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AB Electrolux publishes 2025 Annual Report

STOCKHOLM, Feb. 19, 2026 /PRNewswire/ — AB Electrolux Annual Report for 2025 has been published on the Group’s website as of today.

Highlights of the 2025 Annual Report   

  • The Group achieved organic sales growth of 3.9%, driven primarily by North America and Latin America.           
  • Operating income improved to SEK 3.7bn with an operating margin of 2.8% despite heavy headwinds from tariffs and currency.           
  • Cost efficiency contributed with SEK 4.0bn to earnings for the Group, as good progress was made on delivering product cost reductions.           
  • A new vision was launched: “To be the home appliance industry leader in consumer satisfaction – delivering outstanding lifetime experiences with solutions that always get better.”           
  • A renewed strategy was defined which aims to drive growth as an important enabler for reaching the operating margin target. The renewed strategy centers around four key pillars:
    • Consumer preference: In 2025, we refined and strengthened the brand positioning of our three main brands. Under Electrolux, AEG and Frigidaire, we launched new products, which received high ratings from consumers across all regions, underscoring our commitment to deliver premium experiences, high quality and reliability in every appliance we sell while delivering on our sustainability promise.
    • Lifetime value creation: Today most of our new products are connected, enabling us to upgrade appliances remotely, enhancing durability and consumer value. By developing connected ecosystems, expanding service offerings and enhancing product reliability, we aim to create new ways to engage and support our consumers throughout the entire ownership journey.
    • Cost leadership: 2025 marked a significant step forward in further embedding cost excellence across the Group. Key priorities include product cost-out, value engineering and enhanced supplier strategy, while also driving efficiency throughout every aspect of what we do – streamlining processes, optimizing resource use, and leveraging technology and automation to reduce cost.
    • Cash generation: The priorities and actions defined in the renewed strategy have the common goal to generate organic growth and healthy margins in order to support a solid cash generation. In 2025, we had disciplined management of our financial resources with continued working capital management, careful monitoring of cash flows, reduced capital expenditure, and investment decisions focused on clear, measurable returns.

Highlights of the Sustainability Statement in the 2025 Annual Report         

  • The Group’s most resource-efficient products accounted for 26% of total units sold and 36% of gross profit.           
  • By year-end 2025, the Group had reduced emissions in Scope 1 and 2 by 45% and in Scope 3 by 33% compared to 2021.            
  • In 2025, 97% of electricity and 67% of total energy in operations came from renewable sources.            
  • Recycled steel and plastic accounted for 23% of the materials used in the products manufactured by the Group.           
  • The Group achieved a strong health and safety performance in our industry, with total case incident rate of 0.33. 

The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com as PDF files. The Swedish Annual Report is also available on the Group’s website in European Single Electronic Format (ESEF).

This is information that AB Electrolux is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication on 19-02-2026 10:00 CET.

CONTACT:

For more information:

Ann-Sofi Jönsson, Head of Investor Relations & Sustainability Reporting, +46 73 035 1005
Maria Åkerhielm, Investor Relations Manager, +46 70 796 3856
Henry Sjölin, Investor Relations Manager, +46 76 863 51 85
Electrolux Group Press Hotline, +46 8 657 65 07

This information was brought to you by Cision http://news.cision.com

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Electrolux_Annual Report 2025 FINAL

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260219 Press release Electrolux Group 2025 Annual Report eng

AB Xelerate invests in Ubyx to strengthen global digital money connectivity

Ubyx enables regulated digital money flows across international banking and blockchain networks

LONDON and NEW YORK, Feb. 19, 2026 /PRNewswire/ — AB Xelerate, Arab Bank’s Fintech Accelerator, has made a strategic investment in Ubyx Inc., a provider of clearing and acceptance infrastructure for tokenised deposits and regulated stablecoins, as regulated digital money continues to move from pilot initiatives to execution across global financial markets.

AB Xelerate invests in Ubyx
AB Xelerate invests in Ubyx

The investment reflects Arab Bank focus on supporting the next phase of cross-border financial infrastructure, particularly as regulated digital money plays a growing role in international trade, treasury and payments flows connecting the Middle East with global markets.

Ubyx is developing a shared network that enables regulated financial institutions to issue, accept and redeem digital money at par value across multiple Blockchain and jurisdictions, while operating within established regulatory and compliance frameworks.

“Digital assets and stablecoins represent a major opportunity for financial innovation in the MENA region. Our investment with Ubyx reflects our confidence in their infrastructure and their ability to support the secure, compliant, and scalable adoption of this emerging ecosystem,” said Hala Zahan, Head of AB Xelerate. 

Tony McLaughlin, CEO of Ubyx, said: “The future of digital money depends on global networks, not isolated platforms. For digital money to scale, it must move seamlessly across institutions, markets and jurisdictions while retaining par-value integrity and regulatory confidence. AB Xelerate’s solid experience in banking innovation makes them an ideal partner as we build infrastructure designed for global adoption and support the next generation of regulated digital finance.”

Cross-border financial flows linking the Middle East with global markets are a key focus for digital money adoption. AB Xelerate and Ubyx share a common objective to enable these flows using regulated digital money infrastructure that supports international trade, liquidity management and settlement, while operating fully within supervisory and compliance frameworks.

