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Frost & Sullivan Releases the Global Ergothioneine Industry Current Landscape and Development Trends White Paper
On May 8, 2026, the Temasek Life Sciences Laboratory (TLL) in Singapore hosted a prestigious event themed "Research Without Borders · Led by Evidence-Based Science." Hosted by GeneIII and academically supported by TLL, the conference convened top medical scientists, clinical research experts, industry strategic analysts, and authoritative media representatives from both China and Singapore. Following a tour of the National University of Singapore and the Temasek Life Sciences Laboratory, attendees witnessed the world’s first public presentation of clinical trial results regarding EGT across five major areas of human health, leveraging the power of evidence-based science. These areas encompass ovarian reserve function, dysmenorrhea improvement, postpartum recovery, sperm motility, and kidney health. On this occasion, Frost & Sullivan officially released the English edition of the Global Ergothioneine Industry Current Landscape and Development Trends White Paper. On May 18, 2026, a launch event themed "Global Debut of the BoMaiYan Whitening Series New Products · GeneIII Traceability Journey" was held at the GeneIII headquarters in Jiangsu, China. The event brought together leading influencers in the beauty and skincare sector, dermatologists, renowned content creators, media representatives, and strategic partners. During this event, Frost & Sullivan released the Chinese edition of the Global Ergothioneine Industry Current Landscape and Development Trends White Paper. ( To read the report, please visit: https://www.frost.com/growth-opportunity-news/healthcare/precision-health/from-scarce-ingredient-to-scalable-functional-commodity-scaling-ergothioneine-for-commercial-success-hls06_tg02_tgp_pg8s_jun26_cim-jh/ ) This whitepaper elucidates that EGT, as a naturally occurring functional betaine amino acid, is one of the few natural antioxidants capable of penetrating cell membranes and accumulating within the mitochondria. Utilizing the OCTN-1 transporter for transmembrane uptake, EGT targets and enriches within mitochondria, where it directly scavenges reactive oxygen species (ROS) and blocks oxidative damage at its source. Concurrently, EGT possesses multiple regulatory capabilities, including anti-inflammatory properties and tissue repair. It is readily absorbed by most human tissues for systemic transport, preferentially accumulating in organs and cells with a high incidence of oxidative stress and inflammatory responses. Extensive literature currently indicates that EGT regulates body health across multiple dimensions, covering a wide array of application scenarios such as liver injury protection, ocular care, cardiovascular health maintenance, reproductive health protection, anti-aging, anti-fatigue, systemic inflammation suppression, and immune homeostasis balance. In the field of women's health, the current market faces multiple challenges including ovarian aging, primary dysmenorrhea, and preeclampsia. Relevant studies have demonstrated that EGT exhibits significant potential application value and prospects in enhancing ovarian reserve, alleviating dysmenorrhea symptoms, and reducing the risk of preeclampsia. In the field of anti-aging and whitening, abnormal melanin deposition and skin aging have become the two core focal points in contemporary skin health management and functional skincare. Existing research indicates that EGT holds remarkable application potential in anti-aging and whitening pathways; it can achieve the dual effects of improving pigmentation and delaying skin photoaging by inhibiting melanogenesis and mitigating UV-induced damage to skin structures. Consequently, EGT possesses substantial application potential and is well-positioned to meet a diverse range of market demands. From the perspective of the current global regulatory landscape and policy environment for functional ingredients, the United States stands out as a market with one of the most mature regulatory frameworks, the highest level of rule transparency, and a significant demonstration effect on other jurisdictions. Notably, the U.S. FDA has publicly announced that it will publish a proposed regulation in 2026 to require mandatory notification of all substances claimed to be GRAS (Generally Recognized as Safe), effectively ending the current self-affirmation pathway. While tightening regulations does not necessarily restrict market growth, it inevitably raises the entry barriers for the industry. Consequently, companies equipped with a comprehensive safety evaluation system that are capable of completing formal notifications—or those holding recognized international compliance certifications—will find it easier to gain authorization from multinational clients and access multi-regional markets. Conversely, enterprises with insufficient compliance readiness may face heightened uncertainties during market expansion and client onboarding processes. From the perspective of the current development environment and trends for EGT, structural changes triggered by the upgrading of health consumption paradigms, the reconstruction of anti-aging awareness, and the rise of evidence-based scientific concepts are driving the EGT market to transform into a fast-growing, "cognition-driven" market. The growth of the EGT market no longer relies solely on demographic structural shifts; instead, it increasingly depends on the enhancement of scientific understanding brought about by deeper consumer education, demonstrating market characteristics of high growth potential, premium pricing capability, and continuously rising penetration rates. Furthermore, the advancement of synthetic biology technologies has resolved traditional bottlenecks such as low extraction efficiency and chemical synthesis pollution, effectively reducing costs while improving purity, which has accelerated its transformation from a high-priced, scarce component into a functional raw material viable for large-scale application, thereby unlocking substantial growth potential for its market adoption across skincare, food, and other diverse sectors. The chapters of the Global Ergothioneine Industry Current Landscape and Development Trends White Paper are as follows: Chapter 1 Overview of Ergothioneine · 1.1 Definition and Mechanisms of Action of Ergothioneine · 1.2 Analysis of Prevailing Technical Routes for · Ergothioneine Production · 1.3 Characteristics of Ergothioneine Raw Materials and Finished Products · 1.4 Analysis of Application Scenarios for Ergothioneine · 1.5 Value Chain Analysis of Ergothioneine · 1.6 Evolution of the Global Ergothioneine Market Chapter 2 Analysis of Ergothioneine Efficacy and Potential Effects in the Human Body 2.1 Overview of Tissue Distribution Characteristics and Potential Physiological Efficacies of Ergothioneine 2.2 Potential Role of Ergothioneine in Women’s Health 2.3 Potential Role of Ergothioneine in Whitening and Anti-aging 2.4 Potential Role of Ergothioneine in Men’s Health 2.5 Potential Role of Ergothioneine in Eye Health 2.6 Potential Role of Ergothioneine in Liver Health 2.7 Potential Role of Ergothioneine in Sleep Health 2.8 Potential Role of Ergothioneine in Neurodegenerative Diseases Chapter 3 Analysis of Global Ergothioneine Regulatory Landscape and PolicyEnvironment 3.1 Overview of the US Ergothioneine Market Regulatory Landscape 3.2 Regulatory Pathways and Characteristics of the US Ergothioneine Market 3.3 Analysis of Related Industrial Policies in the US Ergothioneine Market 3.4 Regulatory Pathways and Characteristics of the EU Ergothioneine Market 3.5 Analysis of Related Industrial Policies in the EU Ergothioneine Market 3.6 Regulatory Pathways and Characteristics of the Chinese Ergothioneine Market 3.7 Analysis of Related Industrial Policies in the Chinese Ergothioneine Market Chapter 4 Developmental Landscape and Emerging Trends in the Ergothioneine Industry · 4.1 Evolving Consumer Perceptions Bolstering Market Demand for Ergothioneine · 4.2 Synthetic Biology Driving Cost Reductions and Benchmarking Scalable Quality · 4.3 Stricter Regulatory Oversight Accelerating Industry Standardization · 4.4 Mechanistic Breakthroughs: Advancing from Skincare Antioxidants to Holistic Healthcare · 4.5 AI revolutionizes R&D Paradigms to Accelerate Lab-to-Industrialization Chapter 5 Ergothioneine Industry Benchmark Case Study – GeneIII · 5.1 Corporate Profile · 5.2 Brand Competitive Barriers and Product Matrix · 5.3 Technological Innovation and R&D Platforms · 5.4 Integrated Industry-Academia-Research Ecosystem · 5.5 Elite Executive Management and Talent Pipeline Development · 5.6 Future Strategic Roadmap and Development Planning About Frost & Sullivan Frost & Sullivan is a growth consulting firm dedicated to partnering with clients to leverage visionary innovation that addresses global challenges and capitalizes on related growth opportunities to drive the success of today's market participants. For over 60 years, Frost & Sullivan has been providing growth strategy support to the Global 1000, emerging businesses, the public sector, and investment institutions. https://www.geneiii.com/
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- June 2, 2026Travel & Leisure
Mandarin Oriental Mayfair & Mandarin Oriental Hyde Park Serve Up A Summer Of Sport With Wimbledon And Formula 1 Experiences
