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The HR Asia Awards are among Asia’s most prestigious annual human resources awards, recognizing organizations that demonstrate excellence in workplace culture and sustainable people development. Winners are evaluated using the TEAM (Total Engagement Assessment Model), which measures employee engagement, organizational trust, and workplace experience, drawing on benchmarking data from more than 2.5 million employees across 20,000 organizations throughout the region.

According to the independent assessment conducted for the HR Asia Awards 2026, Green SM significantly outperformed market benchmarks in the “Best Companies to Work for in Asia” category, achieving outstanding scores across several key dimensions, including technology enablement in the workplace (4.8/5), workplace sustainability (4.71/5), and diversity, equity, and inclusion (4.72/5).

A defining element of Green SM’s workplace culture is its unwavering commitment to the principle that “Every Voice Counts.” This commitment is embedded through comprehensive employee engagement initiatives, including regular internal surveys, 360-degree performance evaluations, and multiple feedback channels that transform employee insights into tangible improvements in policies, workplace practices, and operational excellence.

At Green SM, talent development is viewed not merely as an HR function but as a strategic driver of service excellence. The Company continues to invest comprehensively in recruitment, professional training, operational standardization, workplace culture, and structured career development pathways for its Green Drivers. In parallel, Green SM delivers continuous capability-building programs for managers and employees, combining practical learning with digital learning platforms to strengthen leadership and management capabilities and organizational agility in an evolving business environment.

Alongside its investment in people, Green SM has been progressively building a unified organizational culture across its international markets. Rooted in values established in Vietnam while embracing the diversity of local cultures and communities, the Company fosters an environment that encourages collaboration, continuous learning, and empowerment. This enables teams across different countries to uphold consistent service standards while remaining responsive to the unique needs of local customers and communities.

Green SM also received the Technology Empowerment Awards in recognition of its continued digital transformation in human resource management. Through the digitalization of HR processes, the development of competency frameworks, the expansion of digital learning ecosystems, and the integration of data-driven people management, the Company has streamlined repetitive administrative tasks, enhanced decision-making efficiency, and enabled employees to devote greater focus to innovation, customer experience, and superior service delivery.

Mr. Nguyen Quoc Tuan, Global Chief Executive Officer of Green SM, said: “Our people have always been the cornerstone of Green SM’s sustainable growth. We believe that when individuals are empowered by technology and united by shared values, our teams across every market can deliver exceptional experiences for our customers. These two awards affirm the direction we have taken and further strengthen our commitment to building a truly multinational organization with its roots in Vietnam.”

In 2026, Green SM aims to expand its global workforce and partner network to approximately 400,000 people worldwide. As the Company continues to accelerate its international expansion, it will further invest in talent development and technology-driven people management to build a highly capable global workforce, maintain consistent service excellence across markets, and advance its vision of becoming the world’s leading green mobility platform.

Hashtag: #GreenSM

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

By Nitya Chakraborty China is hosting the World Artificial Intelligence Conference (WAIC) in Shanghai on July 17 to 20 the deliberations of which are expected to decide the course of AI development globally as also the scope of AI governance as also collaboration for assisting AI growth in the developing countries. The four day session […]

The article World AI Conference In Shanghai On July 17-20 To Witness The High Tech Battle Between U.S. And China appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

England completed a commanding nine-wicket win in Bristol on Thursday, taking an unassailable 3-0 lead in the five-match series. The opening match was abandoned without a result, leaving Harry Brook’s side with the chance to complete a 4-0 sweep in Southampton on Saturday and replace India at the head of the rankings.

India made 158 for seven after choosing to bat, with captain Shreyas Iyer carrying the innings through an unbeaten 80. England reached 159 for one in only 13.5 overs, finishing the chase with 37 balls unused as Brook and Phil Salt dismantled a bowling attack that struggled for control.

Brook struck an unbeaten 79 from 35 deliveries, while Salt made 59 not out from 42. Their unbroken 146-run partnership turned what could have been a competitive chase on a slow surface into a one-sided contest.

The result extended India’s sequence of defeats across Ireland and England. Their tour began with a 2-0 series loss in Belfast, where Ireland recorded their first men’s international victory over India before completing a clean sweep. England then won three completed matches in succession, exposing weaknesses in India’s batting, bowling and fielding.