About Arab Bank
Established in 1930 and headquartered in Amman, Jordan, Arab Bank operates one of the largest global Arab banking networks, comprising over 600 branches. The bank offers a wide range of banking products and services designed to meet the needs of individuals, corporations, and other international financial institutions. These services cover various areas, including personal banking, corporate and financial institutions services, and treasury operations. Arab Bank also maintains a strong presence in key international markets and major financial centers such as London, Dubai, Singapore, Shanghai, Geneva, Paris, Sydney, and Manama.

For more information, please visit https://www.arabbank.com

About AB Xelerate

AB Xelerate acts as Arab Bank’s Fintech Accelerator, operating a Corporate Venture Capital model that identifies strategic internal alignment with emerging technologies and high-potential startups across the MENA region. Positioned at the intersection of venture building, corporate innovation, and strategic investment, AB Xelerate bridges entrepreneurial innovation with enterprise-scale adoption. The platform focuses on dynamic collaborations, including strategic joint ventures, marketable agreements, integrations, and innovative partnerships. AB Xelerate facilitates strategic investments relevant to Arab Bank’s internal innovation adoption and departmental needs.

For more information, please visit https://abxelerate.com/

About Ubyx

Ubyx was founded to enable the global acceptance of regulated digital money by connecting multiple issuers with multiple receiving institutions in a shared settlement environment. Ubyx supports the redemption of tokenised deposits and regulated stablecoins at par value and helps preserve the singleness of money across emerging digital financial ecosystems.

For more information, visit https://ubyx.xyz

Media Contacts

Arab Bank:
CorporateCommunication@Arabbank.com.jo

AB Xelerate:
hello@abxelerate.com

Ubyx:
press@ubyx.xyz 

 

CUBE ACQUIRES SILICON VALLEY REGTECH, 4CRISK, DELIVERING NEXT GENERATION COMPLIANCE AND RISK MAPPING AUTOMATION

Key highlights:

  • Purpose-built, proven and trusted AI maps regulatory obligations directly to controls, policies, procedures and risks
  • Expands CUBE’s leadership in financial regulation into adjacent corporate regulatory domains
  • Furthers CUBE’s capabilities to serve customers with a unified, AI-first, enterprise wide compliance and risk platform

LONDON, Feb. 19, 2026 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces the acquisition of 4CRisk.ai (4CRisk), a Silicon Valley headquartered RegTech business whose agentic AI platform delivers policy and procedure mapping to regulatory obligations, controls and risks. Additionally, 4CRisk provides specialised corporate compliance solutions to meet evolving requirements across cyber, AI, privacy, labour laws and ESG.

CUBE announces the acquisition of 4CRisk.ai
CUBE announces the acquisition of 4CRisk.ai

Founded in 2019, 4CRisk has developed a sophisticated, purpose-built compliance and risk platform that analyses and breaks down corporate policies and procedures, mapping them directly to regulatory obligations, controls and risks at all levels of granularity. Its AI technology leverages proprietary Specialised Language Models (SLMs) trained on authoritative regulatory compliance and risk sources which, together with its AI compliance CoPilot, Ask ARIA, drives unparalleled automation. This innovative approach produces highly accurate results up to fifty times faster than equivalent manual processes.

The acquisition strengthens CUBE’s ability to deliver fully automated compliance and risk solutions, complementing its existing capabilities in regulatory compliance, operational risk and regulatory change management. Together, CUBE and 4CRisk enable customers to move seamlessly from identifying regulatory change to automatically assessing the impact on policies, procedures and controls enterprise wide. The 4CRisk team, based across the US, India and the UK, will join CUBE, expanding its global team of AI engineers and regulatory experts.

Ben Richmond, Founder & CEO of CUBE, said: “CUBE is the strategic partner of choice for the world’s leading financially regulated organisations for both their financial and non-financial compliance and risk requirements. 4CRisk extends our reach in adjacent corporate regulatory domains and enables our RegPlatform customers to move from understanding regulatory changes to fully automating the mapping to internal governance frameworks. This is a natural extension of our capabilities and a meaningful step forward in helping our customers manage their compliance and risk more effectively across the enterprise.”

Richmond continued: “The pace of AI innovation coming out of Silicon Valley is remarkable, and 4CRisk is a great example of that. They’ve built an incredible platform and the team behind it will be instrumental in helping us further accelerate innovation for our customers.”

Venky Yerrapotu, Founder & CEO of 4CRisk, commented: “We are honoured to join CUBE, a company we have long admired for its global vision and for setting the standard in regulatory intelligence. 4CRisk was founded to help organisations navigate regulatory complexity with clarity and confidence using AI that can be trusted and explained. CUBE’s industry-leading content, combined with the automation our platform brings, makes for a compelling combination.”

Joshua Gielessen, investor at Hg, added: “We are delighted to support CUBE’s continued expansion with the acquisition of 4CRisk. Building the industry’s leading AI-powered, end-to-end compliance and risk platform has been a strategic priority since our investment in 2024. Combining CUBE’s existing capabilities with 4CRisk’s purpose-built regulatory AI further accelerates that vision and creates an even stronger proposition.”

