SELANGOR, MALAYSIA – Media OutReach Newswire – 4 March 2026 – In celebration of Chap Goh Mei, The Mines Shopping Mall Seri Kembangan invites families and friends to their Chap Goh Mei Festival. From 6 – 8 March, 4pm – 11pm daily, the festival brings together culture, entertainment, and tradition, all set against the lively buzz of the Foodie Tour pop-up experience. Brimming with cultural performances, celebrity appearances, and thrilling rewards for visitors of all ages, the three vibrant days of festivities promises a spectacular end to the Chinese New Year season.
The main festivities begin on Saturday, 7 March, with a beloved Mandarin Orange Tossing, the timeless tradition where singles toss mandarin oranges in hopes of finding live and meaningful connections in the New Year. Adding to the excitement is the Grand Lucky Draw featuring special prizes from renowned jewellery brand, ‘Poh Kong’. For fans of DISSY, the popular Malaysian Chinese Youtube personalities will be present for a meet and greet to kick off the event. Saturday’s celebration continues to be enriched by captivating cultural performances, inviting great prosperity and fortune for all who attend. Visitors are encouraged to bring along their families to enjoy the joyous Lion Dances, Choi San Appearances, and graceful Fan Dance Performances.
On Sunday, 8 March, the festival’s main highlights include family-friendly activities and a grand finale celebration. The Kids Talent Competition will showcase young performers taking centre stage to showcase their creativity and confidence. The celebration will culminate in a spectacular Firework Show accompanied by Yee Sang Sessions for a final welcome to the New Year. The evening will also feature an energetic Chinese New Year songs and dance mashup performances, bringing the festivities to an exhilirating close.
Throughout all three days, from 6 to 8 March, guests can enjoy a wide range of engaging activities. Families can participate in free kids’ workshops, while roaming entertainment such as the Mixue Snow Kings Walkabout, adding an element of surprise and delight. Couples and singles can explore the Love Matching Session on Saturday and Sunday, while the Blessing Wall offers visitors a chance to pen their wishes for the year ahead. The Giant Inflatable Choi San Photo Corner provides the perfect festive backdrop for memorable snapshots, and food lovers can indulge in a variety of delicious offerings at the lively Foodie Tour Market.
The Chap Goh Mei Festival at The Mines promises a meaningful and joyful gathering that honours tradition while creating new memories. By bringing together cultural heritage, community engagement and exciting rewards, the event offers a vibrant finale to the Lunar New Year celebrations.
For more information, visit The Mines Shopping Mall’s website at https://the-mines.com.my or find real-time updates at The Mines Shopping Mall’s Facebook Page facebook.com/theminescapitaland
Hashtag: #MonkiiGlobalHoldings
The issuer is solely responsible for the content of this announcement.
Thanks to powerful partnerships with industry leaders, NOTE 60 Ultra represents Infinix’s boldest entry in the flagship tier, debuting in Barcelona during MWC 2026
BARCELONA, SPAIN – Media OutReach Newswire – 5 March 2026 – Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship debuting in Barcelona during Mobile World Congress 2026.
Infinix NOTE 60 Ultra Design by Pininfarina
Co-developed with Italian automotive and design legend Pininfarina, NOTE 60 Ultra’s design is driven by an emotion-led aesthetic inspired by super cars. Beneath its bold design lies a fully realized flagship experience, integrating breakthrough in-house innovations with best-in-class partner technologies. A professional-grade 200MP ultra-high-definition imaging system, built-in multi-country satellite communication connectivity, and immersive audio precision-tuned by SOUND BY JBL come together to challenge expectations in the premium segment.
Supercar Design DNA in a Flagship, Shaped by Pininfarina
In the premium segment, the design language is a device’s opening statement. A user’s perception at first glance is shaped by aesthetics, long before a single specification is considered.
Drawing inspiration from the aerodynamic philosophy and pioneering spirit of high-performance sports cars, Infinix, in partnership with Pininfarina, takes a radical departure in sculpting a flagship. What stands out immediately is what’s missing: the camera bump. As premium handsets adopt larger sensors, they often sacrifice form with increasingly protruding camera modules.
True to the sports car heritage, NOTE 60 Ultra introduces a fully integrated, single-body rear: the Aluminum Unibody Design. At the heart of this craftsmanship is the World’s 1st Uni-Chassis Cam Module, formed a single, continuous sheet of CORNING® GORILLA® GLASS VICTUS that virtually conceals the presence of the camera. Much like a supercar sculpted for low-drag, the rear design maintains a smooth, uninterrupted silhouette. This also ensures a natural in-hand feel and unobtrusively slips into any pocket, while reinforcing the phone’s durability and structural integrity.
Paying homage to Italian cultural and racing heritage, NOTE 60 Ultra arrives in four striking colorways: Torino Black, Monza Red, Amalfi Blue, and Roma Silver. Each hue draws inspiration from the most iconic scenes and legends of Italy’s motorsport and cultural history, capturing the spirit of speed, lifestyle, and emotional beauty.
Just as a supercar announces its ignition through sound and light, NOTE 60 Ultra mirrors the ritual. A Floating Taillight signature spans the rear, illuminating as the device powers on. And as a final nod to automotive heritage, NOTE 60 Ultra features an Active Matrix Display reminiscent of a supercar dashboard at startup. Concealed within the rear surface, the hidden display lights up to reveal notifications, expressive icons, or a pixel-style virtual companion.
Dual Flagship Cameras for Detail, Zoom, and True-to-Life Imaging
Although discreet at first glance, Infinix makes no concessions on camera performance and earmarks a new era for Infinix’s imaging capability. Delivering performance on par with industry-leading standards, Infinix’s Dual Flagship Imaging Architecture marks several brand-first breakthroughs and improvements across three dimensions, reinforcing its position as a signature offering.
Under the hood, it’s clear that NOTE 60 Ultra refuses to settle for less. Discreetly integrated within the Uni-Chassis Cam Module is a powerful triple-camera array. Anchored by a next-generation 200MP Samsung ISOCELL HPE sensor, NOTE 60 Ultra delivers ultra-high-definition clarity. And ensuring flagship-grade versatility across focal lengths, the phone is complemented by a 50MP Samsung ISOCELL JN5 periscope telephoto lens and a 112° ultra-wide lens.
However, hardware alone does not define the full experience. For the first time, Infinix supports the XDR display standard with Ultra HDR Capture. Powered by a proprietary XDR Image Engine, Infinix’s advanced system delivers a superior dynamic range, ideal for true-to-life photos of bright lights at night or breathtaking sunset scenes.
The result is exceptional resolution that sets a higher bar for precise framing in daylight or after dark, while faithfully preserving details often lost in standard photography. Whether exploring daytime cityscapes or distant horizons, NOTE 60 Ultra excels with its advanced optical‑to‑digital zoom performance. Crisp, detailed shots are captured across a versatile zoom range, from a 2× optical crop and native 3.5× optical zoom to a 7× lossless digital zoom, extending up to 100× for extreme distances.
Expansive Satellite Calling and Messaging Coverage
Beyond what meets the eye, NOTE 60 Ultra carries a more subtle capability designed to accompany the user’s ambition, as far as and wherever the road leads. NOTE 60 Ultra is the first¹ to introduce dual-way satellite calling with expansive global coverage across a far greater number of countries¹. Powered by two-way messaging and calling beyond traditional terrestrial networks, NOTE 60 Ultra offers an added peace of mind whether navigating remote terrain beyond cellular coverage or facing large-scale network disruptions. The device bridges regional connectivity gaps to maintain communication and enables emergency location sharing when it matters most.
Ultra-Fast, Enduring Functionalities for an All-Around Flagship Experience
NOTE 60 Ultra combines category-leading performance and enduring power to support multi-sensory entertainment without interruption. Complementing this, its latest user experience delivers forward-looking innovations and AI-driven optimizations, making it more accessible and seamless for everyday use.
Impressively, Infinix debuted the Proprietary Battery Self-Healing Technology. Despite featuring a massive 7000mAh silicon-carbon battery within a slim, lightweight frame, NOTE 60 Ultra is engineered to restore up to 1%² of battery health every 200 charge cycles. Complementing this breakthrough, NOTE 60 Ultra supports wired 100W All-Around Fast Charge and 50W wireless charging, achieving a full charge from 1% to 100%² in only 48 minutes through a wired connection.
Even with a massive battery, Infinix pulls out all the stops to optimize for both speed and energy management. Featuring a 4nm all-big-core MediaTek Dimensity 8400 Ultimate chipset together with Infinix’s self-developed performance engine, NOTE 60 Ultra achieves up to 25%² faster multitasking, accelerated app responsiveness, and sustained smoothness.
NOTE 60 Ultra excels in its class with a captivating, 1.5K Ultra HDR cinematic display. Delivering fluid 144Hz responsiveness and exceptional 4500-nit peak brightness, visuals remain vibrant across most lighting conditions. Even in motion, intelligent predictive stabilization minimizes motion sickness, whether watching a film or playing games from within a car. And just as a high-performance vehicle demands calibrated acoustics, NOTE 60 Ultra doesn’t settle for less. It delivers high-fidelity audio through a stereo system with SOUND BY JBL, completing a truly compelling entertainment experience.
