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Corporate News from Media OutReach Newswire

  • Fewer than 1 in 3 Singaporeans have enough savings for prolonged critical illness recovery

    Fewer than 1 in 3 Singaporeans have enough savings for prolonged critical illness recovery

    2 in 3 Singaporeans expect recovery during their ‘health gap’ year to cost more than $200,000

    SINGAPORE – Media OutReach Newswire – 29 September 2026 – Recovering from a critical illness (CI) can take far longer than many Singaporeans expect, yet few are financially prepared for the journey. A poll by Prudential Singapore (“Prudential”) found that 67 per cent of Singaporeans expect recovery from a severe-stage critical illness to take more than a year. However, only 29 per cent say their savings could cover household expenses for that long if they had no income during recovery.

    The findings highlight the challenges of what Prudential terms “health gap years” – the period when individuals may be unable to work while recovering from a critical illness such as cancer, heart attack or stroke, even as ongoing household expenses, caregiving costs and financial commitments continue.

    Concerns over the cost of recovery are reflected in the poll as only one in five Singaporeans (20 per cent) are confident they could cover both medical bills and everyday expenses during recovery. More than three in five (64 per cent) estimate they would need more than S$200,000 to cope with the financial impact of a severe-stage critical illness.

    The findings are aligned with the Life Insurance Association (LIA) 2022 Protection Gap Study that reported a 74 per cent CI protection gap. This suggests that most people do not have sufficient protection coverage, which leaves them financially vulnerable in an unforeseen event.

    Mr Manu Tandon, Chief Health & Protection Officer, Prudential Singapore, said: “Many people recognise that recovery from a critical illness can take a long time, yet they may not be financially ready when it happens. Critical illness is not merely a medical episode. It can have far-reaching emotional, financial and physical implications for patients and their families, long after they leave the hospital. This may include the patient’s loss of income, the strain of additional expenses, and greater demands on caregivers.”

    These concerns are reflected in the poll where about half the respondents (46 per cent) cited medical expenses as their primary concern, while 34 per cent were worried about the loss of income and 31 per cent about burdening their family.

    Critical illness can impact long-term financial goals

    Beyond immediate healthcare expenses, respondents expect CI to affect their long-term financial security. If they run out of funds during recovery, they are most likely to draw on their emergency funds (53 per cent), retirement savings (40 per cent) or sell investments (33 per cent). Almost one in four (24 per cent) would even return to work earlier than planned.

    Families with children may face particularly difficult trade-offs. Among respondents with children, 35 per cent identified education fees as a key expense during recovery. If they were unable to work, 24 per cent were likely to pull their children out of enrichment classes and 19 per cent would dip into education funds.

    Caregiving costs represent a major blind spot

    The poll also found that many Singaporeans may be underestimating the financial impact of caregiving during recovery. For most families, the financial strain will deepen when caregivers leave work to provide care. Almost 3 in 4 (72 per cent) cited financial support as the most important form of support for caregivers, but only 13 per cent believed their household would have enough savings if a caregiver stopped working to care for them.

    Respondents also identified caregiving-related costs that could arise during recovery, including costly drugs and alternative treatments (71 per cent), ongoing daily living expenses linked to care needs (67 per cent) and rehabilitation and therapy (59 per cent).

    Mr Tandon added: “Ultimately, being prepared for potential health gap years can make a difference between a recovery journey overshadowed by financial stress and one focused on what matters most: recovery and getting life back on track. Building a strong financial safety net to weather a critical illness event is crucial not only for the individual, but the whole family.”

    Owning a critical illness (CI) plan does not mean adequate protection

    Although more than half (59 per cent) of respondents own a CI plan, only 20 per cent are confident that they have adequate coverage to sustain them through recovery.

    CI insurance is designed to provide a lump sum payout that will help policyholders manage income loss and additional expenses, and it supplements hospitalisation insurance that pays for medical bills incurred from hospital stays. Nearly nine in 10 respondents (88 per cent) said a lump-sum CI payout would be important in helping their families manage caregiving expenses and income loss during recovery.

    Said Mr Tandon: “This indicates that consumer awareness and ownership of a CI plan do not necessarily translate into a sense of financial security. Closing the protection gap would require consumers to assess if their coverage is enough to support them and their families throughout the health gap years. Besides the sum assured, understanding the breadth of coverage and types of illnesses covered under your plan is important as there are different types of plans available. This is why it is important to do regular reviews with your financial representative to ensure your coverage continues to meet your needs through the years.”

    The poll commissioned by Prudential surveyed 1,000 Singapore residents aged 18 to 55+ from June to July 2026. The study explored how prepared Singaporeans are for their potential “health gap years” and examined gaps in financial preparedness, caregiving support and understanding of CI protection.

    Hashtag: #PrudentialSingapore




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

    About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

    Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 95 years. As at 31 December 2025, it has S$66.3 billion funds under management. The company has an AA Financial Strength Rating from leading credit rating agency Standard & Poor’s and delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of 5,400 financial representatives.

  • Allianz Global Wealth Report 2026: Markets Drive Record Wealth as AI Raises the Stakes

    Allianz Global Wealth Report 2026: Markets Drive Record Wealth as AI Raises the Stakes

