tanjong Malim in Perak is positioning itself as Malaysia’s most compelling destination for such developments. Anchoring this rise is Sungai Samak Estate ( sgsamak.com ), where five strategically located plots offer capacity for integrated AI datacenters with on-site solar generation and sophisticated water-cooling systems. Why AI Infrastructure Demands Smarter Geography The AI revolution has accelerated timelines for infrastructure deployment. In the United States, as referenced in recent S&P Commodity Insights publications, datacenters often rise within three years, while new large-scale power supply can take five years or more. This mismatch points to a growing challenge — sites must integrate renewable generation or risk operational fragility. Key site priorities now include: Immediate integration of renewable energy sources to stabilise costs and supply. Ready access to water resources for advanced cooling. Adequate space to balance core computing facilities with energy and thermal infrastructure. Tanjong Malim satisfies these imperatives in a way that Malaysia’s conventional datacenter zones increasingly do not. Sungai Samak Estate: A Foundation for High-Density AI Workloads The five available plots at Sungai Samak Estate are development-ready, with land configuration suitable for hyperscale operations and complementary systems. The estate offers: Full solar exposure for photovoltaic yield at scale. Water sources capable of sustaining high-efficiency liquid cooling loops. Uncongested planning conditions, reducing permitting and municipal delays. Proximity to the North-South Expressway and national fiber backbones ensures low-latency connectivity to both the Klang Valley and northern Malaysia. Inquiries for site information can be directed via sgsamak.com/contact-us . Departing from the Overcrowded Datacenter Belt Southern Johor has prospered on its proximity to Singapore, yet grid congestion and industrial escalation create operational risks for new, power-intensive AI facilities. Localised heat island effects further challenge cooling efficiency. Cyberjaya remains an iconic tech hub, but land scarcity, high acquisition costs, and limited renewable integration potential constrain next-generation developments. Cooling in dense urban zones raises both capital expenditure and operating expenditure. Selangor benefits from network centrality but faces fierce competition for grid capacity. Scaling AI workloads could require costly transmission reinforcements dependent on fossil-heavy energy supply. By contrast, Tanjong Malim enjoys strategic centrality, lower congestion, and greater flexibility — delivering operational headroom rare in Malaysia’s southern and urban zones. Integrating Energy and Datacenter Operations Best-practice models now see power generation planned alongside datacenter design. In the US and Europe, operators leverage on-site renewables with battery storage, freeing capacity on national grids and ensuring predictable operational costs. Sungai Samak Estate supports: On-site solar farms tuned for direct-feed into AI racks. Water-based cooling systems reducing dependence on energy-intensive HVAC units. Space allocation for modular energy storage to smooth renewable intermittency. This aligns with a long-term sustainability strategy while anticipating evolving Malaysian regulatory directions for energy-intensive industries. Tanjong Malim’s Infrastructure Corridor Advantage Tanjong Malim’s location at the junction of Malaysia’s industrial and educational networks delivers multiple advantages: Talent availability via Universiti Pendidikan Sultan Idris and Proton City. Logistics readiness with direct expressway links and established fiber lines. Underutilised capacity in infrastructure compared to overburdened urban clusters. Faster approvals and less planning resistance further shorten deployment timelines — essential when AI project lead times are shrinking. Climate and Cooling Differentiators Cooling accounts for a large portion of datacenter energy use. Urban clusters in Johor and Selangor repeatedly suffer from localised heat intensities, reducing efficiency and increasing operating expenditure. Tanjong Malim benefits from relatively cooler microclimates and accessible water sources, enabling closed-loop water recycling for cooling infrastructure. This ensures improved performance stability and minimises environmental strain. Policy and Economic Tailwinds Perak’s approach to digital and industrial growth has leaned towards attracting high-impact investments outside overcrowded development zones. Coupled with national renewable integration goals, Tanjong Malim is aligned to benefit from future-oriented incentives, including: Streamlined permitting processes for strategic developments. Opportunities for customised renewable power purchase agreements. Such a framework supports long-term planning for hyperscale digital facilities without disruptive mid-cycle policy changes. Avoiding the Pitfalls of Overbuilding Overbuilding datacenter capacity has undermined returns across global markets. Tanjong Malim offers the ability to phase projects — scaling from initial AI deployments to matured hyperscale facilities as demand grows. This approach protects capital while allowing adaptation to hardware efficiency gains or shifts in AI workload intensity. In fast-moving technology