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41 local tech firms, institutes and university spin-offs head to San Diego to forge global partnerships, reinforcing the city’s status as international healthcare innovation hub

HONG KONG SAR/SAN DIEGO, UNITED STATES – Media OutReach Newswire – 24 June 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with InvestHK as co-organiser, the Hong Kong Trade Development Council (HKTDC) as supporting organisation, and five renowned local universities – The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and City University of Hong Kong – to form the city’s largest-ever delegation of life and health technology innovators to the BIO International Convention 2026 (BIO 2026) in San Diego, from June 22 to 25.

Building on last year’s momentum, the 2026 Hong Kong delegation doubled the size of the Hong Kong Pavilion, expanding to a record of 41 organisations from HKSTP, including partner companies, research institutes, and for the first time with top five universities spin-offs. This landmark presence showcased Hong Kong’s deep strength across AI-enabled biotech, therapeutics, diagnostics, and pharma innovation, with potential outstanding “First-in-Class” and “Best-in-Class” assets. The delegation underscores the city’s leading role as Asia’s largest and the world’s second largest fundraising hub for the biotechnology sector.

Mr. Terry Wong, CEO of HKSTP, said, “BIO 2026 is a premier platform to showcase Hong Kong’s groundbreaking innovation, deepen partnerships, and open new pathways into global healthcare markets. As a super-connector, Hong Kong is uniquely positioned to bridge global innovators with opportunities across Asia and beyond. With strong R&D capabilities backed by world-class universities—five ranked among the QS Top 100, including two with medical schools now placed in the global top 20—Hong Kong’s biotech and medical research excellence is increasingly recognised worldwide. As the city’s innovation ecosystem orchestrator, HKSTP brings together talent, capital, research institutions, clinical partners, and industry leaders to accelerate the journey from discovery to impact. We will continue to empower life and health technology ventures, translating innovation breakthroughs into life-changing solutions that benefit communities around the world.”

HKSTP and Park Companies Advanced in Cross-border Innovation and Market Expansion

A key highlight of BIO 2026 is witnessing the signing of three major strategic partnerships:

• LabCentral — HKSTP signed an MOU with one of the largest global non–profit biotech incubators, supporting life sciences startups with high-impact lab infrastructure and scientific community programmes. The collaboration will deepen ties between the U.S. and Hong Kong life sciences ecosystems through startup support, ecosystem engagement, and co-developed programmes, events and strategic initiatives. It will also help connect startups, investors, corporate partners and research institutions, creating stronger pathways for cross-border innovation and commercialisation.

• Immuno Cure – the developer of the first-in-human novel therapeutic HIV vaccine ICVAX – announced its collaboration with OPIS, an international Contract Research Organization (CRO), at BIO 2026. Leveraging OPIS’s full-service, multi-country clinical trial expertise and regulatory knowledge, the partnership will support overseas clinical trial execution and establish a global framework to prepare for international expansion.

• Zhaoke Ophthalmology signed an MOU with Laboratório Teuto, the first company to produce generic medicines and OTCs (Over the Counter – Prescription Exempt Medicines) in Brazil, to explore cross-border cooperation in ophthalmology. This is Zhaoke’s first strategic MOU in Brazil market. Leveraging its innovative pipeline and Teuto’s commercial network in Brazil, the partnership aims to bring advanced eye care treatments to Latin American patients while demonstrating the globalisation of Hong Kong-born biotech innovation.

Beyond the BIO 2026 Hong Kong Pavilion, HKSTP CEO Mr Terry Wong attended the “Translating Innovation Across Borders: Creating Global Gateways for Biotech Startups” panel sharing session. Mr. Wong shared his insights on cutting-edge biotech trends, Hong Kong’s strengths on life and health tech development, and HKSTP’s role in building a global bridge for nurturing global startup expansion, sustainable innovation and collaboration.

Furthermore, HKSTP and five Hong Kong university delegates visited the Salk Institute, home to six Nobel Laureates during BIO 2026 to explore partnerships and shape global biotech momentum through collaborative platforms. HKSTP, in collaboration with InvestHK as co-organiser, HKTDC as the supporting organisation, and powered by the Hong Kong Economic and Trade Office in San Francisco, hosted a Global Mixer during the exhibition. Industry leaders, incubators, and venture capital firms – including Bayer Pharmaceuticals, Johnson & Johnson Innovation, LabCentral, Roche, Simcere Pharmaceutical, and T.Rx Capital – were invited to join the judging panel for startup pitching sessions. The Pavilion also featured executive sharing and curated networking events for commercialisation, licensing, partnerships, investment and international market expansion.

Global recognition at Biomedical Pitch Competition

In the lead-up to BIO 2026, HKSTP actively drove engagement across the biotech sector and co-organised the 2026 Biomedical Pitch Competition with the Boston Capital Investment Club in Boston on May 23 and 24. Competing against around 170 biotechnology companies worldwide, HKSTP park company Meta Pharmaceuticals (HK) Limited won Third Place for its next-generation autoimmune therapeutics. The recognition underscores the strength of Hong Kong’s biotech pipeline and HKSTP’s commitment to translational medicine, commercialisation and globally scalable healthcare solutions.

HK’s biotech ecosystem rises to another level

Hong Kong continues to expand its global healthcare footprint as the world’s second-largest biotech fundraising hub. As Hong Kong’s flagship innovation and technology ecosystem, HKSTP is home to more than 300 life and health technology companies and helps innovators turn pioneering ideas into real-world impact. Its ecosystem connects capital, talent, infrastructure and market access across the biotech innovation journey.

Hashtag: #HKSTP

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Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 17,000 research professionals and over 2,500 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

As one of the members of the Hong Kong Special Administrative Region (HKSAR) Government’s GoGlobal Task Force, HKPC provides enterprises with “Six Tactics to Go Global” through “The Cradle – Go Global Service Centre” (The Cradle), delivering comprehensive going-global services spanning smart manufacturing, international standards and testing services, as well as technology R&D and evaluation. HKPC actively empowers both Chinese Mainland and Hong Kong enterprises to expand into global markets. Simultaneously, HKPC is actively enabling European and international enterprises to access the Chinese Mainland market through Hong Kong, fully building a seamless, two-way bridge that highlights Hong Kong’s unique strategic advantage as an indispensable “two-way springboard”.

Mr Yonghai DU, Chief Innovation Officer of HKPC, attended the Hong Kong Seminar-cum-Networking Reception, themed “Building Resilient Tech Ecosystems: Powering the Next Wave of International Tech Leadership from Hong Kong,” organised by the HKTDC, engaging in in-depth exchanges with global industry leaders to advance Hong Kong’s position as an international I&T centre connected to the global innovation ecosystem.