The NOTE 60 Ultra’s optimized performance enables its intelligent AI features to run fluidly and efficiently with minimal battery drain. Its integrated AI ecosystem focuses on practical daily-enhancing functions, including real-time vitals tracking via Advanced Health Monitor, personalized file organization and an adaptive AI-powered knowledge base, all evolving with user preferences. These AI capabilities are seamlessly woven into GlowSpace, a new interface debuting on XOS 16.³ Powered by Android 16, GlowSpace introduces a fully reimagined UI centered on fluid motion and luminous details that animate with every interaction.
Through co-engineering with leading technology and innovation partners, Infinix has aligned NOTE 60 Ultra around a unified vision of excellence. The outcome is a benchmark-setting flagship defined not by spectacle, but by deeply integrated and purposeful engineering, inside-out.
Product availability
NOTE 60 Ultra comes with a promise of 3 years of major OS updates and 5 years of security patches.
NOTE 60 Ultra is available in four colors: Torino Black, Monza Red, Amalfi Blue, and Roma Silver.
It will be available in two variants: 12GB + 256GB, 12GB + 512GB, with built-in eSIM⁴.
NOTE 60 Ultra comes with a deluxe gift box with automotive-inspired display stand design. A Supercar-Inspired MagCharge Base in Zinc Alloy, a Kevlar-Pattern MagPad, a Custom Kevlar MagCase, and a Track-Edition SIM Ejector Pin are included in the gift box.
Disclaimer
¹As of launch, this device is the first commercially available smartphone to support two‑way satellite calling across multiple countries. Feature availability, supported regions and coverage are subject to local certification, network deployment and market conditions.
²All data comes from Infinix laboratories. The testing data may vary slightly between different test versions and testing environments.
³The specific XOS upgrade plan for each model will be announced separately. Please note that availability of this upgrade may be limited in certain countries.
⁴eSIM availability is carrier and region-dependent; it may not be supported in all countries.
Hashtag: #Infinix
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – The Town Planning Board (TPB) will hold a hearing tomorrow for public representations on the new Ngau Tam Mei (NTM) Outline Zoning Plan. The traditional farming landscape in NTM has existed for over a hundred years. This rural township has also preserved the industry of ornamental fish aquaculture (particularly koi), an industry that has almost disappeared in Hong Kong. In terms of ecology, NTM is closely linked with the Deep Bay wetlands and the future Sam Po Shue Wetland Conservation Park, and supports Eurasian Otter and many wetland birds. In view of these, the Hong Kong Institute of Landscape Architects (HKILA) and World Wide Fund for Nature Hong Kong (WWF) are proposing four enhancement recommendations, which aims to conserve traditional cultural and historic heritage, build public spaces that can be used by both human and wildlife under the “single site, multiple use” model, and transform NTM into an iconic town of rural ecotourism in the Northern Metropolis.
When proposingthese enhancement recommendations, HKILA and WWF aim to:
Create a people-oriented livable city
Achieve a future in which people live in harmony with nature
Promote urban-rural integration
Enhance biodiversity
Adopt Nature-based Solutions (NbS) in the development
Details of the four enhancement recommendations are as follows:
Retain the existing koi fish farming ponds (approximately 7 hectares) east of the NTM UniTown, and transform them into a thematic Koi Park, creating public open space while conserving wetland habitats for various wildlife, preserving Hong Kong’s ornamental fish aquaculture industry, and also promoting innovative themed rural tourism.
Preserve the existing agricultural land and fishponds located within the proposed station plaza and riverside park areas as far as possible, and redevelop them into a Lotus Pond Park (approximately 12 hectares) featuring the characteristic Jiangnan waterscape style. This would provide an open wetland landscape for the city centre, enhance ecological functions, and create a distinctive attraction of local thematic immersive tourism.
Taking the opportunity to revitalise the main NTM river channel and construct a multifunctional blue-green corridor, the artificial channel should be ecologically restored. The existing fishponds and agricultural land within the proposed blue-green corridor (approximately 6 ha) should be preserved to enhance ecological value but also increase landscape diversity. These fishponds and agricultural land could further serve purposes such as flood storage and leisure farming.
At Yau Pok Road, the NTM river channel should be modified to divert part of the river flow into the wetland area between Fairview Park and Palm Springs, which falls under the future Sam Po Shue Wetland Conservation Park. Additionally, the associated “Recreation” zone along Yau Pok Road and the river channel should be rezoned to “Open Space” to serve as an extension of the NTM blue-green corridor to improve ecological connectivity. Furthermore, the permitted building heights for the “Residential (Group A) 2” sites in Areas 4A and 4B should be reduced, adopting a stepped building profile on the side facing the river channel to minimise impacts on birds.
Mr. Paul Chan, President of HKILA, pointed out that: “Through close collaboration between HKILA and WWF, our joint recommendations for Ngau Tam Mei bring together landscape and ecological considerations, aligning with Greater Bay Area strategies such as ecological priority and green development. Transforming existing koi farms and other habitats into thematic parks and blue-green corridors will foster urban-rural integration, promote innovative ecotourism, and build a high-quality, healthy, and biodiverse community that balances growth with diversified landscape.”
Dr. Bosco Chan, Director, Conservation of WWF, shared that “The rural landscapes and traditional cultural heritage of Ngau Tam Mei represent a unique opportunity to integrate nature-based solutions into the Northern Metropolis. Our joint recommendations leverage the existing wildlife habitats and thematic local industries to preserve biodiversity, enhance climate resilience, and develop innovative rural tourism. Ultimately, our aim is to create shared spaces where people and wildlife can thrive together, not just in Ngau Tam Mei but also across the Northern Metropolis.”
HKILA and WWF will attend the public hearing held by the TPB on 6 March to brief the TPB members on our recommendations. HKILA and WWF hope that the TPB and the relevant government departments would consider and adopt our proposal, creating a quality, healthy and green Northern Metropolis. HKILA and WWF also hope that the Government will maintain the dialogue with relevant stakeholders on the development and planning of the Northern Metropolis to achieve a win-win situation.
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Sea urchin spines are not only for defence—they also act as natural sensors. A research team led by Prof. WANG Zuankai, Associate Vice President (Research and Innovation), Dean of Graduate School, Kuok Group Professor in Nature-Inspired Engineering and Chair Professor of the Department of Mechanical Engineering of The Hong Kong Polytechnic University (PolyU), together with scholars from City University of Hong Kong (CityU) and Huazhong University of Science and Technology (HUST), has discovered the mechanoelectrical perception in sea urchin spines, originating in their gradient porous structure, that allows the spines to instantly detect water flow. Using 3D printing, the team has replicated this structure and developed a bionic metamaterial sensor, which holds promise for breakthroughs in sensing technology. This innovation will drive the advancement of deep-sea technology such as marine monitoring and underwater infrastructure management, and can be extended to other emerging fields like brain-computer interfacing and aerospace.
A research team led by Prof. Wang Zuankai, Associate Vice President (Research and Innovation), Dean of Graduate School, Kuok Group Professor in Nature-Inspired Engineering and Chair Professor of the Department of Mechanical Engineering of PolyU, has discovered the mechanoelectrical perception in sea urchin spines. It originates in the spines’ gradient porous structure that generates electrical signals when water flows through it. The team used 3D printing technology to replicate the structure and develop a novel bionic metamaterial sensor.
The research team found that, in the long-spined sea urchin (Diadema setosum), when a seawater droplet strikes the tip of a spine, the spine rotates rapidly within a second. Electrical measurements revealed that the droplet simulation produced a voltage of about 100 millivolts inside the spine; when the spine is immersed in water, water flow stimulation triggers a voltage of several tens of millivolts. This mechanoelectrical perception was observed even in dead spines, indicating that the mechanism is unrelated to biological cells.
This response originates from the stereom structure of the spine—the porous internal skeleton composed of pores with varying sizes and distributions. These pores exhibit a gradual gradient along the spine from the base to the tip: larger pores and lower solid density at the base, and smaller pores and higher solid density at the tip, forming a bicontinuous gradient porous structure. As water flows through the porous structure, solid-liquid interfacial interaction occurs and the flow exerts shear force on the electric double layer, inducing the separation and redistribution of interfacial charge, which generates a voltage difference. The gradient structure intensifies the interaction between water flow and pore surfaces, resulting in a stronger voltage difference and enhancing the spine’s sensing capabilities.
Inspired by these findings, the researchers used vat photopolymerisation 3D printing to create artificial samples from polymer and ceramic materials that resemble the spine’s stereom. Experiments showed that the spine-mimicking design produce a voltage output about three times higher and an amplitude about eight times greater than non-gradient designs under water flow stimulation, demonstrating that the key to the mechanoelectrical perception lies in the structure rather than the material. They also constructed a bionic 3D metamaterial mechanoreceptor that is designed in a 3 × 3 array with each unit made of gradient porous material. This mechanoreceptor can record electrical signals in real time underwater and precisely locate the position of water flow impact, without the need for additional electricity.
