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Abu Dhabi’s IFC announces 36% Surge in AUM, 51% Increase in Workforce and Over 12,000 Licences in 2025

ABU DHABI, UAE, March 31, 2026 /PRNewswire/ — ADGM, Abu Dhabi’s International Financial Centre (IFC), delivered a year of solid growth and strategic milestones, reinforcing its role in Abu Dhabi’s status as the ‘Capital of Capital’.

 

 

ADGM continued to attract international capital, world-class talent and leading institutions to the UAE capital. At the end of 2025, the number of active licences in ADGM surpassed 12,000, while the number of individuals working within the financial centre increased by 51% to 44,339. Meanwhile, Assets Under Management (AUM) rose 36%, underscoring the sustained confidence in Abu Dhabi as a trusted hub for global asset and wealth managers.

His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, said, “2025 marked a defining chapter in ADGM’s milestones. We achieved another year of significant growth in our AUMs, reflecting both the confidence of our partners and the strength of our investment strategies. Equally important was our success in attracting leading global players to ADGM, reinforcing our position as a gateway for worldclass talent, capital, and innovation. This progress demonstrates the power of a thriving ecosystem, one built on partnerships, longterm value creation, and a solid commitment to excellence. And as we continue to align closely with Abu Dhabis strategic vision, we remain focused on driving sustainable growth and elevating our competitive advantage to become one of the top five international financial centres in the world.”

The significant growth of Abu Dhabi’s financial sector is reflected in the surge of new licences within ADGM, with top global firms choosing the financial centre as their regional hub.

The number of total active licences across ADGM rose 30% to reach 12,671 at the end of 2025, further strengthening its position as the largest IFC in the Middle East and Africa region by this measure.

Meanwhile, the growth in business activity across the IFC continued to attract a diverse and highly skilled talent pool across Al Reem and Al Maryah Islands. This led to ADGM’s total workforce increasing by 51% to 44,339 individuals in 2025 from 29,338 in 2024.

In 2025 leading fintech, digital assets, banking, infrastructure investment, sustainability advisory, global legal services and tech-enabled financial platforms, including Circle, Carta, Bitcoin Suisse, Tradition, Bitgrit, Stacks Asia DLT Foundation, Hidden Roads, Skadden, and Digital Climate Middle East (DCME), Olive Gaea, TON, Animoca Brands, BBVA, Arab Bank (Switzerland) Gulf, Galaxy Digital, Halo Investing, Eurasian Development Bank, iCapital, ERM, and DLA Piper, announced setting up in ADGM.

Binance became the first crypto exchange to secure a formal global licence from ADGM’s Financial Services Regulatory Authority (FSRA) in December 2025. The licence enables Binance to operate from Abu Dhabi under a comprehensive, world–class regulatory framework, reinforcing ADGM’s position at the forefront of compliant and progressive digital–asset ecosystems worldwide. 

At the end of 2025, ADGM was home to 171 asset and fund managers, which collectively manage 244 funds. A total of 347 financial institutions are now based in ADGM, 80 of which were licensed in 2025. 

Some of the top financial entities include Kimmeridge, Fortress, Polen Capital, Adams Street, Arcapita, Aquila Group, Cantor Fitzgerald, Davidson Kempner, DWS, Galaxy (asset management arm alongside digital assets), GMB Limited, HarbourVest, Harrison Street, Investindustrial, KKR, Monroe Capital, NewVest, Oryx Global Partners, PATRIZIA, Partners Group, Plenary ME Infrastructure Partners Ltd., Seviora, UBS Group, and Julius Baer.

Meanwhile, the FSRA issued a total of 120 In-Principle Approvals (IPAs), up almost 32% year-on-year, while 94 new Financial Services Permissions (FSPs) were secured.

Throughout the year, ADGM’s wider ecosystem welcomed 3,495 operational entities, almost a 40% increase from a year earlier, underscoring the range of businesses choosing the financial centre as their regional base.

Abu Dhabi’s growing global stature as a leading financial centre was further affirmed in December through its recognition in the inaugural Financial Centre Competitiveness Index (FCCI) published by NYU Stern School of Business. The index ranked the UAE capital as the number one financial centre in the MENA region and 12th globally, reflecting Abu Dhabi’s strong institutional foundations, progressive regulatory environment and future-ready ecosystem.