The slide represents an abrupt reversal for a team that entered the tour as the leading side in the format after defending its T20 World Cup title. India’s depth, power-hitting and varied bowling attack had made it the standard-setter in international T20 cricket, but a reshaped squad has struggled to reproduce that authority in unfamiliar conditions.

Iyer’s innings in Bristol prevented a lower total, yet India failed to build partnerships around him. The captain arrived after the early loss of Abhishek Sharma and watched the middle order repeatedly surrender momentum. Vaibhav Sooryavanshi and Shivam Dube offered brief support, but England’s bowlers controlled the scoring rate and forced mistakes.

Jofra Archer led the attack with two wickets for 20 runs, combining pace with well-directed slower deliveries. England also fielded sharply, cutting off boundaries and converting pressure into dismissals as India failed to accelerate decisively during the closing overs.

Iyer acknowledged that 158 was below the total required and said India had fallen short in all three departments. His unbeaten effort offered evidence of personal form, but it also highlighted the dependence on one batter during a series in which the top order has been inconsistent.

England’s chase demonstrated the growing confidence within Brook’s side. An early wicket did little to interrupt their approach. Brook attacked the shorter boundaries while Salt maintained the tempo, ensuring India could not settle into defensive bowling patterns.

The hosts have won 19 of their 22 completed T20 internationals since Brook assumed the captaincy, a run built on aggressive batting, flexible selection and an increasingly effective pace group. Their victories against India have come through different routes, underlining the balance of the squad.

Jacob Bethell guided England through an early collapse in Manchester, scoring an unbeaten 76 as the hosts chased 191 with six balls remaining. At Trent Bridge, the pace attack dominated after England posted 201 for seven. India were dismissed for 76, suffering their heaviest defeat by runs in a T20 international.

Josh Tongue took four wickets in that match and Archer claimed three as India lost by 125 runs. Iyer described the batting display as unacceptable, but the response in Bristol was limited despite his own substantial contribution.

The tour has also intensified scrutiny of India’s transition under a new captain. Sooryavanshi became the youngest player to represent the country at senior level when he debuted at 15 in Manchester. His selection reflects an effort to prepare a new generation, although the decision to introduce inexperienced players during a demanding away campaign has increased the pressure on the established members of the squad.

Injuries have further disrupted India’s plans, with fast bowler Prasidh Krishna and all-rounder Washington Sundar among the players rotated into the side. The changes have complicated efforts to establish a settled combination and clear roles.

By Paul Murray, CEO Life & Health Reinsurance, Swiss Re

SINGAPORE – Media OutReach Newswire – 9 July 2026 – Op-ed by Paul Murray, CEO Life & Health Reinsurance, Swiss Re.

Ten years.

That is roughly how long we have before many societies reach one of the most defining demographic tipping points of our era: the point at which the “new” silver economy (over 65’s) outnumber people aged 30-59 who have traditionally been the bedrock of the life and pensions system.

The significance of this shift goes far beyond demographics.

It represents a symbolic moment that forces us to rethink the intergenerational contract: how we provide care and financial security for people as they move into later life – and how we finance a new set of needs.

The demographic evidence is already visible across major economies. In the US, adults aged 65 and over already outnumber children in 11 states. Singapore’s over-65 population has nearly doubled in a decade to 21%. Japan is approaching 30%. The UK, France and Germany are not far behind

These numbers are well-known. But their meaning is not yet fully reflected in our industry’s existing product strategy.

The tipping point is also more than a statistical curiosity. We will experience it through the decisions we make coming into retirement and to secure the future of the generation coming after us. We will need to make new choices on how we fund care. We will need to make new assumptions about when to retire. And we will face a new reality around how much of the financial burden falls on the state, families or the individual.

Families have always carried the weight of old age, even as pensions, healthcare systems and social care programmes have broadened that responsibility across society.

But the arithmetic underpinning the system is breaking. Globally, the ratio of working-age people financially supporting each person over 65 is projected to fall from around five-to-one in 2021 to three-to-one by 2050. Across developed markets, debates about pension reform, healthcare funding and retirement ages reflect the same underlying question: how do we maintain security and dignity later in life when there are fewer hands to carry the weight?