    • Markets on Autopilot: Global financial assets rose 8.6% to a record EUR268.4trn, with markets generating 4 in 5 euros of additional wealth.
    • Portfolios set the tone: Securities grew 12.4%, more than twice as fast as deposits or insurance and pensions.
    • AI raises the stakes: AI could power the next wave of wealth creation, but high valuations and concentrated ownership raise both market and distributional risks
    • Singapore stays among the world’s wealthiest: Financial assets rose by 9.1% in 2025, and net financial assets per capita of EUR192,840 keep Singapore the world’s 4th-richest country
    MUNICH, GERMANY – Media OutReach Newswire – 29 September 2026 – The 17th edition of the Allianz “Global Wealth Report,” which puts the asset and debt situation of households in almost 60 countries under the microscope, shows that global household wealth hit a new record in 2025, while market gains and the rise of AI are making asset ownership increasingly important in determining who benefits from future wealth creation.
    Markets, not savings, powering the gain
    Global financial assets increased by 8.6% in 2025 to a record EUR268.4trn, despite a challenging geopolitical and economic backdrop. Markets did the heavy lifting in 2025, as rising asset prices accounted for roughly 4 out of every 5 euros of new household wealth. Fresh savings fell 5.4% to EUR4.1trn. “Global wealth set another record in 2025, but that only tells half of the story,” said Ludovic Subran, Chief Economist and Chief Investment Officer at Allianz. “Since 2019, nominal financial assets are up 50%, but in real terms, stripped of inflation, they only grew 23%. The situation is worse in Western Europe where financial assets in real terms are up 0.5% compared to 2019. It is 21% in North America and 70% in China.”
    Portfolios set the tone
    Portfolio composition increasingly determines who captures the gains from wealth creation. Securities increased by 12.4% in 2025, more than twice as fast as deposits (5.7%) or insurance and pensions (5.0%), pushing their share of global financial assets to a record 46.9%. North American households, with 60.7% of their portfolios invested in securities, benefited particularly strongly from rising markets; their region generated 51.4% of the global increase in financial assets. Over the past decade, valuation gains accounted for 71% of North American financial-asset growth, compared with only 36% in Western Europe, reflecting the importance of investing savings over holding them in low-earning accounts.
    2026-27: AI as a swing factor amid slowing GDP growth
    We estimate that global financial assets could grow by a solid 9% in 2026, but the medium-term backdrop is turning tougher as slower growth, persistent inflation, fragmentation and high public debt weigh on returns. Going forward, AI is therefore the key swing factor: stronger productivity and earnings could sustain asset returns, but the growing reliance on AI-powered markets to drive household wealth also creates vulnerability. With the S&P 500 up around 95% since end-2022, much of the recent wealth boost rests on elevated market valuations and AI expectations. We find that a 25% correction in the S&P 500 would erase around USD27trn of US household wealth in the year of the shock, equivalent to almost 14% of total net worth, weighing on confidence and consumption, and pushing the US economy into recession.
    But the AI wealth story is not only about how much wealth is created, it is also about who captures the gains. “AI could become the next great wealth engine, but the key question is who gets a stake in it,” said Katharina Utermöhl, Head of Thematic & Policy Research at Allianz Research. “As AI potentially shifts more value creation towards capital, broader participation in capital returns and policies that help workers adjust will be key to making the AI wealth dividend more widely shared.”
    Singapore: The world’s 4th-richest country by net wealth per capita
    Gross financial assets of Singapore’s private households increased by 9.1% in 2025 to EUR1.4trn, up from 8.5% growth in 2024, modestly above the global average (8.6%) though just below the average for the surveyed Asian countries excluding Japan and China (9.8%).
    Securities grew fastest among all asset classes, up 12.7%, ahead of insurance and pensions (9.3%) and deposits (6.8%). However, due to Singapore’s strong capital-funded pension system, insurance and pension remained the dominant asset class in the average private household’s portfolio, with a share of 47.2%, followed by deposits with 33.2%. Securities accounted for just 19.6% of Singaporean portfolios – well below both the regional average of 30.8% and the global figure of 46.9%.
    Adjusted for inflation, Singaporean financial assets grew by 8.1% in real terms in 2025, up from 6.0% in 2024. They have increased by a cumulative 33.3% since 2019 – below the regional average of 39.6%, though well above the global average of 22.9%.
    Private households’ liabilities rose by 7.4% to EUR269.9bn, growing more slowly than gross financial assets. As a result, net financial assets increased by 9.5% to EUR1.1trn. With net financial assets of EUR192,840 per capita, Singapore ranked 4th among the world’s richest countries in 2025.

    Net financial assets per capita in 2025

    In Euro Y/Y in % Rank 2005
    1 United States 296,950 9.8 2
    2 Switzerland 275,980 3.9 1
    3 Denmark 197,510 2.4 4
    4 Singapore 192,840 8.8 10
    5 Taiwan 164,470 9.6 12
    6 Sweden 155,980 6.2 13
    7 Canada 135,350 9.8 11
    8 New Zealand 127,550 2.4 9
    9 Netherlands 116,600 -6.2 7
    10 Belgium 114,590 4.2 3
    11 Australia 113,190 11.0 16
    12 Germany 91,780 6.4 17
    13 Italy 91,730 8.8 6
    14 Japan 89,420 7.9 5
    15 Ireland 83,590 5.0 18
    16 Austria 82,260 6.3 15
    17 France 77,940 4.1 14
    18 United Kingdom 72,200 2.0 8
    19 Malta 65,720 3.6 19
    20 Spain 55,300 11.2 21

    The interactive “Allianz Global Wealth Map” can be found here on our homepage:
    https://www.allianz.com/en/economic_research/research-data/interactive-wealth-map.html

    You can find the study here on our homepage:
    https://www.allianz.com/en/economic_research/insights/publications/global-wealth-report-2026.html
    Hashtag: #AllianzResearch

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

    About Allianz

    The Allianz Group is one of the world’s leading insurers and asset managers, active in nearly 70 countries and serving around 97 million customers*. Our insurance customers benefit from a broad range of offerings, from property, life and health insurance, through assistance services and credit insurance, to corporate insurance. For the seventh consecutive time, Allianz has been recognised as the world’s leading insurance brand in the Interbrand ‘Best Global Brands 2025’ ranking. This success is based on a technology-enabled customer focus – with the aim of providing security, protection and prevention to our customers and strengthening the resilience of individuals, communities and societies. We are one of the world’s largest investors and manage an investment portfolio of around 770 billion euros** on behalf of our insurance customers. In addition, our asset managers PIMCO and Allianz Global Investors manage approximately 2.0 trillion euros** for third parties. Thanks to our systematic integration of environmental and social criteria into our business processes and investment decisions, we hold an ‘AAA’ ESG Rating from MSCI (as of March 2026). In 2025, our 156,000 dedicated employees generated revenues of 186.9 billion euros for the Group and achieved an operating profit of 17.4 billion euros.

    * As of 31 December 2025. The customer figure reflects only Allianz customers in consolidated companies within the scope of customer reporting.