Abu Dhabi also hosted the International Forum of Sovereign Wealth Funds (IFSWF) annual meeting in November 2025. The event brought together leading sovereign wealth funds representing significant long-term institutional capital. The gathering reaffirmed Abu Dhabi’s position as a trusted convenor of global capital flows and a platform for strategic dialogue and partnerships.

During the first half of 2025, ADGM increased international engagements by joining the Abu Dhabi Department of Economic Development (ADDED) and a wider Abu Dhabi delegation on a series of roadshows to China and Japan, as well as roadshows to London, New York, Singapore and India in the second half of the year. During these trips, ADGM and other leading UAE entities signed several memorandums of understanding (MOUs) and hosted a series of events to promote business and investment opportunities across the emirate’s high-growth sectors.

In September, the FSRA of ADGM and the Securities and Futures Commission (SFC) co-hosted a high-level roundtable in Hong Kong to discuss opportunities for Hong Kong asset managers within ADGM.

As the only IFC in the region with the direct application of English Common Law, ADGM strengthened its regulatory ecosystem during 2025 to reinforce market integrity, enhance transparency and improve consumer protection.

The FSRA implemented key legislative updates aligned with international standards, including BCBS and IOSCO principles. It also introduced a new Funds Reporting Regime to enhance transparency, data quality and regulatory oversight across the asset management sector.

In alignment with UAE regulatory priorities and coordination with the Central Bank, the FSRA issued a Consultation Paper on Transition Planning Principles, advancing high-level expectations for financial institutions to strengthen resilience and long-term preparedness.

During 2025, ADGM started to fully operate its expanded real estate jurisdiction, following the successful integration of Al Reem Island under ADGM. The RA focused on delivering end-to-end real estate operations, including the launch of 70+ services for Real Property across buy & sell, leasing, renewals, project registrations, real property transactions, licensing, work permits, commercial permits, and licence renewals issued under incentivised schemes.

In December 2025, Mubadala and Aldar unveiled an AED 60+ billion joint venture to expand Al Maryah Island, unlocking the next phase of growth for one of the world’s largest financial districts. The project will comprise 1.5 million sqm of new office, residential, retail, and hospitality space, further elevating Al Maryah Island’s distinctive blend of international business and luxury living.

ADGM’s ability to convene global financial powers was once again on full display during Abu Dhabi Finance Week 2025, its most successful edition to date across 68 events and 394 thematic sessions. With over 800 influential speakers and almost 70 global and regional partners, the event gathered participants who collectively manage more than USD 60 trillion in assets – the equivalent of more than 50% of the world’s GDP. It also welcomed more than 35,000 attendees, 30% of whom were international participants, representing 175 nationalities.

Through ADFW, which is drawing increased international attention with every edition, ADGM was able to showcase Abu Dhabi’s plans for its next decade of growth and reinforce its position as the Capital of Capital.

World Gym Corporation Partners with Philcos to Launch Branded Merchandise Line

Exclusive Licensing Agreement Brings World Gym Apparel to Major North American Retailers

TAIPEI, March 31, 2026 /PRNewswire/ — World Gym Corporation (2762.TW) (“World Gym” or the “Company”), the owner of the iconic World Gym brand with over 280 locations worldwide, today announced an exclusive Merchandise Distribution Licensing Agreement with Philcos, a global leader in branded apparel manufacturing. The partnership will bring World Gym branded merchandise to major retailers across North America, including online and brick-and-mortar locations across the United States, Canada, and Mexico.

Picture: Merchandise Currently Available at Abercrombie & Fitch
Picture: Merchandise Currently Available at Abercrombie & Fitch

 

Picture: Merchandise Currently Available at Abercrombie & Fitch
Picture: Merchandise Currently Available at Abercrombie & Fitch

Philcos will manufacture and distribute World Gym branded apparel targeting all ages and demographics. The merchandise line is set to launch across multiple retail channels, with confirmed partnerships including Abercrombie & Fitch, Urban Outfitters, La Maison Simons, PACSUN among other finer lifestyle retailers.

The rollout schedule includes Abercrombie & Fitch in March; La Maison Simons in April; and Urban Outfitters in May. Additional retail partners will follow throughout the year, expanding World Gym’s presence in the lifestyle and fashion marketplace.

