APAC News
CapitaLand India Data Centre Fund to acquire 20.2% interest in three data centres for S$99.73 million
CapitaLand Investment Limited (CLI), a leading global real asset manager, has successfully raised approximately S$150 million equity in the first close of its CapitaLand India Data Centre Fund (CIDCF). CIDCF focuses on data centre development opportunities within India’s key data centre corridors. CIDCF held a first close of approximately S$150 million anchored by a third-party global institutional investor, with a GP commitment from CLI. The fund is targeting a final close of approximately S$300 million. With the first close, CIDCF will acquire a 20.2% interest in each of the three data centres, from CapitaLand India Trust (CLINT) for an estimated total purchase consideration[1] of S$99.73 million (INR 7.02 billion[2]). Additionally, CIDCF will have right of first offer on acquiring an interest in CLINT’s fourth data centre in Bangalore, CapitaLand DC Bangalore. The three data centres will be AI-ready with sustainable design features; and able to meet the demands of hyperscalers and large enterprises in the region. Power has been secured for all three projects which will have a combined gross capacity of 200 megawatts (MW). CapitaLand India Data Centre Fund (CIDCF) acquires 20.2% interest in three data centres. Pictured is CapitaLand DC Mumbai, one of the three data centres. CIDCF held a first close of approximately S$150 million anchored by a third-party global institutional investor, with a GP commitment from CapitaLand Investment. The three data centres are: Mr Andrew Lim, Group Chief Operating Officer for CLI, said: “The successful first close and investor’s support in CIDCF underscore CLI’s investment and development strategies to shape India's dynamic data centre landscape. India has emerged as a hotspot for data centre investment, driven by cloud adoption, data localisation and the rapid growth of AI-led workloads. The country’s data centre capacity is expected to double by 2027[3]. With three prime assets currently under development and power secured, CIDCF offers an attractive prospect for private capital to participate in this growth opportunity.” Mr Hardik Gesota, Managing Director and Head, India Private Funds, CLI said: “CIDCF’s portfolio is strategically located within India’s established data centre corridors with access to power and network connectivity. It is poised to meet growing demand from hyperscalers and enterprise customers. CLI has gained deep experience operating in India for over 30 years. Tapping our global data centre operating excellence, we are also well-positioned to meet market demand for cutting-edge, secure and sustainable data infrastructure. With CLI’s combined real estate, investment and data centre expertise, we remain confident in delivering attractive and long-term value for stakeholders.” CLI in India CLI has a resilient and well-diversified real estate portfolio in India spanning business parks, industrial and logistics facilities, data centres, lodging and coworking assets, with funds under management of approximately S$8.4 billion in the country as at 5 November 2025. Currently, CLI manages assets across eight key Indian cities, including Bangalore, Chennai, Hyderabad, Mumbai, Pune, Gurgaon, Kolkata and Goa. CLI’s India portfolio comprises 38 assets with a total gross floor area of approximately 39 million square feet, including around 27 million square feet of Grade A office space, and logistics assets of over 12 million square feet. Mr Hardik Gesota, Managing Director and Head, India Private Funds, CLI Notes: [1] The actual purchase consideration will be determined at the completion date. [2] Based on the exchange rate of S$1 to INR 70.40. [3] ‘Racks to riches: India Data Centres’, Macquarie Equity Research, October 2025.