Mandarin Oriental Mayfair, London and Mandarin Oriental Hyde Park, London present Summer of Sport – a curated collection of exclusive packages celebrating two of the world's most iconic sporting events: The Championships Wimbledon and the Formula 1 Pirelli British Grand Prix 2026 . Blending timeless British tradition with full-throttle exhilaration, the programme invites guests to step into the spotlight of the British summer season through privileged access and, bespoke experiences - including coveted Wimbledon Centre Court tickets and VIP hospitality at Silverstone, with entry to the Moët & Chandon Club at Fusion Lounge, alongside thoughtfully curated moments both on and off the court and track. From strawberries and champagne served on sun-drenched terraces to motorsport-inspired art installations in Mayfair, the spirit of the season is woven throughout each stay - building anticipation long before the first serve or starting grid. FORMULA 1® PIRELLI BRITISH GRAND PRIX 2026 Guests are invited to immerse themselves in the thrill of the Formula 1 Pirelli British Grand Prix with a refined London base, in Mayfair or overlooking Hyde Park. Guests at Mandarin Oriental Mayfair and Mandarin Oriental Hyde Park can secure access to tickets to the Moët & Chandon Club at Fusion Lounge at Silverstone (prices available upon request), placing them at the heart of the action from 3 - 5 July. In addition to the adrenaline of taking in the action at track-side, guests will enjoy preferential suite rates, daily breakfast for two, bespoke in-suite amenities inspired by the Grand Prix, and an exclusive themed cocktail served at Hanover Bar at Mandarin Oriental Mayfair or at Mandarin Bar at Mandarin Oriental Hyde Park. For a seamless journey from city to circuit, helicopter transfers can be arranged via the hotel's concierge teams. Enhancing the experience further, Mandarin Oriental Mayfair will host a special motorsport-inspired art exhibition in collaboration with Silverstone. Curated by Silverstone's Art Director, Renata Fernandes, the exhibition will take place at Hanover Bar and on the outdoor terrace, showcasing a selection of contemporary works and sculptures by renowned international artists. Spanning a variety of mediums, each piece captures the dynamism and energy of Formula 1, bringing the spirit of the track into the heart of Mayfair. At Mandarin Oriental Hyde Park, guests may choose to balance the exhilaration of race weekend with the serenity of the hotel's park side location. With the option to relax at Hyde Park Garden, their al fresco dining destination which overlooks the park with menus created by the team behind Dinner by Heston Blumenthal, guests can enjoy a restorative counterpoint to the high-octane energy of Silverstone. WIMBLEDON: STYLED FOR CENTRE COURT Guests are also invited to celebrate the elegance and heritage of London's most iconic summer sporting event, The Championships Wimbledon, with an exclusive package designed for both style and spectacle, available from 29 June - 15 July. Guests of Mandarin Oriental Mayfair and Mandarin Oriental Hyde Park will enjoy priority access to coveted Centre Court tickets (priced upon request), alongside a series of bespoke touches including in-suite Wimbledon-inspired amenities, daily breakfast for two, and champagne with strawberries served at Hanover Bar at Mandarin Oriental Mayfair or a strawberries and cream dessert with English sparkling wine at Mandarin Oriental Hyde Park's Hyde Park Garden. The experience is elevated further with a Ralph Lauren Wimbledon-themed gift box, complete with an exclusive invitation to visit the New Bond Street Store for a personal styling session, ensuring guests arrive impeccably dressed for one of the season's most prestigious sporting occasions. At Mandarin Oriental Hyde Park, London, the celebration continues beyond Centre Court with an exclusive tennis experience in collaboration with Kensington Tennis Club. Guests are invited to play and train at a selection of the city's most sought-after courts across West London, including St. Luke's Square in Chelsea, King's Road and Holland Park Villas. The experience is complemented by chauffeur-driven transfers in an Aston Martin DBX707 and private sessions led by the club's elite head coaches - extending the spirit of the Championships far beyond the tournament itself. A SEASON TO REMEMBER Whether courtside or trackside, Summer of Sport with Mandarin Oriental London offers a rare opportunity to experience the very best of British summer, reimagined through the lens of luxury, access and exceptional service. For full details on the 'Summer' of Sport packages and booking information, please visit the dedicated landing page here . About Mandarin Oriental Mayfair, London Within walking distance of London's admired fashion houses on Bond Street and the boutiques of Saville Row, as well as auction houses and art galleries, Mandarin Oriental Mayfair provides a stylish base in one of the city's most sought-after areas, where culture and fashion collide. Taking advantage of this world-class location, the new hotel offers guests and MO Fans exclusive access and experiences from high fashion to art, culture and dining. In London, where the most influential quarters are claimed by Knightsbridge and Mayfair, these two points on the map are now connected through the Mandarin Oriental brand. For visitors and locals already in love with Mandarin Oriental Hyde Park in Knightsbridge, there is now an additional way to experience Mandarin Oriental, inspired by the vibrancy and creativity of its new neighbourhood. The overall project, comprising Mandarin Oriental Mayfair and the 77 Residences at Mandarin Oriental, is developed and owned by Clivedale London , an independent, Mayfair based developer established in 2012 dedicated to developing super-prime property in London, W1. Media Gallery Press Contacts Kate Richards +44 (0)20 7889 8888 [email protected]
- June 2, 2026Health
Rejûvaskin Launches Physician Grade Eczema Product Line to Support Sensitive and Irritated Skin
Rejûvaskin , a U.S.-based skin health company, has announced the launch of a new eczema-focused product line designed to support sensitive and irritation-prone skin. Building on years of experience in skin recovery, the company is expanding into eczema care with a solution developed in response to growing consumer demand and clinical insight. The new line includes eczema-supportive clothing and an enhanced first-of-its-kind eczema wash, with availability beginning this summer through direct channels, including Rejûvaskin's official website. Rejûvaskin Eczema continues to affect a significant portion of the population , impacting both children and adults worldwide. According to Chris Christenberry, founder of Rejûvaskin, many consumers report ongoing frustration with products that are either too harsh for sensitive skin or fail to deliver consistent results. Families often navigate cycles of irritation, dryness, and discomfort without access to solutions that balance efficacy with daily usability. Eczema Body Wash This unmet need became increasingly clear through real-world use of the company’s existing products. He explains that feedback from nurses and patients revealed an unexpected pattern. “They were saying, I’ve been using your products on my eczema, and it’s an excellent moisturizer. That is what really moved us into thinking about eczema,” he says. The new product line is built around a clinically informed approach that prioritizes skin barrier support and long-term comfort. The company has developed an eczema wash, addressing a formulation challenge that, according to Christenberry, has historically limited innovation in this category. He notes that regulatory standards recognize colloidal oatmeal as an approved active ingredient for providing skin protection and relief of eczema symptoms, while dermatology research increasingly supports the use of hypochlorite-based approaches in eczema care, reflecting growing clinical interest in its antimicrobial and anti-inflammatory properties. “The challenge has always been how to combine those two ingredients. We have been able to do it, and that is what makes the product unique,” he explains. Christenberry emphasizes that the formulation process included extensive testing on dry and sensitive skin, including seasonal testing conditions in the United Kingdom to replicate real-world environmental stressors. The resulting products are designed for daily use, with a focus on being non-irritating and suitable for a wide range of users, including children and individuals experiencing recurring eczema later in life. The company’s expansion into eczema care also reflects broader demographic trends. Christenberry observes that mild to moderate eczema is increasingly common among children , while a growing number of adults are experiencing recurrence. “I do not know any parent who does not have a young child with some level of eczema. We kept hearing that parents would try anything to help their children, and that stayed with us throughout development,” he explains. This insight informed a product line that prioritizes gentle, consistent care while maintaining clinical credibility. Rejûvaskin’s approach extends beyond topical products to include complementary solutions such as eczema-supportive clothing, developed through a joint venture. These garments incorporate a specialized polymer designed to retain moisture at the skin surface. Christenberry explains that this innovation aligns with the company’s broader philosophy of supporting the skin’s natural function. As the company enters the eczema category, it brings with it an established reputation in physician-supported skincare. According to Rejûvaskin, their products are used globally and have gained adoption among healthcare providers for scar recovery and skin repair. This credibility is expected to play a key role in the rollout of the new line. Christenberry underscores the importance of clinical engagement in driving awareness and trust. “I am a firm believer that physician uptake is very important. We have already begun sharing information with pediatric dermatologists, and we believe they will be early adopters,” he notes. The eczema product line will be introduced in phases, with the eczema wash scheduled for launch in July this year. Products will be accessible through the company’s direct-to-consumer platform, with broader distribution expected as awareness grows. Early feedback from testing and clinical engagement has been positive, with ongoing trials focused on eczema-prone patients to further validate performance.
