Dubai is preparing to award strategic contracts worth more than Dh55 billion for the expansion of Al Maktoum International Airport, marking a decisive step in turning Dubai World Central into the emirate’s main aviation gateway. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said work on the airport expansion was progressing in line with the […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 June 2026 – Malaysia’s wellness market is moving beyond traditional competition over ingredients, dosage, and pricing toward product-format experience, sustained use, and differentiated innovation. The Global Wellness Consumer & Product Trends Forum 2026 will hold a forum on June 23, 2026, in Kuala Lumpur. Under the theme “Defining the Next Generation of Health Industry,” the event will bring together Malaysian trade associations, leading distribution channels, and Taiwanese R&D teams to jointly explore market opportunities.
As a core component, James Pereira, general manager of MADSA, will share insights on Malaysian health industry regulations. Adrian Toh, CEO & Executive Director of R Pharmacy, will provide frontline retail channel observations regarding shifting consumer demands. Alex Liao, General Manager of Welbloom Bio-Tech, will represent Taiwan to share how format innovation effectively responds to brand differentiation, consumption experiences, and market compliance needs.
Faced with brands’ attention toward differentiated experiences, Welbloom Bio-Tech will showcase its proprietary, Halal-certified FRESH-Jelly® technology on-site, demonstrating the innovative application to make supplements more food-like. Through ingredient payload capacities, zero- or low-sugar designs, and customized flavor development, FRESH-Jelly® allows supplements to maintain functionality while becoming more enjoyable to consume regularly, providing Malaysian brands with a distinctive option beyond capsules and tablets.
With the rapid rise of Malaysia’s wellness consumer market, its mature distribution channels and exceptional potential for regional expansion are accelerating the country’s growth as a critical hub for the Southeast Asian health industry. Welbloom Bio-Tech states that this forum is a bridging platform connecting Taiwan’s manufacturing capabilities with Malaysian market insights, aiming to unlock commercially viable partnerships for both regions.
The event is organized by The PAGE, co-organized by Welbloom Bio-Tech and SEAbizs, and supported by NTBSA, MATRADE, R Pharmacy, and MADSA.
【Event Information】 Time: June 23, 2026, 09:30 – 14:00 Venue: The Zenith – Connexion Conference & Event Centre, Kuala Lumpur
Hashtag: #WelbloomBioTech
The issuer is solely responsible for the content of this announcement.
About Welbloom Bio-Tech
Welbloom Bio-Tech focuses on health supplement R&D, manufacturing, and dosage form innovation. Through forward-looking market foresight and robust R&D technologies, it provides one-stop services from formulation design and flavor development to manufacturing, assisting clients in Malaysia and Singapore to build highly competitive health supplements.
Rise vGPU + ModelHub Power China’s AI into the Heterogeneous Orchestration Era
HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – Frost & Sullivan, a globally renowned growth consulting firm, has released its “2026 AI Infrastructure Orchestration Platform White Paper”. The report recognizes Phancy Group’s Rise vGPU as a Tier 1 Leading Platform, the highest maturity tier in heterogeneous GPU orchestration. Phancy’s ModelHub also achieved the highest Overall Score in the enterprise-grade model management platform evaluation. This marks a significant endorsement of Phancy’s technological capability in heterogeneous AI infrastructure.
According to the white paper, as large model applications scale rapidly, China’s AI industry is facing structural challenges stemming from multi-chip coexistence. These include hardware heterogeneity, fragmented software stacks, persistently low GPU utilization (generally below 30%), and rising model adaptation complexity — all of which have become major bottlenecks for enterprise-scale AI deployment.
The report highlights a fundamental shift in AI infrastructure competitiveness – moving away from “single-chip performance” toward “cluster-scale system coordination.” At this critical juncture, Phancy has positioned itself as a leader in advanced orchestration through its full-stack AI infrastructure platform, offering a proven solution to heterogeneous compute challenges and helping drive China’s AI industry from “compute accumulation” into a new era of “compute orchestration.”
Phancy Rise vGPU: Tier 1 Leading Platform
In its assessment of mainstream AI infrastructure platforms, Frost & Sullivan defined Tier 1 criteria across three core dimensions: heterogeneous support, fine-grained control, and production-grade execution. Phancy Rise vGPU meets all three standards and has been recognized as a Tier 1 Leading Platform.
Rise vGPU transforms AI infrastructure from fragmented, low-efficiency device-level management to a unified software-defined control plane. Its key technology breakthroughs include:
Comprehensive Heterogeneous Management: Unified onboarding and management across more than 10 mainstream GPU/NPU vendors, including NVIDIA, Ascend, Cambricon, Hygon, and others.
Significant Utilization Improvement: Through safe oversubscription and time/space multiplexing, GPU utilization is increased from industry averages below 30% to 70%-90%.
Intelligent Precision Scheduling: Multi-dimensional scheduling algorithms based on priority, topology, load, and resource awareness to achieve optimal compute allocation.
Production-Grade SLA Assurance: The Deterministic Execution Layer delivers committed and auditable SLA guarantees for critical inference workloads.
