Initiative combines timely support with continued investment in capabilities to support sustainable growth for businesses while maintaining access and value for buyers
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 April 2026 – Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, and a leading e-commerce platform in Brazil, today announced the launch of Shopee Lindung Niaga, a RM150 million initiative designed to support Malaysian micro, small, and medium enterprises (MSMEs) through practical measures across shipping, working capital and fulfilment.
RM150 Million support across three strategic pillars to help sellers manage costs, strengthen resilience, and better serve buyers
The initiative reflects a balanced approach to supporting buyers and MSMEs as they navigate an evolving operating environment. By combining timely support with continued investment in the tools and infrastructure businesses rely on, Shopee aims to contribute to stronger business resilience over time while maintaining consistent access and value for buyers.
As businesses adapt to changing conditions, Shopee Lindung Niaga focuses on supporting MSMEs in sustaining operations in the near term while investing in the capabilities needed to remain competitive over the longer term.
“Shopee Lindung Niaga is designed to provide practical support where and when it matters most, while continuing to invest in the systems and tools that small businesses rely on to operate and grow,” said Ian Ho, Vice President, Shopee Malaysia. “At the same time, it is important that buyers continue to have access to essential goods with consistency and reliability. Both are important to a healthy and balanced ecosystem.”
Supporting Transaction Momentum
Under the RM150 Million Shopee Lindung Niaga package, Shopee is delivering targeted support for buyers and qualifying local MSMEs across three strategic pillars:
1. Supporting transaction momentum through targeted support measures: Shopee is enhancing its support for transaction activity through a combination of logistics initiatives and targeted measures for key product categories.
The first is the introduction of no-minimum-spend free shipping vouchers, which support continued access to everyday needs and encourage purchasing activity. This, in turn, helps sustain demand and supports sellers in maintaining conversions.
Additional support is also provided for bulkier and higher-value items, such as furniture and home appliances. Through targeted voucher support for these categories, Shopee helps offset higher delivery costs and simplifies more complex shipping arrangements. This makes larger purchases more accessible for buyers, while enabling sellers in these segments to better serve demand and reach customers more effectively.
2.Easing access to working capital: Financing remains an important enabler for MSMEs. In partnership with Monee, Shopee is expanding access to working capital solutions, including SLoan for Sellers and Quick Funds.
Growth capital through SLoan for Sellers: Designed to facilitate over RM5 million in seller financing, alongside a 100% interest rate subsidy on the first installment for new users to support restocking and more agile business expansion.
Instant liquidity through Quick Funds: 50% off Advance Fees and a 20-day free trial for new users, giving sellers immediate access to earnings to manage cash flow cycles.
3. Strengthening Fulfilment Capabilities For Operational Flexibility: Shopee is also expanding access to Fulfilled by Shopee (FBS), enabling more sellers to utilise warehousing and logistics support that helps streamline operations.
Complimentary Six-Month Trial of Fulfilled by Shopee: Eligible sellers can access six months of complimentary FBS support, providing sellers greater flexibility in managing overheads and scaling operations, particularly during peak periods. This allows sellers to focus more on growing their businesses while maintaining service consistency.
Sellers using FBS have also seen an average uplift of around 20% in store traffic, reflecting improved visibility and access to platform features that help them reach more customers
For buyers, this translates into more reliable delivery timelines and a smoother overall shopping experience.
For sellers already leveraging these programmes, they have helped support business growth.
Nur Shafiqah Mokhtar, founder of children’s fashion wear store Dashboxx Solutions, said, “SLoan helped us quickly unlock the extra capital we needed to grow. Instead of slowing down due to cash flow gaps, we were able to ramp up our operations almost immediately as approval and disbursement was completed in under 24 hours.”
Stephen Beh, founder of baby and children’s essentials store Moo Baby, said, “Free shipping vouchers make a big difference for us. Customers are much more willing to complete their purchase when they don’t have to worry about delivery cost, especially for lower-ticket items. It really helps to push conversion and basket completion.”
