PM Edition: Here are the top 10 business articles on LiveNews.co.nz for June 18, 2026 – Full Text
1. SIM: Developing Entrepreneurial Talent Through Higher Education for Future-Ready Business Leader
June 17, 2026
Source: Media Outreach
SINGAPORE – Media OutReach Newswire – 17 June 2026 – As entrepreneurship continues to play an increasingly important role in economic growth and innovation, students considering entrepreneurial careers face important decisions about their educational pathways. Beyond acquiring academic qualifications, aspiring entrepreneurs require a combination of business knowledge, analytical capabilities, leadership skills and adaptability to navigate evolving market conditions.
Higher education institutions play a key role in supporting this development by providing students with opportunities to build both foundational knowledge and specialised expertise. Through collaborations with international university partners, SIM Global Education (SIM GE) offers a range of academic pathways across business, management, analytics, marketing and related disciplines that can support students with entrepreneurial aspirations.
Understanding the Educational Choices Available
The growing variety of higher education options presents both opportunities and challenges for students. While many may have an interest in entrepreneurship or business, determining the most suitable academic pathway is often less straightforward.
Entrepreneurship today extends beyond the traditional concept of starting a business. It can encompass leading innovation within established organisations, developing new products and services, scaling family-owned enterprises, creating social ventures, or participating in emerging start-up ecosystems. As a result, students are increasingly seeking educational pathways that align with their individual interests, strengths and long-term goals.
A well-informed educational choice can help students develop the competencies most relevant to their intended career direction, whether that involves business leadership, digital innovation, market expansion or social impact.
Building a Foundation Through Business Education
A business-related degree can provide aspiring entrepreneurs with a broad understanding of how organisations operate. Entrepreneurs need to understand markets, customers, finance, operations, competition and strategy. They also need to make decisions with limited resources and adapt quickly when business conditions change.
At SIM GE, business-related programmes allow students to explore fields such as analytics, strategy, marketing and management. These areas are relevant to students who want to develop a practical understanding of how businesses are built, managed and grown.
For students who are still exploring their future direction, a business pathway can provide flexibility. It can prepare them for employment, support future postgraduate or professional learning, and build a foundation that may later be applied to entrepreneurial ventures.
Management programmes for future leaders and founders
Entrepreneurship is often associated with ideas, innovation and opportunity. However, successful ventures also depend on effective management. Founders must lead people, manage resources, build processes, work with partners and make decisions that affect the long-term sustainability of the business.
Management-focused programmes are therefore especially relevant for students who want to understand how organisations are led and how teams work together. Such programmes can help learners develop perspectives on leadership, planning, decision-making and organisational effectiveness.
For future entrepreneurs, management knowledge is important because a strong idea must eventually be supported by the ability to execute. Whether students later start their own businesses or lead innovation within existing organisations, management capabilities can help them turn ambition into action.
The Growing Importance of Data and Analytics
As organisations become increasingly data-driven, analytical capabilities have become a valuable component of entrepreneurial decision-making. Entrepreneurs are expected to evaluate market opportunities, understand customer behaviour and assess business performance using data and technology.
Analytics-related programmes can help students develop these capabilities, enabling them to make more informed decisions and respond effectively to changing business conditions. Such skills are particularly relevant for those interested in digital business, e-commerce, technology ventures and business intelligence.
Marketing and international business for market-ready ventures
A strong business idea also needs a clear target market and a business strategy to back it up . Students who are interested in brand-building, customer engagement, communications or market expansion may benefit from marketing and international business-related pathways.
Marketing-focused learning can help students understand consumer behaviour, positioning, customer experience and value creation. International business exposure can help students think beyond a single market, especially in a region such as Southeast Asia where businesses often need to understand cross-border opportunities.
For future entrepreneurs, these perspectives can support the development of ventures that are customer-focused, market-aware and better prepared for regional or global growth.
Entrepreneurship and Social Impact
Entrepreneurship is increasingly being viewed through a broader lens that includes social and environmental outcomes. Alongside commercial objectives, many entrepreneurs are seeking to address societal challenges and contribute to sustainable development.
Initiatives such as the Dr Richard K M Eu – SIM Social Entrepreneurship Centre reflect the growing interest in social innovation and impact-driven enterprise. Exposure to these concepts can help students explore how entrepreneurial thinking can be applied to create sustainable solutions for communities and society.
Preparing for the Future
While there is no single educational pathway that guarantees entrepreneurial success, the most appropriate route depends on an individual’s interests, strengths and aspirations. However, regardless of specialisation, future entrepreneurs will require a combination of technical knowledge, critical thinking, adaptability, leadership and communication skills.
As Singapore continues to strengthen its position as a hub for enterprise, innovation and regional business activity, education remains an important foundation for entrepreneurial development. By providing access to diverse academic pathways and internationally recognised programmes, institutions such as SIM GE support students in making informed decisions and developing the capabilities needed to navigate an increasingly complex and dynamic business environment.
For many aspiring entrepreneurs, the journey begins not with the launch of a venture, but with the educational choices that help shape future opportunities.