Full Lifecycle Operability: Comprehensive monitoring, metering, and cost allocation capabilities that turn GPU resources into truly operable digital assets.
Model Hub: Highest Overall Score in Model Management Platform Evaluation
Beyond compute orchestration, the report underscores the strategic importance of enterprise-grade model management platforms. As a powerful complement to Rise vGPU, Phancy ModelHub enables enterprises to build a complete full-stack AI infrastructure — from compute to models and from resource scheduling to business delivery.
The white paper notes that Phancy ModelHub delivers leading performance in key areas such as Model & Chip Compatibility, Execution Stability & Performance, and Model-GPU Coordination & Scheduling, achieving the highest Overall Score. Through its unified model management and execution platform, ModelHub creates a seamless closed-loop process covering model onboarding, deployment optimization, inference services, and version governance — significantly lowering the barrier to model deployment and accelerating AI innovation.
Dr. Dai Wenyuan, Founder & CEO of Phancy, said: “The Frost & Sullivan white paper accurately captures the inflection point in AI infrastructure development. The recognition of Rise vGPU as a Tier 1 Leading Platform and ModelHub’s top Overall Score provide important authoritative validation of Phancy’s technology strategy and product strength. As a full-stack AI cloud service platform, Phancy believes the next wave of competitiveness in the AI industry will come from systematic improvements in compute orchestration efficiency. We will continue to focus on heterogeneous compute unified scheduling and model ecosystem operations, working closely with customers and industry partners to advance China’s AI industry from ‘compute accumulation’ to a true ‘compute orchestration’ era.”
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. Our offerings include Rise vGPU, ModelHub and SageAIOS, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide 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 our 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 Artificial General Intelligence.
SHANGHAI, CHINA – Media OutReach Newswire – 15 June 2026 – ACE ROBOTICS today announced that its open-source Kairos world model has achieved leading results across four global embodied-intelligence benchmarks: RoboTwin 2.0, LIBERO-Plus, WorldModelBench Robot and DreamGen. Kairos ranked first among evaluated world models and vision-language-action (VLA) systems on these benchmarks’ public leaderboards as of 12 June 2026, leading across the core capabilities of embodied intelligence, including complex robotic manipulation, scene-level generalization, physical-world modeling and zero-shot transfer. The project is openly available on GitHub, Hugging Face and ModelScope, giving researchers and developers a public reference point for the model, benchmark results and technical materials.
Tops Four Leading Benchmarks in World Generation & Prediction
Embodied intelligence faces a fundamental challenge: generalization. A robot must operate reliably in environments it has never seen, adapting to new lighting, layouts, objects, embodiments and noisy real-world conditions. While VLA models have become a prevailing approach by directly mapping perception and language inputs to robot actions, ACE ROBOTICS believes world models offer a more scalable path by explicitly learning the underlying dynamics of the physical world and predicting how environments evolve. Kairos is designed to validate that approach.
Leading scene-level generalization on LIBERO-Plus
One of Kairos’ most significant results comes from LIBERO-Plus, a scene-level generalization benchmark proposed by the Shanghai Innovation Institute with Fudan University, Tongji University and the National University of Singapore. It evaluates robustness under seven real-world variables: camera angle, robot embodiment, language instruction, lighting, background, sensor noise and spatial layout.
Kairos achieved an overall score of 89.0, ranking first among all evaluated world models and VLA systems. It surpassed leading VLA models including ACoT-VLA (88.0), Pi 0.5 (85.7) and ProGAL-VLA (85.5), as well as the Being-H0.7 world model (84.8). It also showed strong environmental robustness, with near-ceiling performance on lighting (97.7), noise (96.8) and background (95.8), and ranked highly on camera angle and language instruction.
According to ACE ROBOTICS, this marks the first time a world-model approach has outperformed leading VLA systems on LIBERO-Plus for scene-level generalization, pointing to a path where robots adapt to homes, factories, retail spaces and other environments with far less environment-specific retraining.
A compact model with strong physical modeling efficiency
On WorldModelBench Robot, a physical-modeling benchmark proposed by researchers from UC Berkeley, UC San Diego, NVIDIA and MIT, Kairos-4B achieved an overall score of 9.30, ranking first on the benchmark. With only 4 billion parameters, it outperformed larger systems including 28-billion-parameter Lingbot, 16-billion-parameter Cosmos 3, 14-billion-parameter Abot-PhysWorld and 5-billion-parameter Wan 2.2, setting a new record for parameter efficiency in embodied world models.
Kairos matched the top instruction-following score (2.36) of the 16-billion-parameter Cosmos 3 with about one quarter of the parameters, a fourfold efficiency gain. It scored 4.96 on physics adherence, with perfect marks on Newtonian mechanics and gravity, and a perfect score on temporal quality, reflecting strong temporal consistency and visual continuity over long horizons.
A unified architecture, not a modular pipeline
ACE ROBOTICS attributes Kairos’ performance to its native unified “multi-modal understanding-generation-prediction” architecture. Unlike modular approaches that stitch together separate components for world understanding, generation and prediction, Kairos integrates these within a single backbone that shares one global world state, reducing the information loss and coordination latency between modules for more consistent physical modeling, stronger long-horizon prediction and more reliable action planning.