Backed by Hg, the acquisition of 4CRisk marks another major milestone in CUBE’s growth, as it continues to build a unified platform for compliance and risk based on agentic AI. CUBE now serves more than 1,000 customers globally across financial services and adjacent industries, with its platform covering every regulated country.

4CRisk was recently named, alongside CUBE, in the RegTech100 for 2026, recognising the world’s most innovative RegTech companies operating across the financial services sector.

Transaction details were not disclosed.

 

vivo V70 Goes Global with a New Sleek Look, more powerful ZEISS Imaging and a Smarter OriginOS

SHENZHEN, China, Feb. 19, 2026 /PRNewswire/ — vivo today announced the global launch of vivo V70. Featuring a powerful 50 MP ZEISS Super Telephoto Camera, a dedicated AI Stage Mode, 4K 60 fps Video, and AI-powered post-editing tools, V70 is the perfect companion for stage performance and travel. Boasting a new, stylish look, it features a refined, Aerospace-Grade Aluminum Alloy Frame, a 1.5K Ultra Clear OLED Display with ultrasonic fingerprint security, top-notch durability, and a long-lasting 6500 mAh BlueVolt Battery with 90W FlashCharge[1]. Powered by the brand-new OriginOS 6, it delivers enhanced performance and privacy control.

vivo V70, co-engineered with ZEISS, brings portrait photography to the next level.
vivo V70, co-engineered with ZEISS, brings portrait photography to the next level.

“The V70 offers a better user experience with a better look, better photography, and better overall performance,” said Xun Qin, vivo’s General Manager of Overseas Products. “With its refined, durable design, the smoother, smarter OriginOS, and pro-grade camera upgrades, V70 is a stylish device that is reliable in any scenario.”

Bringing the Stage Closer with Pro-grade Telephoto Camera, Co-engineered with ZEISS

Equipped with an even more powerful imaging system co‑engineered with ZEISS, V70 is ready to capture every moment in stunning quality. The 50 MP ZEISS Super Telephoto Camera features a pro-grade 1/1.95‑inch ultra-sensing sensor and OIS for sharper low-light shots, while its advanced periscope design enables higher zoom levels without adding bulk. The rear setup is completed by a 50 MP ZEISS OIS Main Camera with a 1/1.56″ flagship sensor and an 8 MP ZEISS Ultra Wide-Angle Camera, offering additional versatility. The front camera is a 50 MP ZEISS Group Selfie Camera with autofocus, delivering sharp results whether users are taking solo selfies or group photos with friends.[2]

AI Stage Mode, vivo V70 captures crisp, close-up shots of performers on stage.
AI Stage Mode, vivo V70 captures crisp, close-up shots of performers on stage.

V70 introduces a brand-new AI Stage Mode tuned for stage photography. The powerful 50 MP ZEISS Super Telephoto Camera and AI Stage Mode, enhanced by AI Image Enhancement Algorithm and AI Style Portrait Technology, work together to achieve 10x zoom for crisp stage photos. ZEISS Multifocal Portrait helps users capture the emotion of the moment even better, with options like the 85 mm Portrait with ZEISS Sonnar Style Bokeh with creamy flares, and the 100 mm Close-Up Portrait for ZEISS Planar Style Bokeh with classic effects.

For the first time in the V series, V70 brings 4K 60 fps Video for cinematic, silky-smooth footage and top-tier video capabilities. V70 also introduces AI Audio Noise Eraser, which offers an additional level of creative control in post-editing by detecting different sound types and selectively removing unwanted sounds from the recordings.

An image enhanced using AI Magic Weather, with composition correction, passersby removal, and AI-powered weather enhancement.
An image enhanced using AI Magic Weather, with composition correction, passersby removal, and AI-powered weather enhancement.

V70 elevates creativity even further with AI-powered tools[3] that simplify tuning and post-editing right on the device, perfect for travel photography. Features like AI Magic Weather can transform cloudy skies into sun glow, remove passersby, and correct tilted shots. Users can also explore AI Magic Landscape, freely switching among diverse geographical themes to create stunning travel portraits that highlight both the subject and the surrounding scenery. AI Retouch offers advanced one-tap fixes, including AI Erase, AI Magic Move, AI Image Expander, and AI Color Adjustment.

Strength Meets Premium Design for a Stylish New Look

V70 embraces a new aesthetic with a premium, Aerospace‑Grade Aluminum Alloy Frame, near‑perfect rounded corners and ultra‑thin‑bezel flat display for a sleek silhouette; on the back, a low‑profile Flagship Metallic Camera Module maintains a smooth, clean, and understated look.

vivo V70 combines strength and premium design for a stylish new look.
vivo V70 combines strength and premium design for a stylish new look.

On the front, ultra‑thin bezels of only 1.25 mm frame the 6.59‑inch[4] 1.5K Ultra Clear OLED Display that runs at 120 Hz with 459 PPI for ultra-clear, realistic and smooth visuals. In combination with the new OriginOS Flip Cards, that relies on the gyroscope to change the lock screen wallpaper when tilted, the display offers another way for users to showcase their individuality. Underneath, a 3D Ultrasonic Fingerprint Scanning 2.0[5] is added for quicker and more secure unlocking, even with wet fingers.

