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Nintendo is facing an unverified data-extortion claim after a threat actor alleged it obtained nearly 859MB of employee-linked corporate records and demanded $2 million to prevent publication. The claim, attributed to an online actor using the handle SHADOWBYT3$, centres on data allegedly connected to TINYpulse, an employee engagement and feedback platform associated with WebMD Health Services. The material is said to include workforce survey records, corporate email […]

XRP held near $1.22 on Tuesday, stabilising after a bruising sell-off as extreme bearish commentary around the token began drawing attention from traders looking for a contrarian rebound. The token’s sideways move followed a modest recovery of about 4 per cent over the past week, a gain that stood out against a cautious wider cryptocurrency market. Bitcoin and Ether also traded firmer, but investor conviction remained fragile […]

Shoppers can stand to win S$10,000 daily exclusively on foodpanda when ordering from Sheng Siong, while enjoying islandwide delivery within an hour

SINGAPORE – Media OutReach Newswire – 16 June 2026 – foodpanda, Singapore’s leading food and grocery delivery platform, today announced a partnership with Sheng Siong, bringing one of the nation’s largest supermarket chains exclusively onto its platform for on-demand grocery delivery.

(From left) Peter Tan, Senior System Architect, Sheng Siong Group; Lin Zi Kai, Director of Customer and Operations, Sheng Siong Group; Lin Ruiwen, Executive Director, Sheng Siong Group; Bhavani Mishra, Managing Director, foodpanda Singapore; Ricky Davda, Head of Marketplace, foodpanda Singapore; and Yingchun Li, Head of Marketing & Growth, foodpanda Singapore, at the launch of foodpanda's partnership with Sheng Siong
(From left) Peter Tan, Senior System Architect, Sheng Siong Group; Lin Zi Kai, Director of Customer and Operations, Sheng Siong Group; Lin Ruiwen, Executive Director, Sheng Siong Group; Bhavani Mishra, Managing Director, foodpanda Singapore; Ricky Davda, Head of Marketplace, foodpanda Singapore; and Yingchun Li, Head of Marketing & Growth, foodpanda Singapore, at the launch of foodpanda’s partnership with Sheng Siong

From 22 June 2026, consumers can order more than 12,000 grocery products and household essentials from 43 Sheng Siong outlets islandwide, with plans to progressively onboard more outlets. Orders can be delivered in an hour, bringing Sheng Siong’s signature value and budget-friendly savings straight to the doorstep.

“As grocery delivery becomes part of everyday life for more Singapore households, consumers are looking for trusted brands, competitive prices and the convenience of shopping on their own terms,” said Bhavani Mishra, Managing Director of foodpanda Singapore. “Sheng Siong has earned the trust of generations of Singaporeans, and we are excited to welcome this beloved household brand onto foodpanda. By bringing together Sheng Siong’s trusted value with foodpanda’s convenience, we are making everyday grocery shopping even more accessible for consumers across Singapore.”

The partnership comes as demand for quick-commerce continues to grow in Singapore. foodpanda has seen grocery order frequency increase by 7% since 2023, while the average number of items per order has risen by 8%. This points to a broader shift in shopping habits, with more consumers relying on on-demand delivery not just for last-minute top-ups, but for their regular weekly grocery runs.

Strengthening foodpanda’s grocery ecosystem

Complementing foodpanda’s network of pandamart stores and existing grocery partners, Sheng Siong further strengthens the platform’s grocery offering and expands access to affordable options for Singapore households.

As grocery baskets continue to grow, foodpanda is also investing in fulfilment capabilities to support larger and bulkier orders. This includes a three-wheeler delivery fleet with increased carrying capacity to improve fulfilment efficiency, helping customers receive their weekly essentials quickly and reliably.

Through the partnership, consumers can look forward to:

  • Access to over 12,000 grocery and household products from Sheng Siong
  • On-demand doorstep delivery in an hour
  • Additional perks for pandapro subscribers, including free delivery on applicable orders

Lin Ruiwen, Executive Director, Sheng Siong Group, said,”At Sheng Siong, our focus has always been on providing quality products at competitive prices for Singapore households. As more consumers embrace the convenience of online grocery shopping, partnering with foodpanda allows us to extend that value proposition beyond our physical stores and better serve our consumer’s needs.”