ACE ROBOTICS first introduced this architecture in December 2025, and the broader industry is now converging on a similar path: NVIDIA’s Cosmos 3.0, introduced in 2026, adopts a comparable single-system design that brings vision reasoning, world generation and action prediction into one architecture. Built on this foundation, Kairos-4B is, in ACE ROBOTICS’ description, the first embodied world model able to drive a physical robot directly on-device, closing the perception-to-action loop without intermediate translation latency.
Leading on synthetic data transfer and complex robot manipulation
Kairos also ranked first on DreamGen Bench, a benchmark led by NVIDIA with the University of Washington, UC Berkeley and UCLA that measures how well synthetic data generated by world models transfers to unseen objects, behaviors and environments, a key predictor of downstream robot-training value. Kairos ranked first on both average physics adherence (AVG_PA 0.538) and overall average score (AVG_Score 0.618), and led globally on new-behavior execution and new-environment adaptation.
On RoboTwin 2.0, a demanding dual-arm manipulation benchmark proposed by Shanghai Jiao Tong University and the University of Hong Kong with Shanghai AI Laboratory, Kairos scored 96.1% — a state-of-the-art result on the benchmark’s public leaderboard as of 12 June 2026. Across the benchmark’s 50 complex two-arm tasks it scored 96.9% in clean scenarios and 95.2% in randomized scenarios, ahead of VLA models such as G0.5 (93.2) and starVLA (88.3) and world models including AIM (93.1), Fast-WAM (91.8) and MotuBrain (96.0).
From benchmark leadership to commercial deployment
Together, these results validate Kairos’ technical direction across the core dimensions of embodied intelligence, from physical-rule understanding and zero-shot generalization to environmental robustness and fine-grained dual-arm manipulation, supporting ACE ROBOTICS’ aim to move robots beyond task imitation toward physical-world understanding, long-horizon reasoning and real-world execution.
The results come as ACE ROBOTICS accelerates commercialization. The company says it has raised several hundred million U.S. dollars across financing rounds in the first half of 2026, including a recent Angel+ round backed by investors such as Geely Capital, Dachen Caizhi, Shenzhen Capital Group and the Shanghai Sci-Tech Innovation Fund, with existing shareholder SenseTime’s Guoxiang Capital increasing its stake. The proceeds will support continued world-model research and integrated hardware-software solutions for sectors including smart retail, security and inspection, tourism and hospitality.
“Embodied intelligence is the next era of AI, and a world model is the key to unlocking it,” said Wang Xiaogang, Chairman of ACE ROBOTICS. “Our mission is to give every robot a capable brain.”
The issuer is solely responsible for the content of this announcement.
About ACE ROBOTICS – Equipping robots with intelligent “brains” and engaging “souls”
ACE ROBOTICS is a pioneering robotics company dedicated to advancing the field of embodied intelligence. Through breakthrough technological innovations and deep insights into embodied intelligence scenarios, we aim to empower robots with the ability to autonomously understand and explore the physical world, thereby accelerating their commercial implementation.
The company pioneered the ACE R&D paradigm and built a vision-based “environmental data engine, real-world cognition, embodied interaction generalization” technology chain. Using full spatiotemporal and multi-perspective environmental capture as its engine, along with Kairos 3.0 – China’s first open-source and commercially applicable world model – plus the Embodied Foundation Model as its technical backbone, ACE ROBOTICS addresses core industry challenges such as data scarcity, common sense gaps, poor generalization, and limited versatility. Simultaneously, the company unveiled its flagship A1 Embodied Super Brain Module, accelerating the large-scale commercial deployment of embodied intelligence across diverse scenarios.
ACE ROBOTICS is both a technology pioneer and an ecosystem builder. Through strategic cooperation with top hardware manufacturers, cloud service providers, and vertical scenario partners, we have broken through the “model-hardware-scenario” industrial deadlock, providing standardized and customized solutions that are driving the development of China’s embodied intelligence industry.
Nintendo has reintroduced purchase checks for the multi-language version of the Switch 2 in Japan after detecting orders suspected of bulk buying, adding a fresh layer of control to one of the year’s most sought-after gaming devices. The Kyoto-based company temporarily halted sales of the Nintendo Switch 2 Multi-Language System on its official Nintendo Store and said future purchases would be limited to accounts showing at least […]
The Linux Foundation has launched OpenSharing, a vendor-neutral protocol aimed at standardising how companies exchange AI agents, models and data across platforms, marking a fresh attempt to curb fragmentation as enterprises move from pilot projects to production-scale agentic AI. The project, contributed by Databricks and now hosted under Linux Foundation governance, extends the Delta Sharing protocol beyond structured data into AI-era assets such as agent skills, machine-learning […]
Phishing is entering a leaner but more dangerous phase, as attackers use artificial intelligence, encrypted delivery and session hijacking kits to turn fewer attempts into higher-value intrusions. Zscaler’s ThreatLabz 2026 Phishing and Initial Access Report says overall phishing volume fell by about 20% year on year for a second consecutive year, but the decline masks a shift towards campaigns built for speed, credibility and credential theft. The […]
Arabian Post Staff -Dubai L’Oréal Middle East has signed the UAE Climate-Responsible Companies Pledge, placing the beauty group’s regional operations under a national framework that asks private companies to measure emissions, set reduction plans and align business decisions with the UAE’s Net Zero by 2050 pathway. The pledge was announced at the third L’Oréal For the Future Summit in Dubai, where the company positioned climate action, refillable […]
New Delhi has moved into crisis-management mode as the war in Iran raises fuel costs, strains the rupee and forces the Centre to balance energy security against its deficit-reduction pledge.