References
- SIM GE University Partners – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
- SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/overview
- SIM GE Business Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business
- SIM GE Management Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/management
- SIM GE Business Analytics Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/business-analytics
- SIM Social Entrepreneurship Centre – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/ressec
- The Future of Job 2025 Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/digest/
- SkillsFuture Critical Core Skills – https://jobsandskills.skillsfuture.gov.sg/frameworks/critical-core-skills
- Singapore Ranks 4th Global Startup Ecosystem – https://www.enterprisesg.gov.sg/-/media/esg/files/media-centre/media-releases/2025/may/mr02125_singapore_ranks_as_4th_best_global_startup_ecosystem.pdf
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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2. Driving visitor growth and business events
June 18, 2026
Source: New Zealand Government
The Government will build on tourism growth by targeting more marketing in Australia, the United States and China, alongside attracting more business events to New Zealand.
Tourism and Hospitality Minister Louise Upston says investing in these markets will bring more visitors and drive economic growth.
“The Government is focused on growing the economy so Kiwis can get ahead, and as our second largest export, tourism is a crucial part of that,” Louise Upston says.
“We set ambitious goals: return international visitor numbers to at least pre-pandemic (2019) levels by 2026, and double the value of 2023 tourism exports in ten years.
“We’re making strong progress. Stats NZ data in June showed international visitors were up about 8 per cent on last year – we’re now at 94 per cent of pre-pandemic levels. MBIE data also shows that, from March 2024 to March 2026, overseas visitor spend increased by $2.5 billion to $13.7 billion.
“This shows our investment through Tourism New Zealand is paying off for Kiwis.
“But today we’re putting the pedal to the metal — building on that momentum to drive growth, jobs and incomes.”
The Government will make a one-off $4 million investment to boost Tourism New Zealand’s marketing in Australia, the United States and China.
“It makes sense to back the sector’s strong growth and encourage more people to choose New Zealand for their next holiday.”
An additional one-off $1 million will support attracting more business events.
“Business events are a high-value part of our visitor mix, bringing people who spend more, travel outside peak seasons, and help build skills and connections across our economy,” Louise Upston says.
“Multi-day conferences supported $925 million in economic activity in 2025 and generated more than 735,000 international visitor nights. This funding will help maintain a strong pipeline of international conferences.
“While the recent fuel crisis may affect travel plans, we’re working closely with the sector to ensure New Zealand remains an attractive destination.
“These investments will help attract more visitors sooner and deliver real benefits for communities across New Zealand.
“I’ll have more to say soon about investments to meet growing demand.”
Notes to Editor
- Funding comes from the International Visitor (Conservation and Tourism) Levy and is one-off funding for the 2026/27 financial year.
- The $4 million will expand Tourism New Zealand’s existing international marketing activity in those key markets, rather than new campaigns.
- The $1 million will go towards Tourism New Zealand’s Conference Assistance Programme: Tourism New Zealand’s Conference Assistance Programme | Business Events
Original source: https://nz.mil-osi.com/2026/06/18/driving-visitor-growth-and-business-events/
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3. Alibaba Cloud Expands European Footprint with Two Availability Zones in France
June 17, 2026
Source: Media Outreach
A suite of Agentic AI services set to launch for European customers later this year
The France region delivers a comprehensive suite of enterprise-grade cloud computing services, spanning elastic computing, storage, containerization, networking, security, databases, and advanced developer tools. Built with strict data privacy and sovereignty in mind, the infrastructure adheres to rigorous European regulatory frameworks and standards, including data privacy, cybersecurity, resilience, and sovereignty.
Now fully operational, the France region equips European businesses with high availability, operational resilience, and robust disaster recovery capabilities. This launch expands Alibaba Cloud‘s global network to 105 availability zones across 32 regions, reinforcing its commitment to providing a secure, scalable, and sustainable foundation for global digital innovation.
To meet the growing demand for enterprise agents, Alibaba Cloud plans to launch a suite of agentic AI services in European markets in the second half of this year. The lineup includes AgentRun, a one-stop development platform for AI agents; STAROps, a comprehensive intelligent operations platform; ACS Agent Sandbox, which provides hardware-level security isolation while reducing operational costs of AI agents; Agent Security Center, which ensures agent build-time integrity and supply chain transparency; AI Security Guardrails 2.0, designed for safe model interactions, local compliance, and runtime risk interception; and Agentic SOC, a solution enabling automated threat response and closed-loop auditing. These products are designed to streamline the development and operation of enterprise-scale agents within a secure environment, offering full lifecycle management from development and debugging to deployment, real-world operations, and end-to-end security protection.
“The expansion of our cloud infrastructure into France reinforces our ongoing commitment to empowering European businesses with sovereign, secure, and intelligent solutions,” said Dr. Feifei Li, Chief Technology Officer and President of International Business of Alibaba Cloud. “This expansion, alongside the introduction of our agentic AI services to Europe, aligns with our broader strategy to bring our full-stack AI+Cloud ecosystem to global customers as we enter the agentic era.”
Alibaba Cloud has served European markets since 2016, supporting prominent multinationals in expanding globally while helping local businesses stay competitive. For example, SAP collaborates with Alibaba to jointly accelerate enterprise innovation and digital transformation, with an initial focus on the China market and a rollout planned for Southeast Asia, the Middle East and Africa. Additionally, Alibaba Cloud has been working with local technology partners to deliver tailored cloud and digital solutions across Europe.