Celebrating the launch with daily S$10,000 giveaways and exclusive savings

To celebrate the partnership, foodpanda and Sheng Siong are rolling out one of foodpanda’s biggest grocery campaigns to date, with S$280,000 total in cash prizes to be won.

From 22 June to 19 July 2026, customers who order from Sheng Siong on foodpanda will stand a chance to win S$10,000 in cash awarded to one winner each day throughout the campaign (terms and conditions apply).

Shoppers can also enjoy exclusive launch discounts on foodpanda, including:

  • Up to 40% off selected Sheng Siong products
  • Additional rewards and promotions throughout the campaign period

Hashtag: #foodpanda #grocery #shengsiong #partnership #singapore

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

About foodpanda Singapore

foodpanda is a leading on-demand delivery platform in Asia dedicated to bringing consumers a wide range of food, groceries and more, quickly and conveniently. Powered by technology and operational excellence, foodpanda is spearheading the growth of quick-commerce (q-commerce) across the region with its network of retail partners, as well as pandamart cloud stores to provide more on-demand options beyond the millions of food delivery options. foodpanda operates across 10 markets in Asia Pacific – Singapore, Hong Kong, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, Laos, Cambodia and Myanmar. foodpanda is a subsidiary of Delivery Hero, a global leader of the food delivery industry. For more information, visit .

Oil prices slid to their lowest levels since March on Monday after Washington and Tehran said they had reached an initial deal aimed at ending the war and restoring traffic through the Strait of Hormuz, easing fears that months of disruption to one of the world’s most important energy corridors would deepen. Brent crude futures fell $4.08, or 4.7 per cent, to $83.25 a barrel by 0415 […]

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
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.”

Kairos is openly available on GitHub, Hugging Face and ModelScope:
https://github.com/kairos-agi/kairos-sensenova
https://huggingface.co/kairos-agi
https://modelscope.cn/collections/kairos-team/kairos30

Hashtag: #ACEROBOTICS


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.

Global peace has deteriorated for a 12th consecutive year as armed conflicts, military build-ups and geopolitical fragmentation deepen instability across much of the world, the 2026 Global Peace Index has found. The latest index, covering 163 countries and territories, recorded a 0.7 per cent decline in the average level of peacefulness over the past year, the 15th deterioration in 18 years. Ninety-nine countries became less peaceful, while […]

Mistral AI is in talks to raise about €3 billion at a valuation of roughly €20 billion, a potential deal that would sharply lift the Paris-based artificial intelligence company’s standing among Europe’s most valuable private technology groups. The discussions remain fluid and may still change in size, timing or investor composition. If completed near the terms being discussed, the financing would mark another significant jump for a […]

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By Dr. Nilanjan Banik The Indian economy, to quote from Charles Dickens’ novel, looks like A Tale of Two Cities. Recent estimates suggest India’s real GDP expanded by 7.8%, with strong growth noted across sectors: services (9.3%), manufacturing (10.7%), and construction (7.4%). Consumption expenditure, which is the largest component of GDP explaining 58% of GDP, […]

The article Big Indian Corporates Are Not Investing Despite Series Of Govt Incentives appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Greenlogue/AP Climate stress is tightening its grip on vulnerable communities across the Middle East and North Africa, where water scarcity, conflict, weak public services and economic pressure are combining to narrow the choices available to millions of people. The region’s exposure is no longer defined by heat and drought alone. Families in fragile rural districts, informal urban settlements, refugee camps and conflict-affected towns are being pushed into […]

SINGAPORE – Media OutReach Newswire – 12 June 2026 – LVL Music Academy has introduced a structured beginner string learning method designed to support students who are starting violin or cello lessons for the first time.

The framework brings together lesson planning, posture development, instrument handling, basic technique, and instrument setup guidance. It was developed in response to common challenges faced by beginner string students, including discomfort while holding the instrument, poor bow grip, inconsistent sound production, unsuitable instrument sizing, and difficulty building good practice habits in the early stages of learning.

Unlike some instruments where students can begin with fewer setup considerations, the violin and cello require careful attention to posture, hand position, bow control, instrument fit, and tuning stability from the start. For young beginners in particular, an instrument that is too large, poorly adjusted, or difficult to play can affect both progress and confidence.