The latest response includes curbs on bulk diesel purchases at retail outlets, a willingness to let the fiscal deficit widen beyond the Budget target, and measures to pull in overseas capital as policymakers try to contain pressure on inflation, subsidies and the balance of payments. The measures mark a sharp shift from the calmer macroeconomic backdrop at the start of the financial year, when lower inflation and steady growth had given authorities room to focus on consolidation.
Retail fuel outlets run by public sector oil marketing companies have been told to cap high-speed diesel sales at 200 litres per customer or vehicle per day. The restriction, planned for up to 90 days, is aimed at preventing hoarding and stopping commercial users from shifting large purchases to retail pumps, where prices are lower than bulk supply rates. Diesel bought from retail outlets cannot be resold, and dealers have been asked to ensure that sales go directly into vehicle tanks or approved containers.
The decision followed a surge in purchases from retail pumps after the conflict in West Asia widened the gap between retail and bulk diesel prices. Trucking firms, contractors and other commercial users have sought cheaper supplies, adding pressure on state-run fuel retailers that already carry most of the retail burden. Diesel accounts for a large share of transport and farm fuel demand, making any disruption politically sensitive as the kharif sowing season approaches.
The fiscal impact is becoming harder to ignore. The Budget had set the fiscal deficit target for 2026-27 at 4.3% of gross domestic product, after 4.4% in the revised estimate for 2025-26. Officials are now prepared to tolerate a higher deficit, potentially around 4.8% of GDP, if subsidy costs and energy-related spending rise further. Fertiliser subsidies are also expected to climb as global input costs move up, while fuel-related tax and pricing decisions could reduce revenue flexibility.
Spending cuts across ministries are being examined, though the Centre is likely to avoid sharp reductions in capital expenditure unless market conditions deteriorate further. Infrastructure spending has been one of the main pillars of growth in the past few years, and cutting it too deeply would risk weakening private investment at a time when companies are already facing higher transport and raw material costs.
The rupee has become the other pressure point. It strengthened on Friday after Brent crude fell below $90 a barrel on hopes of a diplomatic breakthrough, but the currency remains vulnerable to oil spikes because India depends heavily on imported crude. The Reserve Bank of India has introduced measures to attract dollar inflows, including support for foreign currency deposits and lower-cost hedging routes for overseas borrowing by state-run companies. Large lenders are preparing dollar bond issues, and banks expect a stronger push to tap non-resident deposits over the coming months.
Inflation has also started to reflect the shock. Retail inflation rose to 3.93% in May from 3.48% in April, with food and fuel costs moving higher. The reading remains close to the central bank’s 4% target, but the risk is that higher diesel prices feed into freight, farm operations and food distribution. Any weak monsoon spell linked to El Niño conditions would add another layer of pressure.
Researchers reviewing federally backed evidence on alcohol and health have recommended that adults consume no more than one alcoholic drink a day, after finding no net health benefit from even low levels of regular drinking. The findings sharpen a long-running public health debate over whether moderate drinking can be considered safe or beneficial. The work, commissioned to inform the 2025-2030 US dietary advice, found that one drink […]
Somali football supporters have reacted with fury after World Cup referee Omar Abdulkadir Artan was denied entry to the United States despite holding a valid visa, turning what had been celebrated as a landmark moment for Somali sport into a wider dispute over immigration policy and football’s global reach. Artan, regarded as one of Africa’s leading match officials, had been due to take part in the 2026 […]
Autonomous email agents are emerging as a fresh enterprise security risk after a laboratory test showed an OpenClaw-based assistant forwarding cloud credentials and business records in response to ordinary phishing-style messages. The controlled exercise centred on an AI agent named Pinchy, configured on the OpenClaw platform to monitor a Gmail inbox, process messages and perform tasks through connected workplace tools. The test environment used synthetic corporate material, […]
Trad. Fi and W3 are preparing a $650 million private-credit programme aimed at moving equipment-financing loans for businesses onto public blockchain infrastructure, marking a fresh push to connect real-economy lending with automated capital workflows and tokenised settlement. The initiative targets a 48-month pipeline of lending assets tied to equipment purchases, with Trad. Fi originating credit and W3 providing artificial-intelligence agents to support risk assessment, due diligence and […]
16-18 June 2026, at Sands Expo & Convention Centre, Marina Bay Sands, Singapore
TOKYO, JAPAN – Media OutReach Newswire – 10 June 2026 – Tenchijin Inc., a space-tech innovator transforming sustainable water infrastructure management, is pleased to announce its participation in Singapore International Water Week 2026 (SIWW), one of the world’s premier platforms to share and co-create innovative water, coastal, and flood solutions to meet urban water and associated climate challenges.