The research team points out that the gradient porous structure in sea urchin spines enhances signal transmission, thereby improving the precision and sensitivity of the mechanoreceptor. By replicating this structure in different materials, it is possible to extend its application beyond water flow sensing to various types of signals, including those measuring pressure, vibration and electromagnetic waves. This will inspire sensing technologies in multiple fields, such as in relation to its use in brain-computer interfaces to enhance the sensing of brainwaves and neural signals, with tremendous application potential.
Prof. Wang Zuankai said, “Compared to traditional mechanoreceptors, our design excels in manufacturability, structural design flexibility, material versatility, geometric and performance control, and real-time underwater self-sensing. Leveraging gradients of porous materials and 3D printing technologies, we aspire to produce more nature-inspired metamaterial sensors with a range of materials, pore sizes and surface features that support potential applications in many fields.”
At the forefront of nature-inspired science and engineering research, Prof. Wang’s team has also invented various new materials, including lotus leaf-inspired self-cleaning surfaces capable of rapid water repellency, Araucaria leaves-inspired surfaces that enable self-propelled liquid transport, and anti-icing structures that achieve spontaneous ejection of freezing droplets by replicating the biological mechanism of spore shooting in fungi. He envisions that their research will open up new avenues for the development of nature-inspired materials.
“For natural porous materials, mechanical properties such as strength may not be the primary function, but rather a by-product of complex biomineralisation. Uncovering previously unknown mechanisms that lie beyond a material’s traditionally recognised function helps us to more comprehensively understand and fully utilise these natural resources. This is crucial for advancing biomimetic research,” he added.
This joint research was co-led by Prof. LU Jian from CityU, and Prof. YAN Chunze and Prof. SU Bin from HUST. The study findings have been published in the international journal Nature.
Property values across Aotearoa New Zealand increased by 0.2% in February. That remains a modest rise, but still the strongest since October last year, and more than reversing January’s small -0.1% drop.
Cotality NZ’s latest Home Value Index (HVI) also shows that the national median value in February of $806,697 was -1.2% lower than a year ago and still down by -17.3% from the peak in early 2022 – which was $975,540.
Trends across the main centres were more consistent in February. Kirikiriroa Hamilton and Ōtepoti Dunedin saw the strongest rises, both at 0.9%, while the rest of the main centres saw a lift in values in the 0.4%-0.6% range, except Tāmaki Makaurau Auckland’s was more modest (0.1%).
Cotality NZ Chief Property Economist, Kelvin Davidson said that February’s slightly stronger results were potentially a sign of things to come, but that it’s still early days.
“With sales activity trending upwards for some time now, mortgage rates down, and the economy showing signs of a pick-up, a re-emergence of modest gains in property values this year would not be a surprise.”
“The labour market probably holds the key, and most forecasts suggest that employment has already troughed, with the unemployment rate set to fall from now on.”
“That being said, a modest lift in national property values in a single month in February is nothing to get carried away about.”
“Given the cautious attitude that still prevails among both buyers and sellers, we’d need to see at least two to three more monthly increases before calling it a trend.”
“Moreover, even if that upswing does begin in earnest this year, values are still down more than 17% from their peak, with conditions remaining pretty favourable for first home buyers and those investors looking to start or expand a portfolio. On the flipside, many vendors will be getting prices below what they expected a few years ago.”
“The election campaign in 2026 and any discussion around property policies is yet to kick into full swing and that will certainly be a key focus in upcoming months. At this stage, the Middle East geopolitics may not influence the NZ housing outlook too much, but that’s obviously a watching brief.”
Index results for February 2026
Change in dwelling values
Month
Quarter
Annual
From peak
Median value
Tāmaki Makaurau Auckland
0.1%
-0.8%
-3.2%
-23.2%
$1,040,913
Kirikiriroa Hamilton
0.9%
0.5%
-1.2%
-12.2%
$711,669
Tauranga
0.5%
0.6%
1.1%
-14.9%
$930,470
Te-Whanganui-a-Tara Wellington*
0.4%
0.2%
-1.4%
-24.8%
$777,690
Ōtautahi Christchurch
0.6%
0.9%
2.8%
-2.7%
$701,152
Ōtepoti Dunedin
0.9%
1.3%
0.9%
-10.0%
$619,067
Aotearoa New Zealand
0.2%
-0.1%
-1.2%
-17.3%
$806,697
Tāmaki Makaurau Auckland
Tāmaki Makaurau Auckland was still a bit softer than many other parts of the country in February, but even so, all sub-markets were flat or slightly higher.
Rodney, Waitakere, and Auckland City avoided falls, while there were minor 0.1% lifts in North Shore, Manukau, and Franklin – with Papakura up by 0.2%. That small rise in Papakura was enough to make it the only sub-market in Auckland where values are slightly higher (0.3%) than three months ago in November.
Mr Davidson said, “it’s still very early days and a softer month or two at some stage in the near term could never be ruled out. That being said, Auckland’s housing affordability has improved significantly in recent years as values have dropped, alongside the favourable combination of lower mortgage rates and higher household incomes.”
“In other words, with affordability conditions better, and as listing numbers continue to fall, a modest lift in Auckland property values over the medium term wouldn’t be a surprise. It’s too early to say if February marks the start of that shift, but no doubt there’ll be many people watching very closely in our largest centre.”
Change in dwelling values
Month
Quarter
Annual
From peak
Median value
Rodney
0.0%
-0.4%
-2.0%
-21.0%
$1,194,695
Te Raki Paewhenua North Shore
0.1%
-0.2%
-0.8%
-17.9%
$1,283,944
Waitakere
0.0%
-0.8%
-2.5%
-24.6%
$917,487
Auckland City
0.0%
-1.4%
-4.5%
-24.8%
$1,104,846
Manukau
0.1%
-0.8%
-3.9%
-25.0%
$967,728
Papakura
0.2%
0.3%
-3.3%
-23.9%
$812,347
Franklin
0.1%
-0.4%
-2.9%
-22.8%
$918,325
Tāmaki Makaurau Auckland
0.1%
-0.8%
-3.2%
-23.2%
$1,040,913
Te Whanganui-a-Tara Wellington
The wider Te Whanganui-a-Tara Wellington area remained patchy in February, with Porirua down by -0.3%, and both Kāpiti Coast and Te Awa Kairangi ki Uta Upper Hutt seeing a minor -0.1% fall.
By contrast, Te Awa Kairangi ki Tai Lower Hutt was stable, and Wellington City itself (the largest market in this region) saw a solid 0.8% rise in values. That saw the quarterly change for Wellington City come in at 1.1%, and values are now only slightly down (-0.3%) from a year ago.
Mr Davidson noted, “economic and political uncertainty still seems to be lingering around Wellington, which is weighing on the property market. As the election becomes a stronger focus in the coming months, this situation may not change too much.”
“Still, Wellington City property values recorded a strong lift in February. It’s still early to call it a new trend, but better affordability conditions for buyers might set the stage for growth in the medium term.”
Change in dwelling values
Month
Quarter
Annual
From peak
Median value
Kāpiti Coast
-0.1%
-0.1%
-3.5%
-23.0%
$787,008
Porirua
-0.3%
-1.4%
-3.4%
-24.8%
$719,858
Te Awa Kairangi ki Uta Upper Hutt
-0.1%
-0.2%
-1.8%
-24.9%
$708,605
Te Awa Kairangi ki Tai Lower Hutt
0.0%
-1.0%
-2.6%
-26.7%
$663,635
Wellington City
0.8%
1.1%
-0.3%
-24.1%
$875,710
Te-Whanganui-a-Tara Wellington
0.4%
0.2%
-1.4%
-24.8%
$777,690
Regional results
Outside the main centres, property values strengthened in February, apart from minor -0.1% dips in Rotorua and Ngāmotu New Plymouth, alongside a flat result in Te Papaioea Palmerston North.
Elsewhere among the next tier of markets, there were more notable lifts in values in Tairāwhiti Gisborne (0.9%), Waihōpai Invercargill (1.1%), and Whanganui (1.2%).
“Alongside Ashburton, Timaru, Gore, and Southland District, Invercargill is the other part of the country where property values are at a new peak.
Affordability will be a factor in these areas, but the shape of the economy – with the primary sector performing well at present – will also be playing a role in supporting property values,” Davidson noted.
Region
Change in dwelling values
Month
Quarter
Annual
From peak
Median value
Whangārei
0.1%
-0.9%
-1.7%
-19.6%
$717,833
Heretaunga Hastings
0.2%
-1.8%
-1.2%
-18.5%
$712,171
Ahuriri Napier
0.4%
0.4%
-0.3%
-18.2%
$703,516
Te Papaioea Palmerston North
0.0%
0.3%
0.6%
-18.1%
$607,217
Tairāwhiti Gisborne
0.9%
1.1%
4.3%
-13.9%
$623,830
Whakatū Nelson
0.2%
-0.4%
-2.2%
-13.9%
$718,436
Rotorua
-0.1%
0.0%
-0.2%
-12.6%
$629,451
Whanganui
1.2%
1.3%
2.5%
-9.9%
$521,106
Ngāmotu New Plymouth
-0.1%
-0.4%
-0.8%
-6.2%
$701,113
Tāhuna Queenstown
0.1%
0.3%
0.0%
-4.0%
$1,526,975
Waihōpai Invercargill
1.1%
1.9%
6.1%
At peak
$515,067
Property market outlook
Mr Davidson noted that the latest, cautious Monetary Policy Statement and recent cuts to longer-term mortgage rates by some banks could be buoying borrowers.