    ** As of 31 March 2026.

    As always, the assessments are subject to the disclaimers set out below.

    Cautionary Note Regarding Forward-Looking Statements
    This document contains forward-looking statements such as forecasts or expectations that are based on management’s current views and assumptions and are subject to known and unknown risks and uncertainties. Actual results, performance figures or events may differ materially from those expressed or implied in such forward-looking statements.

    Such deviations may arise from changes in factors including, but not limited to: (i) the general economic and competitive situation in the Allianz Group’s core business areas and markets, (ii) the performance of financial markets (in particular market volatility, liquidity and credit events), (iii) adverse publicity, regulatory actions or litigation involving the Allianz Group, other financial services providers and the financial services industry in general, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and developments in loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency rates, (vii) the default rate of borrowers, (viii) changes in interest rate levels, (ix) currency exchange rates, particularly the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions, including related integration and restructuring measures, and (xii) general competitive factors, in each case at a local, regional, national and/or global level. Many of these changes may be exacerbated by terrorist attacks and their consequences.

    No Duty to Update
    Allianz assumes no obligation to update the information and forward-looking statements contained in this release, unless required to do so by law.

    Privacy Note
    Allianz SE is committed to protecting your personal data. Find out more in our

  • Investor Pointe Appoints Chief Innovation Officer as Agentic AI Drives Private Markets Forward

    Investor Pointe Appoints Chief Innovation Officer as Agentic AI Drives Private Markets Forward

    Technology entrepreneur will focus on translating client challenges into practical, scalable product innovation.

    London, United Kingdom – Newsfile Corp. – September 29, 2026 – Investor Pointe, a global technology and services firm powering how private markets firms operate, today announced the appointment of Juan Manrique as Chief Innovation Officer. Based in London, Manrique will work across clients, product, and technology to identify emerging challenges and opportunities.

    Manrique brings more than 20 years of experience across technology, data, product, and marketing, along with 17 years as an entrepreneur. He co-founded and served as CEO of Untap, Hydra Management, and e-Task.it, and held senior roles spanning product, marketing, business development, and data services at Tiscali, Kingston Communications, Cision, and PSINet. His appointment follows that of fellow Untap co-founder Manfredi Bargioni as Chief Client Officer, bringing complementary expertise in understanding client needs and translating them into product and technology innovation.

    “Innovation for innovation’s sake is useless. It needs to be tied to customer pain,” said Juan Manrique, Chief Innovation Officer at Investor Pointe. “Our role is to listen to the market, understand the problems our customers face, and turn those needs into tangible solutions. Technology is incredibly powerful, especially with AI, but the starting point must be understanding what the customer actually needs.”

    AI and the next phase of private markets

    Private markets are undergoing two related shifts: access is broadening to a wider investor base, while technology is evolving from providing firms with software to increasingly supporting the work itself. Private capital AUM has nearly tripled over the past decade, reaching $16.7 trillion at the end of 2025, according to PitchBook1. As the investor base expands, firms must handle more onboarding and servicing alongside growing reporting and data requirements, without a corresponding increase in headcount or operational complexity.

    “The industry has made significant progress in opening private markets to a wider group of investors. The question now is how we make that expansion work in practice,” said Manrique. “AI gives us the ability to develop new capabilities faster, with agents taking on more of the legwork involved in managing complexity and volume, while humans remain involved in the decisions that matter.”

    “Juan’s appointment reflects the role we want innovation to play at Investor Pointe,” said Scott Hofmann, Chief Executive Officer at Investor Pointe. “We need to stay close to the challenges our clients are facing, understand where the market is heading, and translate that insight into technology that can be adopted at scale. We are constantly exploring the art of the possible, and we apply real discipline to deciding which ideas should become reality for our clients. Juan brings a rare combination of entrepreneurial, product, data, and private markets experience. His role will sit at the intersection of clients, product, and technology, helping ensure we continue to develop our platform around what the market needs.”

    Agentic AI is an important part of that development, moving beyond answering questions to carrying out defined tasks and identifying where human attention is needed. Agents can handle routine work across areas such as investor onboarding and portfolio monitoring, flagging issues and bringing relevant information to the right person while keeping human judgement at the centre of decision-making.

    ENDS

    Press Contact:
    Margarita Kouklaki Ntourou
    Communications Manager, Investor Pointe
    margarita.kouklakintourou@investorpointe.com


    1 Source: PitchBook, a Morningstar company – https://pitchbook.com/news/reports/q2-2026-global-private-market-fundraising-report

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

    About Investor Pointe:

    Investor Pointe is a global technology and services firm powering how private markets firms operate. It unites distribution, investor engagement, portfolio management, and the underlying data layers into a single, secure system. As a partner from initial product decisions to the final capital return, Investor Pointe’s agentic solution is supported by a team of human experts to provide clients with exactly the level of support they need, from self-serve to fully managed. Investor Pointe has over 2,500 funds managed on its system, working with leading investment managers, wealth managers, fund administrators, and advisors with over $400 billion in assets. Investor Pointe has offices in London, New York, Hong Kong, Hyderabad, and Bogotá. For more information, visit .

  • CBB 2026 Set for a Grand Opening | Leading Exhibitors Across the Entire Industry Chain to Gather in Shanghai This October

    CBB 2026 Set for a Grand Opening | Leading Exhibitors Across the Entire Industry Chain to Gather in Shanghai This October

    SHANGHAI, CHINA – Media OutReach Newswire – 29 September 2026 – From October 12 to 15, 2026, the 2026 International Brew & Beverage Processing Technology and Equipment Exhibition for China (CBB 2026) — the benchmark full-industry-chain exhibition for the liquid food sector in the Asia-Pacific region — will open at the Shanghai New International Expo Centre (SNIEC). With the final countdown underway, this biennial industry event is sending a rallying call to the global liquid food community on an unprecedented scale.

    The next decade of the liquid food industry is beginning here — ahead of time.
    The next decade of the liquid food industry is beginning here — ahead of time.