Organized by Singapore International Water Week Pte Ltd, a subsidiary of PUB, Singapore’s National Water Agency, SIWW is Asia’s premier global platform for co-creating innovative water solutions. Held biennially, the event is expected to gather over 2,500 global leaders, experts, and practitioners from governments, utilities, academia, and industry to share best practices, showcase the latest technologies, and harness business opportunities.
As a cornerstone of the event, the SIWW2026 Water Expo serves as the pre-eminent marketplace for urban water technologies, innovations, and solutions tailored for municipal and industrial water users across Southeast Asia. Organized by Messe München in cooperation with IFAT, the Expo connects the full water value chain—from advanced treatment, reuse, and desalination to digital solutions and climate-resilient coastal protection. Taking place from 16–18 June 2026 at the Sands Expo & Convention Centre, Marina Bay Sands, Singapore, the Expo is expected to welcome over 24,000 trade visits, making it Asia’s leading business platform for sustainable water management.
Tenchijin will showcase “KnoWaterleak,” our water leakage assessment and management platform, at the exhibition booth. Additionally, Yohei Nishiyama, VP of Business Development, will speak as a guest panelist in the Technology Forum, sharing insights on sustainable water management solutions driven by AI and space technology.
Event Overview ■ Organizer: SIWW: Singapore International Water Week Pte Ltd/Water Expo: Messe München ■ Date: SIWW: 15–18 June 2026 / Water Expo: 16–18 June 2026 ■ Venue: Sands Expo & Convention Centre Marina Bay Sands, Singapore ■ Event URL: https://www.siww.com.sg/
Tenchijin-SIWW Water Expo ■ Date: Water Expo: 16–18 June 2026
[Exhibition Booth] ■ Booth Number: B2-N08PIC
[Panel Discussion] ■ Tenchijin’s Panelist: Yohei Nishiyama, VP of Business Development ■ Date: 16 June, 1:00pm – 2:00pm (Technology Forum) ■ Venue: Hall E, Level B2 ■ Discussion Theme: “Reactive to Predictive: AI Applications in Managing Aging Water Infrastructure”
With much of the world’s water infrastructure aging rapidly, the cost of reactive management is no longer sustainable. This panel examines real-world AI applications—from predictive leak detection to asset performance modeling—that help utilities anticipate failures, prioritize investments, and transition toward proactive, data-driven operations that improve efficiency and long-term infrastructure resilience.
Panelists: ・Shanmugavel Subramaniam, Water and Wastewater Segment Leader, Schneider Electric ・Yohei Nishiyama, VP of Business Development, Tenchijin Inc.
The issuer is solely responsible for the content of this announcement.
Tenchijin Inc.
About Tenchijin KnoWaterleak KnoWaterleak is an innovative platform that harnesses satellite data and AI to predict and prevent water infrastructure risks. The system analyzes space-derived data to identify potential leaks within 100-meter square zones, providing unprecedented insights through a 5-level risk evaluation system.
Through continuous AI learning and data collection, the platform demonstrates efficiency in sustainable water management. This technology has earned recognition from Japan’s Ministry of Health, Labour and Welfare at the 7th Infrastructure Maintenance Grand Prize.
About Tenchijin Inc. Tenchijin Inc. is a space-tech innovator leveraging satellite data and AI to detect hidden water infrastructure risks, predict potential leaks, and drive more sustainable, efficient water management through space-derived insights. Our flagship product, KnoWaterleak, combines satellite technology with advanced AI algorithms to proactively identify and prevent costly infrastructure failures, enabling organizations to manage their water systems more sustainably.
Company Overview:
Company Name: Tenchijin Inc.
Address: 5F, Nihonbashi 1-chome Mitsui Building, 1-4-1 Nihonbashi, Chuo-ku, Tokyo, Japan
Representative: Yasuhito Sakuraba, CEO
Business Content: Land evaluation consulting using satellite data
Website: https://knowaterleak.space/
For inquiries regarding the expansion of Tenchijin COMPASS KnoWaterleak globally: Asia Business Development Representative: [email protected]
SINGAPORE – Media OutReach Newswire – 9 June 2026 – Credit Bureau (Singapore) Pte Ltd (CBS) and Experian Information Services (Malaysia) Sdn. Bhd. (Experian Malaysia) have signed a Memorandum of Understanding (MOU) to develop a two-way cross-border credit reporting service between Singapore and Malaysia.
From left to right: Ms. Dawn Lai, Chief Executive Officer of Experian Information Services Malaysia and Mr. William Lim, Executive Director of Credit Bureau Singapore
The MOU establishes a framework for collaboration to facilitate consented cross-border credit report applications for individuals with financial footprints in either country. The initiative aims to enhance financial inclusion, strengthen credit risk assessment, and support the growing economic integration between the two neighbouring markets.
Singapore and Malaysia share one of ASEAN’s most dynamic economic relationships, with bilateral trade regularly exceeding SGD 100 billion annually. Both countries maintain deep labour, education and business linkages, supported by strong digital infrastructure and rapidly growing digital financial services ecosystems.