Empowering Local I&T Enterprises to Seize Global Business Opportunities, Deepening Two-way Collaboration Between the Chinese Mainland and Europe

Mr Yonghai DU, Chief Innovation Officer of HKPC, said: “As one of the world’s leading technology events, VivaTech serves as an exceptional gateway for Hong Kong’s I&T enterprises to step onto the international stage. HKPC continues to lead the industry in participating in prestigious exhibitions at home and abroad, showcasing Hong Kong’s R&D strengths in full. Hong Kong’s unique advantage in integrating with the world allows it to provide high-quality strategic support that helps Chinese Mainland and Hong Kong enterprises to ‘go global’, while also serving as a key ‘two-way springboard’ that helps outstanding European and international enterprises entre the Chinese Mainland market through Hong Kong. HKPC will continue its unique position as a bridge, driving complementary strengths and fostering mutually beneficial collaboration across regions.”

He added that since its establishment, “The Cradle” has received more than 500 expressions of interest and has provided over 300 projects with go global services, including preliminary assessments, smart manufacturing technologies, testing and certification, as well as on-site visits. Drawing on HKPC’s extensive experience in leading enterprises to go global, HKPC will continue to empower more I&T enterprises successfully expand overseas and tap into global markets.

Top-tier and Diverse I&T Achievements Make Their Debut, Shining on the European Tech Stage

The four participating Hong Kong I&T enterprises showcased a range of cutting-edge technology fields to the European market at the “Hong Kong Tech Pavilion”, including Asgard Group Limited, specialising in smart energy and EV charging solutions; Laputa Eco-Construction Material Company Ltd, which develops sustainable construction technology, specialising in carbon capture and utilisation technologies; Oriental Materials Hong Kong Limited, which focuses on advanced manufacturing and manufacturing of semiconductor equipment; and Harmony SkyTech Limited, which specialises in the low-altitude economy and unmanned systems.

Representatives from all four I&T enterprises agreed that their participation helped them tap into cross-regional business opportunities, making a significant landmark for Hong Kong’s I&T sector, while HKPC’s “The Cradle” provided indispensable professional team support, helping them align precisely with international technical standards and localise their products, serving as a solid backing for their cross-regional expansion and rapid entry onto the international stage.
Hashtag: #HKPC

https://www.hkpc.org/en/

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About Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

Hashtag: #Allianz

https://commercial.allianz.com/

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About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally. https://commercial.allianz.com/

The launch ceremony was held in Almaty with the attendance of Mr. Nguyen Thanh Le, Appointed Ambassador of Viet Nam to Kazakhstan; Mr. Berikbol Shatabayevich Mandibayev, Head of the Department of Entrepreneurship and Investment of Almaty; along with representatives of the Government of Kazakhstan, the Embassy of Vietnam in Kazakhstan, and strategic partners, businesses and organizations across the transportation, energy, technology, finance, infrastructure and service sectors.

In its initial phase, Green SM will operate in Almaty with a fleet of VinFast VF 6 Eco vehicles, an all-electric SUV designed to meet the needs of everyday urban travel. Combining quiet operation, a comfortable cabin, and modern safety features, the VinFast VF 6 Eco is expected to provide residents and visitors in Almaty with a more convenient, reliable, and enjoyable mobility experience.

Alongside its electric vehicle fleet, Green SM continues to invest in the development of its Green Drivers through comprehensive training programs covering operations, safety, and customer service. This forms part of the company’s ongoing efforts to maintain consistent service standards and deliver safe and dependable transportation experiences for users in Kazakhstan.

To celebrate the launch, Green SM is offering a promotion of 26%, up to KZT 2,626 for customers booking rides through the Green SM application. Users in Kazakhstan can now access Green SM services via the Green SM app, available on both the App Store and Google Play.

In parallel with the service launch, Green SM has established partnerships with five strategic partners across the transportation, tourism, technology, and service sectors through the Green Alliance Frontier initiative. The initiative serves as a platform connecting organizations that share a commitment to sustainable development and creating positive impacts for local communities across multiple markets.

Mr. Nguyen Quoc Tuan, Global Chief Executive Officer of GSM, said: “Kazakhstan is a market with strong potential, dynamic growth, and rising expectations for modern services. We come to Kazakhstan with respect for the market, a long-term commitment to investment, and a desire to work alongside local partners in developing high-quality mobility solutions that meet the everyday needs of the community. At Green SM, we believe sustainable growth must be built on trust and meaningful value for society. That is the foundation we hope to build together with our customers, partners, and the people of Kazakhstan in the years ahead.”

Kazakhstan is experiencing the rapid development of modern urban centers alongside rising expectations for quality of life and better services. Green SM’s presence in Kazakhstan reflects the company’s long-term vision of bringing all-electric mobility solutions closer to users in more regions around the world. Green SM enters Kazakhstan with the aspiration of contributing to better mobility experiences for local communities: quieter journeys along busy city streets, more comfortable travel in everyday life, and greater reliability through service standards that are consistently maintained across every trip.

Founded in Vietnam in 2023, Green SM currently operates a green mobility ecosystem across Vietnam, Laos, Indonesia, the Philippines, India, and Kazakhstan. With an all-electric fleet, a technology-driven platform, and consistently applied operational standards, Green SM is steadily expanding its green mobility ecosystem across international markets, with the goal of providing modern, safe, and sustainable transportation solutions for communities around the world.

Hashtag: #GreenSM

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By Nitya Chakraborty The opposition INDIA bloc which completed its three years on June 23 is passing through a critical period when the very foundation of this alliance, the strong regional parties, are shattered by defections and splits backed by the ruling party BJP. Mamata Banerjee who gave the name of the alliance at the […]

The article Three Years After Founding, INDIA Bloc Is Facing Uncertainty On Its Future appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The initiative formalises capabilities the Group has been building internally, combining data-led demand identification, integrated distribution, and execution across more than 17,000 O+O stores in Asia and Europe.

Over the past two years, AS Watson has introduced more than 4,800 new brands and brand extensions across its network, underscoring the scale of its brand development activity.

From Incubation to Execution

AS Watson brand lab departs from traditional incubator models by embedding brand development directly within AS Watson’s retail ecosystem.

Rather than incubating brands ahead of their market entry, the platform operates inside the market, using real-time customer data, shopping behaviour and category dynamics to inform development decisions.

Dr Malina Ngai, Group CEO of AS Watson, said the model reflects the company’s structural advantage. “We don’t wait for brands to find the market – we build them where demand already exists, and scale them through our ecosystem.”