During the Olympic Games Paris 2024, Alibaba Cloud served as the Worldwide Olympic Partner and Official Cloud Service Provider, driving the digital transformation of the Games through its cloud and AI innovation. Notably, in partnership with Olympic Broadcasting Services (OBS), Alibaba Cloud launched OBS Cloud 3.0. The initiative made the work of OBS and Media Rights-Holders (MRHs) easier and more efficient, and delivering of live signals over OBS Live Cloud became the main method of remote distribution to broadcasters for the first time in the history of the Olympic Games.
In May 2026, Alibaba announced a multi-year partnership with the Union of European Football Associations (UEFA) and UC3, the joint venture between UEFA and European Football Clubs (EFC) that controls and manages the strategic marketing, sales, and delivery of commercial rights for UEFA club competitions. The partnership, starting immediately with UEFA and in 2027 with UC3, will see the deployment of Alibaba’s advanced AI capabilities to support fan engagement and media and content management via its Qwen Large Language Model (LLM). Together with its cloud computing infrastructure and global e-commerce platform, Alibaba will power an immersive fan and content experience worldwide across UEFA’s flagship men’s competitions.
Alibaba Cloud’s expanded presence in Europe underscores its unwavering commitment to driving digital innovation in the region. By providing local businesses with leading AI+Cloud solutions to efficiently build, deploy, and manage AI agents, Alibaba Cloud aims to accelerate their transition from traditional automation to agent-led intelligent operations. At its recent international Qwen Conference, the company unveiled major updates across its foundation models, AI infrastructure, cloud-native tools, and enterprise agent products, helping global enterprises rapidly deploy practical AI agents into day-to-day business environments.
Hashtag: #AlibabaCloud
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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4. SeABank completes charter capital increase to VND 34,288 billion
June 17, 2026
Source: Media Outreach
HANOI, VIETNAM – Media OutReach Newswire – 17 June 2026 – With approval from the State Bank of Vietnam, Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) has officially completed its charter capital increase to VND 34,288 billion. The additional capital is expected to strengthen the Bank’s market competitiveness, improve its safety ratios, and expand its growth capacity.
On June 12, 2026, the State Bank of Vietnam issued Decision No. 1269/QD-NHNN regarding the amendment of charter capital information in SeABank’s Establishment and Operation License.
Accordingly, SeABank’s charter capital has increased from VND 28,450 billion to VND 34,288 billion, up VND 5,838 billion. The capital increase was carried out through the issuance of 583.8 million shares to existing shareholders at a ratio of 20.5202%, funded by accumulated undistributed after-tax profits as at December 31, 2025, according to SeABank’s audited separate financial statements for 2025.
The capital increase is part of the roadmap approved by SeABank’s 2026 Annual General Meeting of Shareholders (AGM). In the next phase, SeABank plans to further increase its charter capital through the issuance of up to 40 million ESOP shares at a price of no less than VND 10,000 per share, reserved for management personnel meeting defined criteria in terms of work performance, professional competence, and commitment to the Bank.
In the context of increasingly stringent requirements for capital adequacy and digital transformation, the additional capital is expected to help SeABank improve safety ratios, expand business scale, and increase investment in technology infrastructure, laying a stronger foundation for the Bank’s growth in the period ahead.
With a strengthened financial foundation following the capital increase, SeABank will continue to focus on expanding its retail banking business, accelerating digital transformation, and improving the quality of products and services to better meet customer needs, while delivering sustainable value for shareholders and stakeholders.
Hashtag: #SeABank
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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5. From Ancient Delicacy to Global Trend: The Industrial Upgrade and Global Journey of Ningxia Goji Berries
June 16, 2026
Source: Media Outreach
ZHONGWEI, CHINA – Media OutReach Newswire – 16 June 2026 – Lush plantations glitter across the sun-drenched Yellow River alluvial plain at an elevation of 1,100 meters on the eastern flank of the Helan Mountains. This is Zhongning County in the Ningxia Hui Autonomous Region, located in northwestern China. As the opening ceremony of the 9th Goji Berry Industry Expo officially kicks off on June 14th here, farmers are busy harvesting the first goji berries of 2026.
Ningxia Goji Berries
While goji berries are widely cultivated across China, Ningxia goji berries stand out for their exceptional quality and have become the region’s most iconic specialty. As the core producing area of authentic Ningxia goji berries, also known as wolfberries, Zhongning enjoys over 3,000 hours of annual sunlight. The weakly alkaline soil, formed by the convergence of the Yellow River and Qingshui River, is rich in essential minerals and trace elements. These unique natural conditions have given birth to this distinctive “Magic Fruit.”
“Every single goji berry is hand-picked,” said Pan Tai’an, chairman of Ningxia Wolfberry Goji Industry Co., Ltd., a leading regional goji producer. “The goji trees blossom and bear fruit simultaneously, which means all berries must be harvested manually.”
“Thanks to Ningxia’s cool climate, pests and diseases are rare here. Still, we never use chemical fertilizers or pesticides. We only apply organic compost to guarantee the pure, natural quality of our goji berries,” he added.