    Guided by the themes of innovation, intelligence, sustainability and high-end development, and committed to “building a new platform for upgrading the entire liquid food industry chain while writing a new chapter of high-quality development,” CBB 2026 will bring together leading enterprises from every segment: baijiu (Chinese spirits), beer, beverages, dairy, condiments and packaging equipment. More than 900 exhibitors from China and abroad will make a joint appearance, and over 60,000 professional visitors from around the world are expected to attend for business discussions, across an exhibition area exceeding 100,000 square meters.

    After more than three decades of development, CBB has long been more than a trade fair. It continuously connects the entire chain — from raw materials, brewing and filling to packaging and digital smart manufacturing — creating an integrated industry platform for business matching, technical exchange and innovation. Step into CBB and you will see an exhibition; look closer and you will read the present and the future of an entire industry chain.

    01 Leading Enterprises from Every Segment — One Show for the Entire Industry Chain

    This year’s exhibitor lineup can truly be described as a full mobilization of the industry chain.

    From upstream raw and auxiliary materials, brewing and processing, to midstream filling, packaging equipment and production line integration, and on to downstream labeling and coding, smart warehousing and digital solutions — leading enterprises from every segment, including baijiu, beer, beverages, dairy and condiments, will take the stage together, forming a complete map of the industry.

    Whether you are sourcing turnkey production lines or comparing individual machines, whether you focus on a single process or evaluate complete smart-manufacturing solutions, you will find your answer at this show.

    02 Four Highlights: Unlocking the 2026 Trends of the Liquid Food Industry

    Closely aligned with industry development trends, this edition focuses on four main themes — internationalization, localization, intelligentization and green development — bringing together cutting-edge technologies and innovations from around the world to present a clear picture of where the industry is heading.

    Highlight 1 | Global Giants Gather as Frontier Technologies Take the Stage

    The international zone boasts a stellar lineup: world-renowned brands including BarthHaas, Fermentis, Krones, HEUFT, CIMC Enric, SACMI, ifm, Endress+Hauser, SEW-Eurodrive, Alfa Laval and Grundfos will all be present, covering core supporting technologies that range from hops, raw and auxiliary materials and pre-treatment processes to filling and packaging equipment and integration, end-of-line packaging and conveying, smart factory solutions and water treatment — spanning the entire liquid food production and packaging chain. A number of brand-new machines and solutions will make their on-site debuts, showcasing the latest achievements in smart manufacturing and green sustainability for the liquid food industry.

    Highlight 2 | Chinese Smart Manufacturing Breaks Through as Homegrown Equipment Goes Global

    Leading Chinese liquid food equipment manufacturers — Tech-Long, Newamstar, Lehui, Zhongya, Zhongchen, SUNRISE, Hermann and Talos — will exhibit in force, showcasing independently developed core equipment and technologies such as high-speed filling, aseptic packaging, intelligent inspection and integrated smart production, covering the entire production process from raw material pre-treatment, brewing and processing to filling and sealing, labeling and coding, and smart warehousing. These achievements not only help small and medium-sized food producers cut costs, boost efficiency and optimize their production systems, but will also accelerate the expansion of Chinese high-end equipment into global markets.

    Highlight 3 | Smart Upgrading Across All Scenarios: Building a New Ecosystem of Digital Production

    Digital transformation is one of the defining features of this edition, addressing smart-upgrading needs across the entire liquid food industry chain. From automated and intelligent production scheduling, predictive maintenance and big-data quality control throughout the process, to complete digital-twin factory solutions, every scenario is covered. Core intelligent equipment — including smart sensors, automated control systems and unmanned sorting machines — will be on display, helping the industry move from traditional manual control toward fully digital, intelligent and unmanned production.

    Highlight 4 | Green and Low-Carbon Empowerment: Sustainable Production Solutions That Deliver

    Aligned with global dual-carbon strategies and the industry’s low-carbon transition, exhibitors will launch a range of low-carbon technologies and equipment, including energy-efficient filling machines, circulating water treatment technologies, equipment for biodegradable packaging, and waste heat recovery systems. While optimizing production costs and efficiency, these solutions comprehensively support energy conservation and emission reduction, offering practical, full-coverage green production solutions for producers of alcoholic drinks, beverages, water, dairy products, condiments and other liquid foods — and helping the industry build a sustainable future.

    03 More Than Ten High-Level Forums: Decoding the Trends Shaping the Industry

    More than ten high-quality concurrent events will be held during the show, bringing together authoritative industry experts, chief engineers of leading enterprises and industry leaders for in-depth discussions on segment trends, technological innovation and industrial transformation.

    04 Why Attend? Three Audiences, Three Answers

    • If you are a business owner or procurement decision-maker: compare leading solutions from across the industry chain in one place, connect with quality suppliers, and identify practical paths to lower costs, higher efficiency and transformation.
    • If you are an engineer or part of a production technology team: experience live demonstrations of cutting-edge equipment, meet manufacturers’ technical experts face to face, and be among the first to grasp the trends in smart manufacturing and green, low-carbon technologies.
    • If you are an industry observer or investor: read the next three to five years of the liquid food industry through the exhibitor lineup, technology directions and forum topics.

    05 See You in Shanghai This October

    A biennial rendezvous — and a shared point on the calendar for the entire industry.

    From October 12 to 15, 2026, CBB 2026 looks forward to welcoming you at the Shanghai New International Expo Centre. For more information, please visit www.chinabrew-beverage.com.

    Hashtag: #CBB2026

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

  • Beijing Chaoyang: A Sleepless City, A Stage for the World

    Beijing Chaoyang: A Sleepless City, A Stage for the World

    BEIJING, CHINA – Media OutReach Newswire – 29 September 2026 – Light dances on the waterfront, art connects the world. The 2026 Beijing Chaoyang International Light Consumption Season & Liangma River International Arts Festival is now in full swing.

    A Panorama of the City's Nightscape
    A Panorama of the City’s Nightscape

    On the evening of September 24, the 2026 Beijing Chaoyang International Light Consumption Season & 2026 Liangma River International Arts Festival officially opened. This year’s annual theme is “AMAZING YOU.” The Light Consumption Season runs until October 11, spanning both the Mid-Autumn Festival and National Day holidays for the first time; the Liangma River International Arts Festival continues until November 20, featuring ten major themes and over a hundred performances.

