Yanolja Group\'s hotel development consulting firm Yanolja Partners said on Thursday it has launched a hostel brand, Stay Arijae, and will expand consulting for hostel operators. It will support site analysis, brand planning, space design, room composition and customer experience design for new hostel projects and lodging remodels. The company said it provides brand design and consulting without franchise fees or royalties, and operators can choose contractors and operating methods.

Deposit-token trials are spreading from payment gateways and merchant networks to cross-border payments, shifting the commercialisation race from issuance to where tokens can be used. Payment and settlement at the same time could cut small merchants’ fees and settlement periods. Inclusive finance is expanding by borrower type as banks tailor products and fintechs support fees. Regulators are weighing tighter limits on single-stock leveraged products. Market reforms also tighten scrutiny of duplicate listings and low-PBR firms.