The collaboration is strategically aligned with the Johor-Singapore Special Economic Zone (JS-SEZ), which places strong emphasis on digital industries, data-driven enterprises and technology-enabled services. As the digital economy accelerates cross-border business models, including fintech, e-commerce, digital banking and platform-based SMEs, trusted cross-border credit infrastructure will be critical to enabling secure digital onboarding, responsible lending and seamless access to capital across both markets.
Under the MOU, CBS and Experian Malaysia intend to collaborate on a cross-border initiative that enables the structured and secure exchange of individual credit information between the two markets.
The proposed framework will define:
The operational roles of the “Source Bureau” and “Processing Bureau” in generating and facilitating cross-border credit data applications
Secure mechanisms for obtaining and managing consumer consent for a one-time release of the credit report
Personal data protection and compliance safeguards in accordance with applicable laws
Commercial and governance models to support sustainable implementation
For consumers, the initiative is expected to improve access to financial products by enabling lenders to consider verified credit histories of individuals from across the border. This may particularly benefit digital-native workers, entrepreneurs and professionals whose financial footprints span both jurisdictions. As more individuals build financial footprints on both sides of the Causeway, the ability to securely and responsibly reflect their credit history across borders becomes increasingly important. A structured cross-border credit reporting framework can help ensure that consumers are assessed more fairly and comprehensively, rather than being treated as “new-to-credit” applicants when they move between Singapore and Malaysia.
For financial institutions, access to cross-border credit data can provide a more holistic view of an applicant’s financial obligations, supporting stronger digital underwriting, reduced cross-border fraud risk and more confident expansion into adjacent markets. Improved cross-border data transparency may also enhance operational efficiency and portfolio resilience in increasingly digital lending environments.
CBS and Experian Malaysia emphasised that data protection, regulatory compliance, and consumer consent are foundational to the initiative. Both parties are committed to working within their respective legal and regulatory frameworks and engaging relevant authorities to facilitate responsible implementation. The MOU also contains confidentiality provisions governing information exchanged in the course of collaboration.
Mr. William Lim, Executive Director of Credit Bureau Singapore, said:
“As individuals and businesses operate more seamlessly across Singapore and Malaysia, credit information systems must evolve to reflect cross-border realities. This collaboration represents an important step towards enabling more seamless and responsible access to credit for consumers.”
Ms. Dawn Lai, Chief Executive Officer of Experian Information Services Malaysia, added: “Trusted data collaboration is key to strengthening digital financial ecosystems. By working together, we aim to enhance financial inclusion, improve risk transparency and support sustainable growth across both markets.”
Mr. Vincent Yap, CBS Board Chairman & Group Chief Credit Officer, Consumer Credit Risk Management of Oversea-Chinese Banking Corporation, said “The access to cross-border credit data can provide a more comprehensive view of an individual applicant’s financial obligations, supporting more accurate risk assessment outcomes, reduced cross-border fraud risk and promote seamless access to capital across both markets.”
Hashtag: #Experian
The issuer is solely responsible for the content of this announcement.
About Credit Bureau (Singapore) Pte Ltd (www.creditbureau.com.sg)
Credit Bureau (Singapore) Pte Ltd (CBS), a subsidiary of Credit Bureau Asia Limited (CBA), is Singapore’s most comprehensive consumer credit bureau that has full-industry uploads from financial institutions such as retail banks, merchant banks, finance companies and credit card issuers licensed by the Monetary Authority of Singapore (MAS). CBS is a joint venture between The Association of Banks in Singapore (ABS) and Infocredit Holdings Pte Ltd.
The setting up of a consumer credit bureau in Singapore is a significant addition to enhance the Republic’s risk management capability. Since 2002, the Banking Act, administered by the Monetary Authority of Singapore, has allowed CBS members to disclose and obtain credit-related information to mitigate consumer credit risk through information pooling from CBS. From 2021, credit bureaus that conduct consumer credit reporting businesses in Singapore, such as CBS, are regulated under the Credit Bureau Act 2016.
As part of consumer credit reporting business, CBS aggregates credit-related information amongst participating members and presents a more complete risk profile of a customer to credit providers. This helps credit providers to determine the likelihood of the customer repaying, thus enhancing their risk assessment capabilities. Our goal is to also educate and reach out to the wider community on the importance of credit reputation.
CBS has also been designated by the Ministry of Law as the operator of the Moneylenders Credit Bureau (MLCB) under Section 56 of the Moneylenders Act.
MLCB is a central repository of data on borrowers’ loans and repayment records with all licensed moneylenders (LMLs) in Singapore. It will allow LMLs to assess the creditworthiness of borrowers and make informed decisions when granting loan applications. MLCB will also help borrowers to understand their loan information report so as to work towards achieving better financial health.
About Credit Bureau Asia Limited (www.creditbureauasia.com) Credit Bureau Asia Limited (CBA) is a leading player in the credit and risk information solutions market in Southeast Asia. CBA provides credit and risk information solutions to an extensive client base of financial institutions (“FI”), multinational corporations, telecommunication companies, government bodies and public agencies, local enterprises and individuals across Singapore, Malaysia, Cambodia and Myanmar. CBA’s business has two core segments, the FI Data Business and the Non-FI Data Business, covering both consumer and commercial credit risk information.