LVL Music Academy’s method aims to make the early learning process more structured by connecting what happens in the lesson room with the physical condition and suitability of the instrument itself. The academy’s in-house luthier support allows teachers and staff to assess factors such as instrument size, bridge height, string condition, peg function, bow quality, and general playability where needed.

“Many beginner students struggle not because they are not musical, but because the instrument is difficult to manage or the early foundations are not clear enough,” said a spokesperson for LVL Music Academy. “For violin and cello, comfort, posture, instrument setup, and lesson structure all affect how a student learns. This method is designed to address those areas together rather than treating them separately.”

The beginner framework covers several core areas: posture and body awareness, correct instrument hold, bow hold development, left-hand position, rhythm, note reading, tone production, listening skills, and home practice guidance. Students are also guided on how to care for their instrument, tune safely with support, and understand when an instrument may need adjustment.

The approach is intended for children and adult beginners who are new to string instruments. It also provides parents with clearer guidance on what to expect during the early stages of violin or cello learning, including how to support practice at home and how to recognise whether an instrument is suitable for the student’s size and level.

LVL said the framework is part of its wider effort to make beginner string education more practical and better supported. By combining teaching, instrument guidance, and luthier knowledge under one roof, the academy hopes to reduce common early-stage barriers that can affect motivation and long-term progress.
Hashtag: #LVLMusicAcademy





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

About LVL Music Academy

LVL Music Academy is a Singapore-based music school, string instrument shop, and in-house luthier workshop located in Bukit Timah. The academy provides violin, cello, piano, viola, and music theory lessons for children and adults, alongside instrument sales, rentals, repairs, restoration, and professional setup support.

Founded with a focus on practical music education and proper instrument care, LVL Music Academy supports students from beginner to advanced levels through structured lessons, performance opportunities, examination preparation, and access to luthier guidance under one roof.

For more information, visit .

Arabian Post Staff -Dubai US forces struck military targets across Iran overnight, widening an air campaign that has pushed Washington and Tehran closer to open conflict as President Donald Trump warned that further attacks would follow unless a peace deal is secured. Central Command said the operation was completed about four hours after it began, shortly after midnight in Tehran, with strikes aimed at military surveillance assets, […]

Arabian Post Staff -Dubai Industrial and Commercial Bank of China Limited’s Dubai branch is marketing dual-currency green bonds, offering investors a dollar floating-rate tranche and a renminbi fixed-rate tranche as sustainable debt issuance continues to gain traction across Gulf capital markets. The proposed three-year dollar notes carry initial price guidance at the Secured Overnight Financing Rate plus 90 basis points, while the three-year offshore renminbi tranche is […]

Partnership with Korea Green Foundation and FIRA will help restore seagrass meadows off Geoje Island, supporting marine biodiversity, blue carbon habitats and local communities

BUSAN, SOUTH KOREA – Media OutReach Newswire – 11 June 2026 – DP World has launched its first global seagrass restoration initiative on Geoje Island in South Korea, supporting efforts to restore 2.4 hectares of coastal marine habitat over the next four years and enhancing marine biodiversity.

DP WORLD Seagrass restoration South Korea
DP WORLD Seagrass restoration South Korea

The initiative in South Korea was formalised through a Memorandum of Understanding (MOU) between DP World, Korea Green Foundation and the Korea Fisheries Resources Agency (FIRA). The MOU establishes a long-term collaboration focused on ongoing monitoring of seagrass meadows, the development of restoration approaches informed by scientific research, and continued cooperation between public, private and community stakeholders in the coastal waters of Dadae Village on Geoje Island.

The partnership was launched on World Ocean Day, with representatives from DP World, Korea Green Foundation, FIRA and the local fishing community helping to transplant approximately 6,000 seagrass shoots along the Dadae coastline. The project aims to restore up to 2.4 hectares of seabed over the next four years and is expected to benefit local communities by supporting marine productivity and fish catch potential.

Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, said: “Healthy oceans are essential to sustainable trade and thriving coastal communities. By restoring seagrass meadows in Geoje, we are helping protect one of nature’s most effective blue-carbon ecosystems while supporting marine biodiversity and local livelihoods. Together with the Korea Green Foundation and FIRA, we are supporting research, restoration and community engagement efforts that can deepen our understanding of these valuable marine ecosystems to strengthen the resilience of our coasts for future generations.”

