LiveWire Group, the electric motorcycle manufacturer controlled by Harley-Davidson, has warned that it may be unable to continue operating over the next year, citing mounting financial pressures and insufficient liquidity. The company disclosed the warning on Thursday alongside third-quarter results, saying recurring operating losses, negative operating cash flows and anticipated funding requirements raised substantial doubt about its ability to remain a going concern. It is examining financing […]
Led by Blockchain Capital, the funding will accelerate the expansion of PhotonPay’s stablecoin-centric Financial OS, connecting stablecoin liquidity with global fiat networks to unlock digital assets for everyday corporate operations and cross-border settlement.
HONG KONG SAR – Media OutReach Newswire – 29 October 2026 – PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.
The new capital will support the expansion of PhotonPay’s stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.
As of August 2026, PhotonPay’s annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.
As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.
“Moving money across borders in seconds means little if it still takes days to put that capital to work,” said Lewison Chen, Founder and CEO of PhotonPay. “Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever.”
“At the same time, business software is becoming increasingly autonomous,” Chen added. “AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for.”
Moving Money Across Assets and Markets
PhotonPay’s Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.
Stablecoins sit at the core of this architecture. PhotonPay’s multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.
Supporting this dual-rail infrastructure is PhotonPay’s established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.
Global card issuing extends these capabilities into programmable business spending. Through PhotonPay’s APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.
Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.
From Financial Intent to Agentic Commerce
As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.
In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.
Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.
To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.
PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.
“Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries,” said Chen.
Simple on the Surface, Deep by Design
The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.
While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.
For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.
“AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them,” said JP Pi, Chief Compliance Officer at PhotonPay. “Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it.”
PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil’s Pix and Mexico’s SPEI, form the backbone of this network.
The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.
“Businesses want one provider that can handle their payments across currencies and markets, whether they’re using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay’s ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments.” – BCAP，Yuanhan Li，Partner
“As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay’s established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group’s strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay’s continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem.” – Eiichiro So, CEO & Managing Director of SBI Ven Capital
The issuer is solely responsible for the content of this announcement.
About PhotonPay
Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.
PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.
Arabian Post Staff -Dubai More than 250 senior maritime executives are expected in Dubai on 12 November for the inaugural Seatrade Maritime UAE Summit, where shipping disruption, supply chain resilience and changes in global trade will dominate discussions. Seatrade Maritime is organising the gathering with DP World as host partner at Madinat Jumeirah. The programme will include the unveiling of the 2026 Leading Maritime Cities report prepared […]
Arabian Post Staff -Dubai The United Arab Emirates and Canada have signed a Comprehensive Economic Partnership Agreement to lower trade barriers and encourage bilateral investment. The agreement was signed in Ottawa on 27 October by UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi and Canada’s Minister of International Trade Maninder Sidhu. Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and […]
By Nitya Chakraborty In just ten days between October 25 and November 3 this year, four national elections were scheduled. Out of these, elections were held in Brazil and Serbia on October 25 and in Israel on October 27. Only on November 3, the midterm elections will be held in the United States. The bitter […]
Uganda’s Olara Otunnu remains in contention to succeed United Nations Secretary-General António Guterres as diplomatic consultations continue over the organisation’s next leader, with the Security Council yet to recommend a candidate. Otunnu, a former UN under-secretary-general, is campaigning for the post following Uganda’s formal nomination on 24 July. His candidacy remains active on the United Nations’ official selection register, alongside six other contenders, after two other nominations […]
The London Metal Exchange is exploring plans to convert metal inventories held in Hong Kong warehouses into digital assets that businesses could use to secure financing, as the city develops its commodities trading infrastructure. The exchange confirmed that its proposal remains at an exploratory stage and focuses on off-warrant metal, a category of warehouse inventory not covered by the standard title documents used in its established trading […]
Abu Dhabi Global Market (ADGM) has issued dedicated guidance requiring commercial cryptocurrency mining businesses operating within or from its jurisdiction to follow a defined licensing and governance framework overseen by its Registration Authority. The international financial centre said the guidance, published on Wednesday, was the first comprehensive document of its kind issued by a regional international financial centre. It identifies crypto mining as a licensable commercial activity […]
Singapore-founded company marks 17 years of growth as it builds a new category around everyday hydration and wellness
SINGAPORE – Media OutReach Newswire – 29 October 2026 – Singapore-founded water brand AOXhas been named ‘Top Collagen Renewing Water 2026′ by Healthcare Business Review APAC, marking a new milestone for a brand that has spent more than 17 years developing a differentiated approach to drinking water.