The back panel is designed to be fingerprint- and scratch-resistant using etched AG glass. V70 introduces a beautiful new Golden Hour colorway with a Sunset Glow Design[6]. It is crafted using specialized chemical etching process to form micron-scale texture on the glass, resulting in flowing highlights that appear and fade across the surface for a unique, playful look. V70 also comes in Alpine Gray, Sandalwood Brown, Canary Yellow and Authentic Black[7].

V70 is built to last with IP68 and IP69[8] Top-Rated Dust and Water Resistance, and 10-Facet Drop Resistance, withstanding accidental drops from up to 1.8m.

Smarter and More Intuitive OriginOS, Built with Security in Mind

V70 is powered by vivo’s latest OriginOS 6, bringing smarter performance through deep AI–OS integration to boost everyday productivity, while its enhanced security gives users full control over their privacy. With a fully rebuilt infrastructure and Origin Smooth Engine, the system looks, feels and stays smooth, while multi‑scenario connectivity allows effortless sharing and collaboration across devices and apps.

OriginOS 6 introduces Origin Island, a dynamic capsule at the top of the screen that surfaces information relevant in the moment to boost convenience. It also speeds up common tasks with added features like Copy & Go and Drag & Go and Suggestion Island that recognize context and intent.

OriginOS 6 also supports other AI-powered productivity tools[9] for work, study, and daily tasks. With AI Search[10], users can simply use natural language search to instantly reach the documents, notes or settings they want to access. AI Creation accelerates writing tasks, and for meetings, AI Captions offers real‑time transcription, translation, as well as one‑tap summaries. Additionally, Gemini Assistant with Google[11] provides personalized, real-time assistance via natural chat.

Convenience continues with seamless cross-device sharing options, such as One‑Tap Transfer[12] between vivo phones, or between vivo phones and supported iPhone models. The new vivo Office Kit offers streamlined cross-device file transfer and task handoff, enabling easy data transfer and file sharing between phone and computer for a smoother cross-device workflow.

Designed with security and longevity in mind, OriginOS 6 is backed by four generations of OS upgrades and six years of security updates[13], as well as security certifications from leading global authorities. Privacy is further enhanced through Private Space, a fully isolated, personal environment for storing important or confidential information and apps.

Smooth Performance, Reliable in Every Situation

V70 delivers strong performance for gaming, smooth photo and video editing, and seamless multitasking. It uses LPDDR5X high-performance memory and UFS 4.1 storage for faster app launches and file access, and a 4200 mm² ultra‑large vapor chamber, the largest ever in the V Series, for intelligent thermal management that keeps performance steady.

A large 6500 mAh BlueVolt Battery[14] ensures reliable all‑day power, even in extreme hot or cold weather, and 90W FlashCharge charger adds hours of use in just a few minutes.

Reliability is also extended to network connectivity with Dual‑Bridge Signal Concurrency and targeted network optimizations for congested environments. The innovative antenna design improves wall penetration and in-game signal stability.

Availability

Starting today, V70 will be gradually rolled out across Southeast Asia, Middle East, Europe, and other markets. Availability, pricing, and specifications may vary according to local market conditions and consumer preferences. For more information, please visit vivo.com.

About vivo

vivo is a technology company that creates great products based on a user-oriented value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company’s core values, which include Benfen*, user-orientation, design-driven value, continuous learning, and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.

While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi’an and more cities, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions and is loved by more than 500 million users worldwide.

*”Benfen” is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to create value for society.

Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news

[1] 90W FlashCharge means vivo’s standard charger supports up to 90W of charging. Actual charging power is dynamically adjusted as the scene changes and subject to actual usage.

[2] Pixel value may vary under different camera modes and is subject to actual usage. After accounting for distortion, the field of view is 90° for the front camera, 84° for the rear main camera, 33° for the rear periscope camera, and 106° for the rear wide-angle camera.

[3] The availability of AI features may vary depending on the apps, device settings, country, region and language, etc. Please refer to the actual use.

[4] Measured diagonally, the screen size is 6.59 inches in the full rectangle. Actual display area is slightly smaller.

[5] Using a regular third-party tempered glass protective film may interfere with ultrasonic fingerprint recognition. For optimal performance, use the original film provided by the manufacturer.

[6] Sunset Glow Design is only available on the Golden Hour edition.

[7] Availability of product colors may vary by region.

[8] This product has been tested under controlled laboratory conditions and is rated as IP68 and IP69 under IEC standard 60529–2013. IP68 water resistance test conditions: Submerged in static fresh water up to 1.5 meters for up to 30 minutes, with a temperature difference between the water and the device of less than 5°C. IP69 water resistance test conditions: A rotation speed of (5±1) rpm, nozzle angles of 0°, 30°, 60°, and 90°, a flow rate of (15±1) L/min, a water temperature of (80±5)°C, a test time of 30s/position, and the phone placed in a vertical position with the USB port facing down. Splash, water, and dust resistance are not permanently effective and may lessen over time due to daily wear and tear. Do not expose to seawater or other liquids like beverages. Do not immerse the phone in water during daily use. Do not charge the phone in a damp state; clean it and dry it quickly if it gets wet. Damage due to liquid ingress is not covered by warranty.

[9] The availability of AI features may vary depending on the apps, device settings, country, region and language, etc. Please refer to the actual use.