“Anyone with large debts will no doubt be pleased to see the Reserve Bank pushing back slightly on the suggestion that the OCR could rise sooner rather than later.”
“However, borrowing decisions are nevertheless still changing. As people anticipate a tightening cycle at some stage, there’s now 30% of existing loans fixed and not due to reprice for not at least a year, the highest share since February 2024.”
Looking ahead, property market activity levels should continue to increase this year, potentially bringing down the stock of listings on the market to some extent, and creating a bit more upwards pressure on house prices.
However, Mr Davidson also noted that “lending restrictions, particularly the debt-to-income ratios remain a guardrail in the background.”
“In addition, the physical stock of dwellings has recently risen relative to our population, which is an additional restraint on property value growth.”
“All in all, although the so-called animal spirits in the housing market have the potential to re-emerge at any stage and with little warning, a balanced view at present is for only modest growth in values this year,” Mr Davidson concluded.
The Cotality Hedonic Home Value Index (HVI) is calculated using a hedonic regression methodology that addresses the issue of compositional bias associated with median price and other measures. In simple terms, the index is calculated using recent sales data combined with information about the attributes of individual properties such as the number of bedrooms and bathrooms, land area and geographical context of the dwelling. By separating each property into its various formational and locational attributes, observed sales values for each property can be distinguished between those attributed to the property’s attributes and those resulting from changes in the underlying residential property market. Additionally, by understanding the value associated with each attribute of a given property, this methodology can be used to estimate the value of dwellings with known characteristics for which there is no recent sales price by observing the characteristics and sales prices of other dwellings which have recently transacted. It then follows that changes in the market value of the entire residential property stock can be accurately tracked through time.
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Organized by the Hong Kong Women Professionals & Entrepreneurs Association (HKWPEA), the latest “Outstanding Women Professionals and Entrepreneurs Award” (OWA) opens for nomination.
HKWPEA members, 2026 Outstanding Women Professionals and Entrepreneurs Award Organising Committee members and past awardees
The first OWA dates back to 1999, 3 years after HKWPEA was inaugurated, and has been running at a few years’ interval since. The 2026 OWA is the 9th to be organized to recognize outstanding Hong Kong women professionals and entrepreneurs, to celebrate excellence, spotlight role models and to showcase the continuous contribution made by women in the current age and New Economy.
The press conference was hosted by HKWPEA represented by office bearers including Ms. Julianne Doe, President; Partner of Hui Doe & Sum Law Firm LLP; Ms. Jennifer Tan, Chairperson, Organizing Committee of 2026 OWA; Senior Advisor of Ant Digital Technologies – International Business and Partner of 01F Group; Ms. Marina Wong, JP, Chartered President; Ms. Helen Kan, Immediate Past President, HKWPEA; Ms. Sandra Mak, Director, Ms. Angel Hon, Director, and Ms. Agnes Koon, Director, HKWPEA.
Ms. Jennifer Tan, Chairperson, Organizing Committee of 2026 OWA, said: “Coming out of the challenging pandemic years, we found ourselves faced with global economic uncertainties and severe geopolitical issues calling for strong leadership and audacity to innovate and advance. Against this backdrop, we find it even more meaningful to celebrate outstanding women professionals and entrepreneurs in Hong Kong and thank them for their tireless contributions to society. Their accomplishments are leading lights for the younger generation. By highlighting their success, we encourage future leaders to chase their dreams and pursue sustainable initiatives to benefit communities and mankind.”
Nomination for the 2026 OWA recognising achievements in professions and business categories begins today until April 30, 2026. Six awardees will be selected by an eminent judging panel. The nomination form can be downloaded from HKWPEA website: https://www.hkwpea.org/
47 outstanding women have been selected in the past 8 OWA events. A few past OWA awardees were present at the press conference for a brief fire-side chat at the media conference. They are Dr. Eliza Yi Wah HO FOK, Winner, 2021 OWA, Chairman of the Hong Kong Breast Cancer Foundation; Prof. Helen MENG, Winner, 2017 OWA, Patrick Huen Wing Ming Professor of Systems Engineering & Engineering Management, The Chinese University of Hong Kong andDr. Rebecca LEE, Winner, 1999 OWA, Founder of Polar Museum Foundation. While sharing their key to success, they also encourage women from different fields to come forward and join the award scheme.
Ms. Marina Wong, Founding President of HKWPEA, announced the 2026 OWA Judging Panel composition:
Mr. Benjamin HUNG Pi Cheng, BBS, JP, President, International for Standard Chartered (Head Judge)
Ms. Agnes CHAN Sui Kuen, BBS, Chairman, Hong Kong General Chamber of Commerce
Ms. Teresa KO Yuk Yin, BBS, JP, Former Senior Partner, Hong Kong and China Chairman, Freshfields
Hon. Jeffrey LAM Kin Fung, GBM, GBS, JP, Member of the Executive Council
Professor Charles NG Wang Wai, PhD, Vice-President for Institutional Advancement, The Hong Kong University of Science and Technology
Dr. Rosanna WONG Yick Ming, DBE, JP, Senior Advisor, The Hong Kong Federation of Youth Groups
Independent Advisor:
Professor Andrew CHAN Chi-fai, SBS, JP, Emeritus Professor, Department of Marketing, The Chinese University of Hong Kong Business School
Since the inception in 1999, the award has achieved recognition in selecting women who provide outstanding examples to business leaders, peers and youth alike, in their high standard of integrity and ethical values. HKWPEA was established in 1996 as a non-profit organization by a group of local women professionals and entrepreneurs. They have come together to develop a strong support network, to create practical and innovative learning and business opportunities for themselves and for others, to promote high professional standards, and to respond to consultations of the HKSAR Government on various policy issues.
HKWPEA website: https://www.hkwpea.org/
Special thanks to Hong Kong Economic Times, our Media Partner
Hashtag: #HKWPEA
The issuer is solely responsible for the content of this announcement.
[sh] Call to lock in KiwiSaver withdrawal age as 65
123RF
A prominent investor and director is calling for politicians to confirm that New Zealanders can count on getting their KiwiSaver when they turn 65.
Fraser Whineray, former Mercury chief executive, has outlined a plan for how he would like to reform the almost-20-year-old KiwiSaver.
He said a priority was to make the KiwiSaver withdrawal age its own setting.
At the moment, people can access their KiwiSaver funds when they reach the age of eligibility for NZ Super, which is currently 65.
But it shifted from 60 to 65 in 1993 and there have been proposals to move it higher.
Whineray said KiwiSaver access should remain at 65, regardless.
“If that [NZ Super age] shifts, then KiwiSaver shifts. I’m going ‘well hang on a second, KiwiSaver is my money’. People are doing their financial planning, their work planning, all those sorts of things… knowing it’s coming at 65.
“So one rule is that KiwiSaver’s access age needs to be defined, and not defined by something else.”
He said all political parties would receive a copy of the summary policy on Monday.
“I would love to see them answer the question ‘are you going to confirm that people can get their KiwiSaver no later than 65?’ And if they mumble over that question, and say ‘I’m going to wait for a report’ or get a study done or whatever – rightly, New Zealanders should say ‘that is not a hard question. It’s my money, I’m getting it at 65. You need to tick yes or find another job’.”
He said it should also be made clear that the government could not direct KiwiSaver funds.
“KiwiSaver funds need to know that it’s up to them and their risk appetite and their fund managers to work out what they should be invested in, how much in New Zealand, h ow much overseas, how much in bonds, how much in equities, etcetera.
“We can’t have a situation where KiwiSaver funds are being forced to invest in things which are to offload government fiscal problems.”
Whineray also wants to direct more KiwiSaver support to children. The number of under-18s with accounts has dropped since the $1000 “kickstart” payment was removed.
He said children could have an account opened automatically by Inland Revenue at birth with $5000 invested in a growth fund, paid by the government. A family could then put in $2 a week to give children a balance of $20,000 or $25,000 by 18.
He said this could be done with the $500 million a year currently spent on unevenly distributed incentives for people aged 18 to 64.
The member tax credit had cost nearly $1 billion before the government halved its contribution to $260. At the moment, many people were missing out and the system was creating “haves and have-nots” he said.
He also wanted compulsory employer contributions to continue for people on parental leave paid by the employer, and for contribution rates to reach 12 percent.
He said that should be done by dropping employer contributions to 2 percent from 2027 and increasing them by 0.5 percent a year to 2047, while employee contributions remained voluntary.
“We have to do this very gently … we’ve left people behind. They’re already not got on the buss or they are off the bus, so we need to reverse the bus a bit.
“This has to be very slow. Otherwise, it’s just too much of a shock for the system, and the economy, and wages… So, 20 years is kind of the transition, but it also overlaps with the political system letting it stabilise for 20 years, until at that point, it’ll be embedded.”
He said people who had been out of the country for a year should also not be able to pull out their money at that point.