Weebit Nano secures a license agreement with Texas Instruments
JINGDONG Property Announces Acquisition of Grade-A Logistics Asset in Leicester, the UK’s Logistics Golden Triangle
Weathernews Named to A List, Highest Rating in Climate Change for CDP 2025
- December 23, 2025Business
Fujifilm Launches LTO Ultrium 10 (40TB) Data Cartridge
FUJIFILM Corporation announces the launch of “FUJIILM LTO Ultrium 10 (40TB) Data Cartridge”*1 (LTO-10 (40TB)), a magnetic data storage tape cartridge that achieves a maximum recording capacity of 100TB per cartridge (40TB for uncompressed data), enabling secure, cost-effective storage of massive data volumes while addressing the growing need for reliable data protection amid escalating cyber threats. LTO-10 (40TB) will be available for shipping beginning January, 2026. “FUJIFILM LTO Ultrium10 (40TB)” Product image LTO-10 (40TB) is an advanced iteration of the FUJIFILM LTO Ultrium 10 (30TB) Data Cartridge (LTO-10 (30TB)), which was launched in June 2025. Building on the success of LTO-10 (30TB), the new LTO-10 (40TB) cartridge incorporates Fujifilm’s proprietary “fine hybrid magnetic particles” to enhance areal recording density.*2 Additionally, a novel thin-layer technology with Aramid film reduces tape thickness, allowing a 30% increase in tape length per cartridge. This new 40TB cartridge is compatible with the same LTO-10 drive hardware as used for the 30 TB cartridge. Furthermore, the LTO-10 (40TB) has expanded its recommended operating temperature and humidity range compared to current models such as the LTO-10 (30TB). The temperature range has been extended from 15°C–25°C to 15°C–35°C, and the humidity tolerance now supports up to 80% (under conditions of 15°C–25°C) *3. This enhancement enables stable performance even in high-temperature and high-humidity environments, making it a versatile data storage media suitable for a wide variety of operational settings. As ransomware and other cyberattacks increasingly threaten enterprises and organizations worldwide, safeguarding sensitive business data, customer information, and research results has become a top priority across industries. Magnetic tape remains a trusted medium for large-scale data storage due to its stable read/write performance*4 and ability to be physically isolated from networks—creating an “air gap” that significantly reduces the risk of data loss from cyber incidents. Consequently, magnetic tape is widely adopted by data centers and major IT companies for secure backup and archiving. Shipments of magnetic tape, primarily used for data backup, have grown at an annual rate of over 10% since 2020 and are expected to continue increasing*5, driven by the growing need for AI-ready archival capacity. The demand for LTO tape continues to expand, underscoring its critical role in modern data management. Kenichi Otaki, the head of data storage solutions, FUJIFILM Corporation, says “as the data storage cartridge manufacturer with the top global market share,*6 Fujifilm will continue to develop and supply high-performance and high-quality media that meet the needs of our customers and build their trust.” *1 Linear Tape-Open, LTO, the LTO logo, Ultrium and the Ultrium logo are the registered trademarks of Hewlett Packard Enterprise, IBM and Quantum in the United States and other countries. *2 The density of data that can be recorded per unit area on magnetic tape. *3 At 35°C, the tape supports humidity up to 50%. Current models are rated for 15°C–25°C with humidity up to 50%. *4 Optimized material design enables high-precision tracking and excellent running durability of magnetic heads. *5 Reference: LTO Tape Technology Shipments Scale to New Heights - Ultrium LTO *6 Producer share, according to Fujifilm. 1. Product name FUJIFILM LTO Ultrium 10 (40TB) Data Cartridge 2. Release date Starting from January, 2026 3. Models, packaging formats and prices See your Fujifilm Sales Representative for Pricing Details and Ordering. *7 Product packaged in units of 20 cartridges for large-scale users. *8 Product that eliminates individual polypropylene plastic cases and instead uses a single transparent low-density polyethylene (LDPE) bag to package 20 cartridges together, reducing approximately 890 g of plastic packaging material (simplified packaging product). 4. Main features of “LTO-10(40TB)” (1) Achieves a maximum recording capacity of 100TB (40TB Non-Compressed) LTO-10 (40TB) achieves the highest capacity in the LTO series by using Fujifilm’s proprietary “fine hybrid magnetic particles” and advanced thin-layer technology, increasing tape length and recording density compared to the previous LTO-10 (30TB). (2) Expanded Recommended Operating Environment for Versatile Use With a more durable base film, the LTO-10 (40TB) supports an expanded temperature range of 15°C-35°C and up to 80% humidity at 15°C-25°C, enabling reliable use in diverse and challenging conditions. Comparison of Recommended Operating Environments for LTO-10 Current and New Models (Temperature & Humidity) (3) Storage media that can securely store data at lower cost Compared to HDDs, the initial acquisition cost can be reduced, enabling the long-term storage of large amounts of data at a low cost. Data can be stored in an air-gapped state isolated from the network, minimizing the risk of data loss or destruction due to system failures, ransomware or hacking, and ensuring the safe storage of important data. 5. Main specifications Media Contact FUJIFILM Holdings Corporation Coprorate Communications Division, Public Relations Group +81-3-6271-2000 Customer Contact Fujifilm Global Website Contact Form