[10] Available only in Malaysia, Thailand, Philippines, Vietnam, India, and Indonesia

[11] The availability of AI features may vary depending on the apps, device settings, country, region and language, etc. Please refer to the actual use.

[12] For more details on the usage, please visit our official website.

[13] In Europe, 5 generations of OS version updates and 5 years of security patches are provided. The operating system version refers to the major version of the system. System updates and maintenance cover major and minor version updates and security patches. In non-European regions, the six-year period is calculated from the product launch date in the country/region where the product is purchased. In Europe, the five-year period is calculated from the date the product ceases to be sold in the EU market.

[14] The typical battery capacity is 6500 mAh, and the rated battery capacity is 6320 mAh.

 

Marina Bay precinct partners UOB, Marina Bay Sands and Singapore Tourism Board, together with Disney Cruise Line, to illuminate Singapore’s skyline with a fireworks sky show

With continued support from Bay partners, the third edition of the Marina Bay Precinct Partnership will feature nautical-themed festivities across two months with Disney Cruise Line-themed photo spots and additional special privileges for UOB customers at the Bay area.

SINGAPORE, Feb. 19, 2026 /PRNewswire/ — Marina Bay precinct partners UOB, Marina Bay Sands, and Singapore Tourism Board (STB), together with Disney Cruise Line, will present a sky show that lights up the Singapore skyline over three nights from 13 to 15 March 2026. This will be a key highlight of the two-month long nautical-themed festivities titled “Adventure Begins: A Magical Bay Celebration with Disney Cruise Line” from 26 February to 30 April 2026 where visitors to Marina Bay will get to discover and enjoy Disney Cruise Line-themed photo spots, and fun activities including special promotions and giveaways extended exclusively for UOB cardmembers.


The Marina Bay celebrations are curated in anticipation of the Disney Adventure, Disney Cruise Line’s first cruise ship in Asia, arriving in Singapore and setting sail on her maiden voyage on 10 March 2026. The ship will feature beloved stories and characters from Disney, Pixar and Marvel with three- and four-night sailings at sea designed for families and guests of all ages.

“We are excited to co-drive the transformation of Marina Bay into Singapore’s most magical precinct in celebration of the Disney Adventure’s arrival in Singapore. Continuing the success of our tripartite precinct partnership with Marina Bay Sands and STB over the past two years combined with our strategic collaboration with Disney Cruise Line, we aim to further elevate visitorship into the precinct and Singapore as a whole by offering unrivalled retail, dining and travel experiences for UOB cardholders across the region, themed on this momentous occasion. We strive to reinforce UOB’s position as the preferred partner for extraordinary customer experiences as we bring together and deepen engagement with visitors of the Bay and fans of Disney to participate in a range of activities over these two months,” said Jacquelyn Tan, Head, Group Personal Financial Services, UOB.

An Adventure Begins

Set against the Marina Bay waterfront with iconic landmarks lit in blue, Asia’s first sky show inspired by Disney Cruise Line will set the skies above the Marina Bay precinct aglow. The 10-minute showcase, which will commence from 8.30pm on 13, 14 and 15 March 2026, invites visitors on a vibrant adventure of visual and musical wonder, as a symphony of fireworks illuminate Singapore’s iconic skyline with brilliantly choreographed displays that can be seen all around Marina Bay. Visitors are invited to enjoy the views from vantage points available across the whole Marina Bay precinct and not to crowd in a particular area.

Go on a “journey” through the ship’s seven themed areas – Disney Imagination Garden, Toy Story Place, San Fransokyo Street, Town Square, Wayfinder Bay, Disney Discovery Reef and Marvel Landing, set to a medley of fan-favourite tunes including “When You Wish Upon A Star”, “Let It Go”, “Under the Sea” and “You’ve Got a Friend in Me”.

As a special nod to the Disney Adventure homeporting in Singapore and the island city’s rich multicultural heritage, the sky show will also feature designs with a local twist – bringing together Disney Cruise Line and nautical-themed elements, Peranakan-inspired motifs and icons referencing Singapore’s National Flower, the Vanda Miss Joaquim.

“Disney Cruise Line marks a defining milestone with the Disney Adventure arriving in Singapore, where Disney’s timeless stories and characters are brought to life through a unique cruise vacation experience. We are thrilled to join and be part of the iconic Marina Bay cityscape, bringing joy and happiness to guests and Disney fans of all ages. This spectacular sky show truly encapsulates the spirit of the Disney Adventure—through fantasy, imagination, discovery, and adventure—and is a testament to the start of more meaningful collaborations throughout Singapore,” said Sarah Fox, Vice President and Regional General Manager, Southeast Asia, Disney Cruise Line.

The Perfect Experience in Marina Bay

From 26 February to 30 April 2026, visitors to Marina Bay will be treated to the perfect retail, dining and travel experience, with a seafaring twist. Seven locations[1] – UOB Main Branch, Esplanade – Theatres on the Bay, Gardens by the Bay, JW Marriott Hotel Singapore South Beach, One Fullerton, PARKROYAL COLLECTION Marina Bay, Singapore and Swissôtel The Stamford, Singapore – invite visitors to drop in for fun photo opportunities inspired by Disney’s seven themed areas. UOB customers who venture to these seven locations can also embark on quests and be rewarded with limited-edition Disney Adventure-inspired medallions featuring characters representing the ship’s themed areas. Additionally, UOB cardholders who spend a minimum of S$100 at these locations, excluding UOB Main Branch, will also qualify for a lucky draw, with the grand prize being a three-night cruise vacation on the Disney Adventure[2].