A Systemised Growth Model

At the core of AS Watson brand lab is an integrated operating model linking insight, creation, distribution, demand activation and scaling.

The platform leverages AS Watson’s over 180 million loyalty members and O+O capabilities to accelerate brand selection and commercial execution.

A Structured Pathway to Scale

Brands within AS Watson brand lab are supported through a structured growth pathway, progressing from early-stage validation to regional scaling and category leadership.

At each stage, brands receive differentiated support across insight, distribution, marketing activation and investment, ensuring resources are focused where the greatest growth potential exists.

This staged approach enables AS Watson to systematically build, scale and prioritise brands, improving success rates while maintaining disciplined capital allocation.

Focus on High-Growth Segments

AS Watson brand lab will prioritise product segments including Asian beauty trends (K-beauty, J-beauty, C-beauty), ingredient-led skincare, health and wellness products and elevated personal care – areas where consumer demand continues to evolve rapidly.

The Group expects the platform to strengthen its ability to build proprietary and exclusive brands while improving speed-to-market and capital efficiency.

Proven Brand Scaling in Action

Early outcomes demonstrate how AS Watson brand lab translates insight into accelerated growth – not only by shaping brand development, but by scaling brands rapidly across markets through its integrated O+O ecosystem.

Across multiple categories and geographies, the platform has enabled brands to move from targeted market entry to multi-market expansion with speed and discipline:

COSRX (K-Beauty)– By combining COSRX’s innovation-led skincare expertise with
AS Watson’s extensive retail footprint and deep consumer insights, the partnership has accelerated international expansion and broadened consumer reach. This illustrates how the platform converts strong brand propositions into sustained category growth across markets.

&honey (J-Beauty) – Leveraging its distinctive product positioning alongside
AS Watson’s regional scale, &honey rapidly expanded beyond its home market, rolling out across multiple Asian markets within a short timeframe. This demonstrates the platform’s ability to systematically scale proven domestic leaders into regional brands.

e.l.f. Cosmetics (US) – Through partnership with AS Watson, e.l.f. has extended its community-led, value-driven model across Europe, translating strong brand engagement into measurable market penetration. The example highlights how consumer-centric brands can be amplified through local market execution at scale.

essence (Germany) – The expansion of essence across multiple markets, including exclusive partnerships, reflects how purpose-driven brands can achieve consistency and reach when supported by integrated distribution and retail insight. This underscores the platform’s ability to build sustained brand relevance and loyalty across diverse markets.

Across these examples, brands have scaled through a consistent model – combining data-led selection, integrated distribution, and coordinated market execution – demonstrating how AS Watson brand lab functions as a repeatable engine for brand growth, from market entry through to regional scale.

Scaling a Repeatable Engine

AS Watson brand lab positions AS Watson to leverage its retail footprint not only as a distribution channel, but as an engine for brand creation and scaling.

The initiative signals a shift from opportunistic brand sourcing towards a structured, repeatable growth model, reinforcing AS Watson’s ability to scale brands with speed, discipline and consistency while driving long-term portfolio value.

AS Watson continues to engage with selected brand partners and emerging brands aligned with its focus areas, with further information available through its official
AS Watson brand lab platform (https://www.aswatson.com/asw-brand-lab)

Hashtag: #ASWatson

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About AS Watson Group

Established in 1841, AS Watson Group is one of the world’s longest-standing and most recognised retail companies with roots in Asia. Today, the company operates over 17,000 stores across 12 retail brands in 31 markets, employing 130,000 people globally. This makes AS Watson Group the largest international health and beauty retailer in the world.

In the fiscal year 2025, AS Watson Group reported revenue of over US$26 billion. The company’s technology-enabled O+O (Offline plus Online) platforms serve over 6 billion shoppers annually, seamlessly integrating physical and digital retail experiences.

AS Watson Group supported over 180 charitable and non-profit organisations every year, dedicating over 40,000 hours of volunteer work to serve over 370,000 people in need in our operating markets.

AS Watson Group is also a member of the world-renowned multinational conglomerate CK Hutchison Holdings Limited, which has four core businesses – ports and related services, retail, infrastructure and telecommunications in over 50 countries.

Please visit www.aswatson.com/our-company/o-and-o-strategy/ for more information.

Building a Global Payment Network

Amid a diverse and competitive global payments landscape, UnionPay continues to strengthen its global payment network by advancing three strategic pillars: merchant acceptance, local card issuance, and cross-border QR interoperability.

UnionPay’s acceptance network now spans 183 countries and regions, covering over 100 million merchants outside China’s mainland. UnionPay mobile payment services are available in more than 100 markets, while cards have been rolled out across 84 countries and regions outside the Chinese mainland. As of May 2026, transaction volumes generated by international cards and wallets in China rose by 54% and 62% respectively year-on-year. A real-time transaction dashboard at the exhibition area continuously updated cumulative transaction volumes, highlighting the sustained growth of UnionPay’s global business.

Cross-border QR payment interoperability is a centerpiece of UnionPay’s international section. The company has accelerated partnerships with local payment networks across Southeast Asia, the Middle East, Central Asia, Latin America, and Africa to enable QR payment connectivity. On June 11, 2026, the China-Indonesia cross-border QR linkage officially went live, witnessed by central bank governors of both countries. The milestone increased the total number of overseas merchants accepting UnionPay QR codes to more than 46 million.

To showcase services catered to inbound visitors, UnionPay has set up a dedicated booth for Nihao China, demonstrating the one-stop service app jointly developed with China’s Ministry of Culture and Tourism. With over 200,000 registered users, the Nihao China app integrates a wide range of travel-related services, including QR payment, public transit, voice translation, and tax refunds. The user interface has been fully localized to suit international users.

UnionPay has been working with global partners to build a cross-border payment ecosystem featuring unified standards, orderly development, and shared success. Five international partners have joined UnionPay at this year’s exhibition, namely, ASPI from Indonesia, ZeroPay from South Korea, Dialog Finance from Sri Lanka, Halyk Bank from Kazakhstan, and Banco do Brasil.

Expanding the Ecosystem and Advancing Fintech Innovation

As digital transformation accelerates, UnionPay remains committed to strengthening independent and secure fintech capabilities. The company has been investing in computing infrastructure, artificial intelligence, privacy protection, and smart payments. By fostering collaborative innovation among members, universities, technology companies, and government agencies, UnionPay expands the ecosystem and supports the development of new productive forces in the financial industry.