- December 23, 2025Business
Fujifilm Celebrates the Completion of One of the Japan’s Largest Bio CDMO Facilities in Toyama Prefecture
FUJIFILM Corporation today announced the completion of one of Japan’s largest bio CDMO*1 facilities (the new plant) at the Toyama Second Factory of FUJIFILM Toyama Chemical and held a completion ceremony to mark the occasion. The new plant is the company’s first antibody drug manufacturing plant in Japan and is scheduled to be operational in 2027. Together with an adjacent plant currently under construction, Fujifilm will establish end-to-end manufacturing services covering drug substance manufacturing through finished goods and packaging, serving as the company’s bio CDMO hub in Asia. The new plant is equipped with 2 x 5,000 liters (L) mammalian cell culture bioreactors, which are among the world’s largest single-use*2 bioreactors, as well as 2 x 2,000 L bioreactors. To ensure high quality and faster technology transfer between sites while reducing construction lead time, the facility adopts the “kojoX™” modular facility design approach, which standardizes equipment and quality management systems with the FUJIFILM Biotechnologies’ site in the UK. Fujifilm is establishing a globally competitive bio CDMO site in Japan that enables rapid and efficient contract manufacturing of biopharmaceuticals, such as antibody drugs and antibody-drug conjugates (ADCs*3). This new site leverages FUJIFILM Toyama Chemical’s aseptic manufacturing expertise, cultivated through injectable antibiotic production, and combines it with the expertise of FUJIFILM Biotechnologies, which operates bio CDMO services in Europe and the U.S. In Japan, demand for biopharmaceuticals continues to grow, yet many pharmaceutical companies outsource manufacturing to overseas*4, creating challenges in the speed of process development and technology transfer. To address these issues, Fujifilm is building a manufacturing facility in Japan that meets rigorous global quality standards, aiming to reduce the burden of technology transfer caused by language and geographical barriers, accelerate market launch, and contribute to a stable supply of biopharmaceuticals. The new plant, together with an adjacent plant under construction for mRNA therapeutics and vaccines, has been selected by Japan’s Ministry of Economy, Trade, and Industry for the project of “Developing Biopharmaceutical Manufacturing Sites to Strengthen Vaccine Production.” This dual-use designation will allow the facility to manufacture biopharmaceuticals during normal times and switch to vaccine production in the event of a pandemic. The Newly Completed Plant within FUJIFILM Toyama Chemical’s Toyama Second Factory (the left side of the building in the photo) The Fujifilm Group offers drug discovery support solutions, including cell culture media, reagents, and iPS cells, alongside its CDMO services. It provides comprehensive support to a wide range of customers, including pharmaceutical companies, biotech ventures, and academia, from early-stage drug development through commercial production. Under the guiding principle of being “Partners for Life,” the company strives to be a trusted partner in advancing healthcare and delivering innovative therapies to patients worldwide. *1 Contract Development & Manufacturing Organization. Provides a wide range of services to pharmaceutical companies, including process development, stability testing, clinical drug development and manufacturing, and commercial production. *2 Single-use components used in biopharmaceutical manufacturing processes. Compared to traditional stainless-steel systems, single-use equipment eliminates the need for cleaning and sterilization, enhancing flexibility and efficiency, and has become widely adopted in recent years. *3 Combines an antibody with a drug such as an anticancer agent. By binding the antibody to antigens present on the surface of cancer cells, ADCs enable targeted delivery of the drug, offering high therapeutic efficacy with fewer side effects. *4 According to trade statistics from Japan’s Ministry of Finance (Export Statistical Item Classification No. 30.02), Japan recorded a biopharmaceutical trade deficit of JPY1.7 trillion in 2024. Overview of Fujifilm Group’s CDMO Business Since 2011, the Fujifilm Group has invested more than JPY1 trillion in its bio CDMO business, providing comprehensive services globally—from process development and