cycles, such agility translates into operational resilience and financial prudence. Tanjong Malim as Malaysia’s Strategic AI Node As global AI infrastructure races ahead, site choice will dictate the competitiveness and sustainability of these facilities. The five plots at Sungai Samak Estate represent not merely land, but a blueprint for future-proofed AI datacenter operations — integrated renewables, high-density cooling capacity, and proximity to major network corridors without the saturation risks of Malaysia’s existing tech belts. With Johor facing grid competition, Cyberjaya grappling with density costs, and Selangor squeezed by industrial load growth, the pivot towards Tanjong Malim appears both timely and logical. Further details on Sungai Samak Estate and contact channels are accessible at sgsamak.com/contact-us
- August 27, 2025Business
Grill’d launches first-ever retail range in partnership with Coles bringing iconic burgers to Aussie homes
For the first time ever, Grill’d, Australia’s favourite beef burger brand1, is set to launch a retail range of their delicious, healthy burger patties exclusively at Coles - bringing the Grill'd experience into the homes of millions of customers from Wednesday 6 August. Available in-store and online at Coles stores nationally, the Grill’d range starts at just $8 for a 2-pack and includes three mouthwatering options with the same commitment to flavour, quality and health that you’d expect in-restaurant. With Coles research finding that over one in two Australians say they have an interest in recreating their restaurant or takeaway dinner in their own kitchen, and a 'familiar taste' is the top driver of meal choice2 - the new range is designed to help more home cooks easily create their own delicious Grill’d burgers, no chef skills required. The popular healthy burger restaurant has been flipping burgers for 21 years and has grown to 174 burger restaurants across the country. In 2025, Grill’d is set to accelerate growth with several new restaurant locations scheduled to open across the country. Grill’d Founder and Managing Director, Simon Crowe said he was excited to expand the restaurant to the supermarket, giving more Australians the opportunity to enjoy Grill’d burgers. “For over two decades, Aussies have loved coming into Grill’d restaurants for healthy burgers that taste good and do good. This next chapter in our story is very exciting as we take our products into peoples’ homes,” he said. “Having our burgers available nationally at Coles, allows us to take the next big step in our mission: to make our healthy, delicious burgers accessible to all Australians.” Just like in-restaurant, every pack of Grill’d burgers sold at Coles comes with a ‘Local Matters’ token inviting customers to support community initiatives. Through this partnership, Grill’d will be giving $10,000 this month to Coles’ community partners selected by customers, making every burger purchase a chance to give back. Coles Chief Commercial Officer, Anna Croft said Coles is committed to providing value to customers and introducing innovative ways to help inspire them in the kitchen. “We’re excited to join forces with Grill’d to launch an exclusive, premium burger range customers can only find at Coles,” she said. “Our customers are telling us they’re cooking more at home and looking for ways to create delicious and easy restaurant quality meals in their own kitchens - and that’s exactly what we hope to achieve by offering the new Grill’d burger range.” “This launch is the latest example of how we’re listening and responding to our customers, giving more Australians access to premium and convenient meal options at a price that offers real value.” The Grill’d range of 100% Australian grass-fed premium beef, hormone-free, antibiotic-free and gluten-free burgers includes: Grill’d Signature Beef Burgers (2-pack): Premium Aussie beef, $8.00 / $4 per serve Grill’d Premium Wagyu Burgers with Caramelised Onion (2-pack): Juicy wagyu with a hint of sweetness, $10.00 / $5 per serve Grill’d Signature Beef Burgers (4-pack): A value-friendly pack for the whole family, $12.50 / $3.15 per serve (available in selected stores) The Grill’d retail range will be available in the meat department at Coles stores nationally and online from Wednesday, August 6, 2025. To celebrate the launch, each product will be offered at an introductory price of $1 off the regular price for the first four weeks. To shop the range visit: coles.com.au For media enquiries, please contact Coles Media Line (03) 9829 5250 or [email protected] or [email protected] 1 Voted Australia's favourite beef burger brand, based on Fonto Moments in QSR data surveying participants between April 2024 to March 2025, comparing a rating of "very satisfied" upon purchasing beef burgers from Grill’d, McDonald’s, Hungry Jack’s, and/or Betty’s Burgers. See grilld.com.au for more details. 2 Coles Circle Food/Dinner Diaries Survey, Oct 2019 - Dec 2024, n = 42,710
- August 26, 2025Business
Seatrium and Karpowership Forge New Partnership with Letter of Intent for Powership Integration and FSRU Conversions
Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce the signing of a Letter of Intent (LOI) with Karpowership, a global energy company and the owner, operator, and builder of the world’s largest Powership (floating power plant) fleet. The milestone agreement, signed in Singapore, further deepens the strategic partnership between Seatrium and Karpowership and reinforces both companies’ shared commitment to advancing sustainable, mobile and scalable maritime energy solutions. The collaboration reflects Seatrium’s growing role in the global floating power infrastructure space, supporting energy access in underserved regions and enabling flexible deployment of power assets that can be harnessed in a myriad of ways — from powering remote communities and industrial operations to supporting data centres, and transitional energy hubs. Under the LOI, Seatrium will carry out the integration of four New Generation Powerships, with an option for two additional units. Karpowership will deliver the hulls and key equipment for the four Powerships to Seatrium Singapore, where integration works will begin in the first quarter of 2027. Seatrium’s scope of work includes mechanical and electrical, equipment integration, mechanical completion, and pre-commissioning. The agreement also includes the conversion, life extension and repairs of three LNG carriers into Floating Storage and Regasification Units (FSRUs). This involves the installation of regasification modules, spread-mooring systems, and the integration of critical supporting systems such as cargo handling, offloading, utility, electrical, and automation systems. Mr. Alvin Gan, Executive Vice President, Repairs and Upgrades, Seatrium, said, “This LOI marks a pivotal step in our journey to build a global franchise in floating power infrastructure. Our successful collaboration with Karpowership goes beyond FSRU conversions - it’s about enabling energy access through innovative maritime platforms. With four FSRUs delivered, a fifth due later this month, and two more underway, we are proud to be a long-term trusted partner in delivering greener energy and sustainable solutions; through a variety of innovative solutions in new generation powerships, FLNGs, floating battery, floating data centres and water de-salination vessels. These projects demonstrate our engineering excellence and our commitment to supporting the energy transition.” Mr. Gokhan Kocak, Chief Technical Operations Officer, Karpowership, said: “We are proud to deepen our long-term partnership with Seatrium as we continue to grow our Powership and FSRU fleet to meet evolving global energy needs. Seatrium’s consistent performance, engineering excellence, and technical strength make it a trusted partner in our ongoing mission to provide reliable and sustainable energy solutions worldwide. As part of this effort, we are developing our 3rd Generation Powerships with a modular system that can be adapted based on project needs. The new design will allow for the integration of advanced technologies such as CCUS (Carbon Capture, Utilisation and Storage) systems or turbines when required. By combining our expertise in design, engineering, and construction with cutting-edge innovation, we aim to reduce our environmental impact while delivering flexible and reliable energy solutions. We look forward to many more years of close collaboration and shared success. This LOI underscores Seatrium’s strategic ambition to play a leading role in the future of distributed and sustainable energy. -End- From left to right – Mr. Chris Ong, Chief Executive Officer, Seatrium, Mr. Gokhan Kocak, Chief Technical Operations Officer, Karpowership, Mr. Alvin Gan, Executive Vice President, Repairs & Upgrades, Seatrium and Mr. Orhan Remzi Karadeniz, Chief Executive Officer, Karpowership. Photo Credit: Seatrium About Karpowership Karpowership is a global energy company specializing in fast-track and integrated power solutions. With a fleet of 50 Powerships and a total installed capacity of 10,000 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 11 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 25 years of experience, Karpowership remains committed to delivering sustainable, reliable power; empowering nations and communities beyond the grid. About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com. For more information, please contact: Mr Winston Cheng Head, Investor Relations and Corporate Communications Tel No: +65 68637367 Email: [email protected] Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 68030276 Email: [email protected]
- August 26, 2025Business
15 Prime Freehold Ground Floor F&B and Gym Strata Units at East Village For Sale at $71.8 million
CBRE, as the exclusive marketing agent, is offering a rare opportunity to acquire a portfolio of 15 freehold prime ground floor strata units at East Village. The portfolio comprises 11 Food & Beverage (F&B) approved units, 1 clinic, and 3 adjoining units presently occupied by a gym. The sale will be conducted through an Expression of Interest, which closes on Thursday, 18 September 2025, at 12pm. Completed in 2014, East Village is a 5-storey freehold mixed-use development, featuring 90 residential units above a vibrant ground floor retail podium. The retail component is well-occupied by a diverse mix of popular food establishments, local start-ups, and retail shops offering a wide array of trades and services. Notable anchor tenants include Anytime Fitness, Katong Mei Wei Chicken Rice, and Hong Kong Street Family Restaurant. Strategically located within Simpang Bedok, East Village