From a Local Specialty to a Health and Lifestyle Trend
In China, Ningxia goji berries have been treasured as a medicinal and edible delicacy. It is the only goji variety officially listed for medicinal use in the Pharmacopoeia of the People’s Republic of China. The ancient Chinese medical masterpiece, the Shennong Ben Cao Jing (Classic of Materia Medica), documents their anti-aging properties. This profound cultural heritage has laid a solid foundation for Ningxia goji berries to enter international markets.
Today, this ancient red berry has gained unprecedented global popularity. Boasting powerful anti-aging benefits, high vitamin C content, and abundant antioxidants, Ningxia goji berries have become a trending “superfood” on international social media. Overseas consumers are willing to pay a premium for authentic Ningxia products, freeing the berry from its former identity as a niche, rustic specialty.
“Western researchers have long been studying the health benefits of goji berries, including immune enhancement, anti-tumor effects, and anti-aging properties. They call it a ‘superfood’ and extract its active ingredients for use in health supplements and cosmetics,” Pan Tai’an explains. “This inspired me to focus on deep processing, because that’s where the real value lies.”
For decades, the industry was held back by two major bottlenecks: the extreme perishability of fresh berries and underdeveloped deep-processing technology. To address these issues, the company invested six years in intensive R&D and successfully developed ambient-temperature preservation technology for goji puree. This pioneering breakthrough fills a technical gap and sets world-leading standards for the global goji industry.
To retain precious nutrients, fresh goji berries go through cleaning, pulping, sterilization and canning within two hours after harvest. This rigorous workflow best preserves key nutrients including goji polysaccharides, betaine and zeaxanthin to the greatest extent possible.
Powered by this core innovation, the company has produced over 100,000 tons of goji puree, with total sales exceeding 2 billion yuan (about 293 million U.S. dollars). More importantly, the technology has driven the construction of 50 high-standard production lines across Ningxia, marking a decisive shift – transforming the regional industry from raw material sales to high-value product manufacturing.
According to the latest data provided by the Goji Industry Development Center of the Ningxia Forestry and Grassland Administration, Ningxia’s goji marketing network covers more than 50 countries and regions spanning Southeast Asia, Europe, and the Americas. In 2025, Ningxia’s fresh goji berry output reached 200,000 tons, with the full industrial chain output value exceeding 21.3 billion yuan.
From Product Upgrade to a Global Cultural Brand
While technology-driven companies like Ningxia Wolfberry are deepening their presence in international supply chains, emerging players in the goji industry are reshaping the consumer perception of goji berries as “just a traditional medicinal herb.” As a leader in e-commerce, Ningxia Qilixiang Goji Co., Ltd. is dedicated to promoting this traditional tonic to the younger generation. Founded in 2009 by three university students with a startup fund of just 700 yuan from their living allowances, the company has now grown into a top-tier brand with annual sales exceeding 1 billion yuan.
To transform traditional wellness into a trendy lifestyle, Qilixiang has developed a variety of blended purees – such as goji-ginseng, red date-goji, and mulberry-goji – all paired with eye-catching packaging. Operating about 200 online stores, the company has consistently ranked first in e-commerce sales for goji products.
These Innovative, high-value-added products derived from goji berries – including goji puree, goji seed oil, and goji juice – are now enjoying immense global demand. Once viewed as a mysterious Chinese herbal remedy, Ningxia goji berries have now become part of daily life for middle-class families from New York to London, a favorite among Hollywood celebrities, and a common ingredient in premium restaurants worldwide.
The international reputation is built on rigorous quality control. To meet the highest global food safety standards for organic products, Ningxia goji companies adhere to the world’s most stringent regulations. For instance, Ningxia Wolfberry has held organic certifications from North America, the European Union and Japan for 21 consecutive years, earning a “green pass” to the global market. To date, its products have been exported to 33 countries and regions worldwide.
Today, Ningxia’s goji industry is no longer confined to production and sales; it is gradually embracing a diversified development model. With the establishment of goji art galleries, history museums, and experience centers, the industry is shifting from merely “selling products” to “selling scenery” and “selling culture,” growing into a multi-faceted and integrated economic driver.
The transformation of Ningxia goji berries reflects the progress and the rise of Chinese products and brands. It has evolved from a little-known northwest specialty and low-end raw material exporter into a global health trend and a modern, diversified industry fueled by technology, creativity, and culture. This journey mirrors the broader transformation of China’s traditional agriculture and the innovative drive of its real economy.
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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6. Kidpreneurs Bazaar 2026 returns to help children build confidence, resilience and money sense through experience
June 17, 2026
Source: Media Outreach
A two-day family event at HarbourFront Centre will see 35 children aged 5 to 14 run their own booths, pitch ideas and make real decisions, as parents increasingly look for learning experiences that go beyond academics.
Taking place on 11 and 12 July 2026, from 12pm to 7pm at HarbourFront Centre, the two-day event will bring together 35 young “kidpreneurs”, aged 5 to 14, who will conceptualise products, run their own booths, interact with customers and make decisions on the spot. More than just a bazaar, the event is designed as a practical learning platform where children can experience what it means to take initiative, solve problems and build confidence through doing.
Organised by Singapore Kidpreneurs, BlueTree Education, DollarsAndSense and OtterHalf, with OCBC as official sponsor and HarbourFront Centre as venue sponsor, Kidpreneurs Bazaar reflects a wider shift among Singapore parents toward learning experiences that extend beyond grades and worksheets.