On the digital front, UOB TMRW will launch a Disney Cruise Line-themed in-app game in March 2026, available for all UOB customers across ASEAN under the Rewards+ tab. The game will task players to tap on Disney Cruise Line-themed medallions to earn points, which will also be awarded for banking transactions done via the app such as payments and opening new accounts[3]. Across seven weeks, one winner with the highest score from each market: Singapore, Thailand, Malaysia, Indonesia and Vietnam will be selected to win a three-night cruise holiday on the Disney Adventure.

Customers can also stand to win exclusive Disney Cruise Line-themed merchandise such as the medallions and limited-edition Disney Cruise Line Samsonite luggage sets designed exclusively for UOB.

This activation is part of the third edition of the Marina Bay Precinct Partnership spearheaded by UOB, Marina Bay Sands and STB, with the collective support of partners around the Bay. More than 70 restaurants, hotels, retailers and attractions will join the festivities by offering exclusive UOB card promotions featuring discounts of up to 50 per cent. A full list of these merchants and privileges can be viewed on UOB’s campaign website, and information on the “Adventure Begins: A Magical Bay Celebration with Disney Cruise Line” festivities and other Bay experiences can be found on STB’s campaign website.

Irene Lin, Senior Vice President and Chief Marketing Officer (Resort Marketing), Marina Bay Sands, said, “The Marina Bay precinct continues to evolve as a dynamic stage for world–class experiences. The maiden voyage of the Disney Adventure marks a pivotal moment for Singapore’s tourism landscape, and we are delighted to work alongside STB and UOB to bring this celebration to life across the Marina Bay precinct – spanning hotels, attractions and public spaces. Through creative programming anchored by our Bay Precinct Strategy, we remain committed to developing Marina Bay as a premier destination while shaping memorable experiences for locals and guests from around the world.”

“Together with UOB and Marina Bay Sands, we are elevating the third edition of the Marina Bay Precinct Partnership to new heights by teaming up with Disney Cruise Line. This collaboration extends the Disney magic to the Bay in a two-month long celebration to mark the Disney Adventure’s inaugural sailing from Singapore, by curating a unique Bay experience for everyone to join in. Such strategic partnerships are important as it allows us to come together to create exciting and innovative experiences for visitors and locals alike,” said Kenneth Lim, Assistant Chief Executive (Marketing Group), Singapore Tourism Board.

This latest tripartite initiative builds on the success of earlier iterations, which saw increased foreign spend in Singapore. Notably, during January to March 2024 when the “Masterpieces. Made in Singapore” tripartite campaign and “The Legend of the Dragon Gate” drone show took place, total billings in Singapore by overseas-issued UOB cards surged 65 per cent year-on-year. Inbound spend by Indonesian cardholders grew the most during the quarter, rising 160 per cent year-on-year, with Malaysian, Thai, and Vietnamese card billings growing up to 65 per cent. The figures attest to the success of the tripartite collaboration hinging on the synergies provided by each party, cementing the precinct’s status not just as Singapore’s most recognisable cityscape, but also as a premier destination for shopping, dining and travel in the country.

About UOB

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of more than 470 branches and offices in 19 markets in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages

data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to helping businesses forge a sustainable future by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

About Marina Bay Sands Pte Ltd

Marina Bay Sands is Asia’s leading business, leisure and entertainment destination. The integrated resort features Singapore’s largest hotel with approximately 1,850 luxurious rooms and suites, crowned by the spectacular Sands SkyPark and iconic infinity pool. Its stunning architecture and compelling programming, including state-of-the-art convention and exhibition facilities, Asia’s best luxury shopping mall, world-class dining and entertainment, as well as cutting-edge exhibitions at ArtScience Museum, have transformed the country’s skyline and tourism landscape since it opened in 2010.

Marina Bay Sands is dedicated to being a good corporate citizen to serve its people, communities and environment. As one of the largest players in hospitality, it employs more than 11,000 Team Members across the property. It drives social impact through its community engagement programme, Sands Cares, and leads environmental stewardship through its global sustainability programme, Sands ECO360.

For more information, please visit www.marinabaysands.com

About the Singapore Tourism Board

The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore’s key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.

More: www.stb.gov.sg or www.visitsingapore.com | Follow us: STB LinkedInSTB Facebook or STB Instagram

About Disney Cruise Line 

Since launching in 1998, Disney Cruise Line has established itself as a leader in the cruise industry, providing a setting where families can reconnect, adults can recharge and children can experience all Disney has to offer. Today, the award-winning Disney Cruise Line continues to expand its blueprint for family cruising with a fleet of seven ships — the Disney Magic, Disney Wonder, Disney Dream, Disney Fantasy, Disney Wish, Disney Treasure, and Disney Destiny — and six more ships on the way by 2031. The Disney Cruise Line fleet sails to destinations in The Bahamas, the Caribbean, Europe, Alaska, Mexico, Canada, Hawaii and the South Pacific.