- June 2, 2026Health
SabaRX Launches Nationwide Metabolic Wellness Platform Designed to Support Patients Beyond Existing GLP-1 Solutions
SabaRX today announced the upcoming launch of its nationwide telehealth metabolic wellness platform, scheduled to officially go live on June 18, 2026. The platform is designed to provide eligible individuals with access to physician-guided GLP-1 wellness programs through independent licensed healthcare providers utilizing a secure telehealth experience supported by contracted healthcare, pharmacy, and technology service providers. Through the SabaRX platform, eligible patients complete a secure online health intake and connect with independent licensed healthcare providers who evaluate patients for GLP-1 medications and other provider-directed metabolic wellness treatments when clinically appropriate. Prescriptions, when approved by a licensed healthcare provider, are fulfilled through appropriately licensed U.S. pharmacies and delivered discreetly to patients’ homes. Unlike many telehealth companies focused primarily on medication access alone, SabaRX is built around a broader long-term wellness philosophy. The company’s proprietary Metabolic Intelligence™ Nutritional Ecosystem, an integrated approach combining physician-guided care, microbiome-focused nutrition, muscle health support, hydration, behavioral education, and lifestyle wellness strategies, is designed to support individuals both during and beyond physician-guided GLP-1 wellness programs. The platform emphasizes sustainable healthy living through ongoing nutritional support, lifestyle consistency, wellness education, and long-term metabolic wellness strategies. “At SabaRX, we believe the future of metabolic wellness goes far beyond prescriptions alone,” said Dhamendra Lachman, Founder of SabaRX. “Our mission is to help support individuals during and after the GLP-1 journey through physician-guided care, nutritional wellness, healthier habits, microbiome support, education, accountability, and long-term lifestyle strategies designed to help people build healthier lives for the future.” A New Era of Metabolic Wellness The launch of SabaRX comes at a time of rapidly growing national interest in GLP-1 medications and physician-guided weight-management programs. While GLP-1 therapies continue to transform the wellness landscape, many healthcare experts increasingly emphasize that long-term success often involves more than medication alone. Leading institutions such as Harvard Health Publishing and Mayo Clinic continue to emphasize the importance of sustainable lifestyle habits, balanced nutrition, physical activity, hydration, protein intake, and long-term behavioral consistency as important components of long-term metabolic wellness. SabaRX is built around this philosophy. The company believes successful long-term wellness combines physician-guided care with education, nutritional wellness, lifestyle support, and sustainable daily habits designed to help individuals continue pursuing healthier lifestyles long after treatment programs conclude. The Saba Metabolic Intelligence™ Ecosystem At the center of the SabaRX platform is the company’s Metabolic Intelligence™ Ecosystem , an integrated wellness model designed to combine telehealth access, physician-guided wellness support, microbiome-focused nutritional wellness, behavioral education, and long-term healthy living strategies into one comprehensive experience. The ecosystem is designed to support: Physician-guided metabolic wellness care Nutritional awareness and healthier eating habits Microbiome and digestive wellness support Protein and lean muscle support Hydration and healthy energy support Behavioral consistency and accountability Long-term healthy lifestyle habits Sustainable metabolic wellness strategies The company believes sustainable wellness should focus on helping individuals build healthier routines they can realistically maintain over time. Supporting Patients During and After the GLP-1 Journey The Saba Metabolic Intelligence Nutritional System™ was developed to complement physician-guided wellness programs through targeted nutritional support and long-term lifestyle strategies designed to support metabolic wellness during and after the GLP-1 journey. The system focuses on several important areas associated with long-term wellness support, including: Protein-focused nutrition and lean muscle support Microbiome and digestive wellness Fiber-focused nutritional support Hydration and healthy energy support Rather than focusing solely on short-term outcomes, SabaRX emphasizes a broader philosophy centered around education, healthier habits, consistency, and whole-person wellness support. A Community-Driven Wellness Platform In addition to its physician-guided metabolic wellness platform, SabaRX is introducing what the company believes is one of the first influencer-driven wellness referral programs within the GLP-1 telehealth space designed to allow individuals to earn supplemental income by sharing products and wellness programs they personally value with friends, family, and their communities. The company believes the future of wellness is increasingly community-driven, education-focused, and powered by authentic consumer experiences. Through the SabaRX platform and broader Saba wellness ecosystem, eligible participants may have the opportunity to share wellness products and experiences while participating in a referral-based community platform designed around wellness advocacy and consumer engagement. “SabaRX is more than a telehealth company,” added Lachman. “We are building a modern metabolic wellness ecosystem that combines physician-guided care, long-term wellness support, education, community, and entrepreneurial opportunity into a single platform designed for the future.” How SabaRX Works Consult Patients complete a secure online health questionnaire and connect with an independent licensed healthcare provider through the SabaRX telehealth platform. Personalize If clinically appropriate, healthcare providers develop a personalized treatment and wellness support plan designed around each individual’s health goals and medical history. Deliver If prescribed, medications are shipped discreetly through appropriately licensed U.S. pharmacies directly to the patient’s home. Thrive Patients receive ongoing wellness support, education, accountability tools, and long-term lifestyle guidance designed to help support progress during and after physician-guided wellness programs. Powered by the Saba Wellness Ecosystem As part of its broader wellness strategy, SabaRX also provides access to wellness education and science-based nutritional support products through Saba For Life, an affiliated wellness company focused on microbiome wellness, metabolism support, energy, hydration, immune wellness, muscle support, and healthy living. For more than 35 years, Saba has supported individuals pursuing healthier lifestyles through wellness products, education, and community support. About SabaRX SabaRX is a telehealth access and wellness support platform focused on metabolic wellness, healthy living, and long-term lifestyle support. The platform connects eligible individuals with independent licensed healthcare providers for clinical evaluations and provider-directed treatment options when appropriate. The company’s philosophy emphasizes sustainable wellness, behavioral consistency, microbiome-focused nutrition, education, and long-term healthy living strategies designed to support individuals during and after physician-guided wellness programs. Visit their website or email at [email protected] . Important Medical & Regulatory Disclaimer SabaRX is a telehealth access and wellness support platform and does not practice medicine or independently prescribe medications. All medical evaluations, diagnoses, treatment decisions, and prescriptions are provided solely by independent licensed healthcare providers exercising their own professional clinical judgment. Prescription medications are available only if prescribed by a licensed healthcare provider following an appropriate clinical evaluation. Prescription approval is not guaranteed, and eligibility varies based on individual medical history, provider assessment, and applicable clinical criteria. Prescription medications, when prescribed, are fulfilled through appropriately licensed U.S. pharmacies. Wellness and nutritional products offered through Saba For Life are dietary supplements and are not prescription medications. Dietary supplements are not intended to diagnose, treat, cure, or prevent any disease. Individual results may vary. Long-term wellness outcomes depend on many factors, including nutrition, lifestyle habits, physical activity, adherence, underlying health conditions, and individual response to treatment or wellness programs. These statements have not been evaluated by the U.S. Food and Drug Administration.