    A Panorama of the City’s Nightscape
    As a vivid scroll of the city’s nighttime beauty, this year’s Light Consumption Season creates a vast space for nocturnal storytelling. With the Liangma River Cultural and Economic Belt and the Olympic Central Area as its two cores, the event links key districts such as CBD, Sanlitun, Chaowai UIC, Dawangjing, and Gaobeidian, unfolding a night-tour landscape where water and land intertwine. Visitors can board the Liangma River cruise “Light-Chasing” to watch light and shadow bloom in sequence upon the waves of Lotus Lake and North Lake; or stroll along the Chaoyang Park night-tour route, from the East Fifth Gate to the Shell Theatre, immersing themselves in the light-and-shadow night tour Romance of Light and Shadow.

    Romance of Light and Shadow is jointly created by the China Oriental Performing Arts Group Co., Ltd. and other professional teams. With the narrative thread of “journeying toward an unexpected romance,” it is divided into three acts and seven chapters, transforming the entire Chaoyang Park into a borderless, three-dimensional theatre of light and shadow. Seven themed theatres are scattered across diverse settings—mechanical installations, waterborne cruises, floating stages—creating a unique experience of “one river, seven realms; a journey shared by water and land.”

    A Stage for World Art
    Chaoyang’s night is also the world’s night. As an urban stage where Eastern and Western art converge, it uses the waterfront as its parlour, fostering encounters and dialogue among civilisations.

    Under the night sky, the elegance of Chinese tradition flows—ancient architectural aesthetics, ink-wash imagery, and traditional Chinese music gatherings speak of Eastern romance. Meanwhile, global artistic forces gather along the Liangma River. A French creative team presents a floating piano and double bass duet; balloon artists from the Netherlands and France offer whimsical interactive performances; and the giant light installation Arch Flower by a French artist blooms like a magnificent flower, becoming a new landmark for visitors. Inside the Shell Theatre, more than ten exquisite performances take the stage in succession, including the waterside exclusive edition of Yang Liping’s Dynamic Yunnan, a retro jazz night with ZaZaZsu, and a performance by the Beijing Music Festival Youth Orchestra.

    East and West, tradition and modernity, converge on this riverbank into an open and inclusive urban stage, vividly interpreting the city’s spirit of “Rising with the World.”

    An Invitation to “Rise with the World”
    The Beijing Chaoyang International Light Consumption Season has now been held for four editions. Today, “Sleepless Chaoyang” has become a calling card of Beijing’s nighttime economy and a window through which the world can understand the vitality of Chinese cities.

    Light is not only for viewing; it also weaves together the warmth of everyday life. During the event, Chaoyang District presents over a hundred integrated cultural, commercial, tourism, sports, and exhibition activities: during the 2026 China Open, the National Tennis Center creates an “immersive carnival”; the Olympic Forest Park hosts outdoor concerts, fluorescent night runs, and night rock climbing; the Olympic Park International Carbohydrate Festival brings together delicacies from across the country; and the Chaowai UIC Block launches the “READYGO City Playground,” featuring the nation’s exclusive “Batman Day,” the DC Merchandise Store, celebrity pop-ups, and the Stray Kids official pop-up SKZOO, appearing in turn.

    Light-and-shadow performances, trendy consumption, sports and leisure, and the warmth of daily life interweave. Every visitor who comes from afar can find their own wonderful experience.

    As the autumn breeze sweeps over the Liangma River, lights across the city come on one after another. Friends from all over the world are welcome to come to Chaoyang—to boat on the shimmering waterfront, stroll through dazzling streets, and feel the urban charm where past and present, China and the world, coexist. Sleepless Chaoyang awaits the brilliance of you.

    Hashtag: #Chaoyang

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

  • TrendAI™ Extends the NVIDIA Agent Safety Platform with Threat Intelligence and Full AI Factory Security

    TrendAI™ Extends the NVIDIA Agent Safety Platform with Threat Intelligence and Full AI Factory Security

    TrendAI Vision One™ pairs hardware-level detection on NVIDIA BlueField DPUs and network security with Zero Day Initiative™ threat intelligence, helping enterprises safely move agent fleets from pilot to production

    HONG KONG SAR – Media OutReach Newswire – 29 September 2026 – TrendAI™, the global leader in AI security and business unit from Trend Micro Incorporated (TYO: 4704; TSE: 4704), today announced its support for the NVIDIA Agent Safety Platform, NVIDIA’s full-stack infrastructure for running autonomous AI agents safely at enterprise scale. As organizations move autonomous, self-evolving agents into production, TrendAI™ and NVIDIA are aligned on a clear principle: no single control makes an agent secure. Security must be built into every layer the agent depends on.

    AI agents are made up of three core components: the model that reasons, the harness that orchestrates the agent and its sub-agents, and the tools and data the agent can reach. Together, they let an agent hold credentials, remember context across sessions and act on production systems without a human approving each step. As enterprises scale from a handful of pilots to fleets of agents spanning teams and business units, security is now a critical control and often becomes the deciding factor in whether agentic AI reaches production.

    The NVIDIA Agent Safety Platform places authority in the infrastructure beneath the agent. According to NVIDIA, OpenShell enforces policy outside the agent’s execution environment, where it cannot be prompted away or bypassed, while NVIDIA BlueField-4 DPUs and NVIDIA DOCA add a host-independent security layer in silicon. TrendAI™ complements that enforcement layer with the intelligence that informs what the policy should be, the visibility to see what agents are doing, and the threat detection and response to act on it.

    “Agentic AI is the most significant shift in enterprise technology in a generation, and security needs and guardrails are in place to keep the agents aligned with the intentions of the organization,” said Rachel Jin, Chief Platform and Business Officer, Head of TrendAI™. “Security can’t sit in one place. It has to cover the model, the harness, and every tool and data source an agent touches. NVIDIA is building the boundary that determines what an agent can do. TrendAI™ brings the threat intelligence and oversight that tell security teams what that boundary should be, and what is happening inside it. Together, we give organizations a practical path to scale agentic AI securely.”