Supporting Long-Term Competitiveness Through Digital Tools and AI
Beyond immediate support measures, Shopee continues to invest in tools that help sellers operate more efficiently and adapt over time, such as a Chat AI Assistant, Product AI Optimiser and AI Model Try-On, which help sellers improve efficiency, save time, and manage their businesses more effectively over the long term.
“Resilient businesses are built not only through timely support, but through continued investment in the capabilities, tools and partnerships that help them compete and grow over time,” concluded Ho.
Hashtag: #Shopee
The issuer is solely responsible for the content of this announcement.
About Shopee
Shopee is a leading e-commerce platform in Southeast Asia, Taiwan, and Brazil. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.
Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the digital economy, with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.
Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena, and Monee.
BINZHOU, CHINA – Media OutReach Newswire – 29 April 2026 – Boxing Port in Binzhou, east China’s Shandong Province, recently dispatched its first foreign trade shipment, with 300 tonnes of finished coil steel bound for the Philippines. The cargo departed for Manila Port, marking a breakthrough in the port’s international container business and opening a direct logistics channel from Boxing County and nearby areas to overseas markets.
Shandong Marine Group’s Boxing Port
The shipment, packed into 11 standard containers, was transported via inland waterways to Weifang Port for transshipment before continuing by sea to the Philippines. As Boxing Port’s first foreign trade operation, this launch provides local enterprises with a more efficient and cost-effective pathway to global markets.
As an inland river port, Boxing Port’s move into international shipping helps ease logistics bottlenecks and supports local industries in integrating into global supply chains. With more international routes in the pipeline and port functions steadily improving, the port is transitioning from a transport node into a regional hub for opening-up.
Looking ahead, Boxing Port will further expand its international shipping network, strengthen collaboration with customs authorities, shipping companies, and regional manufacturers, and promote the regular operation of foreign trade services. These efforts will inject new momentum into the global expansion of advanced manufacturing industries in northern Shandong and the broader Yellow River Basin.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
The issuer is solely responsible for the content of this announcement.
关于范式集团
范式集团（6682.HK）是领先的全栈AI云服务平台，提供包括先知AIOS、HAMi vGPU、信创模盒等高效AI基础设施，具备从底层异构算力纳管优化到智能体模型调用的全栈能力，赋能千行万业智能化转型，并致力于在AI 2.0时代打造高效规模化的”Token工厂”。范式以”AI for Everyone”为使命，作为”驾驭AI的领航者”，成为全球领先的通用人工智能科技公司。
HONG KONG SAR – Media OutReach Newswire – 28 April 2026 – Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced the launch of PhanthyModel, a powerful new AI tool built specifically for scientists, engineers, and developers.
By enabling AI to train and refine models, PhanthyModel tackles one of the biggest pain points in complex modeling: the long hours and heavy reliance on expert experience. The launch marks a significant step forward in the Company’s push toward “AI autonomous evolution.”
In research and industrial settings, modeling is a critical step for predicting outcomes, simulating experiments, and analyzing data. Traditionally, building a model often takes experts five to six hours or more to complete a single project. With PhanthyModel’s end‑to‑end automation, the same work can now be completed in about 10 minutes.
This innovation represents a fundamental shift in how AI works: moving from a passive assistant to an active collaborator that continuously learns and improves through real-world use. For organizations in scientific research, engineering, manufacturing, and data analysis, PhanthyModel significantly lowers the barriers to advanced modeling, accelerates experimentation and R&D cycles, and helps turn innovative ideas into reality much faster.
Hashtag: #Phancygroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Its offerings include SageAIOS, HAMi vGPU, and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. The Company provides a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting the Company’s vision of building a large-scale and efficient “Token Factory.”
Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in general-purpose artificial intelligence.
SHANGHAI, TIONGKOK – Media OutReach Newswire – 28 April 2026 – SIBUR, produsen polimer terbesar dari Rusia, berencana meningkatkan pasokannya sebanyak lima kali lipat ke negara-negara Asia pada tahun 2030, didorong oleh pertumbuhan kapasitas yang didukung terutama oleh peluncuran fasilitas produksi polimer besar terbaru yaitu Amur Gas Chemical Complex (AGCC), di Timur Jauh Rusia.