“If you go anywhere [other than Australia] you can pull it out after a year. You go on the OE, you’re sitting in Ibiza, hit 366 days, you’ve permanently migrated and pulled the lot.”
This new addition reflects the company’s dedication to supporting the growing demands for logistics and warehousing services in the country
The warehouse is a part of strategic growth plans to significantly expand its warehousing footprint and service offering in the country
MANILA, PHILIPPINES – Media OutReach Newswire – 5 March 2026 – Leading global logistics service provider Rhenus Group has officially opened a new warehouse in Philippines’ Paranaque, Metro Manila. This marks the company’s effort to expand its presence as a leading logistics player in the Philippines, with plans to add more warehousing space in the near future.
The warehouse is strategically located in NCR, close to major business districts and offers excellent access to major transport routes via direct access from SLEX Sucat. The brand new 7,320 sqm multi-user warehouse facility features a very high ceiling of around 20m with full insulation. It has the highest level of structural integrity and meets very high safety and security standards. Some of the features include Optical Beam Smoke Detectors, Sprinklers, mechanical cross ventilation system, fully enclosed gated compound, 24×7 security guards, full CCTV coverage with 60 days video retention, intruder alarm system, etc.
With a focus on sustainability, the warehouse utilizes LED lighting, solar panel provision, and a skylight to harness natural light, in an effort to reduce its carbon footprint. The warehouse is in the process of obtaining ISO certifications in Quality Management Systems (QMS), Environmental Management Systems (EMS), and Occupational Health and Safety (OH&S) Management Systems.
The new warehouse expands the footprint of seven existing facilities across Manila, Cagayan de Oro, and Davao, strengthening nationwide coverage and smooth integration with global supply chains.
“Rhenus offers 4 million m² of storage across 180 locations in 21 countries, providing tailored contract logistics solutions. The new warehouse will enhance our logistics network in the APAC region, enabling us to deliver more efficient and sustainable logistics operations for our customers. We are committed to optimizing supply chains and meeting diverse client needs,” said Marcus Fornell, Regional Head of Rhenus APAC Warehousing Solutions.
Rhenus in the Philippines
The freight and logistics market size in the Philippines is estimated at USD 16.20 billion in 2026 and is expected to reach USD 21.60 billion by 2031[1].
“Rhenus Philippines will continue to strengthen our position further in the market. With the opening of this new warehouse, we are moving forward with our plan to continue to invest in modern and state-of-the-art facilities. This allows us to expand our footprint and product portfolio to serve our customers’ requirements with the highest level of efficiency, safety, security, and compliance,” said Deepak Sharma, Managing Director of Rhenus Warehousing Solutions Philippines.
Rhenus Philippines has strong expertise in chemical warehousing, consumer goods, machinery and industrial logistics. Together with its freight forwarding entity, it offers a wide range of comprehensive services to customers, including warehousing and distribution solutions, domestic inter-island shipping, customs brokerage, project logistics, as well as air, ocean, and road freight.
More information on Rhenus Philippines is available at:
https://www.rhenus.group/ph/
Details of the new warehouse:
Address: Emilia St., San Isidro, Paranaque City, Metro Manila, Philippines.
Contact: +632 8424 8097
Hashtag: #Rhenus
The issuer is solely responsible for the content of this announcement.
The shipping lane in the Strait of Hormuz, a vital channel for energy trade, effectively closed due to the ongoing conflict between the US, Israel and Iran in the Middle East.
Modelling by Westpac suggests a disruption to Iranian production only could see the price of oil rise another US$25 per barrel to around US$100 (NZ$168).
It’s warning that could push our inflation rate up by around one percent.
Further shipping disruptions through the Strait could see Brent crude spike further, and as a result, inflation could climb.
Willis told Checkpoint she was receiving briefings every day from the Treasury, which was closely co-ordinating with the Reserve Bank (RBNZ).
“What they’re telling me is that, of course, as a small trading nation, New Zealand will be impacted by these global events, but how we are affected will depend on what happens with the data,” Willis said.
Willis said she hasn’t received formal Treasury scenarios on the impacts of the Middle East conflict yet.
However, she said markets aren’t predicting oil to rise as high as they did after Russia’s invasion of the Ukraine.
“Markets don’t know yet how long this conflict will be or how severe this conflict will be, in fact, none of us know that,” Willis said.
“The best-case scenario I think for all of us is that the conflict ends. This is not New Zealand’s, but this is a conflict that is affecting human beings in a profound way and also has the potential to affect the global economy, and, therefore, New Zealand’s economy in a profound way.”
Willis said the Treasury and Reserve Bank are geared up to monitor the effects of the war closely.
She said it was too soon to tell how the conflict will impact her 2026 Budget, but she expects to stick to the operating allowance she gave off $2.4 billion.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
Inland Revenue say digital platforms use sophisticated algorithms to push content to people based on their search history.123rf
Commissioner Peter Mersi was used as part of a scam inviting people to a webinar on crypto tax changes123rf
Even the Commissioner of Inland Revenue cannot avoid being a target for scammers.
The tax department on Thursday warned that people needed to be wary of social media scams impersonating well-known New Zealanders, including commissioner Peter Mersi.
Mersi was used as part of a scam inviting people to a webinar on crypto tax changes.
An image of a man said to be the Commissioner of Inland Revenue (CIR), Peter Mersi, was used as part of a social media scam.IRD/SUPPLIED
The Financial Markets Authority last year warned that scammers were impersonating celebrities, journalists, politicians and financial commentators.
Some were using deepfake videos to promote free investment advice WhatsApp groups and encouraging people to invest in fake investment platforms, it said at the time.
IR spokesperson Stephen Lynch said digital platforms were using sophisticated algorithms to push content to people based on their search history.
He said the latest posts did not show Peter Mersi. Incorrect versions of the Inland Revenue logo were being used and the invitation was not from anyone at the department.
“We believe whoever is behind the campaign is using false, probably AI generated, images and messaging to trick people into giving out personal information which is then used to access online accounts or steal someone’s identity.
“Inland Revenue investigates and searches for scams so we can pass the details on to the social media platforms they appear on to have the ads taken down. Following notifications to Meta, this series of ads claiming to be from IR was taken down only to reappear, slightly altered, the next day.
“Unfortunately, the use of images and artificially generated likenesses is on the increase with investment scams on social media platforms and websites being a major contributor to New Zealanders losing $265 million dollars to fraud last year.”
Lynch said Inland Revenue had received more than 3000 reports of scams from the public in the three months to the end of February.
He said scammers were aware of important tax periods and increased their efforts at that time.
BARCELONA, SPAIN – Media OutReach Newswire – 4 March 2026 – OPPO and MediaTek showcased new on-device AI advancements at MediaTek’s “AI for Life” keynote during Mobile World Congress (MWC) 2026. Jason Liao, President of the OPPO Research Institute, highlighted how deep collaboration between the two companies is accelerating AI deployment on smartphones.
Jason Liao Speaking at MediaTek Keynote
The event marked the rollout of new on-device AI capabilities, progress on the jointly developed Omni Model, and advances in cross-ecosystem connectivity — outlining a shared vision for the next generation of AI Phones.
From Chip to Experience: Advancing On-Device AI
As mobile experiences become increasingly AI-driven, OPPO is advancing its AI strategy centered on “New Computing, New Perception, and New Ecosystem.” At the core of this strategy is “On-device Compute”, enabling low-latency, privacy-preserving, and personalized AI experiences. As Jason Liao emphasized, “On-device Compute is a cornerstone of OPPO’s AI strategy, making AI a perceptible, real-time experience integrated into everyday usage.” This shared vision underpins the deep collaboration between OPPO and MediaTek on flagship chip platforms, accelerating the transition of on-device AI from technical concept to scalable deployment.
Powered by the MediaTek Dimensity 9500 platform, OPPO’s self-developed on-device AI Translate and AI Portrait Glow now deliver performance comparable to cloud-based solutions. These features will soon roll out to OPPO Find X9 Series through the upcoming ColorOS 16 software update.
The on-device AI Translate can run directly on the device, achieving an average 15% improvement in accuracy over conventional approaches while supporting seamless multilingual translation. It maintains stable output even without internet connectivity or under weak signal conditions, enabling reliable translation across diverse scenarios.
Meanwhile, on-device AI Portrait Glow enhances portraits captured in challenging lighting environments. By intelligently analyzing and reconstructing scene illumination, it improves results in dim or backlit conditions while maintaining natural rendering — all without network reliance. Demonstrations have showcased exceptional performance in both visual realism and adaptability to various scenes.
OPPO On-device AI Features
OPPO and MediaTek also unveiled a technology preview of Omni, the industry’s first on-device full-modal AI model designed for multi-modal understanding and interaction. Supporting voice, video, and text inputs, Omni enables live scene understanding and interactive Q&A directly on a smartphone. This advancement strengthens on-device AI’s ability to perceive and interpret the physical world, laying the foundation for more proactive and natural human–computer interaction.
OPPO On-device Omni Model
Demonstrating Ecosystem Integration and Innovation
The collaboration was further showcased in the interactive experience zone at the MediaTek booth, where attendees explored Find X9 Pro’s on-device AI capabilities alongside its telephoto imaging with the OPPO Hasselblad Teleconverter. Reno15 Pro was also featured, presenting creative AI imaging tools including AI Motion Photo Eraser, AI Motion Photo Popout, and the AI Flash Photography.