- May 31, 2026Business
Independence Day: The Breakthrough That Changed Micro-X Forever
Every year at Micro-X, we celebrate what we call our "Independence Day" - a defining milestone in the company’s history and a moment that set us on the path we continue to follow today. 16 May marks the anniversary of the successful creation of our first carbon nanotube emitter and high-current Nano Electronic X-ray (NEX) Technology X-ray tube. For many, the creation of the NEX tube was a significant engineering achievement. For Micro-X, it was the moment possibility became reality. Challenging Conventional X-ray Technology Traditional X-ray systems rely on hot cathode technology - a design that has remained largely unchanged for more than 100 years. While effective, these systems are often large, power-hungry and mechanically complex. Micro-X was founded on the belief that X-ray imaging could be reimagined. The company saw the potential of carbon nanotubes (CNTs) to fundamentally change the way X-rays are generated. CNTs offered the possibility of cold cathode emission - generating electrons without the need to heat a filament to extremely high temperatures. The concept promised significant advantages insize, weight, power efficiency and controllability. But achieving stable, high-current cold cathode X-ray generation suitable for medical imaging had historically been proven to be extraordinarily difficult. The Creation of the First CNT Emitter In 2018, Micro-X achieved a critical breakthroughwith the successful creation of its first carbon nanotube emitter. This emitter became the foundation of what the company would later develop into its proprietary Nano Electronic X-ray (NEX)Technology platform. The achievement represented years of research, engineering development and persistence from a multidisciplinary team of physicists and engineers working to solve one of the most complex challenges in imaging technology. The CNT emitter demonstrated the ability to reliably generate electron emission using a cold cathode architecture, which was a key step toward creating a commercially viable X-ray tube. It was the beginning of a new chapter for the company. The First NEX Technology X-ray Tube In May 2019, following the successful development of the emitter, Micro-X achieved another major milestone: the successful creation and testing of its first X-ray tube using the CNT emitter. This was the pivotal moment that transformed the technology from a scientific concept into a functioning imaging platform. The successful testing of the tube validated that high-current, stable cold cathode X-ray generation could operate in a practical, controllable and repeatable way suitable for real-world applications. The technology became known as Nano Electronic X-ray (NEX) Technology - Micro-X’s proprietary carbon nanotube-based X-ray platform. For the company, this achievement became foundational. It provided the technological proof point upon which Micro-X would build its future. From X-ray to CT Imaging Micro-X first commercialised its NEX Technology through mobile X-ray systems, proving the technology in clinical environments where reliability, image quality and workflow efficiency are essential. Today, the company’s Rover mobile radiology systems are used across hospitals, healthcare systems and professional sports environments internationally. But the vision for the technology extends beyond mobile X-ray. Micro-X is developing advanced CT imaging systems, leveraging the unique advantages of cold cathode CNT technology to pursue entirely new approaches to computed tomography. Unlike conventional CT systems that rely on mechanically rotating gantries, Micro-X’s technology enables the use of multiple electronically controlled X-ray tubes with ultra-fast switching capabilities. This opens the door to the development of compact, lightweight and highly mobile CT systems designed for point-of-care and pre-hospital imaging applications. Among the company’s major development programs are: A portable Head CT system designed to support earlier stroke diagnosis closer to the patient A next-generation Full Body CT system being developed under the ARPA-H PARADIGM program in the United States Next generation Baggage CT scanners integrated into modular Airport Passenger Self-Screening Checkpoints Continued advancements in miniature X-ray and CT technologies for medical and security applications These programs represent years of continued innovation built upon the original CNT emitter and first NEX X-ray tube milestone. Reaching for the Stars What began as a bold engineering challenge has evolved into a platform technology with the potential to reshape how and where imaging is performed. From the first successful CNT emitter to world-first approaches in 3D CT imaging, the Micro-X story has always been defined by curiosity, determination and a willingness to pursue what other believed was too difficult. Our annual Independence Day celebration is more than a reflection on a technical achievement. It is a reminder of the mindset that continues to drive the company forward. Because every breakthrough starts with the decision to push beyond boundaries.
- May 31, 2026Business
Coles gives customers more value with return of popular kitchen range
Coles is rewarding customers with the return of its popular Curtis Stone Glass Container collection, helping Australians get more from their grocery budget and making cooking, serving and food storage easier. With cost-of-living pressures continuing to shape how Australians shop and cook, recent Coles research shows more than 1 in 2 customers surveyed (54%) are preparing more meals at home, while more than a third (35%) are batch cooking and freezing meals to save money.1 Following the success of last year’s popular Curtis Stone Glass Container campaign, the collection returns with an updated range including some customer favourites and three new designs. From Wednesday 27 May, customers can earn one ‘Glass Container credit’ for every $20 spent in a single transaction when they scan or enter their registered Flybuys in store or online at Coles until Tuesday 4 August.2 Once enough credits are collected, Flybuys members can redeem items from the range, including six borosilicate glass containers and a manual vacuum pump for free in store or online, excluding the Coles App, until Tuesday 11 August. Coles Chief Customer Experience Officer Michael Courtney said the return of the range responds to growing demand for practical kitchen solutions that help households get more from their groceries. “Our research tells us more than half of our customers are using points and loyalty programs to help save on their weekly shop3, and we’re continuing to find new ways to help customers make every shop count,” he said. “We’re also seeing strong demand for storage solutions as more customers cook at home, plan ahead and freeze meals to save money, so we’re excited to bring back one of our most requested programs with glass containers customers can use every day.” Glass Container credits are earned separately from Flybuys points, allowing members to redeem items from the range while continuing to collect Flybuys points on their shop. Customers can also choose to redeem items using a combination of half credits and half pay, or purchase items outright, while boosting their collection faster by earning bonus credits on selected products from 23 participating brands including Moccona, L’OR, Finish, Palmolive, Colgate, Kellogg’s, Connoisseur and Pedigree.4 To date, Coles has given away more than 47 million kitchen items through its loyalty program, helping customers get greater value from their weekly shop while reducing the cost of everyday kitchen essentials. Coles Ambassador and Michelin-starred chef Curtis Stone said the range was designed to help make everyday cooking, meal prep and food storage simpler for busy households. “Whether you’re meal prepping for the week, packing lunches or storing leftovers, this range is designed to make cooking and food storage easier,” Curtis said. “We’ve added three new sizes to the range, alongside returning favourites and the handy vacuum pump, to help make meal prep and storage of leftovers easier for busy households.” Crafted from durable borosilicate glass, the containers are designed for cooking, serving and storing food at home. They are oven and air fryer safe up to 230°C from room temperature, microwave-safe without the lids, and suitable for freezer storage down to –20°C. Each container features a leakproof lid with a built-in date dial and vacuum seal to help keep food airtight for longer. For added convenience, both the containers and lids are dishwasher safe, making clean-up simple for busy households. Customers can also look forward to meal prep inspiration, recipes and cooking tips from Curtis Stone in the June Coles Magazine, helping customers get the most out of the range. Curtis Stone’s Glass Container Collection will be available to redeem or purchase from Wednesday 27 May until Tuesday 11 August or until stocks last. For media enquiries, please contact Coles Media Line (03) 9829 5250 or [email protected] or [email protected] 1 Coles Circle, Cost of Living Survey March 2026 n=9,328 2 Spend $20 in one transaction in-store or online at Coles (after savings and discounts have been applied) and scan your Flybuys to receive one Glass Container credit. Earn credits until 4/8/26 and redeem credits (excludes Coles app) by 11/8/26 or while stocks last. $20 spend excludes the purchase of Coles Insurance products, UberEats, iTunes cards, gift cards, Mobile and Tech Accessories (inc. plans and recharge), Opal top up, calling cards, charity products, liquor, tobacco, tobacco related product purchases, subscriptions, and delivery fees. For full terms & conditions visit coles.com.au/curtis-glass-containers-terms 3 Coles Circle, Cost of Living Survey March 2026 n=9,328 4 Limit of one bonus Glass Container credit applies per brand, per transaction.