Dengan kapasitas tahunan sebesar 2,7 juta ton polimer dasar, AGCC akan menjadi fasilitas produksi polimer yang paling efisien di Rusia, dan salah satu dari fasilitas terbesar di seluruh dunia. Produk polietilena dijadwalkan akan dimulai pada tahun 2026, yang dilanjutkan dengan polipropilena pada tahun 2027. Peluncuran ini akan memungkinkan SIBUR untuk melakukan ekspansi besar-besaran atas kehadirannya di beberapa pasar utama di Asia Selatan dan Tenggara.
“Pasar-pasar yang berkembang di Asia menunjukkan pertumbuhan yang kuat dalam hal permintaan polimer, yang terutama didorong oleh industri kemasan, pelayanan kesehatan, dan higiene, serta investasi infrastruktur dan konstruksi yang cukup besar. Sebagian besar permintaan di wilayah ini terpenuhi melalui cara impor. Pengoperasian AGCC akan memungkinkan SIBUR untuk meningkatkan pasokan ke pasar Asia Selatan dan Tenggara sebanyak lima kali lipat pada tahun 2030 dibandingkan dengan level saat ini,” kata Natalia Burlina, Kepala Divisi Go-to-Market Proyek Baru SIBUR, dalam ChinaPlas SIBUR Conference di Shanghai yang ditujukan bagi pelanggan Asia Selatan dan Tenggara.
“Dalam beberapa tahun ini, kami telah memperkuat posisi kami di pasar Asia Selatan dan Tenggara. Kami terus menumbuhkan dan meningkatkan layanan pelanggan kami melalui penjualan lokal dan dukungan teknis.”
Konferensi tersebut juga membahas tentang berbagai opsi logistik untuk mengirimkan polimer AGCC ke pasar Asia, termasuk pengalihan muatan melalui pelabuhan Tiongkok dan pengiriman langsung dari pelabuhan Rusia ke pelabuhan tujuan.
Portofolio AGCC mencakup lebih dari 20 solusi untuk beberapa permintaan yang tinggi, seperti linear low-density polyethylene (LLDPE) atau polietilena linear berdensitas rendah untuk lapisan film kemasan; high-density polyethylene (HDPE) atau polietilena berdensitas tinggi untuk blow moulding (cetak tiup), injection moulding (cetak injeksi), lapisan film, monofilamen, dan pipa tekanan; benang polipropilena (PP) untuk tali rafia dan material nontenun; serta BOPP untuk aplikasi kemasan. Selain itu, berkat infrastruktur penelitian dan pengembangan serta praktik inovasi yang mapan, SIBUR siap untuk mengembangkan solusi yang disesuaikan secara khusus untuk memenuhi kebutuhan pelanggan.
Pasokan solusi polimer AGCC yang andal oleh SIBUR untuk pasar Asia akan menciptakan nilai bersama bagi para pelanggannya.
Hashtag: #SIBUR
The issuer is solely responsible for the content of this announcement.
THƯỢNG HẢI, TRUNG QUỐC – Media OutReach Newswire – Ngày 28 tháng 4 năm 2026 – SIBUR, nhà sản xuất polymer lớn nhất Nga, đặt mục tiêu tăng gấp năm lần nguồn cung polymer sang thị trường Nam Á và Đông Nam Á vào năm 2030. Kế hoạch này được thúc đẩy nhờ gia tăng năng lực sản xuất thông qua việc đưa một tổ hợp sản xuất polymer quy mô lớn mới – Khu phức hợp Hóa chất Khí Amur (AGCC) – vào vận hành tại khu vực Viễn Đông.