The recognition comes as AOX seeks to build the Collagen Renewing Water category – moving the conversation beyond the appliances that dispense water towards the properties of the water people drink daily.
Unlike conventional water dispensers, which tend to compete on temperature settings, design or convenience, AOX’s central proposition is its proprietary approach to filtration and mineral formulation. Its systems combine filtration with a formulation that includes calcium, magnesium, potassium, sodium, and silica to deliver what the company describes as Collagen Renewing Water.
This latest recognition reflects AOX’s water-first approach, built around its proprietary mineral formulation, including the specific sourcing of minerals and the process used to create its final water profile. It adds to a long track record of business, brand and design awards accumulated over more than 17 years.
“A water dispenser can have all the features in the world, but ultimately, what matters most is the water you drink from it every day,” said John Tan, Chief Executive Officer of AOX. “That belief has shaped AOX for more than 17 years and is why we continue investing in Collagen Renewing Water, our proprietary formulation and the research behind it. This recognition encourages us to keep building that category and challenging consumers to look beyond the machine.”
The award also signals AOX’s next chapter under John Tan’s leadership. After working across finance, operations and marketing at AOX before becoming CEO, he is leading its next phase of research, product innovation and market growth, with a goal to reach new audiences and respond to changing consumer expectations around water quality and everyday wellness.
AOX has commissioned laboratory and preclinical research into the properties of its water, including collagen-related fibroblast activity, cell migration, antioxidant activity, and metabolic markers in preclinical models. The company will continue to invest in research while communicating its findings responsibly and within appropriate scientific boundaries.
Founder Jeffrey Tan said the recognition was a reminder of the original idea that shaped the business. “When we started AOX, we wanted people to think more carefully about the water they drink every day,” he said. “Over the years, the technology, products and people’s expectations have evolved, but that belief has remained the same. It is encouraging to see AOX recognised as we continue to build on that foundation.”
AOX’s product range includes direct-piped water systems for homes and organisations, spanning hot and cold, ambient and compact formats. The company’s focus remains on growing its Collagen Renewing Water category while continuing to develop products around the needs of modern households and workplaces.
The issuer is solely responsible for the content of this announcement.
About AOX
Founded in Singapore in 2009, AOX is a homegrown water brand focused on the quality of the water itself. At the heart of AOX is Collagen Renewing Water, produced through its proprietary filtration and mineral formulation and delivered consistently across its range of water dispensers.
Over more than 17 years, AOX has grown to serve more than 10,000 households and organisations, while developing water systems that combine water quality, practical design and long-term after-sales support.
AOX has also commissioned laboratory studies using human cells and preclinical research into the properties of its water, including collagen-related activity, antioxidant activity, weight gain and liver-lipid accumulation. In 2026, AOX was recognised by Healthcare Business Review APAC as the Top Collagen Renewing Water Dispensers in APAC 2026.
Founders are pressing ahead with US expansion despite immigration uncertainty, according to new research from Beyond Border. Its Founder Mobility Pulse survey found that 82% have not changed their plans to expand to the US, while an analysis of 1,140 immigration inquiries from Asia offers insights into the region’s role in US market entry.
SINGAPORE & HONG KONG SAR – Media OutReach Newswire – 29 October 2026 – Despite continued uncertainty surrounding US immigration policies, founders remain committed to expanding into the American market, according to new research from US immigration platform Beyond Border.
Beyond Border’s Founder Mobility Pulse survey, conducted in August 2026 among 307 respondents worldwide, found that 82% had not changed their US expansion plans despite immigration uncertainty. A further 11% reported either accelerating their timelines or exploring alternative visa pathways.
The findings form part of Beyond Border’s October 2026 market commentary, which also draws on proprietary analysis of 1,140 US immigration enquiries from Asia-based individuals between August 2025 and September 2026, alongside US government immigration statistics and regional talent mobility data.
The research suggests that while immigration uncertainty is influencing how founders approach US market entry, access to the American market remains an important commercial priority.
“For founders, the question is no longer simply whether to expand into the US, but how to establish the right presence there. We’re seeing businesses pursue access to American customers while keeping key functions in their home markets. Immigration planning needs to be part of that strategy from the outset, rather than something founders address only when they’re ready to relocate,” said Fred Ng, Cofounder & CEO of Beyond Border.
Four Findings on US Expansion and Immigration Trends
Beyond Border’s research highlights four developments shaping US expansion and international talent mobility:
1. Access to US customers remains the biggest expansion driver: Some 85% of survey respondents identified access to US customers as their primary motivation for expansion, compared with 8% citing fundraising and investors. Meanwhile, 60% plan to expand into the US within the next 12 months.