“We are thrilled to partner with Philcos to bring the World Gym brand beyond the gym floor and into everyday lifestyle apparel,” said John Caraccio, President of World Gym Corporation. “This licensing agreement represents a natural extension of our brand’s commitment to fitness, strength, and wellness. By making World Gym merchandise available through premier retailers across North America, we’re connecting with our community in new and exciting ways while reintroducing our iconic brand to the next generation of fitness enthusiasts.”

“Partnering with World Gym is an exciting opportunity to work with one of the most recognized and respected names in fitness,” said George Meyer, Vice President of Licensing, Philcos. “World Gym’s legacy of empowering individuals to achieve their fitness goals aligns perfectly with our commitment to delivering on-trend, high-quality branded apparel. With our proven track record representing iconic brands like the NFL, McDonald’s and global entertainment brands, we’re confident this collaboration will resonate with consumers across all demographics and establish World Gym as a powerful presence in the lifestyle apparel market.”

Founded in 1982, Philcos has established itself as one of the most in-demand branded apparel manufacturers worldwide, with a history of representing premier brands including McDonald’s, the NFL, Guinness, Sony Pictures, Dennis Rodman, The Golf League, among many others. The company specializes in quick-turn, on-trend branding that caters to diverse age groups and demographics.

This partnership announcement builds on World Gym’s strong momentum as a global fitness leader. Following World Gym Corporation’s acquisition of World Gym International in 2024, the brand operates over 284 locations across 10 countries, serving 900,000 members worldwide. The company continues to expand its reach through innovative partnerships that enhance member experience and extend the World Gym lifestyle beyond traditional fitness offerings.

About World Gym Corporation

World Gym Corporation is Taiwan’s largest fitness chain, operating 140 locations. In 2024, it acquired World Gym International, securing the iconic World Gym brand and global operating rights, establishing itself as a global fitness leader. With a franchise network spanning 10 countries and over 284 locations, it serves 900,000 members. The company continues to empower individuals worldwide to achieve their fitness goals and live healthier lives through state-of-the-art facilities, innovative programs, and technology-driven solutions.

About Philcos

Founded in 1982, Philcos has grown to become one of the most in demand and on trend branded apparel manufacturers worldwide. Philcos has a history of representing many key brands, including the NFL, McDonald’s, Sony Pictures, FCA/Stellantis (Dodge, Jeep, RAM, Fiat, Alfa Romeo), Boston Beer Company (Samuel Adams, Angry Orchard), Vail Resorts, K2 Sports, among many others.

KVB Futures Marks 1st Anniversary, Sustaining Growth Amid Indonesia’s Expanding and Competitive Forex Market

JAKARTA, Indonesia, March 31, 2026 /PRNewswire/ — Indonesia’s retail trading and investment landscape is rapidly expanding, driven by rising financial literacy, digital adoption, and growing interest in global markets. As more individuals explore forex and multi-asset trading, the brokerage industry is becoming increasingly dynamic and competitive.

KVB Futures Anniversary
KVB Futures Anniversary

KVB Futures, marking its 1st anniversary in Indonesia, has contributed to this ecosystem through digital innovation, client-focused services, and competitive trading solutions tailored to the local market. Over the past year, the firm has strengthened engagement with Indonesia’s trading community through offline events and client gatherings, fostering relationships and understanding local traders’ needs. These efforts reflect KVB Futures’ commitment to a client-centric approach and a more informed trading environment.

Looking ahead, KVB Futures plans to expand market engagement through additional offline initiatives, strategic collaborations, and educational activities to support the growth of Indonesia’s trading community. In today’s transparent industry, broker differentiation relies on credibility, consistency, and the long-term value delivered to clients.

As part of its growth strategy, KVB Futures was listed in the Best Broker directory on Investing.com and recognised by Indonesia’s regulator, Bappebti, achieving the Best Broker Grade A++ 2025. These honours highlight the company’s strong performance, compliance, and competitiveness within the domestic derivatives market.

According to the President Director of KVB Futures:
“The trading market in Indonesia is becoming increasingly mature and competitive. Clients now have broader access to information and broker comparisons. We build long-term trust through consistent service quality, strong execution infrastructure, and responsible trading practices. Sustainable growth can only be achieved through credibility.”