In recent years, conversations around education in Singapore have increasingly focused on helping children become more adaptable, self-aware and resilient. While schools continue to play a central role in academic development, many parents are also seeking out opportunities that allow children to practise decision-making, communication and responsibility in a more hands-on setting.
At Kidpreneurs Bazaar, children do not just learn about entrepreneurship in theory. They go through a real preparation journey: attending three free workshops on business and basic financial literacy, developing a product idea, planning how to present it, setting up a booth, speaking to customers, handling sales and adjusting their approach throughout the event. Through this process, they learn what it means to make judgments, respond to feedback and take ownership of their choices.
This year’s bazaar will feature 30 booths run by 35 participating children, with products and activities ranging from handmade crafts, game booths and caricatures to 3D printed jewellery, assorted plants, personalised keychains and tags. Organisers expect around 5,000 attendees across the two days.
The 2026 edition will also introduce the Kidpreneurs Pitch Tank, where participating kidpreneurs will take part in a friendly competition and present their business ideas to experienced business owners. With six categories in place, the platform is designed to recognise different strengths and give young participants a chance to grow in confidence while receiving real-world encouragement and exposure.
Beyond entrepreneurship, the event also aims to nurture financial literacy and life skills in an accessible and age-appropriate way. By pricing products, speaking to customers and experiencing the realities of selling, children begin to understand the value of money, the effort behind earning it, and the importance of communication, adaptability and resilience.
Organisers also noted that 80 per cent of participants expressed interest in returning, based on survey findings from previous editions, reflecting the event’s growing appeal among families looking for meaningful, experience-based learning.
“Children need real-world spaces where they can try, fail, adapt and discover what they are capable of,” said Jolene Ang, Founder of Singapore Kidpreneurs. “In Singapore, we talk a lot about preparing children for the future, but confidence, judgment and resilience cannot be built through instruction alone. They need to be experienced. Kidpreneurs Bazaar gives children that opportunity in a way that is practical, memorable and deeply empowering.”
In addition to the bazaar and pitch competition, this year’s event will also feature stage programmes by special youths, in collaboration with Singapore Fashion Runway, creating another platform for young people to showcase their talents and sell their products in a supportive public setting.
Members of the public can visit Kidpreneurs Bazaar 2026 on 11 and 12 July 2026, from 12pm to 7pm at HarbourFront Centre. Families can expect a lively, interactive environment featuring young booth owners, product showcases, pitch sessions and stage performances.
Hashtag: #Kidpreneurs
The issuer is solely responsible for the content of this announcement.
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7. The Caravel Group’s 5th Annual ESG Report Outlines Strategic Resilience in Global Shipping
June 17, 2026
Source: Media Outreach
Refreshed five-year Encompass roadmap highlights accelerated fleet decarbonisation and proactive talent integration as key competitive advantages
Guided by the four core pillars of the Encompass strategy—Navigating Responsibly, Evolving Environmental Stewardship, Safeguarding People and Working Together—the 2025 report demonstrates how the Group has successfully translated high-level ESG ambitions into measurable, accountable day-to-day operational practices across ship and shore.
Dr. Harry S. Banga, Founder & Executive Chairman of The Caravel Group, said: “Five years ago, we established Encompass as our guiding compass. This fifth annual report is a testament to how we have built a business trusted to perform responsibly, adapt with discipline and remain relevant in a volatile maritime industry. By formally embedding ESG metrics into performance reviews for all onshore employees and establishing strategic initiatives like our LNG bunkering joint venture, we have ensured that responsibility and performance are no longer separate conversations.“
Key Sustainable Milestones in 2025:
1. Evolving Environmental Stewardship & Accelerated Decarbonisation
- The Group achieved a 42% reduction in managed ship GHG emission intensity from its 2008 baseline, significantly exceeding its established 2030 target of a 30% reduction.
- Currently, 74% of the managed fleet is equipped with advanced Energy Saving Devices (ESDs), including high-performance hull paint, Propeller Boss Cap Fins (PBCFs) and variable speed motors, keeping the Group firmly on track to equip 100% of its fleet by 2030.
- The Caravel Group entered a strategic joint venture with Celsius Shipping to co-own and operate a new fleet of high-specification LNG bunkering vessels, supporting the maritime sector’s wider transition towards cleaner fuels.
2. Navigating Responsibly & Digital Innovation
- The Group continued the active pilot deployment of Captain’s Eye, an AI-powered maritime safety solution using onboard CCTV to detect smoke, leaks and safety hazards in real-time.
- Upgrades to PARIS (integrated fleet management platform) and NOVA (data analytics) provided vessel owners with real-time financial, EU ETS and FuelEU Maritime compliance reporting, bolstering transparency and proactive risk management.
3. Safeguarding People & Safety Excellence
- Port State Control (PSC) detentions across the fleet plummeted from 22 in 2023 to just 5 in 2025, driven by the Group’s increasingly rigorous safety protocols and strengthened reporting discipline.
- The Group recorded an exceptional 91% wellbeing score in its annual employee survey, surpassing its 78% target set for 2028 ahead of schedule.
4. Working Together, Talent & Community Engagement
- Following its landmark acquisition of the International Maritime Institute (IMI) in India, the Group integrated a highly reliable, Group-aligned talent channel, welcoming over 500 job-ready cadets to Fleet Management in 2025.