It’s not a crisis of demographics. It’s a crisis of design – our systems were built for shorter lives and larger workforces, and they haven’t been rebuilt for the world we are actually entering.

That insight matters because it challenges how we think about insurance’s role. I believe we have less than a decade to develop the products that the older consumers who make up the Silver Economy – and their families – will need.

There will be no silver bullet. We cannot return to a single solution based around family care versus public provision. The individual retiree will be the focus, but our thinking will need to be based on a more collaborative model in which families, governments, communities and the private sector work together.

Recent Swiss Re consumer research in France and Germany revealed something striking. People don’t think about later life in terms of pensions or insurance policies. They think about practical outcomes: staying independent, being resilient when health shocks hit, not becoming a burden to their children.

Our industry has spent decades optimising for wealth accumulation and income protection during working years. Ageing societies demand we apply the same rigour to what happens after.

That does not mean the intergenerational contract has failed. It means it is evolving.

We are already seeing what that evolution looks like in practice.

• Senior health products in Asia are closing a real gap —The median age of cancer diagnosis is 67, yet many critical illness policies expire before retirement even begins. The result is high out-of-pocket expenses, stressed public healthcare, and increased burden on families. With dedicated products to cover later life illnesses, such as senior cancer products we are effectively closing a protection gap.
• Long term care in France has had some success with private solutions alongside public provision. With over 1.4 million people covered by private long term care insurance, France has built a strong risk pool that directly addresses one of the strongest concerns expressed by consumers: not becoming a burden on the next generation.
• Deferred annuities offer a third path beyond the binary “draw-down versus annuity” thinking. By combining flexibility today with guaranteed income later, they help transform longevity from an individual financial risk into one that can be shared more broadly.

At first glance these solutions appear very different. In reality, they are pieces of the same puzzle. Each expands the circle of support around the individual. They help families carry less of the burden alone, and they complement the work of state safety nets.

That is what the next evolution of the intergenerational contract looks like in practice.

Ageing societies are one of humanity’s great achievements. But if our products and institutions stay built for a demographic reality that no longer exists, achievement curdles into liability.

We have a decade to close that gap. Let’s treat it as a product-development window, not a deadline.

Disclaimer
Certain statements and illustrations contained herein are forward-looking and are made for informational purposes only. These statements (including as to plans, objectives, targets, and trends) and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Readers are cautioned not to place undue reliance on forward-looking statements. Swiss Re undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Further information on forward looking statements and the use of information contained in this publication can be found in the Legal Notice section on Swiss Re’s website.

Hashtag: #SwissRe #lifeinsurance #reinsurance

https://www.swissre.com/
https://www.linkedin.com/company/swiss-re/

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

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

Separated by thousands of miles, the two millennia-old port cities reconnected, leveraging their ports as a bond and cultural exchanges as a cohesive force to hold in-depth talks on integrated port-city development and bilateral economic and trade connectivity.

This cross-Indian Ocean dialogue echoes the ancient Maritime Silk Road while charting a brand-new outbound development path. As a pivotal starting port of the ancient Maritime Silk Road, Ningbo is building a new global trade landscape powered by smart manufacturing.

A thousand years ago, merchant vessels from Mingzhou Port set sail southward loaded with Yue Kiln celadon porcelain, passing through Ceylon to deliver Oriental crafts across the Indian Ocean coasts. Precious gemstones and spices traveled the same sea route back to regions south of the Yangtze River, laying the groundwork for the earliest cultural exchange between the two ports through trade. Today, the cargo carried by giant cargo ships has undergone a dramatic transformation. Beyond traditional daily necessities, intelligent equipment, digital home appliances and industrial robots now dominate shipments.

Official statistics show that Ningbo’s exports of intelligent equipment, including mechanical arms and industrial robots, hit 440 million yuan in 2025, surging more than 40% year-on-year. From January to May this year, Ningbo’s exports of mechanical and electrical products maintained steady growth, reaching 247 billion yuan, a 4.1% year-on-year increase and accounting for 58.0% of the city’s total export volume. The new energy foreign trade sector saw explosive growth, with exports of new energy vehicles, lithium batteries, and photovoltaic products jumping 138.4% year-on-year, with electric vehicle exports skyrocketing 215.9%. Smart manufactured goods are continuously expanding the scope of Ningbo’s foreign trade.