2. Founders are taking a more distributed approach to US expansion: Nearly two-thirds (64%) expect to establish a US presence through the founder alone or alongside a small team. At the same time, 72% intend to retain engineering and product functions in Asia, suggesting that US market entry does not necessarily require relocating entire operations.
3. Immigration uncertainty is not deterring founders’ US expansion plans: Beyond Border’s analysis of 1,140 immigration enquiries from Asia-based individuals found that approximately 45% (510) concerned the O-1 visa. Meanwhile, US government data shows diverging approval trends across immigration pathways. Between FY2022 and FY2024, approved L-1 petitions declined by 31%, while O-1/O-2 approvals increased slightly by 1%. Over a separate period, FY2023 to FY2025, EB-1A approvals increased by 20%, while EB-2 NIW approvals declined by 39%. These figures reflect changes in approval volumes rather than approval rates.
4. Changing talent mobility patterns could create opportunities for Asian economies: Estimates from Xpheno indicate that the number of US-based technology professionals returning to India increased from approximately 7,200 in 2023 to 15,100 in 2025. While these movements cannot be attributed solely to immigration policies, they point to broader shifts in international technology talent mobility.
As founders navigate an evolving immigration environment, Beyond Border’s research highlights the importance of aligning immigration decisions with commercial priorities, market entry strategies and long-term business plans.
The issuer is solely responsible for the content of this announcement.
Beyond Border
Built by founders for founders and highly skilled professionals, Beyond Border is a trusted, Singapore-founded, tech-enabled U.S. immigration platform. Launched in 2024, the company helps clients pursue U.S. visas and employment-based green cards, with a focus on O-1 visas and EB-1A and EB-2 NIW green-card pathways. Beyond Border supports clients from eligibility assessment through petition preparation, connecting them with vetted specialist immigration attorneys. Beyond Border has supported thousands of founders including from companies backed by Y Combinator, Techstars, Antler and 500 Global, as well as cross-border technology companies including SuperOps and Biorce. Beyond Border has nine offices in the United States, United Kingdom, Singapore, Hong Kong, India, Brazil, Argentina, Colombia, and Nigeria. For more information, visit www.beyondborderglobal.com
By Dr. Gyan Pathak Once upon a time people in India exercised their “right to protest” in front of the ruling establishment in New Delhi free of cost, though they still needed government permissions for assembly of people for protest. However, under PM Narendra Modi, it has been abolished altogether with denotification of designated protest […]
By Ashok Nilakantan Ayers NEW YORK: India’s digital media industry has taken an unusually significant step in challenging Prime Minister Narendra Modi’s government. Twenty-one major news publishers, including media organisations owned by Mukesh Ambani and Gautam Adani, have approached the Supreme Court, arguing that India’s digital privacy legislation could undermine investigative journalism, compromise confidential sources […]
Arabian Post Staff -Dubai Abu Dhabi Islamic Bank reported a 6 per cent rise in nine-month profit before tax to Dh6.4 billion, supported by expanding customer financing, higher income and improving credit quality. Net profit after tax reached Dh5.6 billion in the nine months ended 30 September 2026, also increasing 6 per cent from a year earlier. Revenue rose 6 per cent to Dh9.7 billion, while the […]
China could become the global leader in advanced artificial intelligence models by 2030 while matching or challenging other countries across strategically important technologies, according to a new assessment by Bloomberg Intelligence.
The forecast identifies large language models, which underpin generative AI applications, as an area where China is particularly well positioned to establish leadership. It also anticipates that Chinese companies and research institutions will become at least competitive across other critical technology sectors, potentially reshaping the balance of technological capabilities between Beijing and Washington.
The assessment comes as Chinese AI developers narrow the performance gap with American competitors despite restrictions on access to advanced semiconductors. Improvements in model efficiency, expanding domestic computing infrastructure and competitive pricing have strengthened China’s position in the global market.
Bloomberg Intelligence senior analyst Robert Lea identified a sharp improvement in Chinese model performance earlier this month. Leading Chinese systems trailed their American counterparts by approximately 3% on benchmark scores, compared with around 9% in May and 15% earlier this year.
That narrowing gap followed the September introduction of DeepSeek’s V4.1 Flash model, which demonstrated further advances in reasoning and computational efficiency. The findings suggest that restrictions on sophisticated American chips have not prevented Chinese developers from improving their systems.