- The Caravel Group recorded a 92% employee engagement score and a 93% Diversity, Equity and Inclusion (DEI) score.
- In line with its pledge to commit at least 2% of average net profits over the previous three years to social causes, the Group contributed USD 1,529,993 to community partnerships, education initiatives and disaster relief programmes.
Mr. Angad Banga, Group Chief Executive Officer of The Caravel Group, added: “In today’s market, sustainability is no longer a future consideration—it is an active operating condition. Regulatory frameworks like FuelEU Maritime and EU ETS carry real economic consequences, and our clients look to us for the systems, judgment and commercial depth to navigate this landscape. By pairing digital tools with a robust talent pipeline through the IMI, we are building organisational capability before the moment it is needed, creating a lasting competitive advantage.“
To explore the detailed performance data, future targets, and the full version of the Encompass: Responsibility Report 2025, please visit The Caravel Group Website: https://www.caravel-group.com/our-impact/responsibility-reports
Hashtag: #FleetManagementLimited
The issuer is solely responsible for the content of this announcement.
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8. Additional $14.5 million support for rough sleepers
June 17, 2026
Source: New Zealand Government
More support is on the way for people experiencing homelessness, with the Government expanding outreach and support services to six new locations, and extending proven initiatives already underway in Auckland, Hamilton, Wellington and Christchurch, Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka say.
“Homelessness has been a problem in New Zealand for decades. We have a broken housing system that is more severe in challenging economic times,” Mr Bishop says.
“Late last year, Minister Potaka and I announced five short-term actions to support rough sleepers.
“These included funding an additional 300 social homes for the Housing First programme, supporting providers to deliver stronger local responses, making more effective use of transitional housing, strengthening staff guidance on the use of discretion when assessing emergency housing grants, and redirecting benefit funding to better support those in need.
“Those measures, including the additional 300 Housing First social homes, are already making a difference.
“Since September 2025, a total of 674 households who had been sleeping rough have been moved into stable housing, either through the additional 300 places or existing social homes.
“Between November 2025 and January 2026 alone, 177 people entered a new transitional housing pilot programme in Auckland and Hamilton, managed by homelessness support providers and funded by the Government late last year.
“The funding has also enabled housing assistance centres to deliver more than 1,500 support activities such as mental health or addiction support, or assistance to register for a benefit, along with increased outreach services to those sleeping rough.
“Today we are pleased to confirm that the Government will provide an additional $14.54 million over the next year for support services to help people sleeping rough.
“This additional funding will continue funding for existing services in our main centres with a proven track record of helping people experiencing homelessness.
“$2.7 million of this funding is to extend the support to six additional locations: Tauranga, Whakatāne, New Plymouth, Napier, Whanganui and Waimakariri. Support will be tailored to local needs, recognising that different communities face different challenges.
“Local reporting and the homelessness insights report released today show there is unmet need in a number of communities around New Zealand.
“This additional investment allows us to expand immediate support services for those who need a home right now, while longer-term work continues to address the underlying drivers of our housing crisis.”
Mr Potaka says the investment builds on encouraging results already being seen through the Government’s homelessness response.
“We have already seen the difference these services can make when people are connected quickly with accommodation and the support they need.
“The early results from Housing First, transitional housing and outreach services show that locally-led approaches are helping people move into housing and improve their circumstances.
“We know homelessness goes beyond just a house. It can involve challenges with health, employment, addiction, family relationships, or access to services. These initiatives help connect people with the right support at the right time and improve outcomes for individuals and whānau.
“Community organisations and frontline providers play a critical role in supporting vulnerable people. This investment will help strengthen that work and ensure more people can access the services available to them.”
Notes to editor:
Press release from September 2025 about initial support package: Expanding support for rough sleepers | Beehive.govt.nz
Original source: https://nz.mil-osi.com/2026/06/17/additional-14-5-million-support-for-rough-sleepers/
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9. Vinachem Recognized In The 2026 Fortune Southeast Asia 500 Ranking
June 17, 2026
Source: Media Outreach
HANOI, VIETNAM – Media OutReach Newswire – 16 June 2026 – Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, marking a significant milestone in the Group’s development journey and reaffirming its position as one of Vietnam’s leading industrial corporations on the regional economic landscape.
According to Fortune, Vinachem ranked 148 among Southeast Asia’s 500 largest companies in 2026. This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Based on Fortune’s report, Vinachem recorded revenue of USD 2.332 billion and profit of USD 103.8 million in 2025. These results reflect the Group’s solid financial foundation, resilience in responding to market fluctuations, and the effectiveness of its restructuring and productivity improvement efforts across the organization.
Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:”Vinachem’s inclusion in the Fortune Southeast Asia 500 ranking as early as 2026 represents a significant milestone in the Group’s development journey. It is a tangible outcome of our determined efforts to implement the directives set forth by the Politburo in Resolution No. 79-NQ/TW dated January 6, 2026, which aims to have 50 state-owned enterprises ranked among Southeast Asia’s 500 largest companies by 2030.
This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.
The achievement provides further momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam’s chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Politburo Resolution No. 79-NQ/TW.”
The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and sustainable agricultural development.
Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as its key growth drivers. The Group is prioritizing investment in high-value, technology-intensive sectors, including pharmaceutical chemicals, advanced materials, chemicals serving the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam’s chemical industry within regional and global value chains.
Vinachem’s inclusion in the Fortune Southeast Asia 500 reflects not only the Group’s scale and financial strength, but also the progress achieved through its transformation, international integration, and efforts to elevate the standing of Vietnam’s chemical industry. This recognition provides a solid foundation for the Group to continue fulfilling its role as a leading enterprise, contributing to national industrial development and strengthening the presence of Vietnamese enterprises on the regional economic stage.
Hashtag: #Vinachem
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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10. Events – Matariki ki te Manawa returns to Auckland’s city centre this Matariki
June 16, 2026
As Tāmaki Makaurau comes together to celebrate Matariki, Matariki ki te Manawa returns to the city centre with illuminated art, storytelling, augmented reality and live performance inspired by the people, places and cultural narratives of the region.
Auckland Live’s Matariki ki te Manawa programme runs from 15 June to 21 July 2026 as part of Auckland Council Events’ Matariki Festival 2026. Through a series of experiences across streets, public spaces and the waterfront, it brings mana whenua, iwi and te ao Māori stories to life.
Tāmaki Makaurau has long been a gathering place for waka from many different shores. Matariki ki te Manawa draws on the spirit of Tāmaki herenga waka, herenga tangata to bring together the people and cultures of the city in celebration and reflection.
The programme connects various places across the city centre. Award-winning light installation Tūrama on Queen Street returns this year to civic spaces and the waterfront. Together, the five components of the trail remind us of the story of Waihorotiu, the ancient stream that flows beneath the city’s streets. Joined by Taurima in Elliott Street and Reo Haukura in Lorne Street outside the Central Library, the city is in for a fantastic light-filled experience.
Pou Auaha Creative Director Ataahua Papa (Ngāti Korokī Kahukura, Ngāti Mahuta), who has led Matariki events in Tāmaki Makaurau for 10 years, says Matariki ki te Manawa is an opportunity for everyone to experience the city through the stories of te ao Māori.
“The city centre of Tāmaki Makaurau is a vibrant space with so much to share. We have curated inclusive illuminated storytelling experiences grounded in tikanga and mātauranga Māori, to share these stories with all the people and cultures within the city,” says Ataahua Papa.
The programme features a range of art works including light installations, photography, sculptures and light boxes by Graham Tipene, Ataahua Papa, Angus Muir Design, Lissy and Rudi Robinson-Cole, alongside many other talented artists and storytellers.
Auckland Live Director Daniel Clarke says Matariki ki te Manawa creates opportunities for people to connect with the histories, creativity and cultural narratives of Tāmaki Makaurau.
“The programme invites people to see Tāmaki Makaurau through a uniquely Māori lens. Matariki ki te Manawa brings people together in shared public spaces to experience Māori storytelling, celebrate creativity and deepen their connection to the city and one another.”
Matariki ki te Manawa also includes a range of partner events and experiences taking place across central Auckland, including Karangahape Road, the city centre, waterfront and Britomart. Partner organisations include Auckland Libraries, Auckland Art Gallery Toi o Tāmaki, New Zealand Maritime Museum, Auckland Philharmonia, SkyCity, Basement Theatre, Q Theatre, Karangahape Business Association, Commercial Bay and Britomart. Please refer to the programme guide for a full list of partner events, dates and booking information.
Matariki ki te Manawa forms part of the region-wide Matariki Festival 2026, proudly presented by Ngāti Tamaoho in collaboration with Auckland Council Events. This is the third and final year of Ngāti Tamaoho as iwi manaaki of the Matariki Festival.
The wider Matariki Festival programme includes Ngā Reo o te Rangi: Voices of the Stars at Auckland Town Hall, the national Hautapu ceremony at Takaparawhau, hosted by Ngāti Whātua Ōrākei, the return of Vector Lights for Matariki on the Auckland Harbour Bridge and concludes with Te Kora Kora ki Waihorotiu at Shed 10 – a free all ages concert.
Ataahua Papa says there is also a range of exciting community-led pop-ups taking place throughout the festival and encourages people to explore the city centre and discover the stories woven throughout the programme.
“There is something for everyone at Matariki ki te Manawa regardless of your reo or Matariki knowledge. Follow the trails, discover the artworks and experience, and let the stories of this rohe guide your journey through the city,” adds Ataahua Papa.
Programme:
Matariki ki te Manawa
15 June – 21 July | Auckland city centre (various locations)
Free and open to all
Full programme and event information at: Matariki ki te Manawa
Tūrama
30 June – 19 July | Queen Street
The tāhūhū of Matariki ki te Manawa returns to Queen Street. This award-winning light installation by Graham Tipene, Ataahua Papa, and Angus Muir Design with Phil Wihongi traces the story of Waihorotiu, the historical waterway that flows beneath our feet, connecting past to present along the city’s busiest spine.
Taurima
11 June – 21 July | Elliott Street
Created by Lissy Robinson-Cole, Rudi Robinson-Cole, Ataahua Papa, and Angus Muir Design, Taurima honours the history of Elliott Street as a traditional māra kai, a source of sustenance for the whenua. The works take the form of a pātaka, celebrating that ancestral story of place and inspired by Wharenui Harikoa.