KVB Futures continues to strengthen its service foundation and uphold high operational standards, aiming to deliver consistent value, foster long-term client relationships, and support sustainable growth.

Enhancing Client Value
To further engage clients, KVB Futures offers promotional programs:

  • Welcome Rewards – For new clients depositing at least $200
  • SWAP Promotion – Competitive swaps on 12 popular instruments to reduce trading costs and enhance returns.
  • Lucky Draw Program – Appreciation initiative for active clients through raffle tickets from trading activity.

About us:
KVB Futures is a brokerage company providing forex and multi-asset trading services, focused on delivering innovative digital solutions, competitive trading conditions, and a client-centric approach. With a growing presence in Indonesia, KVB Futures aims to support traders through accessible technology and reliable trading infrastructure. 

KVB Futures Contact
+62 851-1701-0756
brand@kvb.co.id

Countdown to a Global Stage: Thailand Fully Prepares to Host the 2026 IMF-World Bank Annual Meetings

BANGKOK, March 31, 2026 /PRNewswire/ — The IMF–World Bank Group Annual Meetings are held every October, rotating between the institutions’ headquarters in Washington, D.C., United States (for two consecutive years) and a selected member country every third year. This rotation reflects regional diversity and global collaboration. In 2026, Thailand has the honor of hosting the Annual Meetings for the second time, following its first hosting in 1991—35 years ago. Thailand is also one of only three countries to have been selected to host the Meetings twice.

Countdown to a Global Stage: Thailand Fully Prepares to Host the 2026 IMF–World Bank Annual Meetings
Countdown to a Global Stage: Thailand Fully Prepares to Host the 2026 IMF–World Bank Annual Meetings

The return of this “Olympics of Finance” to Thailand after more than three decades marks a significant milestone in enhancing the country’s global image across multiple dimensions. It highlights Thailand’s status as a core economic, fiscal, and financial hub in Southeast Asia, while demonstrating its readiness to host a world-class event. This includes robust infrastructure, connected aviation and transportation systems, welcoming tourism ecosystem, integrated work-support services, and a world-class meeting venue, such as the Queen Sirikit National Convention Center, the official host venue of the 2026 IMF–World Bank Annual Meetings in Bangkok, Thailand.

Hosting the Meetings also presents a valuable opportunity for Thailand to showcase its unique identity through soft power, ranging from arts and culture to cuisine and diverse travel destinations. The event is expected to stimulate the domestic economy and bring positive impacts to tourism, hospitality, and investment across various sectors.

At the same time, the Meetings will serve as a platform of opportunity for all Thais to act as hosts, welcoming not only finance ministers, central bank governors, and leaders of financial institutions, but also representatives from civil society and global media. More than 15,000 participants from 191 countries are expected to attend and collectively shape the future of the global economy. During the meetings, Thailand will advance its official theme: “Thailand’s New Horizons: Empowering People, Building Resilience”, which reflects a people-centered development approach, while strengthening economic and financial resilience to better navigate future risks.

Since early 2026, the Ministry of Finance and the Bank of Thailand working together as the “Thailand Planning Team” have been closely collaborating to prepare for the Annual Meetings. Key initiatives include the launch of an official event landmark at Benjakitti Park to raise public awareness and symbolize Thailand’s readiness to welcome the world, as well as ongoing progress meetings with the IMF and World Bank Group. Thailand also recently welcomed Dr. Kristalina Georgieva, Managing Director of the IMF, during her visit in early March.

Importantly, the Thailand Planning Team has actively engaged the younger generation, an essential driving force of the country, by inviting university students to present economic policy ideas through video submissions. Additionally, the Ministry of Finance is recruiting 200 student volunteers to support the Annual Meetings, reflecting the collective strength and unity of Thai society in delivering this historic mission.