    How TrendAI ™ supports the NVIDIA Agent Safety Platform

    TrendAI Vision One™ extends NVIDIA’s agent safeguards across the whole AI factory, covering agents, models, containers, storage and networks on one platform:

    • Model protection. Inline inspection of prompts and responses blocks prompt injection and jailbreaks and redacts sensitive data before it leaks.
    • Harness and tool governance. Security teams control which tools and MCP servers agents can reach, inspect every tool call, and analyze how skills and AI artifacts behave at runtime.
    • Data and identity controls. TrendAI Vision One™ finds and classifies the sensitive data that feeds AI, stops agents from reaching data they shouldn’t, extends file security and data loss prevention to the files agents read and write, and strips excess privilege from agents and other non-human identities.
    • Hardware-rooted detection and response. Using NVIDIA BlueField DPU and DOCA telemetry, TrendAI Vision One™ detection stays trustworthy even if the host OS is compromised, and correlates AI signals with endpoint, network, and identity telemetry so a hijacked agent cannot move laterally unseen.

    Together, TrendAI™ and NVIDIA are leading the future of AI with proactive security designed to inspire innovation and eliminate risk.

    Learn more
    For more on why agent security has to extend beyond the model, read Rachel Jin’s blog, Beyond Model Alignment: Securing Every Layer of the AI Agent. Learn how TrendAI Vision One™ secures enterprise AI here.

    Hashtag: #trendai #trendaivisionone #visionone #trendmicro #nvidia




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

    About TrendAI™

    TrendAI™, the global AI security leader and enterprise business unit of Trend Micro, empowers organizations with full AI visibility and consolidated security that inspires confidence, drives innovation, and eliminates risk. Trusted by the largest enterprises and governments across 185 countries, TrendAI™ secures the entire organization, from identities to infrastructure to data. Global Fortune 500 companies rely on TrendAI™ to cut risk and stop threats up to 3 months earlier, powered by world-leading threat and attack intelligence.

    Through deep ecosystem partnerships with market leaders like NVIDIA, Anthropic, AWS, Google, and Microsoft, TrendAI™ empowers your organization to securely drive forward at the speed of AI. AI Fearlessly. Learn more at .

  • TempraMed Signs Letter of Intent with CPO Cyprus for Exclusive Distribution of VIVI Products in Cyprus

    TempraMed Signs Letter of Intent with CPO Cyprus for Exclusive Distribution of VIVI Products in Cyprus

    Distribution partnership with one of Cyprus’s most established healthcare and consumer-products distributors

    Highlights:

    • LOI with CPO Cyprus includes exclusive distribution of VIVI Cap™ and VIVI Epi™ throughout Cyprus, subject to a definitive agreement.
    • Proposed exclusivity is conditional on minimum annual purchase obligations, with combined purchases required to increase by at least 20% year over year to maintain exclusivity.
    • Transfer pricing and the first-year minimum combined unit commitment will be negotiated and established in the definitive distribution agreement.
    • CPO Cyprus brings nearly a century of local market experience and established distribution capabilities spanning pharmaceutical products, medical instruments and hospital equipment.

    Toronto, Ontario–(Newsfile Corp. – September 29, 2026) – TempraMed Technologies Ltd. (CSE: VIVI) (FSE: 9DY) (OTCQB: TMPTF) (“TempraMed” or the “Company”), a medical-technology innovator transforming how temperature-sensitive medications are stored and managed, is pleased to announce that it has signed a non-binding letter of intent (the “LOI”) dated July 31, 2026 with Cyprus Pharmaceutical Organization Ltd. (“CPO Cyprus”) regarding the proposed exclusive distribution of VIVI Cap™ and VIVI Epi™ in Cyprus.

    Under the LOI, TempraMed proposes to appoint CPO Cyprus as the exclusive distributor of VIVI Cap and VIVI Epi in Cyprus, subject to the execution of a definitive distribution agreement and CPO Cyprus’s compliance with minimum purchase obligations. The specific transfer prices and first-year minimum combined unit commitment have not yet been finalized and are to be established in the definitive agreement.

    To maintain the proposed exclusivity, CPO Cyprus would be required to increase its total annual combined purchases of VIVI Cap and VIVI Epi by no less than 20% year over year. The LOI provides a 90-day period from July 31, 2026 for the parties to negotiate and conclude a definitive agreement, unless extended by mutual agreement.

    CPO Cyprus was founded in Nicosia in 1928 and, according to CPO Group, has grown to rank among the 20 largest trading firms in Cyprus. The company is an importer, distributor and exclusive agent across the health, beauty, personal-care and food sectors, with products ranging from pharmaceuticals to specialized medical instruments and hospital equipment.

    TempraMed believes CPO Cyprus’s healthcare-market experience, established local relationships and distribution capabilities make it a strong prospective partner for the Company’s entry into Cyprus.

    The proposed relationship supports TempraMed’s strategy of expanding through experienced local partners that can navigate country-specific healthcare channels and build sustained product adoption. If a definitive agreement is completed, Cyprus would become an additional European market for two of TempraMed’s commercial medication-protection products.

    “CPO Cyprus is exactly the kind of established, market-facing partner we want as we expand TempraMed’s global commercial footprint,” said Ron Nagar, Founder and CEO of TempraMed. “With roots in Cyprus dating back nearly a century and broad experience across pharmaceutical and medical-product distribution, CPO Cyprus offers a strong prospective platform for introducing VIVI Cap and VIVI Epi nationwide. The proposed annual purchase-growth requirement reflects our intention to build this relationship for scale. We are focused on converting this LOI into a definitive agreement and, subject to completing that agreement and satisfying all applicable requirements, making Cyprus another meaningful market for TempraMed. This planned expansion further demonstrates the international relevance of our passive, battery-free technology for people who rely on temperature-sensitive medications.”