Jung Tae-yong, Secretary General, Korea Green Foundation, said: “Seagrass meadows are an invaluable presence in supporting coastal ecosystems. They store carbon, help prevent coastal erosion and act as a breakwater for the ecosystem. This project goes beyond simple environmental protection, bringing together businesses, public institutions and local communities to expand practical marine-conservation models and public awareness of the importance of climate action.”

Seagrass meadows provide habitat for a wide range of marine species and contribute to the health of coastal ecosystems. They are recognised as an important blue carbon ecosystem because of their ability to absorb and store carbon naturally, making their protection and restoration an area of growing interest among researchers and conservation organisations.

The project will include ongoing monitoring and evaluation activities led by FIRA, alongside community engagement initiatives designed to support long-term stewardship of the restoration site. The partners also intend to build on the Geoje initiative through continued research, community engagement and public awareness activities that support understanding of marine ecosystems and coastal conservation.

This initiative builds on DP World’s broader sustainability efforts to support environmental stewardship and community resilience across Asia Pacific. From our flagship mangrove ecosystem restoration programme in Indonesia — aligned with DP World’s global commitment to restore and protect 280 hectares of mangroves by 2030 — to watershed rehabilitation initiatives in the Philippines and coral reef restoration in Australia, these efforts reflect a regional commitment to protecting the natural environments that are most critical to local communities.

Through partnerships with governments, non-governmental organisations and local communities, DP World continues to explore practical ways to contribute to the long-term sustainability of the environments in which it operates.
Hashtag: #DPWORLD



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

DP World

DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimising disruptions from the factory floor to the customer’s door.

In Asia Pacific, DP World employs over 11,000 people across 22 geographies. We operate 17 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions – to connect the region to the rest of the world.

WE MAKE TRADE FLOW

TOKYO, JAPAN – Media OutReach Newswire – 11 June 2026 – Industry expert Jason Gerlis has been appointed as the Chief Revenue Officer at GoGlobal – the global expansion business – bolstering the leadership team’s strength and depth at a time of accelerated growth.

Jason-Gerlis

With more than 15 years’ experience in helping businesses to scale internationally, his role will be to drive revenue growth at GoGlobal, align this to delivery excellence and add long-term value to those companies looking to expand and operate overseas.

“I’m delighted to welcome Jason into the fold,” states Jeremy Wastall, CEO at GoGlobal. “His extensive industry knowledge and global corporate services background support our strategy to deliver best‑in‑class business expansion and operational solutions to clients looking to enter new markets compliantly, and at speed.”

His appointment is also in-line with the company’s aim to build a business where cultural fit and mindset are just as important as experience.

“Alongside his impressive experience, Jason’s approach to leadership aligns with our brand values. I have full confidence in his ability to create a world-class environment where his teams will grow and excel,” adds Jeremy.

The move follows a series of recent senior hires and strategic investments designed to enhance GoGlobal’s ambitious growth plans, which include greater geographic reach, deeper technology capabilities and the continued development of market-winning solutions for clients.

Independence and long‑term focus

Explaining what drew him to GoGlobal, Jason points to the company’s independence and investment strategy.

“GoGlobal’s independence is a real strength,” he states. “It gives the business the freedom to invest in what genuinely matters to clients and focus on building sustainable, future growth. That long‑term perspective leads to better client outcomes, stronger partnerships and a more engaged, motivated workforce.”

Jason also highlights the company’s culture which is deeply grounded in servicing clients’ needs as a reason to join the business. He notes: “Understanding, consistency, collaboration and responsiveness are at the foundation of GoGlobal’s approach to client service, all of which resonate with me.

“And it’s these values and business ethics that truly set GoGlobal apart,” he concludes.

Strengthening global networks

Based in Charlotte, USA, Jason will spend his first months in the role engaging closely with GoGlobal’s global clients and partner ecosystem, while helping shape the company’s long‑term commercial strategy.

“I’m excited to work with clients across the full spectrum — from fast‑growing start‑ups and venture / private equity‑backed businesses to large multinationals — as we continue to build GoGlobal’s future roadmap,” he states.