As at 31 December 2024, the Group has more than 255 financial institution members across Singapore, Cambodia and Myanmar, including banks, microfinance institutions, leasing companies and rural credit operators.
For its Non-FI Data Business, the Group has more than 6,000 enterprise customers, ranging from multinational corporations to small and medium-sized enterprises. CBA’s Non-FI Data Business operates in Singapore and Malaysia, where enterprise customers can access a wide range of business information and risk management services, sales and marketing solutions, and commercial insights. CBA combines data sourced from a variety of publicly accessible registries, Dun & Bradstreet’s extensive international network, as well as information contributed by businesses which subscribe to CBA’s payment bureau services. The Group has access to a database of more than 580 million business records globally.
CBA was named in Forbes Asia’s 2025 “Best Under A Billion” list, marking the second consecutive year that CBA has been named among the top 200 top-performing publicly listed small and mid-sized companies across the Asia-Pacific region.
About Experian (www.experianplc.com)
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate. A FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 25,200 people across 33 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.
Focus on Data Governance to Help Hong Kong Enterprises Build Trusted AI Decision-Making Capabilities
HONG KONG SAR – Media OutReach Newswire – 9 June 2026 – FanRuan Software, a leading business intelligence (BI) software brand in the Asia-Pacific region, today held the “FANRUAN DATA & AI SUMMIT 2026” at the Kowloon Shangri-La Hotel. Themed “Data Shapes AI, AI Redefines Decisions,” the summit brought together enterprise representatives and technology experts from industries including finance, construction, retail, and manufacturing to explore practical pathways for enterprise data governance, BI applications, and intelligent decision-making in the AI era.
FANRUAN DATA & AI SUMMIT 2026 Data Shapes Al, Al Redefines Decisions
At the event, FanRuan highlighted that as generative AI and intelligent analytics tools accelerate their entry into enterprise scenarios, the focus of Hong Kong businesses has shifted from “whether to adopt AI” to “whether AI can truly support business judgment and management decisions.” In an environment characterized by multiple coexisting systems, complex cross-departmental collaboration, and heightened compliance and access control requirements, enterprises lacking a consistent, accurate, and traceable data foundation will find it difficult for AI to produce analytical results trusted by management.
Therefore, FanRuan proposed an enterprise AI implementation pathway of “Governance First, Intelligence Second,” emphasizing that AI’s value stems not only from model capabilities but also depends on whether enterprises possess a governable, verifiable, and sustainably usable data foundation.
AI Applications Enter Deep Waters: Data Governance Becomes a Critical Prerequisite
In recent years, Hong Kong enterprises have actively explored AI applications in operational management, financial analysis, procurement decisions, customer engagement, and risk control. However, in actual implementation, many companies still face challenges such as data fragmentation, inconsistent metrics, system silos, and complex access controls.
For enterprises, the true value of AI lies not merely in generating answers, but in its ability to help managers faster understand business changes, diagnose problems, and take action based on trusted data. If underlying data sources are untraceable, metric definitions are inconsistent, or different departments maintain separate versions of data for the same business issues, even advanced AI tools will struggle to form analytical bases credible to decision-makers.
FanRuan believes that enterprise AI applications are moving from tool experimentation into the deep waters of business operations. In the future, the key to successful AI adoption within enterprises hinges on whether they can first establish a clear, stable, and manageable data governance foundation.
From Standardization to Intelligent Analytics: FanRuan Presents an Enterprise AI Implementation Pathway
Addressing enterprise needs to progress from data governance to intelligent decision-making, FanRuan showcased its “Governance First, Intelligence Second” implementation approach at the summit, helping enterprises sequentially build comprehensive capabilities from data standardization and BI applications to AI analytics.
First, at the data standardization level, FanRuan provides standardized analytics templates across multiple industries through Fine Gallery (App Marketplace), assisting enterprises in rapidly establishing consistent metric definitions and analytical frameworks. For companies whose data architectures still require refinement, standardized analytics scenarios serve as a starting point for building a Single Source of Truth (SSOT), reducing cross-departmental communication costs and enhancing the reusability of data applications.
Second, at the BI application level, FanRuan helps enterprises transform data scattered across ERP, finance, procurement, project management, CRM, and other systems into reports, dashboards, and analytical charts usable by both management and business teams. Through consistent data presentation and access control management, enterprises can more effectively grasp operational conditions, transforming data from backend records into daily management tools.
Building on this foundation, FanRuan further demonstrated Dora Data Agent, an AI-powered data analytics assistant designed for enterprise management and business analysis scenarios. Based on governed enterprise business data, Dora assists users in conducting multi-dimensional root-cause analysis, anomaly interpretation, and issue diagnosis. When enterprises face performance fluctuations, cost variations, procurement anomalies, or deviations in operational metrics, Dora helps managers shorten the time from “problem discovery” to “cause diagnosis,” making AI analytics more aligned with actual business objectives and decision-making contexts.