Complementing the Colombo forum, an exhibition highlights Ningbo’s outstanding going-global enterprises and their products, vividly illustrating the profound shift in Ningbo’s trade structure.

Alongside time-honored Maritime Silk Road staples such as celadon porcelain and silk, Ningbo’s smart manufactured products—including AI translation glasses, intelligent outdoor gear and digital small home appliances—occupy prominent display spaces across the venue. In Sri Lanka, Ningbo smart water meters are widely adopted nationwide, while handheld cooling fans and intelligent kitchen appliances have entered ordinary households.

Leveraging Colombo Port’s transshipment advantages, massive volumes of Ningbo smart manufactured goods are distributed onward to Europe, the Middle East and beyond. What Ningbo exports today is no longer mere commodities, but a complete outbound solution integrating technology, brand value and after-sales services.

Faced with mounting challenges including homogeneous global market competition and rising trade barriers, Ningbo’s manufacturing sector has abandoned the old model of low-cost OEM production, relying on intelligent transformation to consolidate its competitive edge in overseas markets.

Over more than a decade of digital transformation efforts, Ningbo has achieved full digital upgrading of all industrial enterprises above designated size. A large number of local factories have built unmanned black-light workshops and flexible production lines, escaping vicious price competition through continuous technological iteration. Represented by five specialized, sophisticated, distinctive and innovative enterprises dubbed Ningbo’s “Five Little Tigers”—famous for their core proprietary technologies, including highly sophisticated visual inspection equipment, heat-resistant materials, sun-proof coatings, puncture-proof materials and self-drilling fasteners—these niche manufacturers have developed differentiated technical routes and full-spectrum production capacity, cementing irreplaceable competitiveness for Ningbo smart manufacturing on global markets.

Beyond trade expansion, Ningbo has built a supporting cultural communication system to ensure “products go global, accompanied by local culture”.

The launch of Sri Lanka’s first “One-Meter Cultural Space” cultural station during the Colombo event marks a tangible milestone of Ningbo’s go-global initiative. Built on enterprises’ overseas outlets, these miniature cultural exhibition halls integrate intangible cultural heritage crafts, urban stories and smart products, enabling overseas clients to experience cutting-edge manufacturing while gaining insight into Ningbo’s profound cultural heritage.

During the twin-city story-sharing session, Ningbo entrepreneurs based in Sri Lanka and local designers blending Chinese and Sri Lankan aesthetics shared stories of bilateral exchanges. Economic and trade ties have evolved into a bond for people-to-people communication, bridging divides in cross-cultural trade.

From Tang-dynasty celadon porcelain sailing across the Indian Ocean to intelligent equipment shipping to every corner of the globe, Ningbo, the ancient Maritime Silk Road port, has preserved its enduring gene of openness. Where exchanges once relied purely on commodity trade, today smart manufacturing underpins a stable, diversified and high-value-added global trade network.

The Ningbo-Colombo dialogue stands as a vivid microcosm of this transformation: the port still links lands and seas, yet the core of its trade has undergone a full intelligent upgrade.

Rooted in its historical legacy as a key Maritime Silk Road hub, Ningbo has consolidated its industrial foundation through a decade of digital development, expanded global market reach via worldwide port networks, and softened trade cooperation through cultural exchanges. This brand-new outbound shipping route forged by smart manufacturing has not only reshaped the city’s foreign trade landscape, but also delivered a replicable port-city development model for Chinese manufacturing to go global.