Với công suất khoảng 2,7 triệu tấn polyme cơ bản mỗi năm, AGCC dự kiến sẽ trở thành cơ sở sản xuất polyme hiệu quả nhất tại Nga, đồng thời thuộc nhóm tổ hợp sản xuất polyme lớn nhất toàn cầu. Tổ hợp này dự kiến sẽ bắt đầu sản xuất polyethylene vào năm 2026 và sẽ sản xuất polypropylene vào năm 2027. Việc đưa khu phức hợp AGCC vào hoạt động sẽ tạo điều kiện để SIBUR mở rộng đáng kể sự hiện diện tại các thị trường trọng điểm ở Nam Á và Đông Nam Á.
“Các thị trường mới nổi tại châu Á đang ghi nhận nhu cầu polyme tăng trưởng mạnh, chủ yếu nhờ động lực từ các ngành bao bì, y tế và vệ sinh, cùng với làn sóng đầu tư quy mô lớn vào lĩnh vực hạ tầng và xây dựng.” Phần lớn nhu cầu trong khu vực này hiện được đáp ứng bằng nguồn nhập khẩu. Phát biểu tại Hội nghị ChinaPlas của SIBUR dành cho khách hàng Nam Á và Đông Nam Á tổ chức tại Thượng Hải, bà Natalia Burlina, Trưởng phòng Thương mại hóa Dự án mới của SIBUR, cho biết: “Việc đưa khu phức hợp AGCC vào vận hành sẽ giúp SIBUR tăng gấp năm lần nguồn cung cho các thị trường Nam Á và Đông Nam Á vào năm 2030 so với mức hiện nay.”
“Trong những năm gần đây, chúng tôi đã củng cố vị thế tại các thị trường Nam Á và Đông Nam Á. Chúng tôi tiếp tục mở rộng hoạt động, đồng thời nâng cao chất lượng dịch vụ khách hàng thông qua mạng lưới bán hàng và hỗ trợ kỹ thuật tại địa phương.”
Nhiều phương án vận chuyển polyme từ khu phức hợp AGCC tới thị trường châu Á đã thảo luận tại hội nghị, bao gồm trung chuyển qua các cảng của Trung Quốc và vận chuyển trực tiếp từ các cảng biển của Nga tới các cảng đích.
Khu phức hợp AGCC cung cấp danh mục gồm hơn 20 dòng sản phẩm được thị trường ưa chuộng, như polyetylen mật độ thấp tuyến tính (LLDPE) dùng cho màng bao bì; polyetylen mật độ cao (HDPE) phục vụ cho lĩnh vực ép thổi, ép phun, sản xuất màng, sợi đơn (monofilament) và ống chịu áp suất; polypropylen (PP) dạng sợi dùng cho sản xuất sợi dệt và vật liệu không dệt và màng polypropylen định hướng hai chiều (BOPP) phục vụ các ứng dụng đóng gói. Bên cạnh đó, với nền tảng nghiên cứu và phát triển (R&D) vững chắc cùng các hoạt động đổi mới sáng tạo, SIBUR sẵn sàng phát triển các giải pháp thiết kế riêng nhằm đáp ứng nhu cầu của khách hàng.
Với nguồn cung các giải pháp polyme ổn định và đáng tin cậy từ khu phức hợp AGCC, SIBUR sẽ giúp mang lại giá trị gia tăng cho khách hàng tại các thị trường châu Á.
Hashtag: #SIBUR
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 28 April 2026 – Cyberport today signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), to establish a strategic partnership that strengthens innovation and technology (I&T) collaboration between Hong Kong and Thailand.
Cyberport today (28 April 2026) signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), to establish a strategic partnership that strengthens innovation and technology (I&T) collaboration between Hong Kong and Thailand. Witnessed by Simon Chan, Chairman of Cyberport and Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park, the MoU was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport and Professor Dr Sukit Limpijumnong, President of NSTDA.
This marks a significant milestone for both sides since their first collaboration in 2024. The partnership aims to build a collaborative framework between Cyberport and NSTDA acting through TSP, create a reciprocal market-access gateway to facilitate start-ups’ entry into both the Thai and Hong Kong markets through ecosystem support, soft landing initiatives, and cross market collaboration, as well as promote knowledge exchange, industry engagement, and joint initiatives in emerging technology sectors, including artificial intelligence, smart city solutions, and other digital technologies.