From now until October, preparations will intensify through a series of key activities, including in-depth seminars on secure and inclusive digital finance, and on driving jobs and innovation; both priority agenda that Thailand aims to advance on the global stage—public engagement with civil society, and the promotion of Thai soft power through innovation and sustainable lifestyles. Key milestones include:

  • The IMF-World Bank Group Spring Meetings 2026 (April, Washington, D.C.): Participation in international meetings and exhibition booths to reinforce Thailand’s readiness and officially kick off the countdown to the 2026 Annual Meetings.
  • International Public Procurement Conference 2026 under the theme of “Procurement for Prosperity”: the conference will explore how procurement can become a strategic driver for jobs, innovation, and national prosperity by 2030. 
  • World Bank Thailand Young Economist Contest 2026 under the theme “Youth and Jobs”: Providing a platform for young people to contribute ideas toward resilient and sustainable economic development.
  • 30-Day Countdown Event: A major press conference titled “Countdown to AM2026: Thailand’s Global Stage Preview” alongside the launch of the Thailand Travel Guide to welcome global participants.

As Thai citizens, we are all “cultural ambassadors” and hosts who will extend warmth, generosity, and professionalism to visitors from around the world. Together, we will demonstrate that Thailand is ready to step into new horizons, welcoming the global community with pride.

Join us in counting down to the 2026 IMF–World Bank Group Annual Meetings, a global platform for shaping the future of the world economy. This is an opportunity to showcase Thailand as a true global destination and center, ready to welcome the world with smiles and the unique spirit of Thai identity.

Apical Launches Rumah FABA Kreasi Muda Initiative to Support Independent Small Businesses in Dumai

SINGAPORE – Media OutReach Newswire – 31 March 2026 – Apical, through its business unit PT Sari Dumai Oleo (PT SDO), recently inaugurated the Rumah FABA Kreasi Muda in Lubuk Gaung, Sungai Sembilan, Dumai, Riau. The initiative forms part of the company’s efforts to support community empowerment through productive economic activities.

Rumah FABA Kreasi Muda serves as a production facility for concrete blocks and paving stones using Fly Ash and Bottom Ash (FABA) – non-hazardous by-products generated from Apical’s power plant – as alternative raw materials. These materials are processed into construction products that can support infrastructure development in the surrounding community.

In his remarks, PT SDO Head of General Affairs, M. Jaya Budi Arsa, said the initiative was introduced to strengthen economic independence in communities around the company’s operational areas. “We established Rumah FABA Kreasi Muda to create new business opportunities and support the economic independence of nearby communities. We hope this facility will help enhance residents’ skills and capacity to run sustainable businesses,” he said.

To support the programme’s implementation, Apical, a member of the RGE group of companies founded by Sukanto Tanoto, has provided assistance through the construction of the production facility, the supply of equipment and the provision of a steady supply of FABA as an alternative raw material. This support is intended to enable the community to carry out production in a structured manner while gradually developing independently managed businesses.

Lubuk Gaung Subdistrict Head Syafrianto, S.Sos., M.IP., noted that the Rumah FABA initiative has had a direct impact on youth engagement and local economic development. He also emphasised the importance of continued guidance to ensure the business can grow sustainably.

“Rumah FABA provides space for young people in Lubuk Gaung to take part in productive activities and access new job opportunities. Moving forward, ongoing support will be key to ensuring the business continues to grow and deliver long-term benefits,” he said.

Rumah FABA Kreasi Muda is expected not only to create employment opportunities but also to strengthen the community’s capacity to manage businesses independently. By repurposing available materials, the programme generates added value while promoting resource efficiency.

In line with Apical’s 5Cs business philosophy – doing what is good for Community, Country, Climate and Customer, and only then will it be good for the Company – the company aims to ensure that its operations deliver balanced benefits for society, the environment and long-term business sustainability.
Hashtag: #RGE #Apical #Palm #CommunityEmpowerment #Indonesia

The issuer is solely responsible for the content of this announcement.

About Apical

Apical is a leading vegetable oil processor with an expanding global footprint. Our vertically integrated mid-stream refining and value-added downstream processing makes us an integral supplier that supports the needs of various industries namely food, feed, oleochemicals and renewable fuel, including sustainable aviation fuel (SAF) which enables a great reduction of CO2 emissions.

With integrated assets in strategic locations spanning Indonesia, China and Spain, Apical operates numerous refineries, oleochemical plants, renewable fuel plants and kernel crushing plants. Through joint ventures and strategic partnerships, Apical also has processing and distribution operations in Brazil, India, Pakistan, Philippines, Middle East, Africa, USA and Vietnam.

Apical’s growth is built on the foundations of sustainability and transparency, and motivated by our strong belief that we can contribute to a circular economy for a more meaningful impact, even as we continue to grow our business and deliver innovative solutions to our customers.