clinical drug manufacturing to commercial production—for a wide range of biopharmaceuticals, including antibody drugs, cell therapies, gene therapies, and vaccines. FUJIFILM Biotechnologies, the core company of this business, leverages over 30 years of experience and proprietary high-productivity technologies, operating sites in the UK, U.S., and Denmark. Modular facilities and standardized processes under its kojoX™ global network enable rapid technology transfer and flexible supply chain support. To meet growing demand for antibody drugs, Fujifilm is expanding capacity at its North Carolina and Denmark sites, aiming to secure a total production capacity of over 750,000 liters by 2028. Media Contact FUJIFILM Holdings Corporation Corporate Communications Division, Public Relations Group Tel: +81-3-6271-2000 Other Contacts FUJIFILM Toyama Chemical Co., Ltd. E-mail: fftc-info-toyama@fujifilm.com
- December 23, 2025Business
CapitaLand Malaysia Trust deepens Johor presence with acquisition of five high-quality industrial facilities for RM220.8 million
CapitaLand Malaysia Trust (CLMT) has entered into a forward purchase agreement to acquire five high-specification industrial facilities (the Subject Properties) in i-TechValley, located within Iskandar Malaysia, Johor. The facilities were acquired from Greenhill SILC Sdn. Bhd. and Pentagon Land Sdn. Bhd., both wholly owned subsidiaries of Bursa Malaysia listed-AME Elite Consortium Berhad. The agreed value of RM220.8 million, negotiated on a willing-buyer willing-seller basis, is at a discount of 0.6% to the independent market valuation1 of RM222.1 million commissioned by the Trustee. The facilities are expected to be completed progressively from 1Q 2027 to 1Q 2028, allowing CLMT to phase leasing in line with market demand. Upon completion of all assets above and realisation of a full year of operating income, the acquisition is expected to contribute positively to CLMT’s income and be distribution per unit (DPU) accretive, with a projected first-year gross yield of approximately 7.3%. Ms Yong Su-Lin, CEO of CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CLMT Ms Yong Su-Lin, CEO of CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CLMT, said: “This acquisition supports CLMT’s strategy to expand our industrial and logistics portfolio with high-quality assets in an established location. Johor’s industrial market continues to benefit from the Johor-Singapore Special Economic Zone (JS-SEZ) and major infrastructure upgrades such as the Rapid Transit System (RTS) Link.” “With these high-specification facilities, CLMT is well positioned to capture long-term growth from regional manufacturing expansion and supply chain realignment. Upon completion, CLMT’s Johor portfolio will comprise 11 industrial assets with a combined built-up area of approximately 781,937 square feet, enhancing portfolio diversification and operational synergies. This will increase CLMT’s industrial and logistics assets under management from 7.9% to 11.5%,” added Ms Yong. Strategic location within established industrial corridor The Subject Properties have a total built-up area of 524,077 square feet and comprise five single-storey detached factories with two-storey office components and ancillary buildings. The facilities are designed to meet modern occupier requirements, featuring high floor loading capacities, generous ceiling heights, contemporary façades and loading bays with dock levellers. Located within i-TechValley, a 170-acre industrial park at the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri, the Subject Properties benefit from a well-established industrial ecosystem. Designed as a sustainable, high-tech industrial park, i-TechValley caters to advanced manufacturing, logistics and technology-driven industries. The gated and guarded park is supported by robust infrastructure and security features, including 24-hour security monitoring, CCTV surveillance, access card controls, RFID vehicle access, a visitor management system, high-speed broadband connectivity and reliable power and water supply. The Subject Properties also enjoy excellent connectivity to major highways and are located within a 20-minute drive from the Tuas Checkpoint, enhancing their appeal to Singapore-linked occupiers and regional supply chain operators. (From right to left) Yong Su-Lin, CEO of CMRM with Dylan Tan, CEO of AME Elite Consortium Bhd Group Financing the acquisition The acquisition will be financed through existing debt facilities. As part of the forward purchase arrangement, CLMT will only pay a 10% deposit upfront, with the balance to be paid upon completion. Following the transaction, CLMT’s proforma gearing will increase from 39.8% to 42.2%. The acquisition is expected to contribute income progressively from the financial year ending 31 December 2027. Footnotes: 1. The independent valuation by Nawawi Tie Leung Property Consultants Sdn. Bhd. indicated the market value of the Subject Properties to be RM222.1 million as at 2 December 2025.