About the Disney Adventure

The Disney Adventure will be the first Disney Cruise Line ship to homeport in Asia. Singapore’s strategic location, world-class air connectivity, and port infrastructure make it a thriving cruise hub in Asia. As part of a collaborative effort between Disney Cruise Line and the Singapore Tourism Board, the Disney Adventure will operate from the Marina Bay Cruise Centre Singapore, underlining the long-term commitment to the Asian cruise market.

Annex

Bay partners

Photo spot locations and medallion giveaway
details

UOB Main Branch

80 Raffles Place, UOB Plaza 1, Singapore
048624

Visit UOB Main Branch and download the UOB
TMRW app to receive a Disney Cruise Line-themed
medallion pin collectible. A total of seven designs
will be available. Terms and conditions apply.

 

The UOB Plaza atrium will also feature a timer
counting down to the maiden voyage of the Disney
Adventure
on 10 March 2026.

Esplanade – Theatres on the Bay

1 Esplanade Drive, Singapore 038981

Spend a minimum of S$80 with any UOB card to
receive a Disney Cruise Line-themed medallion pin
collectible. A total of seven designs will be
available.

 

Spend a minimum of S$100 with any UOB card to
stand a chance to win a three-night cruise vacation
on Disney Cruise Line’s Disney Adventure. Each of
the six Bay partners will offer one cruise vacation
grand prize for qualifying UOB cardholders.

 

Terms and conditions apply.

Gardens by the Bay

18 Marina Gardens Drive, Singapore 018953

JW Marriott Hotel Singapore South Beach

30 Beach Road, Singapore 189763

One Fullerton

1 Fullerton Road, Singapore 049213

PARKROYAL COLLECTION Marina Bay, Singapore

6 Raffles Boulevard, Singapore 039594

Swissôtel The Stamford, Singapore

2 Stamford Road, Singapore 178882

Limited-edition Disney Adventure-inspired medallions

Limited-edition Disney Adventure-inspired medallions
Limited-edition Disney Adventure-inspired medallions

 

[1] Details of locations, promotions and criteria can be found in the Annex.

[2] Terms and conditions apply.

[3] Terms and conditions apply.

 

SEMIFIVE Partners with Niobium to Develop FHE Accelerator, Driving U.S. Market Expansion

  • Reinforces leadership as a trusted partner in specialized SoC design
  • Diversifies the ASIC portfolio with highly complex private computing solutions

SEOUL, South Korea, Feb. 19, 2026 /PRNewswire/ — SEMIFIVE, a leading global provider of custom AI semiconductor (ASIC) solutions, announced today that it has secured a design win from Niobium, a U.S.-based leader in Fully Homomorphic Encryption (FHE) hardware acceleration platforms. This partnership represents a strategic milestone in SEMIFIVE’s expansion in the U.S. market.

The contract, valued at around KRW 10 billion (USD 6.86 million), covers the development of Niobium’s high-performance FHE hardware accelerator. It is expected to become one of the world’s first commercially viable FHE accelerators, enabling encrypted computation at speeds practical for real-world cloud and AI infrastructure.

FHE is widely recognized as one of the most complex domains in encrypted computing, as it allows computation directly on encrypted data. This capability is becoming increasingly critical for privacy-centric workloads, private cloud services, and next-generation data protection architectures, including Zero Trust computing environments and private AI. Niobium’s dedicated accelerator is designed to deliver high-performance processing while offering significant advantages over software-based encryption approaches.

The chip will be developed using Samsung Foundry’s 8nm Low Power Ultimate (8LPU) process technology. SEMIFIVE’s end-to-end ASIC solution empowers Niobium to accelerate the commercialization of its FHE accelerator through tailored turnkey services. These services encompass design, packaging, and testing, all supported by streamlined supply chain management. Building on this achievement, SEMIFIVE will continue to strengthen its role as a trusted and pivotal design partner for global innovators across the advanced ASIC sector.

“Encrypted computation will become inevitable,” said Kevin Yoder, CEO of Niobium. “Once enterprises can compute directly on encrypted data at fast enough speeds, processing sensitive information in the clear will no longer be acceptable. With SEMIFIVE and Samsung Foundry, we’re translating years of R&D into production-ready silicon for encrypted cloud and AI environments. This represents the next step in our transition from prototype systems to accelerators suitable for customer deployments.”

“Niobium is at the forefront of encrypted computation, and their FHE accelerator platform represents one of the most important emerging architectures in privacy-first computing,” said Brandon Cho, CEO and co-founder of SEMIFIVE. “We are pleased to support Niobium in translating this cutting-edge FHE innovation into manufacturable silicon through SEMIFIVE’s proven SoC development and platform execution. This collaboration will set a new benchmark for technical excellence in advanced ASIC development.”

“Encrypted computation will play an increasingly critical role in the future of AI and cloud systems,” said Taejoong Song, vice president and head of Foundry Technology Planning at Samsung Electronics. “Through Samsung Foundry’s advanced process technology and SAFE™ ecosystem of partners, we are proud to support SEMIFIVE and Niobium as they bring next-generation private computing silicon to global markets.”