Apical and Partners Target 30,000 Trees in East Kutai in the Second Year of Sustainable Living Village Programme

SINGAPORE – Media OutReach Newswire – 31 March 2026 – The Sustainable Living Village (SLV) programme, a collaboration between Apical and the Earthworm Foundation, has entered its second year of implementation in East Kutai Regency, East Kalimantan. From 8 to 12 February 2026, the programme resumed activities across Tepian Makmur, Tepian Indah, Tepian Langsat and Tepian Raya villages, focusing on strengthening community resilience through environmental restoration and capacity-building initiatives.

The SLV programme promotes a model for sustainable rural development that balances socioeconomic benefits with environmental protection. Through the programme, smallholders receive guidance on adopting sustainable palm oil practices while also being encouraged to diversify their livelihoods. One such initiative is cacao cultivation, which offers an additional income source while helping to promote more sustainable land use.

A key focus this year is a tree-planting initiative in river buffer zones and areas of high conservation value. The programme aims to plant a total of 30,000 trees to strengthen vegetation cover, safeguard watershed functions and support wildlife habitat protection.

Apical CSR Manager, Agus Wiastono, said the programme is designed to encourage active community participation in protecting high conservation value areas while reinforcing sustainable environmental management.

“Through tree-planting activities and ongoing support, we aim to ensure that efforts to protect riverbanks and natural habitats go hand in hand with strengthening the capacity of village communities,” he said.

Local community groups have also played a direct role in the initiative. In Tepian Baru Village, the Sempekat Benderang Farmer Group, together with Apical and the Earthworm Foundation, planted around 200 trees along river buffer zones as part of the broader programme target. The trees included fruit crops, agroforestry species and native timber, which are expected to deliver both ecological benefits and economic value for the community.

Romi, head of the Sempekat Benderang Farmer Group, said the activity reflects the village’s collective to environmental protection. “We have taken the initiative to protect the riverbanks and the remaining forest areas in our village. By maintaining vegetation cover, we hope the environment will be preserved and continue to provide long-term benefits for the community,” he said.

Bahrun, operations manager at the Earthworm Foundation, added that collaboration is essential to ensuring the programme’s sustainability. “Active community participation strengthens efforts to protect areas with important ecological value. When communities are involved from the outset, the impact becomes more sustainable,” he said.

Beyond tree planting, the SLV programme in East Kutai also includes cacao cultivation on two community land sites, training on Good Agricultural Practices (GAP) for cacao farmers, and the distribution of 55 Plantation Cultivation Registration Certificates (STDB) to oil palm smallholders. These initiatives improve farming practices while strengthening the legal and governance aspects of smallholder plantations.

Through this ongoing collaboration, Apical, a member of the RGE group of companies founded by Sukanto Tanoto, together with the Earthworm Foundation and local communities, aims to strengthen environmental resilience while creating more stable economic opportunities for villages in East Kutai. The initiative forms part of Apical’s long-term commitment to supporting sustainable development through partnerships with communities and local stakeholders.
Hashtag: #RGE #Apical #Palm #SLV #Community #SustainableRuralDevelopment

The issuer is solely responsible for the content of this announcement.

About Apical

Apical is a leading vegetable oil processor with an expanding global footprint. Our vertically integrated mid-stream refining and value-added downstream processing makes us an integral supplier that supports the needs of various industries namely food, feed, oleochemicals and renewable fuel, including sustainable aviation fuel (SAF) which enables a great reduction of CO2 emissions.

With integrated assets in strategic locations spanning Indonesia, China and Spain, Apical operates numerous refineries, oleochemical plants, renewable fuel plants and kernel crushing plants. Through joint ventures and strategic partnerships, Apical also has processing and distribution operations in Brazil, India, Pakistan, Philippines, Middle East, Africa, USA and Vietnam.

Apical’s growth is built on the foundations of sustainability and transparency and motivated by our strong belief that we can contribute to a circular economy for a more meaningful impact, even as we continue to grow our business and deliver innovative solutions to our customers.

Phuket Strengthens Appeal for UK Families as Secure International Residential Destination


Growing demand from British buyers, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing the appeal of Thailand’s largest island as a secure and globally connected place to live and invest.