Prior to joining GoGlobal, Jason spent five years as Global Head of Corporate Services at Ocorian and held several senior leadership roles at TMF Group over seven years, including Global Head of Consulting and Regional Director for North America and the Caribbean.

Hashtag: #GoGlobal



Wechat: GoGlobal环瑀

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

GoGlobal

GoGlobal – the global expansion business – helps companies set up and manage global operations compliantly and confidently. By combining global expertise with local execution, GoGlobal supports market entry, M&A activity and vendor consolidation through a single point of accountability.

Founded eight years ago in 2018, GoGlobal has grown from a startup into a fully decentralized global organization, supporting thousands of clients with their own growth stories.

It now has over 450 internal employees, operating across 85+ countries, and has enabled more than 1,000 clients to establish and manage their global operations across 145 markets.

Services include entity setup, compliance and management; accounting and tax services; HR and payroll support; Employer of Record (EOR); and Independent Contractor Solutions (ICS).

GoGlobal is headquartered in Tokyo but the leadership and operational teams are worldwide, enabling seamless support across time zones.

Dubai’s push to turn long-term tenants into homeowners has crossed Dh5 billion in residential transactions, with more than 3,200 residents buying their first homes through the First-Time Home Buyer Programme since its launch in July 2025. The scheme, run by Dubai Land Department and the Dubai Department of Economy and Tourism, has drawn nearly 45,000 registrations in less than a year, underlining strong demand among residents seeking […]

Dubai has moved to shorten the waiting time for tourist entry permits, with 30-day and 60-day single-entry visas now expected to be processed within 48 hours through approved channels, sharpening the emirate’s appeal as peak summer and year-end travel planning gathers pace. The General Directorate of Residency and Foreigners Affairs – Dubai has indicated that the service applies to single-entry tourist visas issued for visits of either […]

Arabian Post Staff -Dubai The OPEC Fund for International Development has mandated a no-grow €500 million five-year fixed-rate benchmark bond, returning to Europe’s public debt market as highly rated supranational borrowers continue to draw demand from investors seeking secure income. Initial price thoughts for the Regulation S senior unsecured issue have been set at mid-swaps plus 29 basis points. The expected issue rating is aligned with the […]

Sri Lanka’s rupee rallied more than 2 per cent after the Central Bank of Sri Lanka shortened the deadline for exporters to convert foreign currency earnings into local currency, a move aimed at easing pressure on a market strained by rising import demand, energy costs and expectations of further depreciation.

The currency strengthened sharply in Colombo trading, touching 328 to the dollar from weaker levels around 336.50 before settling in a wider 332-334 range. The previous close was near 337.00-337.75, underscoring the immediate impact of the central bank’s intervention on market sentiment. The move marks one of the rupee’s strongest single-session gains this year after months of pressure linked to higher fuel bills, vehicle imports and heavy demand for dollars from importers.

The new rule, issued through an extraordinary gazette under the authority of Governor Nandalal Weerasinghe, requires exporters of goods receiving proceeds during a calendar month to convert the residual foreign exchange into Sri Lankan rupees on or before the tenth day of the following month. The change effectively reduces the conversion window to about 30 days from the earlier period of about 90 days, after permitted payments are made.

The directive came into immediate effect and applies to exporters after they use proceeds for authorised payments such as imports, debt servicing and other approved foreign currency obligations. It reverses part of the relaxation introduced in 2024, when the central bank gave exporters more time to convert proceeds as foreign exchange conditions improved after the country’s debt crisis.

The latest measure is designed to bring export dollars more quickly into the domestic market at a time when the rupee has come under renewed strain. The currency had fallen by about 8 per cent this year before the intervention, reflecting a combination of stronger import demand, elevated global energy prices and cautious dollar conversions by exporters waiting for more favourable rates.

Market participants said the shortened conversion period could provide near-term support by increasing the supply of dollars through the banking system. The effect, however, may be temporary if importers absorb the additional liquidity quickly, particularly with fuel, medicines, vehicles and intermediate goods continuing to drive demand for foreign exchange.