Cyberport today signed a Memorandum of Understanding (MoU) with National Science and Technology Development Agency (NSTDA) acting through Thailand Science Park (TSP), Group photo with Simon Chan, Chairman of Cyberport (centre-left); Dr Sukit Limpijumnong, President of NSTDA (centre-right); Ir Eric Chan, Chief Public Mission Officer of Cyberport (fourth from left); Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park (fourth from right); Parson Lam, Director of the Hong Kong Economic and Trade Office in Bangkok (third from left); Leung Kwan Ho, Associate Director, Hong Kong Trade Development Council (second from right); and Mr Joseph Koc, Ambassador of Thailand (third from right).
Witnessed by Simon Chan, Chairman of Cyberport and Dr Chularat Tanprasert, Executive Vice President of NSTDA and Director of Thailand Science Park, the MoU was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport and Professor Dr Sukit Limpijumnong, President of NSTDA.
Simon Chan, Chairman of Cyberport, said, “NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs.”
Simon Chan, Chairman of Cyberport, said, “Cyberport, as Hong Kong’s digital tech hub, AI accelerator and key incubator, supported companies to have expanded to Thailand, the broader ASEAN region along the Belt and Road, and over 35 markets worldwide. NSTDA and Thailand Science Park on our side will add strength to Cyberport’s ever-growing ASEAN alliances, paving the way to Hong Kong and Chinese Mainland companies to take a stronghold in ASEAN markets. We look forward to supporting high-potential companies from Thailand to capitalise on the vast markets in the Greater Bay Area and the wider Chinese Mainland, and global markets. This partnership significantly expands our bilateral collaborations in company soft-landing, ecosystem connection and proof-of-concept initiatives. Together we will continue to serve as a gateway to empower Asian innovators and attract worldwide entrepreneurs, to capitalise on new opportunities for digital economy and smart cities under the AI+ era.”
Professor Dr. Sukit Limpijumnong, President of NSTDA, said, “The collaboration is designed to establish practical mechanisms to support start-ups in expanding internationally, including market entry, industry partnerships, and pilot or proof-of-concept deployments. TSP and Cyberport have been working closely in recent years to support start-up growth, with a notable milestone being the success of Nano Coating Tech, a Thai deep tech start-up that was successfully admitted into Cyberport Incubation Programme.”
Professor Dr. Sukit Limpijumnong, President of NSTDA, said, “The collaboration is designed to establish practical mechanisms to support start-ups in expanding internationally, including market entry, industry partnerships, and pilot or proof-of-concept deployments. TSP and Cyberport have been working closely in recent years to support start-up growth, with a notable milestone being the success of Nano Coating Tech, a Thai deep tech start-up specialising in advanced nano coating solutions for industrial applications and solar panels, that successfully got admitted into Cyberport Incubation Programme for funding up to HK$500,000 and comprehensive support,”
NSTDA, as an autonomous government agency, manages Thailand’s leading tech park, Thailand Science Park (TSP). Established in 2002 as Thailand’s first and largest science and technology park, TSP is designed to promote I&T development and R&D activities. NSTDA’s ecosystem is anchored by five national research centres, namely National Centre for Genetic Engineering and Biotechnology (BIOTEC), National Metal and Materials Technology Centre (MTEC), National Electronics and Computer Technology Centre (NECTEC), National Nanotechnology Centre (NANOTEC), and National Energy Technology Centre (ENTEC).
Alongside these centres, TSP is home to over 120 technology companies, nearly 40 percent of which are international firms. This reflects TSP’s role as a regional R&D hub in ASEAN, trusted by both local and global technology companies that choose Thailand as a base for technology development. This is supported by a strong pool of talent and advanced testing infrastructure that meets international standards.