The AI exhibition area highlights the progress of UnionPay’s National AI Application Pilot Base in the financial sector, the only one of its kind in China. UnionPay has established a “1+1+N” large language model architecture consisting of an L0 foundation model, an L1 financial payments model, and multiple L2 models specific to different use cases. The architecture is supported by a computing resource pool with over 1,000 GPUs and a high-quality 2TB open financial dataset. Leveraging a comprehensive payment data infrastructure covering merchants, industry stakeholders, users, and use cases, UnionPay delivers robust data support for model training, consumer insights, and intelligent decision-making. More than 120 AI applications have been deployed across four key verticals: inclusive finance, consumption growth, risk management and compliance, and operational efficiency. To address critical data security challenges in the financial sector, UnionPay has pioneered privacy protection technologies for large language model and introduced an innovative edge-cloud synergy approach, enabling secure AI services without exposing sensitive data. The innovation facilitates broader AI adoption while safeguarding partner data.

UnionPay’s open AI platform brings together the innovative capabilities of ecosystem partners, including banks, payment institutions and technology companies. By providing payment, data, and AI-powered services, the platform empowers industry participants and fosters collaborative innovation. The exhibition area for smart payments features UnionPay’s APOP (Agentic Payment Open Protocol), an open framework for agent-based payments. Built on user consent and robust risk controls, APOP explores new models for intelligent agents to access payment capabilities. To date, UnionPay has partnered with 19 industry players to deploy applications including travel assistants, overseas hotel reservations, in-vehicle payments, and utility payments.

Fudan University, Huawei, Baidu AI Cloud, HYGON, and KUPAS.AI have joined UnionPay as technology partners at the exhibition, demonstrating collaborative achievements in computing power, large language models, and cybersecurity. Together, they have showcased UnionPay’s open innovation ecosystem and its commitment to driving the evolution of the payments industry through technological progress.

Delivering Payment Services that Better Serve Consumers, Businesses, and the Real Economy

Using Shanghai as a case study, live dashboards at the booth present data insights, including foot traffic heat maps of key commercial districts and consumer profiles of domestic and international visitors. Data showed that tourists from outside Shanghai account for 55% of total spending in the Nanjing East Road commercial area, making them a key driver of consumption. Distinct spending patterns were also observed among inbound travelers: visitors from the US favor local street food, South Korean tourists prefer popular lifestyle destinations, and Thai travelers show strong interest in shopping. These insights provide valuable support for commercial district operations and cultural tourism promotion.

At this year’s China International Financial Exhibition, UnionPay showcases its extensive global network, solid business foundation, and leading technological capabilities through a wide array of immersive exhibits. Moving forward, UnionPay will continue to grow its global payment network, develop self-reliant digital and intelligent infrastructure, and deliver value to consumers.Hashtag: #UnionPay

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HONG KONG SAR – Media OutReach Newswire – 22 June 2026 – Hongkong Land Holdings Limited (“Hongkong Land” or the “Company”) has been recognised as a global leader in sustainability, achieving top-tier results in the latest ESG industry rankings. The company has maintained its position as a member of the Dow Jones Best-in-Class World Index for a second consecutive year and was included in the Dow Jones Best-in-Class Asia Pacific Index for the fourth consecutive year, ranking among the top 6% of global performers in the property sector.

In the past year, the company has made significant progress in sustainable practices including reducing Scope 1 and 2 carbon emissions by 37% in 2025 against a 2019 baseline, exceeding the halfway mark of previously stated 2030 carbon reduction targets. Hongkong Land has further strengthened governance and accountability through a new Long-Term Incentive Plan where senior management remuneration is linked to long-term performance and success in achieving key sustainability objectives.

In 2025, the company also reinforced its commitment to responsible investment by becoming a signatory of the United Nations Principles for Responsible Investment (UNPRI), an international framework that promotes responsible investment practices and the integration of ESG factors into investment decision-making.

Earlier this year, Hongkong Land launched Singapore’s largest commercial real estate private fund, the Singapore Central Private Real Estate Fund (SCPREF), which focuses on ultra-premium and green-certified assets, aligning capital allocation with the company’s decarbonisation pathways. SCPREF is also the company’s inaugural private real estate fund and lists other high-profile founding, sustainability-focused investors including APG Asset Management and Qatar Investment Authority.

Michael T. Smith, Group Chief Executive of Hongkong Land, said: “Our leading ESG rankings demonstrate that sustainability is built into our core business strategy. Becoming a UNPRI signatory demonstrates our long-term commitment to responsible investment practices, embedding sustainability throughout our culture and shaping sustainable, future-ready cities in partnership with our stakeholders. This disciplined approach ensures we deliver long-term growth while continually enhancing the resilience of our assets.”

Hashtag: #HongkongLand #ESG #Sustainability #CSR #Business #Corporate

https://www.hkland.com/en
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Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

The shares changed hands through block deals on the National Stock Exchange, with the transaction executed at ₹1,730 a share. The deal involved about 44.9 lakh shares, with private equity investor ChrysCapital, through its affiliate Sepia Investments, and Anchor Partners selling part of their holdings. ADIA bought 39,130 shares, while other buyers included Aberdeen Group, Factory Mutual Insurance Company, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Ashoka WhiteOak and other funds.

Corona Remedies’ shares rose nearly 3 per cent after the transaction, trading around ₹1,840 on the NSE, as the market read the entry of large domestic and overseas institutions as a vote of confidence in the company’s branded formulations business. The block deal valued the stake at a premium to the company’s public issue price band of ₹1,008-₹1,062 a share in December 2025, underlining the strong post-listing performance of the stock.

Sepia Investments sold 43.28 lakh shares, equal to about 7.07 per cent of Corona Remedies’ equity, for around ₹748.9 crore. Anchor Partners offloaded 1.61 lakh shares, or 0.26 per cent, for about ₹28 crore. Sepia’s stake fell to 12.69 per cent from 19.76 per cent after the sale, while the wider ownership base brought more institutional depth to the company’s shareholder register.

The transaction is also a partial exit for early financial investors who backed Corona Remedies before its public listing. For buyers, the attraction lies in a domestic formulations franchise with established brands across women’s healthcare, cardio-diabeto, pain management, urology and other therapeutic categories. The company has positioned itself in segments with higher repeat prescription potential and relatively stronger pricing resilience than low-margin commodity generics.

Corona Remedies reported revenue growth of about 17 per cent in the financial year ended March 2026, while profit after tax rose about 33 per cent. Its full-year revenue crossed ₹1,400 crore, supported by growth in chronic and sub-chronic therapies, brand-led marketing and wider distribution. The company’s earlier public offer was entirely an offer for sale, meaning the proceeds went to existing shareholders rather than to the company.