The rupee’s rebound follows a series of policy moves by the Central Bank of Sri Lanka to contain pressure on the currency and inflation. On May 26, the central bank raised the overnight policy rate by 100 basis points to 8.75 per cent, its largest increase since 2023, signalling a shift away from growth support towards price and currency stability. The rate move followed a faster-than-expected rise in inflation and a renewed deterioration in external conditions.

Headline inflation in Colombo stood at 5.5 per cent in May, marginally above the central bank’s target and slightly higher than April’s 5.4 per cent. Price pressures have been fuelled by energy adjustments and the spillover from tensions in the Middle East, which have pushed up import costs for fuel-dependent economies. Construction firms have also reported higher input costs and shortages of petrochemical-based materials.

The central bank has already spent foreign exchange to defend the currency. Around $211 million was used in May as the rupee tested its weakest level in four years on May 21. Foreign reserves fell 3.8 per cent in April to about $6.7 billion, reflecting the cost of higher imports and intervention, although reserves remain well above the crisis levels seen during the 2022 balance-of-payments collapse.

Sri Lanka’s external position has become more fragile after a stronger start to the year. The current account moved into deficit in April after surpluses during the first quarter, mainly because of a wider trade gap, a softer services surplus and higher primary income outflows. Workers’ remittances continued to improve, offering some relief, but the recovery in imports has changed the balance in the foreign exchange market.

The policy shift also comes as Sri Lanka remains under a $2.9 billion International Monetary Fund programme designed to restore macroeconomic stability after the country’s sovereign default. A further $695 million disbursement was approved in late May, helping support reserves and fiscal reforms, but the economy remains exposed to external shocks, especially oil price volatility and shifts in investor confidence.

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.

Moderated by: Kim Demeyer, Science & Technology Counsellor, Flanders Investment & Trade

Panelists:
・Shanmugavel Subramaniam, Water and Wastewater Segment Leader, Schneider Electric
・Yohei Nishiyama, VP of Business Development, Tenchijin Inc.

https://siww2026-app.siww.com.sg/agenda/?agid=fe6fc21d07c8452c8e29

Hashtag: #Tenchijin #SIWW #KnoWaterleak #SatelliteTechnology #WaterLeakage #Sustainability #LeakageDetection #SpaceTech #Startup




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]

For media inquiries: Satomi, Kiki [email protected]

Crescent Petroleum Chief Executive Officer Majid Jafar has warned that the Gulf conflict has moved beyond an energy-market disruption into a whole-economy shock, exposing the vulnerability of global trade, industry and food systems to a narrow set of strategic maritime chokepoints. Speaking in Washington, DC, at the Arab Gulf States Institute’s Petro Diplomacy 2026 conference, Jafar said disruption to flows through the Strait of Hormuz had shown […]

  • Red Bull Malaysia announces Red Bull Next Generation, a new athlete development platform focused on emerging talent across Southeast Asia
  • Applications open for Malaysian athletes aged 18–25 across all sports and disciplines
  • Selected athletes will receive support including mentorship, workshops, media visibility and tailored development opportunities
  • The programme focuses on identifying athletes before mainstream recognition, spotlighting the journey behind progression and performance
  • Red Bull Next Generation forms part of a long-term commitment to supporting the future of youth sport and athlete storytelling in the region

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 June 2026 – Red Bull Malaysia, the No.1 energy drink brand in the nation, today announced Red Bull Next Generation, a regional athlete development platform under TCP Group, committed to supporting emerging young athletes in Southeast Asia.

Red Bull Next Generation empowers aspiring athletes with the platform, visibility and opportunities to take their next step in sport.
Red Bull Next Generation empowers aspiring athletes with the platform, visibility and opportunities to take their next step in sport.

Launching first in Malaysia and Indonesia, Red Bull Next Generation’s mission is to spotlight athletes on the rise across all sports and disciplines. From established competitive sports to emerging disciplines and growing sporting communities, the programme is open to athletes aged 18-25 who are actively progressing and ready to take the next step in their journey.

Part of TCP Group’s long-term commitment to supporting the future of sporting talents, Red Bull Next Generation is more than a traditional sponsorship programme. Designed as a long-term platform focused on athlete development, visibility and progression, it supports athletes at a stage where the right backing can change their trajectory.