benefits from a well-established and affluent catchment area renowned for its dynamic culinary scene and bustling late-night atmosphere. The development commands triple road frontage along Upper Changi Road, Bedok Road, and Bedok Walk, and is supported by convenient parking options for visitors with an open-air public carpark located right outside the premises, as well as a basement carpark. Nearby amenities include educational institutions such as Anglican High School and ITE College, as well as strong and ready catchment from surrounding private and landed residences. The portfolio of 15 commercial strata units spans a total strata area of approximately 17,482 square feet with individual unit sizes ranging from 431 square feet for the smallest F&B unit to 6,985 square feet for the gym. 12 of the units have main road frontage with outdoor refreshment areas and direct access from the outdoor carpark. All units are currently leased, providing immediate rental income and potential for capital appreciation and rental upside. At the guide price of S$71.8 million, it translates to approximately S$4,110 per square foot based on strata area. Units can be sold as a portfolio or individually. Foreigners and corporates are eligible to purchase and there will not be any Additional Buyer’s Stamp Duty and Seller’s Stamp Duty imposed. Mr Joshua Giam (严耀祥), Director of Capital Markets, Singapore at CBRE says, “We have been witnessing strong demand for commercial properties with the reduction of borrowing cost since the start of the year. Given the palatable quantum and scarcity of freehold commercial units in well-located areas, CBRE anticipates strong interest from high-net-worth individuals due to the immediate rental income and potential for rental upside. Most of the units enjoy prime positioning along the external-facing frontage of the development, directly facing the public carpark and comes with dedicated entrances. This layout offers the units with operational flexibility, allowing these businesses to extend their hours and cater to their respective patrons independently of the mall’s standard operating hours.” East Village is well-connected via public and private transportation, with Tanah Merah MRT station nearby and seamless access to major expressways including Pan Island Expressway (PIE) and East Coast Parkway (ECP). The development is a 22-minute drive from the Central Business District (CBD). About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com .
- August 25, 2025Automotive
Geely Riddara Ships RD6 PHEV Pickups to the Middle East in Global Expansion
Geely Riddara, the new energy pickup brand under Geely Auto Group, announces the official shipment of its RD6 PHEV plug-in hybrid pickup series, with the Middle East as its first destination. The RD6 PHEV is equipped with the globally leading Geely EM-P Hybrid System, built on Geely Riddara’s M.A.P (Multiplex Attached Platform) — China’s first pickup-exclusive platform compatible with BEV, PHEV, and REEV powertrains. Featuring the industry-first 3DHT Hybrid Architecture, it pairs a 1.5T hybrid engine with seamless 3-speed adjustment, enabling a comprehensive range of over 1,000 km, accelerating from 0 to 100 km/h in 6.3 seconds. It delivers smooth handling that effortlessly tackles a variety of extreme driving conditions, while generating a maximum power output of 260 kW and peak torque of 914 N·m. After undergoing rigorous testing in extreme conditions from -30°C to 60°C and 40 million kilometres of endurance trials, whether navigating mountainous roads or deserts, the RD6 PHEV is engineered to meet the versatile driving needs of users worldwide. Not only does the RD6 PHEV deliver exceptional performance, but it also excels in energy efficiency. Equipped with an AI-powered energy management system, the RD6 PHEV reduces fuel consumption by 21% compared to ICE pickups. Its hybrid engine achieves an industry-leading thermal efficiency of 44.26%, setting a new benchmark in the segment. This advanced energy management system is particularly well-suited for regions like the Middle East and South America, where charging infrastructure is limited. It effectively addresses the high fuel consumption and suboptimal performance challenges of ICE pickups, providing an optimal energy solution for long-distance transport scenarios. Geely Riddara, guided by its product philosophy of “Function like a pickup, drive like an SUV,” has maintained its position as China’s No.1 new energy pickup brand for three consecutive years. The brand, with its pure electric pickup models, has expanded its presence to over 60 countries and regions, with plans to gradually expand its footprint in the new energy market. Building on this momentum, Geely Riddara will launch its hybrid pickup series in the Middle East as the first stop, supporting the region's 2030 vision for accelerating EV adoption. And also the brand plans to roll out the new series — RD6 PHEV pickup in the Asia-Pacific, Latin American, and European markets later this year. By leveraging real-world validation in the Middle East — a high-value proving ground — Geely Riddara aims to further consolidate its position in the global new energy pickup market, delivering efficient, sustainable, and intelligent mobility solutions to shine on the world stage.
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