Hashtag: #NingboSmartManufacturing #MaritimeSilkRoad #GlobalTrade

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

By Arun Srivastava The Loot of the huge funds and jewelleries from the coffers of Ram Mandir Trust has led to intensification of factional battles between the VHP and the RSS on the one hand and the RSS-BJP on the other. Interestingly, insiders say that Prime Minister Narendra Modi has taken his position supporting the […]

The article RSS And VHP Are At Loggerheads On The Issue Of Loot Of Ram Mandir Funds appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

• Exclusive Co-Development: The partnership covers the exclusive supply and co-engineering of the IVECO URANIA and IVECO TUTELA ranges – the only fluids officially recommended by IVECO
• Network Support: PLI will strengthen support for IVECO’s European dealer network, driving customer value, reliability, and total cost-of-ownership (TCO) optimisation

TURIN, ITALY – Media OutReach Newswire – 9 July 2026 – IVECO, one of Europe’s leading commercial vehicle manufacturers, and PETRONAS Lubricants International (PLI) have officially renewed their long-standing strategic partnership for an additional five years. The agreement extends the partnership through 2032, reinforcing a collaboration that has driven innovation, performance, and sustainability in the commercial transport sector for more than 50 years.

The renewal ensures the continued supply and joint engineering of a comprehensive range of lubricants designed for commercial vehicles. From advanced engine oils to transmission fluids, brake fluids and coolants, PLI and IVECO will continue to formulate solutions specifically engineered to meet the demanding operational requirements of IVECO’s commercial vehicle portfolio across Europe.

A Legacy of Technical Excellence

This milestone reflects the sustained success of the co-branded IVECO URANIA engine oils and IVECO TUTELA technical fluids, developed through decades of joint R&D and a shared commitment to delivering high-performance, energy-efficient solutions that maximise vehicle uptime and extend component life. The ranges are also the only fluids recommended by IVECO.

The partnership’s rapid pace of innovation was recently highlighted by the launch of Urania Next 0W-16. This breakthrough –the first SAE 0W-16 engine oil developed specifically for heavy-duty applications – delivers exceptional fuel efficiency, reduced CO₂ emissions, and extended oil drain intervals. Furthermore, the formulation is Euro 7 ready, supporting improved efficiency and emissions performance for IVECO’s latest generation of engines.

Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, commented, “The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability.”

Driving Dealer and Customer Value

The renewed agreement also places a strategic focus on the IVECO dealer network. Beyond providing cutting-edge products, PLI will implement targeted initiatives aimed at strengthening dealer engagement and reinforcing customer awareness of IVECO’s officially approved lubricants. These initiatives are expected to support dealer business growth across European markets, while helping customers benefit from enhanced vehicle reliability and optimised total cost-of-ownership.

Domenico Ciaglia, Group Chief Strategy & Transformation Officer of PETRONAS Lubricants International (PLI), said: “This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO’s ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together.

Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers.

This renewed collaboration further reinforces the foundation of PLI’s broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally.”
Hashtag: #PETRONASLubricantsInternational #PLI #IVECO #industrial #lubricants #technology

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

PETRONAS Lubricants International (PLI)

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia’s dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS’ partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.

We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.

PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit www.pli-petronas.com.

• SNP builds on Palantir platforms to deliver new AI-powered solutions for solving mission-critical customer challenges
• The partnership will build on SNP’s strong base with more than 3,000 customers globally and 15,000 successful SAP transformation projects
• SNP and Palantir will leverage their strengths to help customers modernize their SAP landscapes and business processes in a predictable and secure way

SINGAPORE – Media OutReach Newswire – 9 July 2026 – SNP SE, a leading provider of software for AI-enabled digital transformation, automated data migration and data management in the SAP environment, and Palantir, a global leader in artificial intelligence and data platforms, today announced a strategic partnership at SNP’s flagship event, Transformation World, in Heidelberg, Germany. The collaboration positions SNP to develop new AI-powered solutions with an aligned approach to accelerate SAP transformations for joint customers.

The two partners will offer solutions for mission-critical challenges across all types of SAP projects, helping customers improve speed, efficiency and quality. The first joint solution, Test Data Proposal, solves a so far highly manual area of SAP migrations, the identification of relevant test data for given customer test cases. By leveraging AI, this process runs automatically and saves customers’ time and resources. Test Data Proposal will expand SNP’s proven Kyano® platform.

As part of the partnership, SNP and Palantir are also collaborating in large-scale moves to SAP Cloud ERP applications where customers seek to accelerate these modernization programs. Both companies combine complementary, category-leading strengths. SNP contributes deep real-world SAP data migration expertise while Palantir provides state-of-the-art AI-driven software platforms, which enable and accelerate secure modernizations for customers.