“At TCP Group, we believe Southeast Asia has an incredible future generation of athletes, creators and communities shaping the future of sport and culture,” said Supasita Kraisri, Chief Global Marketing Officer, TCP Group.

“Red Bull Next Generation reflects our long-term commitment to supporting that future by creating opportunities, building visibility and giving emerging athletes access to the kind of support that can help accelerate their journey,” she said.

“We want this programme to become more than an athlete initiative. We want it to become a platform that inspires ambition, progression and belief across the region.”

Selection goes beyond results and influences – athletes are evaluated based on mindset, potential, level of support and commitment to their sport. The Red Bull Next Generation programme combines performance support, expert guidance and athlete storytelling, helping selected athletes develop both competitively and personally. Athletes chosen for the programme will receive tailored support that includes workshops, mentorship, media training, financial assistance and content visibility across Red Bull channels.

Adelene Tay, Head of Marketing, TCP Red Bull Malaysia, shared, “Red Bull Malaysia has always been committed to energising the local sporting community, from supporting grassroots motorsports talent to providing platforms that inspire ambition, growth, and belief among the next generation of Malaysian athletes.”

“With Malaysia being one of the first markets to lead Red Bull Next Generation, we see this as an important opportunity to shine a spotlight on promising athletes and provide them with greater visibility and opportunities. At Red Bull Malaysia, we remain committed to building a stronger sporting community for the future, and we are excited to play a role in helping more Malaysian athletes realise their potential.”

The programme will also include guidance from Martin Pfeifenberger, a Performance Expert specialising in athlete training, recovery and human performance. With more than 20 years of experience, Martin has worked with elite athletes across over 100 sports disciplines, ranging from Formula 1 drivers and Olympic champions to top-performing teams in football, triathlon, and endurance sports.

“Across Southeast Asia, there are young athletes putting in the work every day, often before anyone is paying attention,” said Sigurd Meiche, Program Director for Red Bull Next Generation, who has extensive experience developing athlete-focused sports initiatives globally.

“Some athletes may already be competing at a high level, while others are building momentum within their local scenes, communities or cities. What matters to us is not whether someone is already famous or fully professional, it is their mindset, ambition and commitment to progressing in their sport,” he said.

“Red Bull Next Generation is about finding those athletes early, supporting them at the moment it matters most, and helping them unlock what’s possible both in sport and beyond it.”

Unlike many traditional, one-size-fits-all athlete programmes, Red Bull Next Generation is intentionally designed to be inclusive across all sports and disciplines, including esports, and welcomes both individual and team athletes. Whether competing nationally, building recognition within a city or hometown, or becoming influential figures within local sports communities, the programme is focused on identifying athletes with the ambition and potential to progress.

Centred around the belief that the next generation of athletes already exists, they just have not been seen yet, Red Bull Next Generation aims to spotlight the training, progression, setbacks and breakthroughs that happen long before mainstream recognition.

Applications are now officially open to Malaysian athletes aged 18–25 across all sports and disciplines from June 2026 via the Red Bull Next Generation website here: https://www.redbullsport.com/my/next-generation/2026. The first group of Red Bull Next Generation athletes is slated to be announced from August 2026 onwards.

To learn more about Red Bull Next Generation, visit and follow us on:

Hashtag: #RedBullNextGen




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

About Red Bull Malaysia

Energising Malaysians since 1993, Red Bull Malaysia is the No.1 energy drink brand in the nation, fuelling individuals of all lifestyles to live their purpose through a range of effective and delicious energy drinks. A firm believer in the special combination of “Energy” and “Passion”, the brand aims to give drinkers a boost they need to overcome everything and anything.

About TCP Group
TCP Group is a leading beverage and food company in Thailand and the owner of the world’s most iconic energy drink brand “Red Bull” with the Yoovidhya family. Also known as the “House of Great Brands,” the company has a diverse product portfolio and is active in 15 markets in Asia, employing more than 5,000 people globally. In Thailand, the company also enjoys success from its distribution, OEM, vending machine business and market activation service.

SINGAPORE – Media OutReach Newswire – 10 June 2026 – OOm Institute, a Singapore-based AI and digital skills training provider, is calling for greater AI fluency as businesses adopt Generative AI and concerns grow over declining critical thinking and verification skills.