The drugmaker was ranked among the top 30 pharmaceutical companies in the domestic pharmaceutical market by sales before its listing. Women’s healthcare is one of its strongest verticals, followed by cardio-diabeto, pain management and urology. Its brand portfolio includes products targeted at specialist doctors, a strategy that has helped it command higher prescription visibility in selected therapies.

The stake purchase comes at a time when pharmaceutical companies with strong domestic franchises are drawing investor interest. Companies focused on branded formulations have benefited from rising healthcare consumption, deeper insurance penetration, higher diagnosis rates for chronic conditions and stronger prescription volumes in urban and semi-urban markets. The domestic pharmaceutical market has also been less exposed to some of the pricing and regulatory volatility faced by export-heavy generic drugmakers.

ADIA’s participation fits a broader pattern of Gulf sovereign capital seeking exposure to healthcare, pharmaceuticals, financial services, infrastructure and consumer platforms across growth markets. The Abu Dhabi fund has built a diversified global portfolio and has been active in private equity, listed equities, real estate and alternatives. Its entry into Corona Remedies, though modest in percentage terms, adds to institutional interest in healthcare businesses with predictable cash flows and long-term demand visibility.

For Corona Remedies, the deal improves public float quality and may support market liquidity. Greater institutional ownership can also bring closer scrutiny of margins, product concentration, compliance, capital allocation and future acquisition strategy. The company’s next phase will be measured against its ability to maintain growth while protecting profitability in a market where promotional expenses, field-force productivity and doctor engagement remain critical.

The transaction also highlights how block deals have become an important route for private equity funds to monetise stakes after listings. Rather than waiting for gradual market sales, large shareholders can exit or pare exposure through negotiated exchange transactions that allow institutional buyers to acquire sizeable positions in a single trading window. Such deals can reduce overhang when executed cleanly, though they also put focus on valuation sustainability after the initial market response.

By Arun Srivastava The Bharatiya Janata Party’s (BJP) strategy of fracturing regional parties serves as a quaternary-track political manoeuvre designed to secure long-term constitutional dominance, dismantle the opposition architecture INDIA bloc, give a shape to its long cherished desire to create Bharat free of active opposition and finally, consolidating its position in 2029 and sweeping […]

The article BJP Top Brass’s Three-Year Plan To Achieve ‘One-Party, One-Nation’ Goal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

With participants from places including Hong Kong, the Chinese Mainland, Australia, the United Kingdom, Austria, Indonesia, Singapore and Thailand, the event aimed to foster closer co-operation in emergency linkage, resource sharing, and professional training among different regions.

The symposium featured a series of plenary sessions, panel discussions, technical visits, and live demonstrations jointly conducted by the GFS and various government emergency units. A number of memoranda of understanding were signed during the event, to deepen collaboration between the GFS and the Chinese Mainland as well as domestic and international emergency, aviation, and medical institutions.

Speaking at the opening ceremony, the Under Secretary for Security, Michael Cheuk, said that the challenges of emergency response as a result of the realities of climate change are evolving at an unprecedented pace.

“A shift to proactive prevention, continuous enhancement of international and cross-regional collaboration, and enhanced experience and insight sharing among stakeholders are key to rising to new and complex challenges,” Mr Cheuk said, adding that the collaborative spirit of ISERAS will forge stronger partnerships, further strengthen emergency response capabilities, and secure a safer future for communities.

The Director General of the Rescue and Salvage Bureau of the Ministry of Transport of the People’s Republic of China (CRS), Wang Lei, also attended the symposium and delivered a keynote presentation on air rescue capabilities and strategic development in the South China Sea.

The symposium concluded with an interdepartmental counter-terrorism drill and exchange session, with the participation of the GFS, the Hong Kong Police Force and the Hong Kong Fire Services Department, showcasing Hong Kong’s professional capabilities in responding to terrorist attacks.

The Controller of the GFS, Captain Eddie Liu, said that the GFS has always played an important role in emergency response and rescue. “In addition to assisting in search and rescue, providing air ambulance and other emergency aeromedical services, the GFS also shoulders the responsibility of maintaining internal security of the HKSAR,” he said.

“In emergencies such as terrorist attacks, the GFS would make rapid deployment to assist the disciplined services in conducting air assault, offering all-round support to the HKSAR Government’s overall counter-terrorism efforts.”

Since its establishment in 1993, the GFS has served at the forefront of round-the-clock search-and-rescue and emergency aeromedical operations, while the ISERAS aims to collectively build a truly transnational pool of professional expertise, thereby underscoring Hong Kong’s status as an aviation hub for emergency response in Asia.

Hashtag: #HongKong #BrandHongKong #GFS #Emergency #Response #Aeromedical #Symposium

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Luvina Software Singapore officially launches as a trusted technology partner for AI-powered transformation and enterprise modernisation across APAC

SINGAPORE – Media OutReach Newswire – 18 June 2026 – After more than two decades of delivering enterprise-grade software engineering and digital transformation solutions to multinational corporations and leading Japanese enterprises, Luvina Software Singapore today officially launches its operations in Singapore, marking a significant milestone in its global growth strategy and reinforcing the Republic’s role as a regional hub for advanced technology, artificial intelligence (AI) and digital innovation.

Established as a strategic joint venture between Luvina Software Vietnam and Singapore-based consulting firm GleamCore, Luvina Software Singapore aims to serve as a trusted gateway for organisations seeking high-quality, scalable and cost-efficient digital transformation solutions across the Asia Pacific region and beyond. The official inauguration was commemorated in the presence of Mr Cao Xuan Thang, Commercial Counsellor and Head of the Vietnam Trade Office in Singapore, alongside other senior representatives from the Embassy of Vietnam in Singapore, including senior diplomatic and trade officials, as well as strategic partners, enterprise leaders and key stakeholders from Singapore’s technology ecosystem.

The Singapore office represents a strategic move to bridge a growing gap in the digital economy, where organisations are under mounting pressure to modernise legacy systems, adopt AI and scale technological capabilities amid rising costs and talent shortages.

As businesses worldwide accelerate digitalisation, Singapore has emerged as one of the world’s most trusted technology ecosystems and a strategic gateway between East and West, with strong global connectivity, a highly developed regulatory environment and growing leadership in AI and Smart Nation initiatives.

Luvina Software’s decision to establish a presence in Singapore comes amid growing demand for trusted technology partners capable of delivering measurable outcomes. While many businesses prioritise digital transformation, organisations continue to face barriers including high implementation costs, delivery quality consistency, fragmented technology ecosystems and shortages in specialised engineering talent.