The projections nevertheless remain conditional on technological progress, investment and commercial adoption over the next four years. Competitive performance in individual benchmarks does not necessarily establish overall leadership, particularly when computing capacity, profitability and enterprise deployment are considered.
China’s expanding capabilities are already influencing international adoption patterns. Models developed by DeepSeek, Alibaba and Moonshot AI have attracted developers seeking alternatives to comparatively expensive proprietary systems offered by American technology companies.
Data from OpenRouter, a platform providing access to multiple AI models, showed Chinese systems gaining substantial shares of usage during 2026. However, the figures represent activity through that platform rather than the entire global market, where direct subscriptions and enterprise contracts remain significant.
Chinese developers have also benefited from distributing models with openly available weights, allowing businesses and programmers to customise systems without depending entirely on proprietary services. This approach has encouraged international experimentation and strengthened adoption among cost-conscious users.
American companies retain important advantages, particularly in advanced semiconductor access, large-scale computing infrastructure and commercial relationships with enterprise customers. OpenAI, Anthropic and Google continue investing heavily in frontier models and the infrastructure required to train increasingly sophisticated systems.
Financial performance illustrates the distinction between technological competitiveness and commercial success. Anthropic disclosed revenue of $16.3 billion for the first half of 2026, compared with $1.2 billion during the corresponding period a year earlier, reflecting strong demand for its enterprise services.
Chinese developers face greater pressure on pricing, with intense domestic competition limiting opportunities to convert growing usage into sustainable earnings. Lower-cost models can accelerate adoption while simultaneously reducing margins available to finance future development.
Semiconductor manufacturing remains another constraint. Washington’s export controls restrict Chinese access to certain advanced processors and manufacturing equipment, although domestic suppliers including Huawei are developing alternatives intended to support national computing requirements.
China’s response increasingly combines domestic chip development with software optimisation. Researchers have demonstrated that improvements in training methods, architecture and inference efficiency can reduce dependence on the most powerful available hardware.
Beijing is also pursuing greater integration between artificial intelligence and telecommunications infrastructure. A three-year programme issued by the Ministry of Industry and Information Technology in June established targets for autonomous networks, computing access and specialised AI applications through 2028.
The programme envisages significant breakthroughs in core technologies by 2030, alongside improved coordination between communications networks, computing resources and intelligent services. Its objectives complement broader efforts to establish domestic technological capabilities.
Regulatory developments could influence the international availability of Chinese technology. Authorities proposed export restrictions this month covering 23 categories of AI technology, including language models, autonomous agents, chip designs and computing clusters.
The draft measures would potentially subject transfers of certain model weights, source code and advanced technologies to government approval. Their final scope and implementation remain undetermined.
China’s Ministry of Commerce has presented the proposals as part of a wider effort to regulate strategically sensitive technology transfers. The consultation also covers technologies beyond artificial intelligence, reflecting the government’s expanding attention to intellectual property and national security.
For overseas developers using Chinese models, the eventual rules could affect access to advanced systems and associated technical resources, depending on the restrictions adopted and the thresholds applied to particular technologies.
Europe’s maize harvest is shrinking sharply as prolonged drought and extreme summer heat damage crops in Hungary and Romania, prompting farmers to abandon vulnerable fields and reconsider what they plant. The European Commission’s latest crop assessment, published on 23 October, confirms that summer crop yields remain below their five-year averages across much of the European Union. Persistent moisture shortages have also disrupted preparations for the next growing […]
Dubai’s flexible office market has substantial capacity for expansion, but a shortage of suitable buildings is preventing operators from fully meeting growing demand for furnished workplaces and shorter lease commitments. Flexible offices represent only 2.6 per cent of Dubai’s total office stock, according to Cushman & Wakefield Core’s UAE Trends in Flexible Office 2026 study, published on 22 October. The proportion is considerably lower than in several […]
Arabian Post Staff -Dubai Dubai-based ENOC Group has extended its aviation technical services agreement with Indonesia’s PT Pertamina Patra Niaga for another three years, maintaining cooperation on aircraft refuelling safety, fuel quality and operational standards at Indonesian aviation facilities. The renewed agreement, announced on Tuesday, covers annual inspections, technical guidance, operational assistance and specialised training. It builds on a three-year arrangement established in 2023 and a commercial […]
Arabian Post Staff -Dubai Oil prices climbed on Wednesday, with Brent crude rising above $115 a barrel as uncertainty surrounding Israel’s parliamentary election and indications of possible renewed American military operations against Iran heightened concerns over Middle Eastern energy supplies. West Texas Intermediate traded near $101 a barrel, reversing part of its losses from the previous two sessions, as investors assessed the implications of Israel’s inconclusive election […]
HONG KONG SAR – Media OutReach Newswire – 28 October 2026 – Prudential plc (“Prudential”), a leading insurer and asset manager in Asia and Africa, brought together senior leaders from key banking and strategic partnerships for its inaugural Prudential Partnership Summit in Chengdu, China. Held under the theme “Catalyst for the Next Wave”, the two-day event gathered over 150 participants, including economists, banking and fintech leaders, and Prudential executives, to strengthen collaboration, expand capabilities and accelerate innovation.