OPPO at MediaTek Booth
Coming soon, OPPO’s Find X9 Series will bring Android Quick Share, enabled in close collaboration with MediaTek and Google. Without installing third-party applications, users can conveniently and securely transfer files between OPPO smartphones and iOS, iPadOS and macOS devices, improving cross-platform interoperability. The feature is expected to begin rolling out via software update starting in March.
At MWC 2026, OPPO Find X9 Pro was shortlisted for the “Best Smartphone” award at the GLOMO Awards, gaining recognition for its innovation across performance, imaging, and AI integration.
Looking ahead, OPPO and MediaTek will continue strengthening collaboration in frontier areas such as on-device AI to advance user experience. Together, the two companies remain committed to delivering more powerful and reliable AI experiences to users worldwide.
*Google, Android and Quick Share are trademarks of Google LLC.
Hashtag: #OPPO
The issuer is solely responsible for the content of this announcement.
Respondents aged 18-35 record the highest score at 59.8 out of 100, falling to 57.7 among those aged 50-60
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Financial confidence and preparedness are highest among younger adults in Asia and decrease in later life stages, according to new research by Prudential plc (“Prudential”), the leading Asia and Africa insurer. Results show that respondents aged 18-35 score 59.8 out of 100 in financial wellbeing, compared with 58.2 for those between the ages of 36-49 and 57.7 among those aged 50-60.
The findings form the basis for Prudential’s inaugural Financial Wellbeing Index, a regional barometer of how people in Asia are managing their finances today and how ready they feel for tomorrow. Measured from four dimensions – present financial security, future financial security, present financial freedom and future financial freedom – it combines attitudes, behaviours and expectations into a single score to indicate level of wellbeing.
Opportunity to Strengthen Financial Wellbeing
Despite nearly half of all respondents (46 per cent) rating their financial wellbeing as good or above, the index this year records an overall score of 58.9, pointing to a broad-based opportunity to strengthen confidence and preparedness.
While those aged 18-35 express stronger optimism towards their financial future, concerns around job stability and family health remain prominent. In contrast, respondents aged 50-60 are most concerned about their physical health deteriorating and rising costs of necessities such as food, clothing, power and transport, reflecting the financial and health‑related pressures that tend to intensify later in life.
From Coping Today to Confidence Tomorrow
The research also reveals a disconnect between day‑to‑day stability and long‑term financial freedom, defined as the level of preparedness for meeting financial goals. While people feel relatively secure in the present (61.7), their confidence in future financial freedom is significantly lower (55.2), suggesting that many are managing in the short term but do not feel fully equipped to sustain choices and absorb financial shocks over the longer run.
Notably, only one in three respondents (34 per cent) say they do not need to keep earning in their retirement years. Fewer than half (47 per cent) feel secure when thinking about their financial future, while only 45 per cent believe they could handle a major unexpected expense. This gap continues to widen across later life stages, highlighting the importance of early financial preparation, ongoing education and long-term planning in achieving financial freedom and sustained wellbeing.
Market Differences and Challenge in Access
Across the region, Vietnam records the highest overall financial wellbeing score at 65.1, supported by the highest number of respondents (66 per cent) who strongly or slightly agree they have access to financial services and products that enable long-term financial planning. Indonesia (62.0) and Thailand (60.4) follow closely, with respondents in both markets also reporting among the highest levels of financial knowledge, access to services and planning for long‑term success. On the other hand, those in Hong Kong, which scores the lowest for financial wellbeing at 52.5, are the least satisfied with their access.
Overall, access to financial solutions remains limited: only 18 per cent strongly agree they have what they need to achieve financial success – a disparity that amplifies the challenge of building optimal financial wellbeing and can compound over time.
Bridging the Gap
Angel Ng, Regional CEO,Greater China; Group Customer, Wealth and Product, Prudential plc, said: “Longer lifespans across Asia are transforming expectations around financial wellbeing. Customers today are looking beyond financial products – they want confidence, clarity, and a partner who would guide them towards a future that they can genuinely look forward to. At Prudential, we believe financial planning is not just about preparing for later years; it is about enabling wellbeing at every stage of life. We are committed to empowering our customers and communities with the knowledge, advice and protection to help them build resilience early, safeguard what matters through life’s transitions, and enjoy healthy, fulfilling and financially confident longevity.”
Aimed at addressing gaps in financial education and laying the foundation for wellbeing, Cha-Ching, the award-winning financial literacy programme by Prudence Foundation, the community investment arm of Prudential plc, has reached over 4 million students and teachers in classrooms across Asia and Africa. The Cha-Ching curriculum, celebrating its 10th anniversary this year, helps children aged 7-12 build essential financial literacy skills. A new digital-first financial literacy programme for adults is also under development, designed to support participants on their pathway to financial security and freedom.
As individuals and families in Asia continue to navigate their financial futures, Prudential will continue to broaden access to protection through sustainable, inclusive offerings that promote greater resilience and build lasting confidence across life stages.
Find out more about the index in our insight article.
Hashtag: #Prudential
The issuer is solely responsible for the content of this announcement.
Toitū Envirocare has launched a new national campaign built on a clear and commercial premise: Climate Action = Smart Business.
Aimed squarely at CEOs, directors and senior decision-makers, the campaign makes a direct case to New Zealand organisations that credible climate action is a driver of resilience, efficiency, market access and long-term value.
With more than 900 certified clients across Aotearoa New Zealand and internationally, Toitū is using the campaign to showcase organisations that have embedded emissions measurement and reduction into core strategy and are seeing measurable business outcomes as a result.
Featured organisations in the campaign include:
WM New Zealand: “Our partnership with Toitū Envirocare has helped us translate sustainability commitments into measurable business outcomes. Being featured in this campaign celebrates that journey,” says Sustainability and Communications Manager, Andrea Svendsen
Toyota New Zealand: “Sustainability is central to how we operate and innovate. As a valued partner of ours, Toitū Envirocare helps us verify our emission reduction targets to ensure we stay on track to creating a more sustainable future for New Zealand,” says Susanne Hardy, Assistant Vice President Marketing, Sustainability and Technology.
Silver Fern Farms: “We intentionally chose to position climate innovation as a core pillar of our Sustainability Action Plan, and this investment is paying off – delivering what our customers need and unlocking real operational efficiencies. Our partnership with Toitū Envirocare since 2018 has been fundamental in building the transparency, trust and rigour to turn ambition into action, and we are proud to share that in this new campaign.” says Chief Sustainability and Risk Officer, Kate Beddoe.
Each represents a different sector of the economy, but the same underlying principle: disciplined climate action strengthens commercial performance.
“Climate leadership is no longer optional for businesses that want to compete in domestic and export markets,” said Aisha Daji Punga, CEO of Toitū Envirocare. “Our clients are demonstrating that when emissions management is embedded properly, it drives operational discipline, risk reduction and stronger stakeholder confidence. That’s smart business.”
The campaign positions Toitū not as a marketing badge, but as a strategic partner helping organisations:
Measure and verify emissions with credibility
Set science-aligned reduction targets
Strengthen procurement and supply chain positioning
Meet growing investor, regulator and customer expectations
Turn climate commitments into measurable business impact.
The multi-city rollout across Auckland, Wellington and Christchurch is supported by digital and targeted media designed to reach senior leaders where strategic decisions are made. However, the primary objective is engagement rather than visibility.
“Our focus is high-quality B2B conversations,” said Marnie Pitcher, General Manager of Marketing and Impact at Toitū. “Boards and executive teams are asking sharper questions about risk, resilience and competitiveness. This campaign answers that directly: credible climate action strengthens your business.”
As regulatory scrutiny, investor expectations and supply chain requirements continue to tighten globally, Toitū’s message is straightforward: organisations that act early and systematically will be better positioned than those that treat climate as a compliance afterthought.
For organisations evaluating their climate strategy in 2026, the question is no longer whether to act but how to act in a way that delivers measurable commercial return.
About Toitū Envirocare
Toitū Envirocare works with more than 900 organisations across New Zealand and internationally to measure, manage and reduce climate and environmental impact through internationally recognised certification programmes. As a government-owned, independent, ISO- and JAS-ANZ-accredited, science-led authority, Toitū provide services that translate climate ambition into measurable impact.
Note:
The Silver Fern Farms element of the campaign will roll out later in March. First up will be Toyota and Waste Management.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 March 2026 – Stareep, a technology company focused on smart sleep solutions, is exhibiting its S3 Pro AI Intelligent Mattress at the Malaysian International Furniture Fair (MIFF). The company’s exhibition space saw high foot traffic and generated a strong initial reception from attendees and industry professionals during the first day of the event.
Stareep at MIFF 2026
The S3 Pro AI Intelligent Mattress represents Stareep’s current integration of artificial intelligence with sleep hardware. Recognized with the 2026 TWICE Picks Award and the 2026 BIG Innovation Award, the mattress functions as a “personal sleep doctor,” engineered to dynamically respond to user sleep states.