- May 31, 2026Business
Traveloka and Resorts World Sentosa Partner to Capture Surging Demand for Experience-Led Travel to Singapore
Traveloka, Southeast Asia’s leading all-in-one tech travel platform, today signed a Memorandum of Understanding (MoU) with Resorts World Sentosa (RWS), Singapore’s premier integrated resort destination. The collaboration is a direct response to Traveloka data showing accelerated Indonesian demand for Singapore experiences and reflects a shared commitment to strengthening regional tourism connectivity by enhancing how travelers discover, plan, and access RWS’s luxurious stays, iconic dining, and world‑class attractions and events through a seamless booking experience at Traveloka. The numbers tell the story. Singapore ranks among the top three outbound destinations for Indonesian travelers on Traveloka. In 2026 to date, Universal Studios Singapore and Singapore Oceanarium are the two most-searched attractions on the platform in Singapore. Search volumes for RWS attractions in February 2026 have doubled year-on-year, reflecting a strong demand for short-haul, experience-driven travel that combines leisure, entertainment, and family-friendly activities in one destination. "Traveloka doesn’t just move travelers. We use data to anticipate where they want to go before they’ve decided," said Baidi Li, Vice President of Commercial Traveloka . "Search volumes for RWS doubled year-on-year in February 2026. That demand signal drove this partnership. By combining our AI-powered recommendation engine with RWS’s world-class product, we convert intent into bookings at scale, and deliver a genuinely seamless experience for Indonesian families planning their next trip.” Indonesia is one of RWS’s top three priority source markets. While Universal Studios Singapore remains the most popular attraction for Indonesian travelers, data reveals a growing preference for integrated leisure experiences spanning dining, shopping and entertainment within a single destination. With the June school holiday approaching, this presents an ideal opportunity for Indonesian travelers to explore RWS's Summer of Treasures campaign. RWS is uniquely positioned to meet this evolving demand, offering premium accommodations such as The Laurus, Equarius Hotel, and Hotel Michael, alongside award-winning dining and world-class entertainment. This seamless integration of attractions, hospitality, and lifestyle amenities creates a convenient, end-to-end travel experience that resonates with Indonesian families and leisure travelers. Jenny Wang, Acting Senior Vice President, Resort Sales & Marketing, RWS , said “Resorts World Sentosa continues to strengthen its position as Asia's lifestyle destination resort. Indonesia has always been an important market for RWS, and this partnership with Traveloka allows us to further expand our reach in Indonesia and further in Southeast Asia. By leveraging Traveloka’s scale, strong user base and deep consumer insights, we are able to enhance how our offerings are discovered and experienced through more seamless and personalized options, while making it more convenient for travelers to plan and enjoy their visit to RWS's full range of offerings across accommodation, dining, and entertainment." As part of the collaboration, Traveloka and RWS will introduce several joint initiatives to enhance customer convenience and expand access to integrated travel experiences. Exclusive benefits and special deals for Traveloka users. Convenient access to bundled travel packages that combine flights, accommodation, attractions, dining, and world-class events and entertainment on one platform. More tailored travel recommendations based on user preferences and travel behaviour. To bring these initiatives to life, the RWS "Summer of Treasures" campaign, running from 29 May to 30 August 2026, will be available for booking on Traveloka. Featuring global brand collaborations across Singapore Oceanarium, Universal Studios Singapore, Adventure Cove Waterpark, and other attractions within the resort. Indonesian travelers can look forward to pop culture experiences, football legend appearances, a sustainability festival, summer-inspired culinary menus, and elevated resort stays. It is the right product at the right moment for Indonesian families planning the June school break.
- May 31, 2026Business
TOPPAN Group’s Siam Toppan Wins WorldStar Packaging Award
TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) and its Thailand-based subsidiary Siam Toppan Packaging Co., Ltd. (Siam Toppan) today announced that Siam Toppan has been honored with a WorldStar Award in the Toys category of the WorldStar Packaging Awards 2026, organized by the World Packaging Organisation (WPO). This achievement marks the seventh WorldStar win by Siam Toppan, further solidifying the TOPPAN Group's presence in the global packaging arena. The award ceremony was held on May 8, during the interpack 2026 international packaging industry trade fair in Dusseldorf, Germany. Defining its purpose as “Breathing life into culture, with technology and heart,” the TOPPAN Group aims to enable a sustainable society for the future. In its packaging business, TOPPAN leverages advanced technology and design expertise to offer solutions that balance environmental consideration with the enrichment of everyday life. Award-winning Entry: From Box to Theatre Siam Toppan received the award for the packaging of a product from One More Thai Craft Chocolates, a craft chocolate brand from Nakhon Si Thammarat in southern Thailand. The design expresses good health and happiness for local farmers. Integrating Cultural Heritage and Playfulness Inspired by Nang Talung, the traditional shadow puppet theatre of southern Thailand, the front of the box features a three-layer theatre stage design. Six traditional characters can be torn out along perforations after eating, and the outer box transforms into a mini stage set, allowing the packaging to be reused as a theatrical play kit. Sustainable Design and Enhanced Logistical Efficiency The packaging is designed to be recyclable. It is made solely from paper materials with no plastic windows. By facilitating reuse as a toy or decoration, the packaging also adds value beyond its primary function, contributing to waste reduction. In addition to functionality, the design also considers logistical efficiency, with the finished box being square-shaped to ensure optimal use of space during transportation. Perfect as a Gift Showcasing Regional Charm and History The packaging vividly illustrates the traditional process of making craft chocolate, encapsulating the regional culture and the brand's unique charm. By combining sustainability efforts with local storytelling, it serves as an ideal souvenir or high-quality gift for visitors and global consumers. About the WorldStar Packaging Awards Organized by the World Packaging Organisation (WPO), the WorldStar Packaging Awards is a global competition with a renowned reputation in the packaging industry. It recognizes outstanding technology and design based on criteria such as functionality, environmental performance, and graphic appeal. https://worldstar.org/ About Siam Toppan Established in 1990, Siam Toppan is a joint venture between TOPPAN Holdings Inc. and the Siam Cement Group. As one of Thailand's largest manufacturers of folding cartons, Siam Toppan achieves high-quality manufacturing through world-class printing, processing, and inspection equipment, underpinned by a superior quality management system. By leveraging the TOPPAN Group's global expertise, Siam Toppan provides advanced and high-performance packaging solutions. Its technical capabilities and design quality are highly acclaimed in both domestic and international markets. http://www.siamtoppan.co.th/en/index/home About the TOPPAN Group Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals. https://www.holdings.toppan.com/en/
- May 31, 2026Business
Axiata delivers strong earnings growth driven by improved operational performance and synergy realisation in 1Q2026
Axiata Group Berhad (“Axiata” or “the Group”) today reported a strong start to financial year 2026, delivering improved profitability and cash generation in its first quarter, underpinned by stronger performance across its telecommunications operating companies (“OpCos”) and a turnaround in its technology OpCos, which together form its two core portfolios. The Group’s performance reflects disciplined execution and continued progress under its Axiata28: Advancing Asia strategy, as Axiata strengthens its role as an active asset manager. Profit After Tax and Minority Interests (“PATAMI”) exceeded RM273.8 million, growing over 100% year-on-year (“YoY”), supported by improved operating profitability, cost discipline and contributions across the portfolio, with foreign exchange gains and lower financing costs providing additional support. Reported revenue stood at RM2.8 billion, a decline of 3.2% YoY due to foreign exchange translation effects. On a constant currency basis, revenue grew 8.5% YoY, reflecting continued operational resilience across the Group’s Telecommunications and Technology portfolios. Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) increased 11.2% YoY to RM1.4 billion, or 25.9% on a constant currency basis, driven by improved operating performance and ongoing cost discipline across the portfolio. Operating free cash flow rose 19.9% YoY to RM509.7 million, while cash balances stood at RM3.6 billion, underpinning a resilient balance sheet. Net debt to EBITDA improved to 2.51x, supported by sustained earnings growth and continued balance sheet discipline. Delivering on the Full Potential of Axiata’s Telecoms and Technology Portfolio The Group’s Telecommunications portfolio delivered improved operating performance during the quarter, supported by stronger market structures, ongoing integration progress and continued cost optimisation across key markets. 