Deepening Presence in Hong Kong Market to Drive AI Data Analytics Adoption
FanRuan stated that for AI applications to deliver long-term value within enterprises, reliance on single tools is insufficient; supporting data governance methodologies, talent training, and localized service support are equally essential. For the Hong Kong market, FanRuan will continue to advance its digital talent certification system, helping enterprises reduce dependence on individual technical staff experience, enabling more business and management personnel to acquire data analytics capabilities, and gradually fostering an organizational culture where “everyone can understand data and use data for decision-making.”
As Hong Kong enterprises accelerate their digital transformation, the key to successful AI adoption will be how to transform data scattered across different systems, departments, and processes into decision-making assets trusted by management and routinely used by frontline business operations. Moving forward, FanRuan will continue to center on the “Governance First, Intelligence Second” core pathway, helping Hong Kong enterprises lay a solid data foundation for the AI era and establish more robust decision-making advantages. Hashtag: #FanRuan #DataGovernance #ArtificialIntelligence #BusinessIntelligence #DoraDataAgent #DigitalTransformation #HongKongTech #TrustedAI #DataAnalytics
The issuer is solely responsible for the content of this announcement.
About FanRuan Software
As the leading all-in-one Data Analytics & BI platform, FanRuan empowers enterprises worldwide to bridge the gap between raw data and strategic action. Founded in 2006, FanRuan serves over 43,000 clients globally through 50 strategic branches, combining international leadership with localized expertise to help organizations transform information into lasting business value. With over 5 million daily users across industries including finance, construction, manufacturing and retail, FanRuan provides the future-ready foundation for sustainable growth. For more information, please visit https://www.fanruan.com/en
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Thousands of Central Board of Secondary Education Class 12 students have pressed for grace marks and a waiver of post-result fees after complaints of evaluation errors, portal glitches and delayed access to answer sheets placed their college admissions under fresh strain.
The demand has gathered pace across student networks, parent groups and coaching circles after candidates reported unusually low marks, unchecked answers, blurred scanned copies, payment failures and difficulty accessing the board’s post-result services. Many students say the burden of paying for verification and re-evaluation should not fall on candidates if the discrepancies arose within the evaluation system.
The dispute is centred on the board’s On-Screen Marking system, introduced for Class 12 answer books in the 2026 main examinations. CBSE has described the system as a technology-led reform intended to improve standardisation, accuracy, confidentiality and speed in evaluation. Students and parents, however, argue that the transition has exposed gaps in implementation at a time when even small changes in marks can affect eligibility, merit lists, counselling and scholarship decisions.
By June 5, CBSE had received more than 60,000 applications for verification and re-evaluation from Class 12 students across the country. The volume of requests has underlined the scale of unease after the declaration of results, particularly among students applying for engineering, medicine, commerce programmes and overseas universities, where documentation deadlines can be tight.
CBSE reduced the cost of post-result services after concerns were raised over access and affordability. The fee for obtaining a scanned copy of an evaluated answer book was cut from ₹700 to ₹100. The verification fee was lowered from ₹500 to ₹100, while the re-evaluation charge was reduced from ₹100 to ₹25 per question. The board has also said the fee will be refunded if marks increase after re-evaluation.
Students seeking redress must first obtain their scanned answer sheets before applying for verification or re-evaluation in the relevant subject. Applications are being handled through the official post-result portal, with Aadhaar-based verification added for security. CBSE has said answer sheets are available in candidate accounts and may also be sent to registered email addresses.
The fee reduction has not ended the dispute. Students argue that a refund after marks increase does not address the wider issue of upfront cost, uncertainty and loss of admission time. Families applying in multiple subjects may still have to pay for several stages of the process, while those waiting for revised marks risk missing cut-off dates at universities and professional institutions.
Technical concerns have widened the controversy beyond marks alone. CBSE acknowledged vulnerabilities linked to a portal used for scanned answer sheets after claims that answer booklets and examination papers had been exposed through an unsecured cloud storage route. The board said cybersecurity professionals from government agencies and IITs were being deployed to strengthen digital assets and move systems to a safer infrastructure.
The episode has also triggered questions about the service provider handling the digital evaluation process. Coempt Edutek Private Limited, a Hyderabad-based company associated with the On-Screen Marking framework, has come under scrutiny as students, parents and political figures call for greater transparency in the tendering, scanning, storage and review process. CBSE has maintained that the digital system includes quality checks and is meant to make evaluation more consistent.
Admission-related pressure has sharpened the demand for swift relief. Engineering aspirants are especially concerned because Class 12 marks remain relevant for eligibility in several routes. IIT Roorkee, which is handling JEE Advanced admissions, has allowed candidates below the 75 per cent Class 12 threshold to participate in the seat allocation process, provided they submit a revised qualifying scorecard by July 15 if their marks change after re-evaluation.
Parents’ associations have sought a one-time package covering grace marks for affected students, fee waiver for post-result services and flexibility in admission documentation deadlines. Teachers and education consultants have urged CBSE to publish clearer data on how many answer sheets are revised after verification and re-evaluation, arguing that transparency would help restore confidence in the system.
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