“Organizations are looking for new ways to increase speed, efficiency, and quality in large-scale SAP transformations,” said Jens Amail, CEO of SNP. “We are hugely excited to collaborate with Palantir, a company that has leveraged AI to revolutionize and accelerate the way enterprises modernize mission-critical systems and automate operations. Together, we will deliver secure outcomes and new solutions to customers and partners.”

“We have seen exceptional momentum accelerating SAP migrations for customers, and helping them do so via the Ontology and AIP (Artificial Intelligence Platform) in a way that significantly compresses the timeline and delivers operational value along the way,” said Sameer Kirtane, Head of US Commercial at Palantir. “SNP over the last 30 years has built an impressive track record of delivering predictable, compliant and auditable outcomes in thousands of successful engagements. We are proud to partner with SNP to fundamentally rethink how customers transform their SAP landscapes.”

Hashtag: #SNP #Palantir #SAP #AI

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

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano^® platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the Bluefield^® approach, Kyano sets a comprehensive industry standard for restructuring and modernizing enterprise data faster and more securely while harnessing AI-driven innovations based on over 30 years of experience.

The company works with more than 3,000 customers of all sizes and in all industries in over 80 countries, including numerous DAX 40 and Fortune 500 companies. The SNP Group has more than 1,600 employees worldwide at over 34 locations in 22 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 297 million in the 2025 fiscal year.

More information is available at www.snpgroup.com

About Palantir

Foundational software of tomorrow. Delivered today.

Additional information is available at https://www.palantir.com

Palantir Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the amount and the terms of the contract and the expected benefits of Palantir’s software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir’s control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir’s platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir’s platforms’ reliability; and customers’ ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Palantir’s forward-looking statements speak only as to Palantir, and Palantir assumes no responsibility for the accuracy or completeness of any forward-looking statements made by any other party. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

By K Raveendran The Narendra Modi government’s position on fuel prices now looks less like prudent caution and more like an overly defensive reading of a market that has already absorbed much of the Iran-US risk. The more calibrated question, therefore, is not whether New Delhi is right to watch the West Asian security situation, […]

The article Modi Govt’s Overcautious Oil Market Reading Hurting Retail Fuel Customers appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Compelling path to $1billion ARR and public offering, fueled by product market fit in the agentic AI age, explosion of identities and related threats, and accelerating growth

SINGAPORE – Media OutReach Newswire – 9 July 2026 – Keeper Security (“Keeper” or “we”), the identity security platform for humans, machines and AI agents, today announced a major milestone in its journey to become the market standard for AI-native identity security, having reached $225 million in Annual Recurring Revenue (ARR). Since 2021, Keeper’s ARR has grown over 3x.

Keeper protects over 95,000 organizations, which includes many Fortune 500 enterprises and public sector agencies. The company is quickly emerging as the market standard for AI-native identity security for enterprises globally with its leading zero-trust and zero-knowledge identity security platform. In 2025, leading analyst firm Gartner recognized Keeper as the second-fastest-growing security software competitor globally, second only to Google.* This recognition underscores Keeper’s rapid market expansion in addressing identity security challenges created by cloud transformation and artificial intelligence adoption across enterprise infrastructure and endpoints.

Keeper is now growing at over 4x the industry average.

This market-leading growth is driven by the explosion of identities in the agentic AI age and relentless focus on innovation to protect customers, as evidenced by the release of its unified privileged access management and identity security platform, KeeperPAM®, which protects both human and Non-Human Identities (NHIs), including service accounts, machine identities, databases, AI agents and agentic workloads. Since the launch of KeeperPAM in February 2025, KeeperPAM revenue has exhibited 10x year-over-year growth and Keeper has seen industry-leading new customer growth, adding an average of 850 new organizations every month. In the last fifteen months, Keeper added over 400 innovative features and products to KeeperPAM.

“Identity is the new security perimeter,” said Darren Guccione, CEO and Co-founder of Keeper Security. “As enterprises increasingly deploy AI agents and autonomous systems, the number of privileged identities and machine credentials is growing exponentially. Organizations need a modern, unified platform that secures every identity – human and non-human – and governs every privileged interaction. Our growth reflects the market’s demand for a platform purpose-built to address these challenges.”