- December 19, 2025Science
IOI’s Science-Based Targets Validated By SBTi
IOI Corporation Berhad (“IOI”) announced that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) on 8 December 2025, just months after submission on 11 July 2025. The validation marks a significant milestone in IOI’s long-standing climate journey. We introduced Climate Change Action initiative (CCAi) in 2019 and committed to set near-term company-wide emission reductions in line with climate science with the SBTi in 2023 for both Forest, Land and Agriculture (FLAG) and Non-FLAG sectors to strengthen our climate commitment. IOI Chief Sustainability Officer Dr Surina Ismail said: “Our focus on near-term and FLAG targets reflects where climate action matters most – on the ground. We are firmly on track to meet our SBTi’s targets through leveraging nature-based and engineered solutions to deliver emissions reductions across our diverse operations.” IOI’s SBTi-validated near-term targets underscore the Group’s emphasis on immediate and measurable action for climate mitigation: For Near-Term, IOI commits to reduce absolute scope 1 and 2 GHG emissions 44.94% by FY2030 from a FY2020 base year.* The Group also commits to reduce scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution 58.1% per Metric Ton of Product Produced by FY2032 from a FY2022 base year. For Near-Term FLAG, IOI commits to reduce absolute scope 1 FLAG GHG emissions 30.3% by FY2030 from a FY2020 base year, as well as absolute scope 3 FLAG GHG emissions 36.4% by FY2032 from a FY2022 base year.** The Group also commits to maintaining no deforestation across its primary deforestation-linked commodities. *The target boundary includes land-related emissions and removals from biogenic feedstocks. **The target includes FLAG emissions and removals. With global temperatures breaching 1.5°C and extreme weather disruptions increasingly affecting supply chains and economies, IOI recognises that climate change is not a distant risk but a defining business challenge. The Group’s SBTi validation reinforces our commitment to align corporate actions with the latest climate science and global emissions reduction efforts. The SBTi enables companies to set GHG emissions reduction targets aligned with climate science to accelerate business adoption, supporting the global economy to halve emissions before 2030 and achieve net-zero before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
- December 19, 2025Business
Axiata affirms commitment to Living Wage policy, prepares workforce for AI Era
Axiata Group Berhad (“Axiata” or “the Group”) today announced that all its permanent employees in Malaysia earn above the Living Wage threshold of RM3,100 per month, reinforcing the Group’s commitment to the Ministry of Finance’s Living Wage initiative under the Ekonomi MADANI framework. This commitment reflects Axiata’s belief that fair pay is the foundation of a progressive and inclusive workplace. Through the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) initiative, Axiata joins Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) in uplifting working standards and improving the quality of life for Malaysians. The Living Wage benchmark, based on the Belanjawanku 2024/2025 Expenditure Guide, exceeds the current minimum wage of RM1,700 and ensures employees can live with dignity, security, and opportunity. It includes total compensation including salary, allowances, EPF contributions, insurance, and statutory deductions. This enables its employees to meet essential living costs, save for emergencies and retirement, and participate meaningfully in society. Beyond fair pay, Axiata is preparing its workforce for the future of work through holistic well-being initiatives and AI upskilling. Under the Axiata.AI framework, a Group-wide initiative to embed AI capabilities across operations and talent development, employees gain access to Generative AI and machine learning courses. These efforts reflect Axiata’s vision of becoming an AI-native organisation by enabling employees to harness emerging technologies and elevate their capabilities. Axiata will continue to evolve its people strategies to empower employees and advance Malaysia’s vision for sustainable and inclusive economic growth. Tan Sri Shahril Ridza Ridzuan - Chairman of Axiata "At Axiata, our commitment goes beyond financial performance, it is also about building a future where our people and communities thrive. As we embrace digital transformation and AI capabilities, we remain steadfast in creating long-term value for all stakeholders." Vivek Sood - Group Chief Executive Officer and Managing Director of Axiata "Fair compensation is just the starting point. At Axiata, we are committed to creating an environment where our people thrive physically, emotionally, and professionally. By embedding holistic well-being and future-ready skills into our employee value proposition, we empower our people to continue shaping the future of Malaysia and the broader South and Southeast Asia region."