5G rollout continued across most operating companies, with Robi remaining at an early stage of deployment. CelcomDigi delivered an encouraging start to the year, underpinned by disciplined cost management, alongside convergence-led growth and continued efficiency gains. XLSMART continued to demonstrate strong post-merger momentum, with integration progressing ahead of plan and supporting revenue growth, margin expansion and improved profitability. Emerging as the second most valuable company in Sri Lanka, Dialog delivered broad-based growth across its core segments, alongside strong profitability and cash generation. Robi maintained resilient topline performance supported by cost discipline amid macroeconomic and geopolitical pressures. Smart continued to benefit from prepaid data growth and cost efficiencies, sustaining stable profitability. EDOTCO maintained stable underlying performance despite foreign exchange headwinds, with cost discipline and lower finance costs supporting profitability. Linknet continued to advance its FibreCo transformation, focusing on operational execution, platform development and long-term value creation. Meanwhile, the Group’s Technology portfolio exhibited continued progress as they scale their respective platforms. Boost benefitted from bank loan book expansion and one-off income from software and related services. ADA delivered revenue growth driven by solutions business, although margins were impacted by continued investments to support scaling. Executing Axiata28: Advancing Asia The Group’s performance reflects continued execution of Axiata28: Advancing Asia, which defines Axiata’s next phase of growth centred on a focused portfolio of Telecommunications and Technology assets. The strategy is anchored on transforming the portfolio for growth and returns, supported by disciplined capital allocation, active portfolio management and full potential value creation. Under this framework, Axiata operates as a lean holding company and active asset manager, focused on driving value across its Telecommunications businesses while scaling its Technology portfolio for long-term valuation growth. Execution priorities remain centred on strengthening earnings quality, improving cash flow generation and maintaining balance sheet resilience, while supporting sustainable shareholder returns, including progressive dividend growth over the medium term. Tan Sri Shahril Ridza Ridzuan - Chairman of Axiata "The Board is encouraged by the Group’s strong start to the year, underpinned by improved profitability, stronger cash flow and continued balance sheet discipline. Strong profit growth of over 100% and resilient cash flow reflects the progress made in strengthening earnings quality and financial resilience across the portfolio. As Axiata advances into its next phase under Axiata28: Advancing Asia, our focus remains on disciplined capital allocation, consistent execution and sustaining returns across a more focused and resilient portfolio. The Board will continue to prioritise financial strength, governance discipline and long-term value creation for shareholders." Vivek Sood - Group Chief Executive Officer and Managing Director of Axiata "Our first quarter performance reflects disciplined execution and clear progress in advancing Axiata28: Advancing Asia, with PATAMI of RM273.8 million, alongside stronger EBITDA and cash flow generation, despite currency headwinds on reported revenue. On an underlying basis, performance remained robust, with underlying PATAMI growing by over 100% to RM438.3 million, compared to the corresponding period last year. With the completion of the 5*5 strategy, Axiata is entering its next phase as a more focused and resilient asset manager, supported by a strong balance sheet and a portfolio of self-sustaining assets. Under Axiata28: Advancing Asia, we are sharpening our focus on capital discipline, portfolio simplification and unlocking the full potential of our operating companies, enabled by a lean Holding Company and a disciplined asset management approach across our Telecommunications and Technology portfolios. 5G rollout is progressing across all of our markets, positioning our operating companies to capture future growth opportunities, with Robi in Bangladesh at an earlier stage of deployment. We are streamlining the portfolio to optimise performance and unlock value, strengthening cash generation from our Telecommunications assets while scaling and realising value from our Technology businesses to support long-term shareholder returns." Appendix: Operating Company Performance Summary (1Q26) Telecommunications Businesses CelcomDigi: Encouraging start to FY26, underpinned by operational excellence discipline. CelcomDigi delivered a resilient performance in 1Q26, supported by convergence-led growth across key segments. Revenue remained broadly stable at RM3.2 billion, while EBITDA increased by 4.7% YoY to RM1.4 billion, with EBIT also rising 4.7% YoY, reflecting continued operational efficiency and synergy execution. Performance was driven by disciplined cost management, including approximately RM40 million in net savings across COGS and OPEX, and close to RM100 million in capex efficiencies, supporting earnings resilience and stable returns to shareholders, with the business returning an interim dividend per share of 3.4 sen. XLSMART: Strong post-merger momentum with integration benefits already evident. Revenue grew 37.6% YoY, driven by mobile revenue recovery following market repair and price rationalisation, supported by blended ARPU uplift to IDR47.3 thousand and favourable Lebaran celebrations timing. EBITDA improved to IDR5.4 trillion with margins expanding to 45.6%. Underlying PAT reached IDR1.4 trillion, reflecting improved operating performance as integration progressed ahead of plan and integration-related costs reduced. Dialog: The second most valuable company in Sri Lanka, with continued momentum in mobile growth and ahead-of-plan 5G execution. Dialog delivered strong performance across all key financial metrics, with revenue increasing 9.2%, EBITDA rising 23.1% and PATAMI growing over 100% YoY, driven by continued momentum across mobile, TV and fixed segments, supported by merger synergies. Operating free cash flow stood at LKR15.0 billion, underpinned by a healthy balance sheet. The business declared a maiden quarterly dividend of Rs0.70 per share, totalling LKR6.4 billion, equivalent to an annualised dividend yield of 9.2% based on the share price as at 31 March. Robi: Resilient topline performance and balance sheet amid macroeconomic and geopolitical headwinds. Robi delivered a resilient performance, supported by strong data growth driven by higher usage and continued 4G adoption. EBITDA and EBIT improved by 21.0% and 28.0% YoY on disciplined cost management, partly offset by higher depreciation arising from the asset modernisation programme at Dhaka. This supported PATAMI of BDT2.3 billion. The balance sheet remained resilient, with no exposure to USD-denominated debt. Smart: Prepaid data revenue growth and cost efficiencies drive higher PATAMI. Revenue grew by 7.3% YoY to USD111.3 million, driven by prepaid data growth, despite the delay in the 5G tariff launch. EBITDA margin remained stable at 58.1%, while EBIT increased by 15.6% YoY. This supported higher PATAMI, partly moderated by increased finance costs. The balance sheet remained strong, with a net cash position of USD174 million. Linknet: Advancing FibreCo transformation through financial discipline and focused execution. Linknet reported a revenue decline of 18.4% YoY to IDR661.4 billion as it progressed through its FibreCo transition, with performance reflecting evolving enterprise demand dynamics. EBITDA stood at IDR139.5 billion, while EBIT was at a loss of IDR311.3 billion, in line with transitional effects associated with the operating model shift. The business continues to advance key execution priorities, including open access expansion, tiered pricing activation and strengthening enterprise pipeline conversion, positioning the platform to support improved performance and long-term value creation. EDOTCO: Stable underlying performance with improved profitability. EDOTCO reported a 6.6% YoY decline in revenue to RM545.6 million, impacted by the Ringgit strengthening against OpCo currencies. EBITDA moderated supported by disciplined cost management, including lower site and network costs. Lower depreciation and finance costs contributed to PATAMI growth of 11.1%. Technology Businesses Boost: Revenue growth supported by bank loan book expansion and one-off revenue. Boost’s revenue grew over 100% YoY to RM106.4 million, supported by one-off income of RM51.0 million from software and related services. The bank loan book expanded as Boost scales its credit business. EBITDA improved to RM17.1 million and EBIT stood at RM5.0 million, reflecting ongoing investments in scaling the business. ADA: Revenue growth with margin pressure from scaling costs. Revenue grew 10.7% YoY to RM250.0 million, driven by higher contribution from solutions business. However, EBITDA declined 37.8% to RM14.3 million while EBIT dipped 45.9% to RM9.4 million due to increased platform and logistics costs, resulting in lower margins during the company’s scaling phase.