The rapid adoption of AI tools without sufficient verification, contextual understanding, or critical oversight is contributing to a growing “Human Critical Thinking Gap”.

Recent research from Professors Rick Dakan and Joseph Feller also corroborates this; only 8.7% of participants consistently verified high-stakes AI-generated claims before accepting them.

Beyond the Prompt: The Human-Centric Shift

While prompt engineering remains a foundational skill for today’s workforce, OOm Institute suggests the discipline must evolve beyond simple input mechanics.

“We are entering a false competence trap,” says Ian Cheow, CEO at OOm Institute. “People are learning how to prompt, but they aren’t learning how to make the right decisions. If you cannot spot when an AI’s logic fails, you aren’t using a tool, you are delegating your intelligence.”

The Warning: If You Let AI Think for You, You “De-skill”

Professionals who rely heavily on AI without developing critical evaluation skills risk “de-skilling”, where domain expertise erodes over time due to over-dependence on automated systems.

The concept of AI Fluency is built around three core capabilities:

  • Decision to Correct: The ability to determine when AI-generated output is sufficient and when it poses a risk that requires human revision or rejection.
  • Contextual Sovereignty: Ensuring human oversight remains central so AI outputs align with Singapore’s cultural, commercial, and ethical contexts.
  • Critical Inquiry: Moving beyond prompting to actively question assumptions, logic, accuracy, and completeness in AI-generated responses.

Real-World Practice vs Theory

As AI tools evolve rapidly, practitioners argue that effective AI capability cannot rely solely on static classroom theory. Real-world usage often involves changing workflows, unpredictable outputs, and context-specific decision-making that require continuous practical application and human judgment.

Maintaining AI fluency increasingly requires learning from practitioners actively applying these tools in commercial environments.

“At OOm Institute, our focus is on building practical decision-making in AI usage,” Mr Cheow added. “Our goal is to help professionals use AI with stronger critical thinking, clearer accountability, and practical business understanding.”
Hashtag: #aicourse #wsqaicourse #aisingapore #aifluency #aiskills




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

OOm Institute

OOm Institute is a WSQ course provider in Singapore, supporting workforce upskilling in AI, Digital Marketing, and Soft Skills, backed by expert trainers and over 20 years of digital expertise. They deliver industry-oriented learning programmes designed to help organisations apply digital tools effectively in real-world business environments.

MAKKAH, SAUDI ARABIA – Media OutReach Newswire – 9 June 2026 – Umm Al Qura for Development and Construction has announced its 2026–2030 growth strategy, marking a significant step in its transformation from a single-destination developer into a diversified urban destination and investment platform across Saudi Arabia’s Western Region.

Masar Gardens
Masar Gardens

As part of this strategy, the company unveiled Masar Gardens, a new mixed-use urban destination in Makkah with an initial infrastructure and land investment of approximately SAR 6 billion. The project spans 1.2 million square meters and is expected to be developed over a five-year period.

The new strategy targets expanding Umm Al Qura’s development portfolio beyond its flagship Masar Destination, with future projects planned across Makkah, Jeddah, and Madinah. The company aims to create a diversified portfolio of urban destinations valued at exceeding SAR 50 billion while attracting new investment opportunities and strategic partnerships.

Yasser Abuateek, Chief Executive Officer of Umm Al Qura for Development and Construction, said the company is leveraging its proven development expertise and institutional capabilities to deliver long-term value for investors, communities, and the wider economy.

Masar Gardens will feature residential, commercial, hospitality, and public-use components supported by extensive infrastructure, green spaces, pedestrian pathways, and modern mobility solutions. The project is designed to contribute to Makkah’s long-term urban development objectives while enhancing quality of life and strengthening the city’s attractiveness as an investment destination.

The announcement reflects the company’s broader vision of developing scalable urban destinations that support Saudi Arabia’s economic diversification ambitions and create sustainable growth opportunities for local and international investors.

Hashtag: #Development #SaudiArabia

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

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
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.

For media enquiries please contact:
Credit Bureau (Singapore) Pte Ltd
Laura Chia
Marketing Manager
Experian
April Ng
Head of Marketing, Southeast Asia & Greater China
PRecious Communications (for Experian)
Tanaya Chakraborty (Singapore)
Ainur Faqihah (Malaysia)

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
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