The Summit explored the trends reshaping customer expectations and the future of financial services. Discussions focused on rising wealth, increasing cross-border mobility, and the growing convergence of data, artificial intelligence and human expertise. Participants exchanged perspectives on how deeper partnerships can enhance customer outcomes and unlock new opportunities for the next phase of growth.
Chengdu’s history provided a fitting backdrop for the Summit. More than a thousand years ago, the city pioneered “jiaozi”, widely regarded as the world’s first paper money. Its success depended on trust in the promise behind it, a principle that remains equally important in successful partnerships today.
Dennis Tan, Regional CEO, Thailand, Vietnam, Cambodia, Myanmar; Group Partnership Distribution, Prudential plc, said: “Keeping promises sits at the heart of every partnership for Prudential. Founded on trust and strengthened through collaboration, these relationships help us meet customers’ increasingly interconnected health, protection and wealth needs.
“The Summit demonstrated the strength of Prudential’s partnership ecosystem and the opportunities ahead. By bringing together distribution expertise, digital capabilities and market insights, we are working to create better customer experiences and drive long-term, sustainable growth with our partners.”
The programme also featured guest speaker Pierluigi Collina, FIFA’s Chief Refereeing Officer and referee of the 2002 FIFA World Cup Final. Drawing on his experience at the highest level of international football, he shared perspectives on leadership, accountability and sound decision-making in complex and rapidly changing environments.
Partnership distribution at Prudential
Prudential harnesses the strength of its partnership ecosystem to translate shared priorities into action, helping more customers achieve greater financial security and confidence for the future.
Partnership distribution has long been central to Prudential’s growth strategy. Since establishing its first strategic bancassurance partnership in 1998, Prudential has built one of Asia’s largest bancassurance franchises, comprising more than 180 banking partnerships across markets. In the first half of 2026, the bancassurance channel delivered US$586 million in new business profit, up 13 per cent on a constant exchange rate basis from US$505 million in the same period last year.
Hashtag: #Prudentialplc
The issuer is solely responsible for the content of this announcement.
About Prudential plc
Prudential provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.
Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
Defence technology company Anduril Industries and chipmaker Qualcomm have unveiled plans for a laptop designed and assembled in the United States, with orders expected to open in 2027 as the partners seek to establish a domestic computer manufacturing network. The initiative, called BlueChip, will initially target government agencies, military organisations, emergency responders and public safety customers. Anduril has produced working prototypes, but neither company has disclosed production […]
ISC2 plans to convene its new Cyber-AI Workforce Coalition in November, with initial employment toolkits targeted for spring 2027 as artificial intelligence reshapes cybersecurity jobs and recruitment. Chief executive Scott Beale outlined the timetable during the organisation’s Security Congress in Denver on 26 October, saying the coalition would bring employers, technology companies and workforce specialists together to establish clearer descriptions of emerging security roles. Some companies could […]
By Nitya Chakraborty As I read the despondent news of the passing of Jogen Chowdhury, a towering figure of modern Indian art, on Sunday morning in the online edition of a Bengali daily, sitting in my Delhi flat, my memory went 62 years back when Jogen and I, along with a bunch of other close […]
Microsoft has opened a voluntary departure programme to approximately 60,000 employees across four countries, offering severance support as the technology group adjusts staffing across several major businesses. The initiative, announced on Monday, covers eligible workers in the United States, United Kingdom, Canada and India. It encompasses more than a quarter of Microsoft’s global workforce, although the company has not specified how many departures it expects. Amy Coleman, […]
New silver-coloured water installations are taking shape at Dubai Fountain in Downtown Dubai, with construction continuing beside Burj Lake while the attraction maintains its scheduled performances. Footage shared online shows tall, reflective structures with curved, petal-like forms rising above the water between Dubai Mall and Burj Khalifa. Streams descend from sections of the structures into the lake, creating a separate cascading effect alongside the fountain’s established choreographed […]
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