- December 19, 2025Business
Alligator finalises construction at Samphire’s pilot plant
Alligator Energy (ASX:AGE) has completed the construction of its pilot plant at the Samphire Uranium Project in South Australia, confirming the conclusion of stage one and two commissioning. Stage one commissioning focused on the verification of construction, with stage two following the energisation of the plant. Construction began in October 2025, as reported by Mining.com.au. Alligator says the practical completion of the pilot plan was achieved safely, on schedule, and under budget. CEO Andrea Marsland-Smith describes the practical completion as a “major step forward” for the project, demonstrating Alligator’s ability to execute project milestones safely and efficiently. “The team has delivered an incredibly high quality facility within the planned schedule and budget, which positions us strongly as we move into final commissioning and trial operations,” Marsland-Smith says. “We are excited to enter this next phase and look forward to delivering early field recovery results in the March quarter of 2026, with field recovery trials (FRT) expected to be completed in the June quarter of 2026 and the outcomes feeding directly into the Bankable Feasibility Study, which is targeted for completion in early 2027. “Running in parallel with the FRT, 2026 is expected to be a busy year, with the mining lease permitting process underway and an updated mineral resource estimate planned for the first half of 2026.” Alligator will begin FRT work at the Samphire Project in February 2026. Control of the site has been transferred back to the company for pre-operation activities. Pre-operation activities include stage three dry and stage four wet commissioning, beginning in January 2026. Write to Maddison Elliott at Mining.com.au
- December 19, 2025Event Announcement
Gas Malaysia Supports Coastal Conservation Through Its Csr Mangrove Tree Planting Initiative
Gas Malaysia Berhad (“Gas Malaysia”), a member of MMC Group, organised a Corporate Social Responsibility (CSR) Mangrove Tree Planting Initiative at Taman Rekreasi Paya Bakau Sijangkang, Kuala Langat, Selangor, as part of its ongoing commitment towards environmental conservation. The programme involved the planting of approximately 120 mangrove saplings, supported by more than 30 Gas Malaysia employees as volunteers. Mangroves play an important role in protecting coastlines from erosion, reducing the adverse impact of floods by acting as a natural protection against strong waves and rising water levels, absorbing carbon dioxide and providing essential habitats for marine life. This initiative underscores Gas Malaysia’s broader CSR framework, anchored by four key pillars – Environment, Community, Education and Sports . As an environment-focused CSR programme, it supports Gas Malaysia’s wider Environmental, Social and Governance (ESG) agenda by contributing towards biodiversity conservation, strengthening climate resilience and promoting sustainable community development. Taman Rekreasi Paya Bakau Sijangkang, was chosen as the venue, a community-led mangrove conservation site that has been revitalised from a former landfill into a 24-hectare ecological and eco-tourism site. The area plays a vital role in protecting the coastline, carbon sequestration and promoting environmental awareness among the local community. Speaking about the CSR programme, President & Group Chief Executive Officer of Gas Malaysia Berhad, En. Ahmad Hashimi Abdul Manap said, “Previously, through a similar initiative, we partnered with the Kuala Selangor Nature Park where we planted around 300 mangrove saplings. These efforts not only contribute towards preserving the coastal ecosystems and biodiversity but also enable us to actively engage with our employees providing hands-on experience and exposure in mangrove conservation efforts, while fostering greater awareness as well as appreciation of the natural environment,” he said. In ensuring the success of the CSR programme, supervisors from Taman Rekreasi Paya Bakau Sijangkang will monitor the planted mangroves’ growth and survival rates over the next year. “As we continue to advance our sustainability agenda, the mangrove tree planting programme highlights Gas Malaysia’s steadfast commitment towards environmental stewardship and responsible corporate practices. We remain dedicated in ensuring that our long-term business ambitions are carefully balanced with ESG considerations, as we progress ahead responsibly,” En. Ahmad Hashimi concluded.
- December 19, 2025Charity
Frasers Property Group joins restoration efforts for flood-affected school in Hat Yai
Following major flooding in Hat Yai District, Songkhla Province, in November 2025, which caused widespread damage across various sectors, Frasers Property Group conducted a site assessment and participated in the restoration of Wat Tha Sae School after floodwaters receded. This effort aims to enable the school to resume regular teaching and learning activities as quickly as possible. The initiative was led by Chaimongkol Thadtieampet (1st from left), First Senior Vice President of Commercial Business of Frasers Property (Thailand) Public Company Limited , and Dr. Tirachai Pipitsupaphol (2nd from left), Senior Vice President, Head of Procurement and External Affairs of One Bangkok , together with staff members. The team renovated the school canteen and delivered various equipment, including dining tables, rice cookers, and refrigerators, as well as donated teaching and learning supplies, with the handover received by Nanthiya Jansuwan (3rd from right), Principal of Wat Tha Sae School. Wat Tha Sae School is a small school under the jurisdiction of the Office of the Basic Education Commission (OBEC). It serves as the Khlong U Taphao subdistrict school in Hat Yai District, Songkhla Province, offering education from kindergarten to Primary Grade 6. The school was severely affected by the recent major floods, with damage to both classrooms and the canteen. Frasers Property Group continues to render assistance and restore affected areas to alleviate hardship and uplift the spirits of those impacted, helping them overcome this crisis and rebuild their lives.