Singapore’s investments into frontier technologies, including more than S$1 billion committed towards National AI Research & Development between 2025 and 2030, further reinforce the nation’s position as a trusted global AI hub and a launchpad for regional and international expansion.

Founded in 2004 in Hanoi, Vietnam, Luvina Software has grown into a globally trusted software engineering company with over 750 employees, 1,000+ projects delivered, and more than 110 enterprise clients worldwide across sectors including insurance, banking, healthcare, manufacturing and retail. Impressively, 95% of its clients have remained with the company for at least a decade, underscoring its longstanding reputation for consistency, quality and reliability.

Luvina Software also operates delivery centres in Hanoi, Da Nang and Ho Chi Minh City, alongside international footprints in Japan, the United States and now Singapore, enabling seamless hybrid and offshore delivery models for clients across global markets.

Its long-standing experience serving discerning Japanese corporations has shaped a delivery philosophy rooted in precision, accountability and rigorous governance, supported by globally recognised certifications including ISO 27001 and CMMI Level 3 for both Services and Development.

At the heart of Luvina Software Singapore’s proposition is a unique operating model that combines Singapore-based strategic advisory and governance with Vietnam’s large-scale engineering capability, allowing enterprises to modernise systems and accelerate innovation without compromising quality or control.

The company’s core focus areas include:

• AI-Powered Transformation & Intelligent Solution Engineering
• Enterprise Systems Modernisation & Managed Business Platforms
• High-Performance Engineering Capacity Enablement

Through its AI-enabled Offshore Development Centre (ODC) model, Luvina integrates AI-assisted software engineering into software planning, coding, testing and deployment, helping organisations accelerate delivery timelines, reduce inefficiencies and improve operational scalability while maintaining strict governance and quality assurance.

Rather than merely acting as a software vendor, Luvina positions itself as a long-term transformation partner, offering end-to-end accountability from technology strategy and implementation to long-term support and optimisation.

As part of its Singapore growth strategy, Luvina Software Singapore intends to work closely with solution providers, system integrators, professional service firms, venture capital and private equity firms, as well as enterprises seeking to co-develop scalable digital products for regional and international markets.

The company has already secured momentum in the Singapore market, having acquired more than a dozen local projects, with plans to further expand its presence across Southeast Asia, Australia and Europe in subsequent phases of growth.

Among its growing portfolio of clients are Nomura Research Institute Ltd., Japan’s largest economic research, management consulting and IT systems integration firm; CRESCO Ltd., a prominent Japanese IT systems integrator and software development company; and CRESCO Vietnam Co. Ltd., the Vietnam subsidiary of the CRESCO Group providing offshore development and IT solutions for Japanese enterprises. The portfolio also included Soliton Systems K.K., a specialist in cybersecurity, identity management, and secure access technologies, reinforcing Luvina Software Singapore’s reputation as a trusted technology partner for enterprise transformation and high-performance software delivery.

Mr Le Quang Luong, Co-Founder and CEO of Luvina Software, said, “Singapore represents not only a new market for us but it’s also a strategic gateway for how we intend to co-create the future of enterprise technology across the region. As organisations face mounting pressure to modernise, adopt AI and scale with confidence, businesses do not simply need more technology vendors; they need trusted partners who can bridge strategy, execution and measurable outcomes.”

“Through Luvina Software Singapore, we bring together Singapore’s global connectivity and governance strengths, Vietnam’s engineering excellence, and Japan’s deeply rooted standards of quality and reliability to help organisations transform with greater speed, confidence and accountability. Ultimately, we are here to turn complex work into outcomes businesses can count on,” added Mr Ethan Lim, CEO of Luvina Software Singapore.

Looking ahead, Luvina Software Singapore intends to deepen its role in helping enterprises modernise legacy systems, accelerate AI adoption and co-develop scalable digital solutions that can be commercialised globally, reinforcing Singapore’s role as a strategic innovation hub for the region.

For more information, please visit: www.luvina.net

Hashtag: #LuvinaSoftware #LuvinaSoftwareSingapore #AI #Launch #DigitalInnovation #Software #Singapore #Vietnam

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Luvina Software Singapore

Luvina Software Singapore is the Singapore arm of Luvina Software, a Vietnam-founded enterprise software engineering and digital transformation company with more than 20 years of experience serving multinational corporations and leading Japanese enterprises. Established as a strategic gateway to the Asia Pacific market, Luvina Software Singapore provides AI-powered digital transformation, enterprise systems modernisation, cloud engineering, managed services and high-performance engineering capacity enablement.

Combining Singapore-based strategic advisory and governance with Vietnam’s engineering excellence, Luvina Software Singapore helps businesses accelerate innovation, modernise systems and scale with confidence.

Refreshed five-year Encompass roadmap highlights accelerated fleet decarbonisation and proactive talent integration as key competitive advantages

HONG KONG SAR – Media OutReach Newswire – 17 June 2026 – The Caravel Group, a diversified global conglomerate with core businesses in maritime services, commodity trading and investment management, today released its fifth annual Responsibility Report, Encompass. The report details the Group’s progress, key achievements and future targets in running a sustainable and resilient business, with a particular focus on its ship management subsidiary, Fleet Management Limited.

Guided by the four core pillars of the Encompass strategy—Navigating Responsibly, Evolving Environmental Stewardship, Safeguarding People and Working Together—the 2025 report demonstrates how the Group has successfully translated high-level ESG ambitions into measurable, accountable day-to-day operational practices across ship and shore.

Dr. Harry S. Banga, Founder & Executive Chairman of The Caravel Group, said: “Five years ago, we established Encompass as our guiding compass. This fifth annual report is a testament to how we have built a business trusted to perform responsibly, adapt with discipline and remain relevant in a volatile maritime industry. By formally embedding ESG metrics into performance reviews for all onshore employees and establishing strategic initiatives like our LNG bunkering joint venture, we have ensured that responsibility and performance are no longer separate conversations.”

Key Sustainable Milestones in 2025:

1. Evolving Environmental Stewardship & Accelerated Decarbonisation

• The Group achieved a 42% reduction in managed ship GHG emission intensity from its 2008 baseline, significantly exceeding its established 2030 target of a 30% reduction.
• Currently, 74% of the managed fleet is equipped with advanced Energy Saving Devices (ESDs), including high-performance hull paint, Propeller Boss Cap Fins (PBCFs) and variable speed motors, keeping the Group firmly on track to equip 100% of its fleet by 2030.
• The Caravel Group entered a strategic joint venture with Celsius Shipping to co-own and operate a new fleet of high-specification LNG bunkering vessels, supporting the maritime sector’s wider transition towards cleaner fuels.