Keeper’s cloud-native cybersecurity platform delivers a comprehensive approach to identity security and privileged access management by unifying enterprise password management, secrets management, privileged session management, database management and endpoint privilege management in a single platform. Keeper’s AI-native identity security strategy seamlessly extends these capabilities to non-human identities and agentic AI environments, enabling organizations to discover, manage and secure machine credentials and autonomous workloads with the same rigor applied to human users.

As enterprises adopt AI technologies at scale, the proliferation of non-human identities is rapidly outpacing that of human identities by 150:1, according to reports, thereby creating new attack surfaces and operational complexity. Keeper’s platform helps organizations establish identity-first security strategies that provide security, visibility, governance and least-privilege controls across their entire identity ecosystem.

“Autonomous agents, frontier LLMs and machine-to-machine workflows are operating inside enterprise environments right now – without adequate governance, secrets management or access controls,” said Craig Lurey, CTO and Co-founder of Keeper Security. “Keeper is purpose-built to solve this problem at scale.”

The company’s continued growth and market recognition reinforce its position as one of the cybersecurity industry’s most innovative and fastest-growing providers of AI-native identity security and privileged access management solutions. Keeper’s financial profile combines best-in-class growth, profitability and a debt-free capital structure and is an asset positioned to efficiently lead identity security in the agentic AI age.

“Surpassing $225 million in ARR confirms what we’ve heard in every enterprise conversation – that securing non-human identities is the defining security challenge of the AI era,” said Darren Guccione, CEO of Keeper Security. “We have established an accelerated path to $1 billion in ARR which, coupled with our technology roadmap, will provide optionality for a public offering.”

Source Citation:

Gartner, Market Share Analysis: Security Software, Worldwide, 2025, Rahul Yadav, Deepali, 11 May 2026

Gartner is a trademark of Gartner, Inc. and/or its affiliates.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Business and Technology Insights Organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Hashtag: #KeeperSecurity

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

About Keeper Security

Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.

A Vision Built on Innovation

The event opened with a keynote by Eric Wang, Chief Marketing Officer (CMO) of CUKTECH, who shared the brand’s global vision and product roadmap for Southeast Asia, with Vietnam identified as one of its key strategic markets.

Eric Wang highlighted CUKTECH’s continuous investment in research and development (R&D) to solve the everyday challenges faced by modern consumers, including slow charging speeds, limited product innovation, and the increasing need for reliable, high-performance charging solutions that support multiple devices simultaneously. By combining advanced charging technologies with user-focused design, CUKTECH aims to deliver a faster, safer, and more intelligent charging experience.

Real-World Experience from Technology Reviewer Hung Khuc

One of the event’s highlights was a sharing session by Hung Khuc, one of Vietnam’s leading technology reviewers, who discussed his hands-on experience using CUKTECH products in his daily work.

“As a content creator who frequently shoots outdoors, I need charging devices that are both powerful and reliable. What impressed me most about CUKTECH’s power banks and chargers is their real-world performance. They can simultaneously fast charge my MacBook Pro, smartphone, and camera at full speed without power drops or interruptions.”

To promote transparency and foster closer engagement with the local technology community, the event concluded with an extensive media Q&A session. Eric Wang, together with CUKTECH’s product research and quality management teams, addressed questions on product localization, international safety standards, the brand’s one-for-one warranty policy, and future product development plans.

More than a product launch, Charge & Connect represents CUKTECH’s official step toward establishing a lasting presence in Vietnam. By combining cutting-edge charging technology, award-winning design, and a strong focus on user experience, CUKTECH is committed to delivering premium charging solutions that meet the evolving needs of modern consumers.

As the brand continues to expand its product ecosystem, CUKTECH aims to become a trusted technology partner for Vietnamese users while helping shape the future of premium charging accessories in the market.

Hashtag: #CUKTECH

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The commitments, unveiled at a government-backed industrial development event in Asan, place Chungcheong at the centre of a broader strategy to spread high-technology manufacturing beyond the Seoul metropolitan area and existing semiconductor clusters. President Lee Jae Myung praised the companies’ “bold decision” and called for faster execution of major industrial projects, warning that global competition in semiconductors and artificial intelligence will reward countries that move with speed on permits, power, water and land.