Key features of the S3 Pro include:
AdvancedMulti-ModalSensors: In a tropical climate where temperature and humidity fluctuations often cause tossing and turning, advanced sensors accurately capture and measure continuous physiological data and micro-movements with precision.
Precise AIAnalysis andDecision-Making: Algorithmic processing interprets sensor data to determine the necessary physical adjustments for optimal spinal alignment and pressure relief.
ProactiveAdjustment: Moving beyond passive data tracking, the product features 16-zone smart adjustment, actively altering mattress contours and support levels in real time.
“I’m actually a very restless sleeper,” shared a regional furniture distributor attending MIFF 2026. “When I lay on the S3 Pro, every time I shifted position, the mattress subtly adjusted underneath me.”
Allen Cai, Founder of Stareep, explained the vision behind the AI mattress: “Our objective is to redefine the baseline standards for smart sleep. We integrate electric drive systems, AI algorithms, and multi-modal perception to form a closed loop of sleep technology and continuously serve global sleep health with cutting-edge innovation.”
• The new five-storey, 27,400 square metre automotive centre will bolster ComfortDelGro Engineering’s (CDGE) EV capabilities to meet the demands of an increasingly electrified vehicle population, aligning with the nation’s push toward electrification.
• With increased operational capacity and enhanced EV capabilities, CDGE will be better equipped to handle EV services, from EV maintenance and charging to high-voltage battery and system diagnosis and repair.
• Through the CDGE Academy, now also operating at the centre, CDGE is actively upskilling its technicians to become the next generation of EV specialists.
SINGAPORE – Media OutReach Newswire – 5 March 2026 – ComfortDelGro Corporation Limited (SGX:C52) (“ComfortDelGro”, “the Group”) today announced the official opening of one of Singapore’s largest integrated automotive engineering centres at 320 Ubi Road 3. Operated by its wholly owned subsidiary, ComfortDelGro Engineering (CDGE), the new
five-storey facility supports CDGE’s full suite of automotive solutions while significantly expanding capacity for electric vehicle (EV) capabilities, from EV maintenance and charging to high-voltage battery and system diagnosis and repair.
Wide shot of ComfortDelGro’s new automotive centre
With 43 percent of new car registrations in Singapore now electric, the automotive centre is strategically positioned to support the evolving needs of electric mobility today and in the years ahead.
The upgraded automotive centre also houses the ComfortDelGro Engineering Academy. The Academy supports broader industry development by providing LTA’s National Electric Vehicle Specialist Safety programmes for technicians interested in the sector, equipping them with future-ready skills to navigate EV
transition in Singapore.
Ang Soo Hock, Chief Executive Officer of ComfortDelGro Engineering, said: “Electric mobility is reshaping the transport landscape, and the new automotive centre enables us to respond with the right tools, skills, and technology under one roof. As we build on our strong engineering DNA with future-ready capabilities, we are well-placed to support the Group and the nation in the journey towards a more sustainable future.”
Spanning over 27,400 square metres, the facility houses over 260 vehicle bays, 58 EV charging points, and battery storage rooms, significantly expanding CDGE’s operational capacity. With EV-ready facilities, the centre strengthens the Group’s readiness to support the evolution of our fleet mix and adapt to changing
technologies.
The automotive centre has commenced operations, with a progressive ramp-up of specialised services scheduled through the second quarter of 2026. Members of the public and fleet partners are welcome to visit the facility starting today.
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Southco has introduced a new heavy-duty rotary latch solution designed with dual triggers. This latest R4-50 Rotary Latches engineered to secure the reliability and robust for the heavy-duty equipment in challenging environments.
R4-50 Dual Actuator Rotary Latch
The new R4-50 Rotary Latch provides the heavy-duty performance that modern machinery demands, to tackles vibrations, safety-risking accidental releases, and complex access delays in rough environments.
Engineered for demanding conditions, the R4-50 delivers:
Independent interior and exterior actuation – making it easier and safer to enter and exit equipment cabs.
A pre-loaded interior hand lever – purpose-built for high-impact environments, reducing noise and vibration while ensuring smoother, more reliable operation.
Accidental actuation prevention – minimizing unintended movement to keep operators secure and equipment protected.
Flexible release options – including remote actuator connection via cable or rod, or direct push release, to meet different cab design needs.
Southco’s R4 Rotary Latch series is highly durable, and is available in a variety of configurations that meet customer needs with little to no modification, including compact mechanical and electromechanical designs made of durable materials suitable for any environment. R4-50 Rotary Latches with Dual Triggers are compliant with FMVSS 206 impact standards, IP65 dust and water intrusion standards, EN 45545-3 fire protection standards, as well as applicable vibration standards.
As a heavy-duty upgrade to Southco’s trusted R4 Rotary Latch line, the R4-50 with Dual Triggers combines operator safety, rugged durability, and simplified access in one cost-effective system. The latch is also compatible with Southco AC actuators, offering OEMs a low-investment, high-value option for enhancing their cab entry solutions. Global Product Manager Cynthia Bart adds, “The new R4-50 Rotary Latch with Dual Triggers offers a complete, highly versatile cab door entry system for use in heavy-duty construction and agricultural vehicles. The latches are compatible with Southco AC Actuators, allowing designers to quickly and affordably upgrade their existing designs.”
For more information about the functionality of R4-50 Rotary Latches, please visit southco.com or email the 24/7 customer service department at info@southco.com
Hashtag: #Southco
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 5 March 2026 – Know Your Customer Limited (“Know Your Customer”), a recognised expert in automated business verification solutions today announced its collaboration with DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) to support its pioneering digital banking transformation, by address the rising need for automated, efficient onboarding and the often manual, cumbersome SME processes. This collaboration marks a big leap in SME onboarding automation by transforming DBS Hong Kong’s digital onboarding through simplifying and automating critical business KYC procedures.
DBS Hong Kong collaborates with Know Your Customer Limited to further improve digital account opening for SMEs
Leveraging Know Your Customer’s cutting-edge digital compliance platform, DBS Hong Kong will gain real-time access to comprehensive business verification data — including instant retrieval of official company documents and automatic identification of complex ultimate beneficial ownership (UBO) networks across more than 140 jurisdictions.
This AI-powered automation addresses the traditionally manual and cumbersome SME onboarding processes by streamlining the end-to-end business KYC process, efficiently verifying corporate structures and ownership, reducing manual effort and accelerating onboarding timelines. The result is significantly enhanced operational efficiency and a faster, more seamless onboarding experience for DBS Hong Kong’s business customers.
[Lareina Wang, Head of SME Banking, DBS Bank Hong Kong] said,
” At DBS Hong Kong, we are dedicated to reimagining the customer onboarding experience through continuous digital innovation. By engaging Know Your Customer, we leverage advanced technology to streamline CDD workflows, delivering faster service to our customers. This collaboration also represents a major advancement in automating SME onboarding processes that have historically been complicated and manual, solidifying SME banking position of DBS in the market of Hong Kong. “
Claus Christensen, CEO and Co-Founder of Know Your Customer, added,
“Our service provided to DBS Hong Kong exemplifies how financial technology can simplify complex onboarding challenges. With our global data coverage and AI-powered automation, we empower DBS Hong Kong to accelerate KYC processes and provide business customers with an unrivalled onboarding journey. Together, we are shaping the future of digital banking.”
In recognition of its visionary digital strategy, DBS Hong Kong was named Asia’s Best Digital Bank in 2025 by Euromoney. The bank also continues to lead digital innovation, evidenced by over 70% of Hong Kong SMEs already integrating or exploring AI and digital technologies as part of their operations, according to its recent SME survey.
This transformative collaboration underscores DBS Hong Kong’s unwavering commitment to innovation and delivering safe and trusted digital onboarding solutions in Asia’s rapidly evolving financial landscape.
Hashtag: #KnowYourCustomer
The issuer is solely responsible for the content of this announcement.
The awards, which debuted in 2025, have quickly become one of the industry’s most‑watched benchmarks for innovation and meaningful impact.
Building on that momentum, the 2026 program expands its global reach and deepens its commitment to spotlighting organizations that are transforming industries and driving the next wave of financial innovation. Judging is conducted through a rigorous, merit‑based process led by a diverse panel of leaders from fintech, banking, payments, venture capital, and technology. The global award ceremony will take place at Money20/20 USA in Las Vegas on Sunday, October 18.
“The Money Awards were built with one clear goal: to set a global standard for what excellence in fintech actually looks like,” saidGrania Chesterton, VP of Awards at Money20/20. “What makes them different is who decides. Our Jury Presidents and Global Jury are the operators, founders and innovators building this industry in real time. To be recognised by them isn’t just a win, it signals to the market, your peers and the world that your work truly matters.”
This year’s program centers on five main award categories that reflect the priorities shaping the future of financial services.
Each category is led by a distinguished Jury President representing global expertise across financial services and technology. An independent Global Jury will join them and evaluate submissions through a transparent, multi‑stage process, including online assessments and in‑person deliberations at Money20/20 USA in October 2026.This year’s Jury Presidents include:
Diamond Award Category: Leading the program’s most prestigious category, Mary Ellen Iskenderian, President & CEO, Women’s World Banking, brings decades of global influence in financial inclusion to her role as Jury President for the Diamond Award category.