- May 31, 2026Business
Shareholders acknowledge completion of Axiata 5*5 and endorse pivot to Axiata28: Advancing Asia strategy
Axiata Group Berhad (“Axiata” or the “Group”) concluded its 34th Annual General Meeting (“AGM”) today, with shareholders expressing support for the Group’s strategic direction and continued focus on value creation. All seven (7) resolutions tabled during the AGM were successfully passed. Axiata delivered a resilient performance in FY2025, with improved cash flow and a stronger balance sheet. The Group received RM1.7 billion in dividends from its operating companies, underpinned by strong cash flow. Operating free cash flow rose by 12.8% year‑on‑year (“YoY”) to RM1.6 billion, supporting improved liquidity at the holding company level. Net Debt to EBITDA also improved to 2.46x from 2.74x in FY2024, reflecting continued debt reduction at the holding company, EDOTCO and frontier market operating companies. Profit After Tax and Minority Interests (“PATAMI”) for FY2025 stood at RM364.6 million, while underlying PATAMI increased by 36.3% YoY to RM536.7 million. In 2025, Axiata continued to consolidate its position as a leading Asian telecoms and technology group through focused execution of the Axiata 5*5 strategy. This was supported by strong earnings from frontier markets, synergy realisation within jointly controlled entities and continued balance sheet strengthening. The Group’s jointly controlled entity, CelcomDigi, strengthened its position as Malaysia’s largest telecommunications provider, closing FY2025 with 20.6 million subscribers. Profit After Tax (“PAT”) rose by 10.1% YoY to RM1.53 billion, contributing RM574.7 million in dividends to the Group. CelcomDigi remains on track to achieve steady-state savings of RM800 million post 2027. In Indonesia, post-merger integration at XLSMART is progressing ahead of schedule, positioning the business for margin expansion in FY2026. The business delivered approximately USD250 million gross synergies in the first year, exceeding its FY2025 synergy target of USD150–200 million, and contributed RM390.6 million in upstream dividends. Axiata’s frontier market operations recorded strong profit and cash flow growth, despite macroeconomic and currency pressures. Frontier markets contributed RM694.8 million in upstream dividends, including RM253.4 million from Dialog, RM142.3 million from Robi and RM299.2 million from Smart. Operating performance remained resilient, with YoY PATAMI growth of 66.7% at Dialog, 33.3% at Robi and 5.9% at Smart, driven by disciplined cost management, improving ARPU and focused execution. However, the strengthening of Ringgit against these operating currencies resulted in adverse translation impacts on reported performance. Simultaneously, Axiata continued to prioritise strengthening its financial resilience in FY2025, through disciplined capital management and sustained Group-wide deleveraging, with holding company debt falling to RM7.0 billion. This strategy-driven approach will continue to underpin sustainable shareholder returns going forward. The following resolutions were passed by shareholders at the AGM: Re-election of Directors – Resolutions 1 to 3 Khoo Gaik Bee and Mohamad Hafiz Kassim, who retired by rotation pursuant to Clause 104 of the Constitution, were duly re-elected as Directors. Shareholders also approved the re-election of Didi Syafruddin Yahya, who retired in accordance with Clause 110(ii) of the Constitution. Directors’ Fees and Benefits – Resolutions 4 to 5 The fees and benefits payable to the Non‑Executive Chairman and Non‑Executive Directors of Axiata and its subsidiaries were approved to take effect from the 34th AGM until the next AGM. Reappointment of Auditors – Resolution 6 PricewaterhouseCoopers PLT was appointed as the auditors of the Company for the financial year ending 31 December 2026, together with the authorisation of the Directors to determine their remuneration. Proposed Shareholders’ Mandate for Recurrent Related Party Transactions (“RRPT”) of a Revenue or Trading Nature – Resolution 7 A mandate was also approved for RRPT, granting Axiata the authority to enter into related party transactions of a recurrent nature in the ordinary course of business. Tan Sri Shahril Ridza Ridzuan- Chairman of Axiata "FY2025 marked the completion of our 5*5 Strategy and a year of stronger financial resilience, supported by improved cash flow, a stronger balance sheet and the Board’s commitment to sustainable shareholder returns, including a total dividend of 10.0 sen per share for 2025. We continued to create value beyond business performance by directing RM13.6 million in community investments that impacted 8.6 million lives. As we enter our next phase under Axiata28: Advancing Asia, the Board is focused on disciplined execution and capital allocation, strengthening Axiata as a focused regional operator and smart asset manager to deliver sustainable returns over the long term. We record our sincere appreciation to Vivek Sood for leading Axiata’s strategic transformation over the last three years, and we welcome Nik Rizal Kamil, who will succeed as Group Chief Executive Officer and Managing Director. This transition reflects the Board’s confidence in the deep pool of talent within the Group and ensures leadership continuity." Vivek Sood - Group Chief Executive Officer and Managing Director "With the completion of the 5*5 Strategy, Axiata moves forward as a focused and resilient asset manager, supported by self-sustaining assets, a stronger balance sheet and improved positioning to create future value, guided by our North Star of delivering returns above the cost of capital. Under Axiata28: Advancing Asia, we are executing with sharper emphasis on capital discipline, portfolio simplification and consistent execution, enabled by a lean Holding Company and an active asset manager approach across our Telecoms and Technology portfolios. We are streamlining the portfolio to maximise performance toward peak value by leveraging digital and AI across the Group, strengthening cash generation in our Telecoms assets while progressively realising value from our Technology businesses to support long-term shareholder returns. On a personal note, I thank our shareholders and the Board for their support over the last three years, and I congratulate Nik Rizal Kamil on his appointment as Group Chief Executive Officer and Managing Director, effective 1 June 2026."