- December 19, 2025Event Announcement
Taganito HPAL Nickel Corporation Receives an Outstanding Community Projects Award from the Philippine Economic Zone Authority
Sumitomo Metal Mining Co., Ltd. (TSE: 5713) is pleased to announce that its subsidiary, Taganito HPAL Nickel Corporation (THPAL), has received a PEZA Outstanding Community Projects Award for 2025 from the Philippine Economic Zone Authority (PEZA) for the first time. This award is given to a locator or developer that has strengthened its relationship with local communities through socially meaningful CSR activities. The annual PEZA Awards are divided into several categories such as Exporters, Employers, and Community Projects, and are presented to companies whose work in these categories deserves special note. THPAL was selected in recognition of the great contribution it has made over the long term to the communities in the surrounding area through the infrastructure development, such as domestic water supply, hospitals and schools; educational support, such as scholarships; and technical support for agriculture, fishery, and forestry. As a member of the Sumitomo Metal Mining Group, Coral Bay Nickel Corporation received the award in 2016. Going forward, Sumitomo Metal Mining will continue to strive to operate in a socially responsible manner, aiming for the sustainable development of both the communities in the Philippines and the Group, where they operate their nickel smelters. The scene of the awards ceremony during the "PEZA Investor’s Night" held in Manila on December 15. Media Contact Public Relations and Investor Relations Department, Sumitomo Metal Mining Co., Ltd. Please contact from the inquiry form: https://www.smm.co.jp/en/contact/
- December 18, 2025Food & Beverage
Yotam Ottolenghi And Mandarin Oriental To Launch Amsterdam Restaurant
Chef, restaurateur and author, Yotam Ottolenghi will return to Amsterdam in 2026 to open his first restaurant in the Netherlands, and second in mainland Europe, bringing his trademark vibrant and distinctive flavour to the city for the first time. The restaurant is set to open in early 2026 and will be located in the new Mandarin Oriental Conservatorium, Amsterdam , currently known as Conservatorium Hotel, in the city's Museum District, within close proximity to cultural landmarks such as Rijksmuseum, Stedelijk Museum, and The Concertgebouw. In January 2026, Conservatorium Hotel will be rebranded as Mandarin Oriental Conservatorium, Amsterdam and Ottolenghi Amsterdam will be a key feature of this sought-after transformation. Ottolenghi, globally renowned for cookbooks such as Plenty (2010), Simple (2018), and Comfort (2024), is making a return to Amsterdam after 30 years, having lived there in 1995. Yotam moved to the city to complete a masters before relocating to London in 1997, where he refined his culinary skills at the prestigious Le Cordon Bleu and launched the eponymous delis and restaurants. In 2002 Ottolenghi opened his first deli in Notting Hill in London and today Ottolenghi operates 10 establishments in the UK and another, the most recent addition, in Geneva, Switzerland, which opened in early 2025 at Mandarin Oriental, Geneva. This partnership now continues with the opening of his twelfth venue at Mandarin Oriental Conservatorium, Amsterdam. Yotam Ottolenghi commented: “Returning to Amsterdam is a bit of a walk down memory lane for me. In the mid-90s I lived there while studying for my master's, and it was a wonderful time - everyone sitting on doorsteps drinking wine, riding their bikes around town. I loved it! “Now, thirty-odd years later, we're opening our second-ever international restaurant within the beautiful Mandarin Oriental Conservatorium, Amsterdam, just a stone's throw from the Van Gogh Museum and not far from my old neighbourhood. The food will follow the same philosophy as our London spots: vegetables at the centre, bold flavours, plenty of ferments and pickles. I really can't wait.” Susanne Hatje, General Manager of Mandarin Oriental Conservatorium, Amsterdam added: “Since opening in 2011, Conservatorium Hotel has become a cornerstone of Amsterdam's culinary and cultural scene. In January 2026, the property will be rebranded as Mandarin Oriental Conservatorium, Amsterdam, marking an exciting new chapter in its history. At the heart of this transformation, Ottolenghi Amsterdam will offer a community-focused dining experience that brings together hotel guests and locals alike. It will be a space that reflects the energy