    About CPO Cyprus
    Founded in Nicosia in 1928 as C.A. Papaellinas & Co. and renamed Cyprus Pharmaceutical Organization in 1952, CPO Cyprus is the largest subsidiary of CPO Group and has grown to be among the 20 largest trading firms in Cyprus. The company operates as an importer, distributor and exclusive agent in the health, beauty, personal-care and food sectors. Its portfolio ranges from mass-market and pharmaceutical products to specialized medical instruments and hospital equipment. For more information, visit www.cpogroup.cy.

    About TempraMed Technologies Ltd.
    TempraMed Technologies Ltd. is a global medical-device company with a portfolio of innovative, temperature-controlled medication-storage solutions. Founded with the mission to safeguard the effectiveness of life-saving medications, TempraMed develops patented, FDA-registered thermal-insulation devices that operate continuously without batteries or external power. Its commercial product portfolio includes VIVI Cap™, VIVI Cap Smart™, VIVI Epi™ and VIVI Med™. TempraMed enables patients and healthcare providers to confidently manage temperature-sensitive medications anywhere, anytime.

    Investors interested in learning more about TempraMed are encouraged to contact the Company at:
    ir@tempramed.com
    www.tempramed.com

    Contact:
    Julia Becker
    Vice President, Capital Markets
    T: +1 (604) 785-0850
    E: julia@tempramed.com

    Media:
    Brenda Zeitlin
    Vice President, Marketing
    E: brenda@tempramed.com

    Cautionary Statements
    THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.

    This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “potential,” “should,” “strategy,” “will” and similar expressions, or statements concerning events or conditions that may occur in the future.

    Forward-looking statements in this press release include, without limitation, the negotiation, execution and timing of a definitive distribution agreement with CPO Cyprus; the terms of any such agreement, including transfer pricing, minimum purchase obligations and the conditions of exclusivity; the appointment of CPO Cyprus as exclusive distributor of VIVI Cap and VIVI Epi in Cyprus; the anticipated benefits of the proposed relationship; the Company’s strategy of expanding through local distribution partners and its ability to enter Cyprus and other European markets; the addition or renewal of distribution agreements in other jurisdictions; regulatory clearance and import requirements for the Company’s products in Cyprus; consumer adoption of the Company’s products; and the Company’s ability to expand its commercial presence in Cyprus.

    Forward-looking statements are based on the opinions, expectations and assumptions of management as of the date of this press release, including assumptions that the parties will successfully negotiate and execute a definitive distribution agreement on terms consistent with the LOI; that CPO Cyprus will satisfy the conditions to exclusivity; that required regulatory approvals and import clearances will be obtained; and that demand for temperature-protection solutions for injectable medications will continue.

    Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied, including: that the LOI is non-binding and there is no assurance that a definitive agreement will be entered into, or, if entered into, that it will be on the terms contemplated by the LOI or within the anticipated timeframe; the risk that the parties may be unable to agree on transfer pricing, minimum purchase commitments or other material terms; the risk that CPO Cyprus may not meet minimum purchase obligations or the 20% annual growth requirement, resulting in loss of exclusivity; regulatory approval and import requirements; competitive developments; market acceptance; general economic conditions; geopolitical risks; and other risks described in the Company’s public filings available on SEDAR+.

    Except as required by applicable securities laws, the Company undertakes no obligation to update or revise publicly any forward-looking statements.

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

  • WANPY Chicken Jerky Wins 2026 Pet Innovation Award as Latin America’s Pet Treat Market Moves Toward More Defined Premium Standards

    WANPY Chicken Jerky Wins 2026 Pet Innovation Award as Latin America’s Pet Treat Market Moves Toward More Defined Premium Standards

    LOS ANGELES, US – Media OutReach Newswire – 29 September 2026 – WANPY Chicken Jerky has won the 2026 “Jerky-Style Dog Treat of the Year” Award at the Pet Innovation Awards, highlighting the brand’s growing recognition in Latin America’s rapidly expanding pet treat market, where consumers are increasingly seeking products backed by transparent ingredients, nutritional value and clearly defined premium standards.

    The award comes as Latin America’s pet-care industry undergoes a significant transformation driven by the rising humanization of pets. According to Euromonitor, dog treats in the region achieved a 10% CAGR from 2018 to 2023, while 74% of Latin American pet owners consider their pets beloved family members. As a result, consumers are increasingly applying their own expectations around food quality and wellness to pet products, moving the category beyond simple indulgence toward more functional and value-driven offerings.

    The product’s proposition reflects the broader move toward more defined premium standards. WANPY Chicken Jerky contains 90%+ real meat, 40%+ protein and a 93%+ digestibility rate, and follows four formulation standards: Zero Artificial Preservatives, Zero Artificial Colors, Zero Grains & Gluten, and Zero Added Sugar & Attractants.

    Its manufacturing approach is also part of the proposition, incorporating Precision Fat Trimming, Gentle Tumbling, a 5D Freshness Lock and 24-Hour Low-Temperature Baking to support a real-meat texture, a natural aroma and a satisfying chew.

    The distinction is relevant in a market where “natural” and premium positioning are becoming increasingly valuable but also increasingly common. Across Latin America, products carrying natural or organic claims have commanded significant price premiums, making the ability to substantiate product positioning more important as consumers weigh quality against cost.

    The 2026 Pet Innovation Awards drew thousands of nominations from around the world across the pet-care sector. In comments on the winning product, Travis Grant, Managing Director of Independent Innovation Awards, highlighted its combination of high meat inclusion, nutritional density, digestibility, clean formulation standards and processing technologies.

    WANPY’s recognition comes as the Latin American pet market continues to balance two forces: consumers seeking better products for increasingly humanized pets, and greater scrutiny over the value attached to premium products. For the dog-treat category, that makes measurable ingredients, formulation and processing increasingly relevant to how quality is communicated and evaluated.

    Website: https://www.wanpy.com/

    Instagram: https://www.instagram.com/wanpy_global/

    Facebook: https://www.facebook.com/share/1DXhhxzyMs/?mibextid=wwXIfr

    Hashtag: #WANPY

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

  • MIHAS 2026 Delivers RM6.78 Billion In Sales, Expanding Opportunities For Malaysian Businesses And SMEs

    MIHAS 2026 Delivers RM6.78 Billion In Sales, Expanding Opportunities For Malaysian Businesses And SMEs

    KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 September 2026 – MIHAS 2026 has delivered a strong four-day performance, recording total sales of RM6.78 billion from 23 to 26 September 2026 — an increase of RM730 million or 12.0% compared with RM6.05 billion recorded in 2025.