###

Media Contact:  robin.kim@semifive.com

About SEMIFIVE
SEMIFIVE Inc. (KOSDAQ: 490470) is a pioneer of platform based SoC design, working with customers to implement innovative ideas into custom silicon in the most efficient way. Our SoC platforms offer a powerful springboard for new chip designs and leverage configurable domain-specific architectures and pre-validated key IP pools. We offer comprehensive spec-to-system capabilities with end-to-end solutions so that custom SoCs can be realized faster, with reduced cost and risks for key applications such as data center or AI-enabled IoT. With a strong partnership with Samsung Foundry as a leading SAFETM DSP partner, as well as the larger ecosystem, SEMIFIVE provides a one-stop shop solution for any SoC design needs. For more information, please visit www.semifive.com.

About Niobium
Niobium is building the first dedicated hardware platform designed to advance fully homomorphic encryption (FHE) into commercial applications. FHE keeps data encrypted even during computation, mathematically guaranteeing privacy. Niobium is headquartered in Dayton, Ohio, with offices in Portland, Oregon, and San Francisco, California. More information is available at niobiummicro.com.

Supreme Courts of Singapore and Cambodia Sign Memorandum of Understanding for Judicial Cooperation

SINGAPORE, Feb. 19, 2026 /PRNewswire/ — On 10 February 2026, the Supreme Court of the Republic of Singapore and the Supreme Court of the Kingdom of Cambodia signed a Memorandum of Understanding (MOU) to promote bilateral judicial cooperation.

On 10 February 2026, The Honourable the Chief Justice Sundaresh Menon made a courtesy call on the President of the Supreme Court of the Kingdom of Cambodia, The Honourable Chief Justice Chiv Keng.
On 10 February 2026, The Honourable the Chief Justice Sundaresh Menon made a courtesy call on the President of the Supreme Court of the Kingdom of Cambodia, The Honourable Chief Justice Chiv Keng.

The signing of the MOU marks a significant milestone, constituting the inaugural bilateral judicial cooperation agreement by the two judiciaries. The MOU facilitates a deeper exchange of judicial expertise and paves the way for in-depth discussions on matters of common interests. These include electronic filing of court documents and case management systems, and related issues concerning resourcing, supporting and building capacity in the use of such systems.

The signing of the MOU took place after an official call by The Honourable the Chief Justice Sundaresh Menon on the President of the Supreme Court of the Kingdom of Cambodia, The Honourable Chief Justice Chiv Keng.

Chief Justice Menon led a delegation including Justice Aidan Xu, Judge in-charge of Transformation and Innovation, and Ms Juthika Ramanathan, Chief Executive (Office of Chief Justice) on a two-day visit to the Supreme Court of Cambodia.

Visit News and speeches (judiciary.gov.sg) for more details.

New Report Reveals 51.4% of U.S. Residential Builders Are Operating Unprofitably

HOUSTON, Feb. 19, 2026 /PRNewswire/ — More than half of U.S. residential building companies are operating unprofitably once accounting accuracy is applied, according to the 2026 State of Residential Construction Industry (SORCI) Report released by the Association of Professional Builders (APB). While only 17.1% of U.S. builders reported making a loss, deeper financial analysis found that 51.4% were effectively unprofitable.

Now in its sixth year, the SORCI Report analyses financial and operational data from residential builders across the United States as part of a broader dataset of 8,462 participants collected since 2020. Data for this edition was collected in late 2025.

Key findings from the 2026 SORCI Report:

  • 51.4% of U.S. residential builders were operating unprofitably once accounting accuracy was applied, compared with 17.1% who self-reported operating at a loss.
  • Only 12% of builders correctly understand all four critical financial metrics: Work In Progress (WIP) adjustments, markup versus margin, fixed expense ratios, and net profit margins.
  • 79.2% of builders who stated they knew how to calculate WIP adjustments were unable to correctly explain how WIP is calculated.
  • The report identifies widespread accounting inaccuracies that result in profitability being overstated on financial statements.

The findings show a significant gap between reported profitability and financial reality within the U.S. residential construction sector. The report notes that without accurate financial reporting, builders may make decisions based on incomplete data.

“The data shows a clear difference between reported profitability and financial reality for many building companies,” said Russ Stephens, Co-Founder of the Association of Professional Builders. “When core financial metrics are not fully understood or applied correctly, profitability can be overstated without builders realizing it.”

The report highlights the Work In Progress Accounting Adjustment (WIPAA) as a key area of misunderstanding. While 60% of builders claimed they knew how to calculate WIP adjustments, testing revealed that nearly 80% of that group were unable to correctly explain the calculation. Inaccurate WIP reporting can cause building companies to appear profitable on paper while masking underlying financial exposure.

This research also identifies a distinct cohort of building companies that demonstrate strong financial visibility, disciplined systems, and accurate reporting practices. These businesses consistently perform at higher levels across key financial metrics and demonstrate greater financial stability over time compared to those operating without clear financial controls.

About the 2026 SORCI Report

The State of Residential Construction Industry (SORCI) Report is an annual benchmarking study produced by the Association of Professional Builders. The 2026 edition draws on six years of research into the residential construction industry, with 8,462 total participants since 2020 across the United States, Australia, Canada, and New Zealand.

About the Association of Professional Builders

The Association of Professional Builders works exclusively with owners and directors of residential building companies that focus on new homes and large remodeling projects. APB’s mission is to improve the construction industry for both builders and consumers by helping building companies become systemized and profitable.