2. Navigating Responsibly & Digital Innovation

• The Group continued the active pilot deployment of Captain’s Eye, an AI-powered maritime safety solution using onboard CCTV to detect smoke, leaks and safety hazards in real-time.
• Upgrades to PARIS (integrated fleet management platform) and NOVA (data analytics) provided vessel owners with real-time financial, EU ETS and FuelEU Maritime compliance reporting, bolstering transparency and proactive risk management.

3. Safeguarding People & Safety Excellence

• Port State Control (PSC) detentions across the fleet plummeted from 22 in 2023 to just 5 in 2025, driven by the Group’s increasingly rigorous safety protocols and strengthened reporting discipline.
• The Group recorded an exceptional 91% wellbeing score in its annual employee survey, surpassing its 78% target set for 2028 ahead of schedule.

4. Working Together, Talent & Community Engagement

• Following its landmark acquisition of the International Maritime Institute (IMI) in India, the Group integrated a highly reliable, Group-aligned talent channel, welcoming over 500 job-ready cadets to Fleet Management in 2025.
• The Caravel Group recorded a 92% employee engagement score and a 93% Diversity, Equity and Inclusion (DEI) score.
• In line with its pledge to commit at least 2% of average net profits over the previous three years to social causes, the Group contributed USD 1,529,993 to community partnerships, education initiatives and disaster relief programmes.

Mr. Angad Banga, Group Chief Executive Officer of The Caravel Group, added: “In today’s market, sustainability is no longer a future consideration—it is an active operating condition. Regulatory frameworks like FuelEU Maritime and EU ETS carry real economic consequences, and our clients look to us for the systems, judgment and commercial depth to navigate this landscape. By pairing digital tools with a robust talent pipeline through the IMI, we are building organisational capability before the moment it is needed, creating a lasting competitive advantage.”

To explore the detailed performance data, future targets, and the full version of the Encompass: Responsibility Report 2025, please visit The Caravel Group Website: https://www.caravel-group.com/our-impact/responsibility-reports

Hashtag: #FleetManagementLimited

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About The Caravel Group Limited

The Caravel Group, headquartered in Hong Kong, is a privately held and globally diversified group with operations across maritime services, dry bulk commodity trading, institutional investment management, and philanthropy. Its maritime division includes Fleet Management Limited, one of the world’s largest third‑party ship managers, with more than 500 vessels under management, and strategic investments, including a major stake in Pacific Basin (HKEX: 2343). Caravel also owns the International Maritime Institute (IMI) in India, reinforcing its commitment to maritime talent development. Through Caravel Asset Management, the Group invests globally across public markets and private equity, while its philanthropic arm, The Caravel Foundation, supports the education and well-being of underprivileged youth across Hong Kong, China, and India.

Learn more: www.caravel-group.com

About Fleet Management Limited

Fleet Management Limited, part of The Caravel Group, is one of the world’s largest third‑party ship managers, with more than 500 vessels under management. This scale bears testament to the resilience and commitment of thousands of seafarers and onshore maritime professionals serving shipowners worldwide.

Fleet manages a range of vessels, including bulk carriers, containers, car carriers, oil tankers, gas carriers and chemical tankers from 600 to 320,000 DWT in size – with many being young and energy-efficient with an age profile below the industry average. The company also has a dynamic newbuilding supervision department.

Learn more: www.fleetship.com

Higher education institutions play a key role in supporting this development by providing students with opportunities to build both foundational knowledge and specialised expertise. Through collaborations with international university partners, SIM Global Education (SIM GE) offers a range of academic pathways across business, management, analytics, marketing and related disciplines that can support students with entrepreneurial aspirations.

Understanding the Educational Choices Available
The growing variety of higher education options presents both opportunities and challenges for students. While many may have an interest in entrepreneurship or business, determining the most suitable academic pathway is often less straightforward.

Entrepreneurship today extends beyond the traditional concept of starting a business. It can encompass leading innovation within established organisations, developing new products and services, scaling family-owned enterprises, creating social ventures, or participating in emerging start-up ecosystems. As a result, students are increasingly seeking educational pathways that align with their individual interests, strengths and long-term goals.

A well-informed educational choice can help students develop the competencies most relevant to their intended career direction, whether that involves business leadership, digital innovation, market expansion or social impact.

Building a Foundation Through Business Education
A business-related degree can provide aspiring entrepreneurs with a broad understanding of how organisations operate. Entrepreneurs need to understand markets, customers, finance, operations, competition and strategy. They also need to make decisions with limited resources and adapt quickly when business conditions change.

At SIM GE, business-related programmes allow students to explore fields such as analytics, strategy, marketing and management. These areas are relevant to students who want to develop a practical understanding of how businesses are built, managed and grown.

For students who are still exploring their future direction, a business pathway can provide flexibility. It can prepare them for employment, support future postgraduate or professional learning, and build a foundation that may later be applied to entrepreneurial ventures.

Management programmes for future leaders and founders
Entrepreneurship is often associated with ideas, innovation and opportunity. However, successful ventures also depend on effective management. Founders must lead people, manage resources, build processes, work with partners and make decisions that affect the long-term sustainability of the business.

Management-focused programmes are therefore especially relevant for students who want to understand how organisations are led and how teams work together. Such programmes can help learners develop perspectives on leadership, planning, decision-making and organisational effectiveness.

For future entrepreneurs, management knowledge is important because a strong idea must eventually be supported by the ability to execute. Whether students later start their own businesses or lead innovation within existing organisations, management capabilities can help them turn ambition into action.

The Growing Importance of Data and Analytics
As organisations become increasingly data-driven, analytical capabilities have become a valuable component of entrepreneurial decision-making. Entrepreneurs are expected to evaluate market opportunities, understand customer behaviour and assess business performance using data and technology.

Analytics-related programmes can help students develop these capabilities, enabling them to make more informed decisions and respond effectively to changing business conditions. Such skills are particularly relevant for those interested in digital business, e-commerce, technology ventures and business intelligence.

Marketing and international business for market-ready ventures
A strong business idea also needs a clear target market and a business strategy to back it up . Students who are interested in brand-building, customer engagement, communications or market expansion may benefit from marketing and international business-related pathways.

Marketing-focused learning can help students understand consumer behaviour, positioning, customer experience and value creation. International business exposure can help students think beyond a single market, especially in a region such as Southeast Asia where businesses often need to understand cross-border opportunities.

For future entrepreneurs, these perspectives can support the development of ventures that are customer-focused, market-aware and better prepared for regional or global growth.

Entrepreneurship and Social Impact
Entrepreneurship is increasingly being viewed through a broader lens that includes social and environmental outcomes. Alongside commercial objectives, many entrepreneurs are seeking to address societal challenges and contribute to sustainable development.