and diversity of the city, and that deepens the hotel's connection to Amsterdam's cultural and social fabric.” Ottolenghi restaurants are known for their emphasis on fresh, seasonal ingredients and bold flavours. The new Amsterdam kitchen will follow this theme and be inspired by Ottolenghi's ROVI restaurant in London, which champions a vegetable-centric menu featuring vibrant sharing plates crafted predominantly from locally sourced ingredients. The restaurant will be open for breakfast, lunch, and dinner. Ottolenghi Amsterdam will bring the unique Ottolenghi culinary style to the Netherlands for the first time, served in Mandarin Oriental Conservatorium, Amsterdam's iconic glass atrium. The space will feature a warm and inviting design with rich wooden accents and striking red and gold details, blending the atmosphere of a local eatery with Ottolenghi's signature style. Further details - including launch date, head chef announcement, menu and booking information - will be released in Q1 2026. About Ottolenghi Ottolenghi began in 2002 with a single shop in Notting Hill, founded by chefs Yotam Ottolenghi and Sami Tamimi, who together created a food shop, deli, restaurant and bakery – a place with no single description, yet defined by a clear obsession with food. From these roots emerged a distinctive style of cooking: one grounded in Middle-Eastern and Mediterranean traditions but welcoming influences and ingredients from across the world. Since then, the brand has expanded with multiple locations in and around London and continues to grow beyond the UK. A hallmark of Ottolenghi's approach is the championing of vegetables and unexpected ingredients—what many now call the “Ottolenghi effect”: food that is full of colour, flavour, generosity and joy. At its core, Ottolenghi is serious about one thing: making people happy through food. About Hotel Conservatorium The Conservatorium hotel is Amsterdam’s leading luxury lifestyle palace, evoking glamour and elegance for sophisticated, design-literate travellers. Located in Museum Quarter, the luxury centre and cultural heart of the city, the Conservatorium is an architectural masterpiece that combines a landmark heritage building with a graceful, contemporary design, offering guests a selection of restaurants, a bar, lounge and the 1,000 square metres Akasha. A destination hotel with a real sense of place, the Conservatorium is known at home and abroad as ‘Amsterdam’s Living Room’.
- December 18, 2025Business
Teleport appointed by Air Central China as exclusive India General Sales Agent
Teleport, Southeast Asia’s integrated eCommerce logistics specialist has been appointed as the Exclusive General Sales Agent (GSA) for China Central Longhao Airlines Co. Ltd (Air Central China). This appointment deepens the relationship between both entities on the back of a Memorandum of Understanding (MOU) signed at the Zhengzhou-Kuala Lumpur ‘Air Silk Road’ Forum earlier in September 2025 between Teleport and Air Central China. Teleport will be commercially managing Air Central China’s freighter capacity from India, namely Chennai (MAA) and Delhi (DEL), twice weekly respectively to Zhengzhou (CGO), with its first flight set to take off on 5 January 2026. Pete Chareonwongsak, Chief Executive Officer of Teleport said, “We appreciate Air Central China’s vote of confidence in appointing Teleport as their exclusive GSA in India – we take that as a validation of our regional and operational experience to commercially manage their freighter capacity from India into China. For Teleport, this further strengthens our Teleport Network, by expanding new capacity for us with direct access from India into the heart of China. What makes this stronger is the direct onward connections into key cities in China from CGO such as Guangzhou and Shenzhen among others, which opens up more direct market access for businesses in India to seamlessly distribute their cargo across China.” Extended cargo connectivity into key domestic cities across China, includes Shanghai (PVG), Shenzhen (SZX), Beijing (PEK), Guangzhou (CAN), Qingdao (TAO), Tianjin (TSN), Dalian (DLC), Chongqing (CKG), and Xiamen (XMN), under a single through-Air Waybill (AWB), providing efficient seamless end-to-end movement. China is India’s fifth largest export destination in FY25 with around 3.29% share in total exports for the year. Teleport expects to move a broad range of general cargo, pharmaceuticals and perishable goods.
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