“The Money Awards 2026 come at a time of rapid industry transformation, where innovation must be both bold and inclusive. The Diamond category sets the highest standard, recognizing work that not just advances financial services but also revolutionizes what is possible. I am honored to lead this year’s Jury and to celebrate organizations that are elevating global standards for outstanding achievement and meaningful progress.” said Mary Ellen Iskenderian, President & CEO, Women’s World Banking.
Startup (Early Stage & Growth Stage): Overseeing the Startup category, Osama Bedier, Investment Partner, NYCA Partners, draws on his deep experience as a founder, operator, and investor to champion the next generation of fintech innovators.
“Every decade or so, a technology shift reshapes how money moves — from the web, to mobile and now to AI. The most important breakthroughs rarely start inside large institutions; they begin with founders willing to rethink first principles. The Money Awards 2026 shine a spotlight on those founders and teams pushing our industry into its next era. Leading the Early & Growth Stage jury gives me the chance to champion the bold ideas, the hard‑won progress, and the extraordinary execution that will determine the future of money. It’s a privilege to recognize the people who are not just imagining what comes next, but actively creating it” saidOsama Bedier, Investment Partner, NYCA Partners.
Banking: Shruti Patel, EVP, Business Banking; Chief Product Officer, U.S. Bank, leads the Banking category and draws on her experience building products and leading U.S. Bank’s business banking solutions portfolio.
“Banking is evolving rapidly, and it is essential to develop solutions that build trust, boost resilience, and deliver real value to customers. I am honored to chair the Banking jury for 2026 and look forward to recognizing innovators who demonstrate what purposeful and ambitious modern banking can achieve. The Money20/20 Money Awards celebrate the visionaries reshaping financial services—from digital pioneers to those expanding access and opportunity to help drive economicgrowth. We’ll be recognizing institutions that prove modern banking can be both technologically sophisticated and deeply human-centered.” Said Shruti Patel, EVP, Business Banking; Chief Product Officer, U.S. Bank
Payments: As Jury President for the Payments category, Dave Excell, Founder, Featurespace, a Visa Solution, leverages his pioneering work in fraud and risk technology to spotlight breakthroughs shaping global money movement.
“The payments ecosystem stands at a pivotal moment where innovation, security, and customer experience must converge to create truly holistic solutions. As technology reshapes how we transact, the need for adaptive, real-time fraud detection has never been greater. I’m excited to serve as Jury President for the Payments category at the Money Awards, where we’ll celebrate the pioneers driving this evolution. We’ll be recognizing companies that understand what drives the best payment experiences to make them accessible to all.” saidDave Excell, Founder, Featurespace, a Visa Solution
Partnerships & Strategic Alliance: Leading the Partnerships & Strategic Alliance category, Garry Sien, Chief Innovation & Solutions Officer, International, Ant Digital Technologies, brings a global innovation lens shaped by his work driving Ant Digital Technologies’ international strategy.
“The Money Awards 2026 highlight just how much collaboration fuels progress across the global financial ecosystem. Partnerships and strategic alliances are where vision turns into real‑world impact, bringing together diverse strengths, shared ambition, and the willingness to build something superior to what any one organisation could achieve alone. I am proud to lead this year’s Jury as we recognize the cross‑industry collaborations that are creating new value, accelerating AI innovation, and moving financial services forward worldwide.” said Garry Sien, Chief Innovation & Solutions Officer, International, Ant Digital Technologies.
The program will conclude with the announcement of the 2026 Money Awards Trophy winners at Money20/20 USA. Additional recognition moments at Money20/20 Europe and Money20/20 Asia will provide global visibility for honorees. Winners will receive a bespoke trophy and year‑round exposure across Money20/20’s platforms, including exclusive speaking opportunities, media coverage, investor visibility, and access to global networking at all Money20/20 events.
Applications for entries are now open. For details on categories, judging criteria, and entry instructions, visit www.money2020.com/awards.
The issuer is solely responsible for the content of this announcement.
Two new appointments have been made to the nominating committee for the Guardians of New Zealand Superannuation, alongside two reappointments, Finance Minister Nicola Willis says.
Experienced corporate leaders Tim Mitchell and Juliet Tainui-Hernandez have been appointed.
Committee Chair Michelle Tsui, and committee member Mark Butcher have been reappointed to their roles from August 1 this year.
The committee identifies and recommends highly qualified candidates for the Guardians of New Zealand Superannuation Board which oversees the NZ Super Fund and the Elevate NZ Venture Capital Fund.
“Tim Mitchell brings strategic oversight, recruitment expertise, and a strong understanding of the NZ Super Fund’s governance framework, alongside global investment community connections to identify effective governance candidates,” Nicola Willis says.
“Juliet Tainui-Hernandez is an internationally connected executive leader with 25 years’ experience in legal and financial services. She has governance, risk management, sustainability, and human capability expertise.”
Mr Mitchell’s and Mrs Tainui-Hernandez’s terms began on 1 March this year.
Ms Tsui has been on the committee since 2018 and Chair since August last year.
Mr Butcher has served on the committee since May 2018.
Thursday, 5 March 2026 – The Interim Financial Statements of the Government of New Zealand for the seven months ended 31 January 2026 were released by the Treasury today. The January results are reported against forecasts based on the Half Year Economic and Fiscal Update 2025 (HYEFU 2025), published on 16 December 2025, and the results for the same period for the previous year.
The key fiscal indicators for the seven months ended 31 January 2026 were overall favourable compared to the forecast. The Government’s main operating indicator, the operating balance before gains and losses excluding ACC (OBEGALx), showed a deficit of $6.0 billion. This deficit was $1.9 billion smaller than forecast. Net core Crown debt was lower than forecast by $1.1 billion at $184.3 billion, or 41.9% of GDP.
Core Crown tax revenue was $70.4 billion, broadly in line with forecast (0.1% below), with small offsetting variances across the major tax types.
Core Crown revenue was $77.3 billion, around $0.4 billion (0.6%) below forecast. Revenue from the NZ Emissions Trading Scheme was lower than expected due to the decline in the NZU price since the forecasts were prepared.
Core Crown expenses, at $83.1 billion, were $1.2 billion (1.5%) below forecast, reflecting lower spending across a range of functional classifications.
The OBEGALx deficit was $1.9 billion less than the forecast deficit. This reflects the core Crown variances mentioned above coupled with favourable results from Crown entities and State-Owned Enterprises.
The operating balance was a surplus of $4.0 billion, $4.5 billion stronger than forecast. The variance reflected a favourable OBEGAL result of $1.8 billion and stronger‑than‑forecast net gains on non‑financial instruments ($2.8 billion), partly offset by weaker-than-expected net gains on financial instruments ($0.3 billion).
The core Crown residual cash deficit of $1.9 billion was $0.8 billion smaller than forecast, reflecting lower operating outflows and higher capital cash inflows.
Net core Crown debt at $184.3 billion (41.9% of GDP) was $1.1 billion lower than forecast. This variance was largely driven by the smaller‑than‑forecast core Crown residual cash deficit mentioned above.
Gross debt at $220.6 billion (50.2% of GDP) was $3.6 billion lower than forecast. This reflected lower‑than‑forecast issuances of Euro Commercial Paper and Treasury bills of $1.8 billion and $1.5 billion, respectively.
Net worth attributable to the Crown at $183.5 billion (41.7% of GDP) was $4.6 billion higher than forecast. This favourable variance largely reflects the stronger operating balance result of $4.5 billion, discussed previously.
Year to date
Full Year
January 2026 Actual1 $m
January 2026 HYEFU 2025 Forecast1 $m
Variance2 HYEFU 2025 $m
Variance HYEFU 2025 %
June 2026 HYEFU 2025 Forecast3 $m
Core Crown tax revenue
70,392
70,452
(60)
(0.1)
124,198
Core Crown revenue
77,250
77,683
(433)
(0.6)
136,919
Core Crown expenses
83,084
84,329
1,245
1.5
149,047
Core Crown residual cash
(1,923)
(2,753)
830
30.1
(14,802)
Net core Crown debt4
184,335
185,418
1,083
0.6
196,987
as a percentage of GDP
41.9%
42.2%
43.3%
Gross debt
220,577
224,211
3,634
1.6
227,225
as a percentage of GDP
50.2%
51.0%
50.0%
OBEGAL excluding ACC (OBEGALx)
(6,002)
(7,883)
1,881
23.9
(13,852)
OBEGAL
(6,458)
(8,236)
1,778
21.6
(16,934)
Operating balance (excluding minority interests)
4,022
(504)
4,526
–
(6,547)
Net worth attributable to the Crown
183,485
178,844
4,641
2.6
172,693
as a percentage of GDP
41.7%
40.7%
38.0%
Using the most recently published GDP (for the year ended 30 September 2025) of $439,709 million (Source: Stats NZ). Favourable variances against forecast have a positive sign and unfavourable variances against forecast have a negative sign. Using HYEFU 2025 forecast GDP for the year ending 30 June 2026 of $454,497 million (Source: The Treasury). Net core Crown debt excludes the NZS Fund and core Crown advances. Net core Crown debt may fluctuate during the year largely reflecting the timing of tax receipts.