NSTDA has been a long-standing strategic partner of Cyberport through TSP since 2024. Both sides have co-created programmes, global landing initiatives and webinars, facilitated deep-tech start-ups joining Cyberport Incubation Programme, and facilitated Cyberport start-ups joining TSP for market expansion.
Today’s MoU establishes a framework for joint activities that will support start-ups and technology companies from both Hong Kong and Thailand ecosystems. Key initiatives include:
Support start-ups and technology companies recommended by either side in exploring market opportunities, establishing presence, and expanding operations within the respective innovative ecosystems.
Facilitate connection to relevant industry partners, research institutions, and corporate networks to support collaboration, investment opportunities, technology adoption, market entry, and business development expansion.
Encourage and support participation of start-ups in incubation programmes, entrepreneurship, ecosystem activities, community events organised by both sides.
Jointly organise and promote seminars, forums, networking activities, and knowledge-sharing initiatives to strengthen collaboration between the two ecosystems.
Explore and identify opportunities for start-ups to conduct pilot projects, technology demonstrations, or proof-of-concept initiatives with industry partners and prospective end users.
TSP will strengthen this collaboration through the “TSP Scale X Landing Programme” to fast-track international start-ups’ expansion into the Thai market, by connecting them to established partner networks and real industry demand in Thailand, while providing them with access to the country’s research and testing infrastructure.
Leveraging its role as a “super connector” and “super value-adder”, Cyberport continues to expand global partnerships to foster cross-regional growth of technology ecosystems and advance Hong Kong’s innovation on a global stage. In ASEAN, Cyberport has forged strategic collaborations with Indonesia’s Telkom University, Thailand’s Digital Economy Promotion Agency (DEPA), as well as Malaysia Digital Economy Corporation (MDEC), apart from alliances in the Middle East, East Asia and North America, further strengthening Hong Kong’s position as an international I&T hub. Hashtag: #Cyberport
The issuer is solely responsible for the content of this announcement.
About Hong Kong Cyberport
Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,300 companies, including 17 listed companies and 9 unicorns. One-third of onsite companies’ founders come from 27 countries and regions, while Cyberport companies have expanded to over 35 global markets.
Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 500 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.
Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.
SINGAPORE – Media OutReach Newswire – 28 April 2026 – The Institute of Singapore Chartered Accountants (ISCA) held its 2025/2026 Annual General Meeting (AGM) on 24 April 2026, where members reflected on a year of deliberate investment to strengthen member value and looked ahead to the priorities for the year ahead. The AGM also saw the election and appointment of the 2026 ISCA Council.
This year’s AGM saw members returning to Singapore to attend in person, alongside strong participation from those joining virtually.
A year of reset and strategic investment
In 2025, ISCA recorded its first operating deficit in a decade. This was the result of a deliberate decision to invest in areas that will strengthen the Institute’s long-term value to members and the profession. ISCA continues to maintain a strong financial position, with healthy reserves and a resilient balance sheet.
Rather than maintaining the status quo, ISCA undertook a year of reset and renewal, with spending focused on building stronger capabilities, growing the talent pipeline, expanding into new markets and building new growth engines.
ISCA emphasised that these investments were not made for growth alone, but more importantly, to better support members and provide greater member value in a rapidly evolving business and professional landscape.
Looking ahead, ISCA’s priorities remain clear: to deliver a better member experience, strengthen the talent pipeline and enhance its regional relevance. In 2026, the focus will be on ensuring that these investments translate into tangible and visible outcomes for members.
Expanding opportunities through internationalisation
At the AGM, ISCA Council and management addressed members’ questions on the institute’s plans to expand internationally. ISCA’s regional efforts are aimed at making it easier for members to access opportunities beyond Singapore. For members based in Singapore, this means more job opportunities, potential clients and partnerships across the region. For members based overseas, it means stronger local support and a more connected ISCA network where they live and work. ISCA CEO Ms Fann Kor cited an example of a member who had spent over 20 years building his career in China and was looking to return to Singapore. Through ISCA’s network, he was connected to a listed company seeking deep China experience, creating an opportunity that would otherwise have been difficult to access.