    The achievement also exceeded the RM5.0 billion sales target by RM1.78 billion, or 35.5% increase, further reinforcing MIHAS’ role as a key halal marketplace for connecting Malaysian businesses with international markets and translating trade engagements into commercial opportunities.

    Commenting on the outcome, Dato’ Indera Abu Bakar Yusof, Chief Executive Officer of MATRADE, said, “MIHAS 2026 demonstrates that the platform is not only growing in terms of sales, but is also creating greater opportunities for Malaysian businesses, particularly Small and Medium Enterprises (SMEs), to access international markets. We remain committed to strengthening SMEs and Mid-Tier Companies (MTCs) to expand into global markets especially the emerging and non-traditional markets.”

    “The RM6.78 billion in sales achieved at MIHAS 2026 represents valuable opportunities. With the integration of Agentic AI, MIHAS is evolving into a more connected and digitally enabled trade facilitation ecosystem, helping Malaysian companies identify potential buyers, build meaningful business relationships and pursue new export opportunities beyond the exhibition floor. Under the MADANI Digital Trade Platform (MDTP), we shall provide Malaysian exporters with continuous connectivity with global buyers and support them in securing sustainable export opportunities,” he added.

    MIHAS 2026 attracted 69,104 visitors from 93 countries, up from 50,340 visitors in 2025 — an increase of 18,764 visitors or 37.3%, the highest since its inception in 2004. The event also brought together participating exhibitors and INSP buyers from 58 countries, further strengthening MIHAS’ international reach and appeal as a global halal trade exposition.

    The growth was supported by strong performance across the key components of MIHAS. The International Sourcing Programme (INSP) generated RM4.02 billion, compared with RM3.63 billion in 2025, representing an increase of RM394.5 million or 10.9%. INSP facilitates structured business meetings between Malaysian sellers and international buyers, creating targeted opportunities for sourcing, business matching and potential export transactions.

    Meanwhile, the MIHAS Exhibition recorded approximately RM1.99 billion, compared with RM1.89 billion in 2025, an increase of RM103.9 million or 5.5%. Among the top products driving exhibition sales were processed food and confectionery, food technology and packaging, frozen food, and fertilisers and agrochemicals, reflecting the diverse range of halal products showcased at MIHAS.

    Creating More Opportunities for Malaysian SMEs

    Importantly, the success of MIHAS is also reflected in its sustained contribution to Malaysian SMEs.

    At MIHAS Exhibition 2026, Malaysian SMEs generated RM620 million in sales, compared with RM557 million in 2025, representing an increase of approximately RM63 million or 11.3%. This builds on the strong growth recorded over the past six editions, with SME participation increasing from 64 companies in 2021 to 339 companies in 2026, representing a significant 429.7% increase.

    The strong performance of Malaysian SMEs comes against the backdrop of Malaysia’s growing halal export sector. Malaysia’s halal exports reached RM68.52 billion in 2025, an increase of 10.9% from RM61.79 billion in 2024. Under RMK13, Malaysia has set a target of RM80 billion in halal exports, highlighting the significant opportunity for Malaysian companies, particularly SMEs, to further expand into international markets.

    MIHAS 2026 continues to support this ambition by providing Malaysian SMEs with access to international buyers, business matching, sourcing opportunities and digital tools to expand their market reach and strengthen their export capabilities.

    AI Transforming Business Connections

    The 2026 edition also marked a significant step forward in MIHAS’ digital transformation through the integration of Agentic AI.

    More than 22,000 AI-assisted business appointments were generated during MIHAS 2026, demonstrating how AI is transforming the way businesses connect and pursue new trade opportunities.

    Of these AI-assisted appointments, 324 matches reported RM28 million in sales associated with these completed AI-assisted appointments.

    Importantly, the AI platform will continue to operate until 2027, enabling participating businesses to continue connecting, engaging with potential buyers and pursuing new trade opportunities beyond the four-day exhibition.

    Overall, MIHAS 2026 demonstrates how the trade platform is evolving beyond a conventional trade exhibition — combining strong sales performance, growing international participation, SME development and AI-powered business matching to create a more connected and digitally enabled trade facilitation ecosystem for Malaysian businesses.

    Hashtag: #MIHAS2026

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

    Malaysia International Halal Showcase (MIHAS) 2026

    Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for Halal trade and has helped strengthen the global industry’s position in Halal standards, governance, and market access.

    Recognised as a Guinness World Records holder and hosted by the Ministry of Investment, Trade and Industry (MITI) with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services, and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, will focus on regulated-by-design governance and technology-enabled trade.

    MATRADE

    The Malaysia External Trade Development Corporation (MATRADE) was established on 1 March 1993 as the national trade promotional arm under Malaysia’s Ministry of Investment, Trade and Industry (MITI).

    MATRADE’s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia’s commercial diplomacy efforts, MATRADE is the nation’s trade facilitator and champion of Malaysian-made products and services on the global stage.

  • Skyro Obtains Moneylending Licence in Malaysia Following Success in the Philippines

    Skyro Obtains Moneylending Licence in Malaysia Following Success in the Philippines

    KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 September 2026 – Skyro, a high-growth consumer finance group, today announced that its Malaysian entity now holds a moneylender’s licence issued by the Ministry of Housing and Local Government (KPKT), authorising it to conduct online moneylending in Malaysia, which will become its second market in Southeast Asia following the Philippines. The company plans to launch its first product in Malaysia, cash loans, in the coming months.

    Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.

    Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country’s consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.

    Arsen Liametov, Co-founder and Co-CEO of Skyro, said:

    “We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond.”

    With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.

    Nasim Aliev, Co-founder and Co-CEO of Skyro, said:

    “Ambitions shouldn’t have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending.”

    Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.

    Hashtag: #Skyro

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

    About Skyro

    Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.

    As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company’s ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.