Initiatives such as the Dr Richard K M Eu – SIM Social Entrepreneurship Centre reflect the growing interest in social innovation and impact-driven enterprise. Exposure to these concepts can help students explore how entrepreneurial thinking can be applied to create sustainable solutions for communities and society.

Preparing for the Future
While there is no single educational pathway that guarantees entrepreneurial success, the most appropriate route depends on an individual’s interests, strengths and aspirations. However, regardless of specialisation, future entrepreneurs will require a combination of technical knowledge, critical thinking, adaptability, leadership and communication skills.

As Singapore continues to strengthen its position as a hub for enterprise, innovation and regional business activity, education remains an important foundation for entrepreneurial development. By providing access to diverse academic pathways and internationally recognised programmes, institutions such as SIM GE support students in making informed decisions and developing the capabilities needed to navigate an increasingly complex and dynamic business environment.

For many aspiring entrepreneurs, the journey begins not with the launch of a venture, but with the educational choices that help shape future opportunities.

References

1. SIM GE University Partners – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
2. SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/overview
3. SIM GE Business Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business
4. SIM GE Management Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/management
5. SIM GE Business Analytics Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/business-analytics
6. SIM Social Entrepreneurship Centre – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/ressec
7. The Future of Job 2025 Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/digest/
8. SkillsFuture Critical Core Skills – https://jobsandskills.skillsfuture.gov.sg/frameworks/critical-core-skills
9. Singapore Ranks 4^th Global Startup Ecosystem – https://www.enterprisesg.gov.sg/-/media/esg/files/media-centre/media-releases/2025/may/mr02125_singapore_ranks_as_4th_best_global_startup_ecosystem.pdf

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

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About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit www.sim.edu.sg

The West Synchrony™ Prefillable Syringe (PFS) System offers strategic infrastructure to support Chinese biotech innovators to expand their global footprint in biologics and vaccines.

SHANGHAI, CHINA – Media OutReach Newswire – 16 June 2026 – West Pharmaceutical Services, Inc. (NYSE: WST), a long-standing partner to China’s pharmaceutical industry, today announced the availability of its West Synchrony™ prefillable syringe (PFS) system to drug developers at CPHI & PMEC China 2026, taking place June 16-18, 2026. This innovative platform uniquely integrates the syringe barrel, plunger, and needle shield/tip cap into a fully harmonized, verified system from a single supplier and emphasizes the company’s commitment to supporting the development of China’s biopharmaceutical sector in alignment with the country’s 15th Five-Year Plan. By strengthening the innovation ecosystem and accelerating development and time to market, the company supports China’s biopharmaceutical companies in achieving biotechnology breakthroughs and reaching global milestones.

Enabling China’s Next Phase of Global Biopharmaceutical Growth

To support Chinese biopharmaceutical companies in their ambitions, West has now made the West Synchrony™ PFS system available in the country.

This gives Chinese innovators the infrastructure needed to compete on quality, safety, and regulatory compliance across international markets, with greater confidence and efficiency.

“Chinese biopharmaceutical companies today have established themselves as serious global innovators, with significant opportunities to sustain momentum through high‑quality innovation,” said Maha Guruswamy, Vice President & Managing Director, Commercial, Asia Pacific. “The challenge is that a traditional, individual-component system introduces significant technical and regulatory complexities. West Synchrony addresses these by providing a fully verified and integrated containment and delivery system from a single source, allowing our partners to accelerate development and focus on delivering therapies to patients.”

Deepening A Long-Term Partnership with China’s Pharmaceutical Ecosystem

The introduction of the West Synchrony™ PFS system reflects the company’s decades-long commitment to supporting pharmaceutical innovation. This investment extends beyond product offerings to include technical expertise, regulatory support, and a single source of accountability that serve both domestic Chinese companies and multinational partners operating in China.

“As China’s biopharmaceutical companies continue to strengthen their capabilities and expand their presence globally, West is committed to partnering with them at every stage of their growth journey,” said Philip Wang, Senior Director, Commercial, China. “We aim to enable them to achieve their global ambitions, and the West Synchrony™ PFS system is one example from our portfolio of high‑quality, innovative solutions that provide customers with the same trusted infrastructure relied upon by leading multinational pharmaceutical companies worldwide.”

Join West at CPHI & PMEC China 2026

The West Synchrony™ PFS system will be showcased at CPHI & PMEC China 2026, where an expert from West will present on the role of integrated delivery systems in supporting China’s next phase of biopharmaceutical innovation and its global ambitions for expansion. Trade media and industry stakeholders interested in learning more about the technology and its application in biologics are invited to visit the West booth during the exhibition. The details of the presentation are as follows:

Presentation: “Stop Piecing It Together—Get an Integrated Verified Prefillable Syringe System from One Source”

• Date & Time: June 17, 14:10-14:40

• Location: Shanghai New International Expo Center

• Speaker: Lynn Yao, Senior Manager, TCS, AP

The West Synchrony™ PFS System is now available to bio and pharmaceutical companies in China. Visit West at Booth N5D18 to learn more, or find out more information via the website here.

Forward-Looking Statements

Certain forward-looking statements are included in this press release. They use words and phrases such as “achieving biotechnology breakthroughs,” “reaching global milestones,” “accelerate development,” and other similar terminology. These statements include, but are not limited to, statements regarding the anticipated benefits of the West Synchrony™ prefillable syringe system in China, the expected growth of China’s bio-health and pharmaceutical industries, and West’s ability to support customers’ development and commercialization efforts. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this release.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in market conditions, regulatory requirements, global economic and geopolitical conditions, customer demand, supply chain constraints, competitive developments, technological changes, and other risks. These important factors are not all inclusive. For a description of certain additional factors that could cause West’s future results to differ from those expressed in any such forward-looking statements, see Item 1A, entitled “Risk Factors,” in West’s Annual Report on Form 10-K for the year that ended on December 31, 2025. Except as required by law or regulation, West undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Hashtag: #WestPharmaceuticalServices

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About West Pharmaceutical Services, Inc.

Headquartered in Exton, Pennsylvania, USA, West in its fiscal year 2025 generated USD 3.07 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor’s 500 index. For more information, visit www.westpharma.com.

All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries in the United States and other jurisdictions, unless otherwise noted.

By Nitya Chakraborty Prime Minister Narendra Modi will be taking part in the outreach session of the 52nd meeting of G7 being held in Evans of France hosted by the French President Emanuel Macron. Already the main session started on Monday with the participation of the leaders of the seven nations. The main task of […]

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