PHUKET, THAILAND – Media OutReach Newswire – 31 March 2026 – Phuket’s transformation from world-renowned holiday destination into a fully established international residential hub is entering a new phase, supported by rising long-haul arrivals and improving access from the United Kingdom and Europe.

Phuket Strengthens Appeal for UK Families as Secure International Residential Destination

UK buyers represent one of the fastest-growing segments of Phuket’s European residential market, alongside France, Germany, Switzerland and Scandinavia. The island’s year-round climate, quality of life, international schools, structured long-term residency pathways and expanding long-haul connectivity are key factors driving interest from British families and investors.

Thailand welcomed more than 35 million international visitors in 2025, underscoring global confidence in the country as a safe and accessible destination. Long-haul arrivals exceeded 11 million, rising 13% year-on-year and generating approximately 668 billion baht in tourism revenue. The Tourism Authority of Thailand continues to prioritise sustainable, high-value travel, targeting 14 million quality international visitors annually under a value-over-volume strategy.

International connectivity continues to strengthen. European flight capacity increased by more than 16% year-on-year and now stands approximately 5% above pre-pandemic levels. According to Immigration Bureau data, European arrivals reached approximately 7.8 million in 2025, up from 7.2 million in 2024. Direct services from London and Paris, alongside new Scandinavian routes, are reinforcing Phuket’s accessibility for UK travellers.

Improved access is translating into extended stays, remote working flexibility and lifestyle-driven property ownership. Increasingly, visitors are returning not only for holidays, but to explore long-term residency and residential investment opportunities.

Beyond its island setting and established hospitality sector, Phuket offers international-standard healthcare, leading international schools, yacht marinas, championship golf courses and reliable high-speed connectivity. The island combines year-round resort living with the infrastructure required for full-time residence and professional activity.

Industry research ranks Phuket among the world’s leading destinations for branded residences, alongside Dubai, Miami and New York. Foreign buyers account for more than 60% of condominium purchases, reflecting sustained international confidence in the market. Direct air links to more than 80 cities further support its global integration.

At the centre of this residential evolution is Laguna Phuket, developed by Banyan Group. Over 35 years, it has become one of Asia’s most established integrated resort and residential communities. Spanning more than 1,000 acres along Bang Tao Beach, Laguna Phuket includes six hotels, an award-winning golf course, RAVA beach club and more than 3,000 branded residences. Residents from over 70 nationalities call it home within a master-planned environment supported by on-site education and comprehensive lifestyle amenities.

With approximately 5,000 additional residences planned across Laguna Phuket and neighbouring Laguna Lakelands, Phuket’s long-term residential trajectory continues to strengthen.

Phuket today represents more than a holiday destination. It has matured into a secure, internationally connected residential market offering stability, accessibility and enduring value for globally-minded UK families.

Hashtag: #BanyanGroup

The issuer is solely responsible for the content of this announcement.

Lao-Born Refugee Now Holds Five Ministerial Portfolios in Australian Government

A picture of Anoulack Chanthivong. (Photo by The Australian)

A man who crossed the Mekong River as a child fleeing conflict in Laos now serves as one of the most senior Lao-born politicians in Australian history, holding five ministerial portfolios in the New South Wales (NSW) government.

Anoulack Chanthivong, a minister in the NSW cabinet under Premier Chris Minns since 2023, was born in Laos and arrived in Australia at around age six after his family fled in the early 1980s. They crossed into Thailand and spent time in a refugee camp before being resettled in Sydney.

The family then settled in western Sydney, where his parents took on manual work despite language barriers. 

Anoulack grew up in Cabramatta, studied economics at the University of Sydney, and later completed further studies at the London School of Economics. He worked as an economist for more than a decade before entering politics, joining the Labor Party shortly after finishing high school and winning a local council seat in 2004.

He was later elected to represent Macquarie Fields in the NSW Parliament and has since been re-elected multiple times.

Following the 2023 state election, he was appointed to cabinet with responsibility for industry and trade, innovation, science and technology, better regulation and fair trading, building, and corrections, portfolios that place him at the centre of economic and regulatory policy in Australia’s most populous state.

His rise from refugee resettlement to senior minister has drawn attention both in Australia and among the Lao diaspora, with his career widely seen as representing the broader experience of Lao families who left home in search of stability and opportunity.