Progress across key areas
Despite being an investment year, ISCA reported progress across several areas:
Membership grew to 43,500, with 11% growth and a 98.3% renewal rate
ISCA House recorded 30,000 visits, with member satisfaction at 94%
Singapore Chartered Accountant Qualification (SCAQ) candidate numbers grew by 37%, including 400 overseas candidates
ISCA expanded its regional footprint to 12 overseas chapters across 9 countries, with 6 overseas offices and 3 Professional Services Centres
Chartered Accountants Lab (CA Lab) readership reached 39,000, across more than 30 countries
ISCA developed 8 AI agents and implemented 180 system enhancements to improve access and member experience
ISCA Academy delivered close to 199,000 Continuing Professional Development (CPD) hours, while reducing average cost per hour by 6% to $37.70
ISCA Cares marked its 10-year milestone, disbursing $1.5 million and supporting nearly 500 students
For the first time, SCAQ is being promoted beyond Singapore, making ISCA the first professional body in Asia to promote our national CA qualification overseas
The SCAQ was embedded in an overseas university for the first time, at Nanjing University of Finance and Economics
2026 ISCA Council Lineup
The newly-elected Council Members are:
Mr Alan Chang Chi Hsung, Managing Director, OA Assurance PAC
Ms Chua Siew Hwi, Senior Vice President, Changi Airport Group
Mr Quah Zheng Wei, CEO, Accredify Pte Ltd
Ms Tan Aik Na, Senior Vice President (Administration), Nanyang Technological University
Ms Yong Zen Yun, Partner, General Assurance Leader, Pricewaterhousecoopers LLP
The Council also appointed Ms Juliet Teo Juet Sim, Joint Head, Portfolio Development Group and Head, Ecosystem Enablement, Temasek Singapore Pte Ltd. Ms Teo was appointed for her expertise on how the finance profession is evolving in response to changing business models, sustainability priorities and global economic trends.
Office bearers
At the first Council meeting following the AGM, the ISCA office bearers were appointed. Mr Teo Ser Luck, immediate past president, was also appointed as ISCA Adviser.
President: Mr Lee Boon Teck
Vice Presidents:
Ms Ang Suat Ching
Ms Jocelyn Goh
Treasurer: Mr Song Yeow Chung
Secretary: Ms Judy Ng
Leadership perspectives
The newly elected ISCA President, Mr Lee Boon Teck, said: “The investments we have made over the past year lay the groundwork for a stronger, more connected profession. Our focus now is to ensure that every member, whether they are starting their career, leading an organisation, or building a practice overseas, can see and feel the difference ISCA makes. I am honoured to lead ISCA at this pivotal moment, and I look forward to working with the Council and our members to build on the strong foundations we have in place.”
ISCA Adviser and immediate past President Mr Teo Ser Luck said: “It has been a great privilege to serve ISCA, our members, and the accountancy sector over the past four years. This journey has been one of the most fulfilling I have ever embarked on. None of it would have been possible without an exceptional Council, a dedicated management team, and members who believed in what we were building together. My sincere appreciation to ISCA and our members for the opportunity to serve.”
ISCA CEO Ms Fann Kor said: “2025 was a year of deliberate investment to strengthen what matters most to our members and to the profession. We invested in the talent pipeline, member support, digital capability and regional connectivity so that ISCA can continue to stay relevant and useful in a changing environment. I would also like to thank Mr Teo Ser Luck for his leadership and contributions over the past four years. Under his stewardship, ISCA made meaningful progress in strengthening the profession, growing the Singapore CA Qualification and expanding our regional footprint. Management looks forward to working closely with the new Council to turn these investments into stronger outcomes and clearer value for members.
For the biographies of the elected office bearers, new and re-elected Council Members, please click here. Hashtag: #DifferenceMakers #Accountancy #ISCACouncil #AGM
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Institute of Singapore Chartered Accountants (ISCA)
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.
ISCA supports over 43,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.
ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.
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