Mana Wahine
Ongoing | The Strand
Wiremu Barriball’s stylised moko kauae designs on flags with the Matariki colour palette celebrate the mana of wāhine during this powerful time of year. A vivid presence woven into the daily life of the city.
Reo Haukura
12 June – 21 July | Lorne Street
Originally commissioned for Te Wiki o te Reo Māori, this work by Ataahua Papa and Angus Muir Design responds to the permanent sculpture outside the Central Library. Ko te reo kia rere, ko te reo kia tika, ko te reo kia Māori.
Rā
12 June – 21 July | Vulcan Lane
Commissioned in 2025, this work by Tyrone Ohia and Dr Riki Gooch with Angus Muir Design embraces the Māori name for the sun, bringing light and sound into the city centre to energise, spark joy, and ignite a sense of fire in the heart of Tāmaki.
Are Atoms Alive?
10 July – 2 August | Aotea Square
New for 2026, this large-scale installation by Storybox and Oculo journeys from distant galaxies to the depths of cells dividing in the human body, connecting Earth to the Matariki star realm through a seven-minute looped film projected across seven screens.
Arawhetū
30 June –19 July | Aotea Square through to Myers Park
Artist Kereama Taepa leads a team of 10 artists to connect past, present, and future with an augmented reality star trail stretching across the city. Different interpretations of the stars of the Matariki cluster and Puanga create an unforgettable, family-friendly experience for all ages.
Lightboxes — Nuku Collection
23 June – 19 July | Beresford Square
Wāhine from Qiane Matata-Sipu’s Nuku photographic collection are brought into the winter light through a series of lightboxes, linking Karangāhape Road to the city centre activations. In partnership with Karangahape Business Association.
Lightboxes — Tūhono
19 June – 19 July | Te Komititanga to Te Tōangaroa
Four cube lightboxes give insight into the creative talent responsible for the incredible works that form part of Tūhono, led by Ngāti Whātua Ōrākei and supported by Tātaki Auckland Unlimited through Major Events, extending the network of light-based storytelling across the city centre.
Matariki Taimoana
4 & 11 July | Silo Park
Matariki returns to Silo Park with two events celebrating local artists. The 4 July event marks the launch of Vector Lights on the Auckland Harbour Bridge for Matariki 2026 with an evening of music and celebration. On 11 July, a day of family-friendly activity, music, and storytelling takes place alongside the installation of public artwork Whai by Janine Williams on the gantry. Presented in collaboration with AUDO, Fresh Concept and Auckland Council Public Art.
He Ara Hīkoi
8 July – 6pm, 11 July – 5pm, 17 July – 6pm, 19 July – 5pm | Te Tōangaroa to Aotea Square
Guided walking tours from Mahuhu-ki-te-rangi Park at Te Tōangaroa, up Queen Street to Aotea Square, visiting all installations and activations and bringing the stories of each work to life. Offered in both te reo Māori and English and programmed for weekday and weekend experiences.
NOTES
About Auckland Live
Auckland Live is the premier organisation for performing arts, culture, entertainment and events in Tāmaki Makaurau Auckland, presenting a vibrant and diverse programme of live arts and experiences across Aotearoa New Zealand’s largest network of iconic venues and public spaces, including the Aotea Centre, The Civic, Auckland Town Hall, Viaduct Events Centre, Bruce Mason Centre, Aotea Square, The Cloud, Shed 10, Queens Wharf, Te Komititanga and locations throughout the city centre; as part of Tātaki Auckland Unlimited, a council-controlled organisation, Auckland Live champions creativity, supports artists and communities, and helps shape Auckland as a dynamic, inclusive and globally connected cultural destination.
About Ngāti Tamaoho
Ngāti Tamaoho are of Te Waiohua and Waikato descent, located between Te Mānukanuka o Hoturoa (Manukau Harbour), Āwhitu and Te Pūaha O Waikato (the lower Waikato River). Ngāti Tamaoho are proud to be Iwi manaaki bringing Matariki alongside Auckland Council Events for everyone to celebrate.
About Auckland Council Events
Auckland Council Events are events supported by the Auckland Council Group, including local boards and council-controlled organisations, recognising events supported by Auckland ratepayer funding. This support can include investment, delivery or promotion of events, to bring our communities together, celebrate Tāmaki Makaurau Auckland’s identity and deliver social and economic benefits.
About Tātaki Auckland Unlimited
Tātaki Auckland Unlimited is Tāmaki Makaurau Auckland’s cultural, events and destination agency. It is an Auckland Council-controlled organisation that works to make Auckland a vibrant place to live and visit, through events, experiences and taonga (treasures).
About the Matariki Festival 2026 theme
For the past three years Ngāti Tamaoho have participated in a Tāmaki Makaurau regional theme for the festival each year. The theme for Matariki Festival 2026 is ‘Matariki ki te Rangi’ (Matariki in the Sky). It highlights celestial knowledge, aspiration, and renewal and encourages everyone to look up to ngā whetū (the stars), reflect, seek guidance, and think about our shared responsibility to care for the taiao (natural surroundings), wai (waterways, rivers, and ocean), and whenua (land).
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