- May 31, 2026Business
Mandarin Oriental and Amouage Unveil 'Whispers of the Fan' - A Bespoke Luxury Amenities Line Inspired by the Art of Hospitality
Mandarin Oriental announces its collaboration with Amouage, unveiling Whispers Of The Fan - a bespoke amenity collection created exclusively for Mandarin Oriental worldwide. A meeting of two houses united by craftsmanship, cultural heritage and innovation, the collection is a refined expression of Mandarin Oriental's ethos and of its iconic symbol, the fan. When Mandarin Oriental sought to create a distinctive scent for its guest amenities, it turned to Amouage, the Omani High Perfumery House renowned for its artistry and dedication to crafting immersive fragrance experiences. Acclaimed for its singularly artistic approach to perfumery and creative craftsmanship, Amouage proved a natural partner for Mandarin Oriental in composing a scent that reflects the brand's heritage and contemporary global presence. The story of Mandarin Oriental begins with two iconic properties: Mandarin Oriental, Hong Kong, which opened in 1963, and Mandarin Oriental, Bangkok, whose origins date back to 1876. United under one name in 1985, these founding hotels established a standard of understated elegance and legendary service that continues to define the brand today. Both properties are currently undergoing significant enhancements, with Mandarin Oriental, Bangkok recently unveiled following an extensive restoration of its historic Authors' and Garden Wing, and Mandarin Oriental, Hong Kong now entering a new chapter of renewal, ensuring that by year's end these legendary addresses will shine brighter than ever. To honour this dual heritage, Amouage's Chief Creative Officer Renaud Salmon, together with perfumer Suzy Le Helley, immersed themselves in Hong Kong and Bangkok, drawing inspiration from the rhythm, contrasts and cultural richness of both cities. Their creative compass became Mandarin Oriental's eleven-bladed fan, an emblem recognised globally as a mark of exceptional hospitality. From this symbol emerged the concept of eleven distinct notes, each representing a blade of the fan, brought together in a composition that is subtle yet lasting. The fragrance blends lemongrass, mandarin, coconut, ginger, lotus flower, jasmine, rice, tea, bamboo, incense and silk. Inspired by the sensory landscapes of Hong Kong and Bangkok, with a subtle connection to Amouage's Omani roots, each note is clearly defined yet seamlessly harmonised. The result mirrors Mandarin Oriental's service philosophy: intuitive, gracious and ever-present, leaving a lasting impression without seeking attention. Whispers Of The Fan is expressed across six bespoke amenities: shampoo, conditioner, shower gel, hand wash, hand and body lotion and a soap shaped in the Amouage royal emblem. Each formulation has been meticulously crafted to deliver exceptional performance while remaining gentle and non-irritating. The products are vegan, cruelty-free and composed of 97% natural and organic ingredients. Presented in sustainably produced, refillable bottles created exclusively for this collaboration, the design reflects Mandarin Oriental's understated aesthetic and commitment to responsible luxury. Production and global supply are entrusted to ADA Cosmetics, combining advanced skincare expertise with the highest sustainability standards. Laurent Kleitman, Group Chief Executive of Mandarin Oriental, commented: “Whispers Of The Fan marks a significant moment for Mandarin Oriental. As we celebrate the 150-year milestone of our founding property in Bangkok and the complete transformation of our flagship in Hong Kong, it felt like the ideal time to revisit our guest amenities and introduce what we believe is an industry first, fully aligned with our independent, pioneering spirit, part of our DNA. This collaboration honours our heritage while expressing our vision for the future. In partnership with Amouage, we have created a sensory signature that embodies the essence of our fan and the legendary service that defines Mandarin Oriental, crafting exceptional experiences for our guests every day, everywhere.” With this collaboration, Mandarin Oriental transforms daily rituals into immersive moments of comfort and storytelling, a subtle yet powerful reminder that true luxury is often expressed with quiet confidence. Marco Parsiegla, Chief Executive Officer of Amouage, commented: “Our current growth at Amouage reflects not only the strength of our creations, but equally the potency of the spaces and environments in which they are encountered. We are deeply honoured to partner with Mandarin Oriental, one of the world's most iconic hospitality brands, whose dedication to craftsmanship, excellence and emotional connection resonates closely with our own values. This collaboration is a natural extension of our philosophy: to be present only where the conditions allow for a true expression of the House. In these spaces, fragrance becomes part of a lasting memory.” All liquid products within the Whispers Of The Fan amenities line are presented in Amouage's newly developed, sustainably produced refillable bottle, created exclusively for this collaboration. Echoing the distinctive lines of the Amouage Body Line collection, the design features a ceramic-feel rigid outer shell allowing each bottle to be reused multiple times, reinforcing Mandarin Oriental's commitment to responsible luxury. The refill system incorporates a patented pump mechanism developed by ADA, ensuring that each refill is entirely hygienic while maintaining the highest standards of safety and guest comfort. The pale lotus hue reflects the understated aesthetic synonymous with Mandarin Oriental worldwide. The solid soap, shaped in the Amouage royal emblem, is presented in an elegant box, completing the collection with refined detail. Created by perfumer Suzy Le Helley, the fragrance belongs to the Citrus Floral Fruity olfactive family, opening with notes of lemongrass, mandarin, coconut and ginger, unfolding into a heart of lotus flower, jasmine, rice and tea, and settling into a base of bamboo, incense and silk. The Whispers Of The Fan amenities line will be introduced to Mandarin Oriental hotels in Barcelona, Mallorca and Hong Kong from June 2026, and in phased roll-out across other properties globally over the course of 2026. -ENDS- About AMOUAGE Amouage is an Omani High Perfumery House renowned for creating some of the most finely crafted perfumes in the world. Founded in the Sultanate of Oman in 1983 to be 'The Gift of Kings', the House has redefined the Arabian art of perfumery and garnered a global reputation for bringing innovative modernity and true artistry to all its creations. Masterfully paying tribute to its heritage, Amouage is a unique fusion of East meets West that defines avant-garde opulence. Today, it expresses the contemporary majesty of Oman, a historic trading centre for frankincense around the globe, with arresting and alluring collections that speak to a sophisticated, confident, and well-travelled discerning clientele who seek something compellingly precious, extraordinary and personal, every day. Amouage creations have charmed a global audience and are now available in close to 100 countries around the world. The House's international presence encompasses 28 standalone boutiques in Oman, the UAE, the US, China and Malaysia as well as a highly selective network of approximately 1,500 of the world's finest department stores, perfumeries, and airports. About Mandarin Oriental Hotel Group Mandarin Oriental is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Each outstanding property reflects the Group's dual Asian heritage, while proudly distilling the Essence of the Destination, reflected in every hotel's own fan - carefully crafted by local artisans. Driven by a passion for the exceptional, every day, everywhere, the Group's mission is to craft time-enriching experiences that transform the ordinary to the exceptional and guests to fans through its legendary service. The Group now operates 46 hotels, 15 residences and 39 exceptional homes in 29 countries and territories with many more projects under development. Mandarin Oriental continues to drive its reputation as an innovative leader in luxury hospitality, delivering sustainable growth over the long term.
- May 31, 2026Event Announcement
Mandarin Oriental Celebrates Eight Colleagues Honoured at Inaugural LQA Sirius Awards
Mandarin Oriental is proud to announce that eight colleagues from across its global portfolio have been recognised at the inaugural LQA Sirius Awards, a new global recognition celebrating frontline excellence in luxury hospitality. Created by LQA, the global leader in luxury hospitality assessment, the awards honour 100 hospitality professionals selected from more than 9,000 Star Employee recognitions recorded during official LQA assessments. The awards recognise individuals who consistently create exceptional guest experiences through intuition, empathy and professionalism. The following Mandarin Oriental colleagues were recognised: Alberto Antonio Rivera, Butler, Mandarin Oriental Ritz, Madrid Alfredo Rodriguez, Receptionist, Mandarin Oriental Ritz, Madrid Alice Ravera, Guest Relations Supervisor, Mandarin Oriental Jumeira, Dubai Alina Abrecht, Guest Experience Agent, Mandarin Oriental Palace, Luzern Alexia Martirosian, Guest Experience Supervisor, Mandarin Oriental, Costa Navarino Claudio Granucci, Housekeeping Apprentice, Mandarin Oriental Palace, Luzern Daniel Jacobs, Senior Doorman, Mandarin Oriental, Barcelona Felix Ferdinand Fuhrken, Engineering Manager, Mandarin Oriental Savoy, Zurich Their recognition reflects the consistency, care and craftsmanship that define the Mandarin Oriental experience. Across every role and every destination, colleagues bring the Group's legendary service philosophy to life through meaningful human connection, emotional intelligence and a deep understanding of guest needs. Mandarin Oriental extends special recognition to Daniel Jacobs, Senior Doorman at Mandarin Oriental, Barcelona, who received both the LQA Sirius Award and the Morning Star distinction in recognition of his ability to welcome guests with warmth, authenticity and genuine care. “We are immensely proud to see eight colleagues recognised on a global stage through the inaugural LQA Sirius Awards,” said ShaoWei Ong, Chief People & Culture Officer at Mandarin Oriental. “These recognitions celebrate the people at the heart of our organisation - colleagues whose dedication, intuition and professionalism create exceptional experiences for our guests every day. Their achievements reflect not only individual merit, but also the strength of the cultures and teams that support them across our hotels.” For 25 years, LQA has independently assessed service excellence across the world's leading luxury hotels, evaluating tens of thousands of guest interactions annually across more than 130 countries. The LQA Sirius Awards were created to recognise hospitality professionals whose actions create lasting emotional impact through authentic and intuitive service. About Mandarin Oriental Hotel Group Mandarin Oriental is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Each outstanding property reflects the Group's dual Asian heritage, while proudly distilling the Essence of the Destination, reflected in every hotel's own fan - carefully crafted by local artisans. Driven by a passion for the exceptional, every day, everywhere, the Group's mission is to craft time-enriching experiences that transform the ordinary to the exceptional and guests to fans through its legendary service. The Group now operates 46 hotels, 15 residences and 39 exceptional homes in 29 countries and territories with many more projects under development. Mandarin Oriental continues to drive its reputation as an innovative leader in luxury hospitality, delivering sustainable growth over the long term.
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