Samsung plans to invest 140 trillion won, or about $90 billion, across the central region. The programme covers display panels, high-bandwidth memory-related capacity, semiconductor packaging substrates, batteries and other core materials. The group’s plan is expected to reinforce manufacturing links between Samsung Electronics, Samsung Display, Samsung SDI and Samsung Electro-Mechanics, whose operations span chips, OLED screens, batteries and electronic components.

SK hynix said it would invest 100 trillion won, or about $64 billion to $72 billion depending on exchange-rate calculations, in Cheongju, North Chungcheong Province. The plan includes the M17 NAND flash memory fabrication plant and P&T7, an advanced packaging and test facility. M17 is scheduled to break ground in 2026 and begin operations in the first half of 2029, while P&T7 is targeted for completion by the end of 2027.

The Cheongju expansion is intended to strengthen SK hynix’s NAND business and add back-end capacity at a time when artificial intelligence systems are raising demand for both high-performance memory and storage. While high-bandwidth memory has received the strongest investor attention because of its role in AI accelerators, large-scale data centres also require more NAND-based storage as models, user data and enterprise workloads expand.

The Chungcheong plan follows a wider national push in which Samsung Electronics and SK hynix are expected to invest hundreds of billions of dollars in new chipmaking hubs over the next decade. The government has framed the initiative as a “triple axis” strategy built around semiconductors, physical AI and data centres, with the aim of building industrial strength outside the traditional capital-area manufacturing corridor.

For Samsung, the Chungcheong investment gives the group a regional base for several linked supply chains. OLED production in Asan and surrounding areas can support premium smartphones, tablets, monitors and automotive displays. Battery investment strengthens Samsung SDI’s role in electric mobility and energy storage, while semiconductor materials and packaging substrates address one of the key bottlenecks in AI hardware production.

For SK hynix, Cheongju already has semiconductor infrastructure, making it a faster route for expansion than a greenfield project. The company has been one of the largest beneficiaries of the AI memory boom, helped by demand for high-bandwidth memory used with Nvidia graphics processors. Its latest investment signals that the company is also preparing for broader memory demand, including NAND and advanced packaging.

The scale of the commitments underlines the strategic importance of memory chips to South Korea’s economy. Samsung Electronics and SK hynix are the world’s two largest memory chipmakers, with dominant positions in DRAM and a major presence in NAND. Their investment decisions affect global supply, pricing expectations and the pace at which cloud companies can build AI infrastructure.

The programme also carries risks. Semiconductor investment cycles have often produced periods of oversupply after large capacity expansions. Investors have shown caution over whether the current AI-driven boom can absorb the output planned by the industry, especially if data-centre spending slows or if memory pricing weakens before new factories reach full capacity.

Infrastructure remains another challenge. Advanced chip plants require stable electricity, ultra-pure water, skilled engineers and rapid permitting. Lee’s comments on execution reflect concern that delays could undermine the industrial strategy. Local governments are expected to face pressure to accelerate utility connections, transport links and land-use approvals while managing environmental and community concerns.

Regional development is a central political theme of the initiative. By placing more advanced manufacturing in Chungcheong and other areas outside Seoul’s orbit, the administration is seeking to reduce economic concentration and create high-value jobs in provincial cities. That ambition will depend on whether new factories attract suppliers, research teams and service industries rather than functioning as isolated production sites.

The training, announced on July 6, brings together the King Abdulaziz and His Companions Foundation for Giftedness and Creativity, known as Mawhiba, and Huawei as Saudi Arabia expands its pipeline of students capable of working across artificial intelligence, cloud computing, big data and telecommunications. The initiative forms part of a wider partnership that aims to train 500 beneficiaries in advanced technology fields.

Participants are being exposed to a mix of theoretical instruction and practical exercises, with the programme structured around real-world AI applications, global technology practices and workplace-based learning. The Shenzhen placement gives students direct access to one of Huawei’s main innovation centres, where they are expected to study how artificial intelligence tools are developed, deployed and integrated into digital infrastructure.

The programme covers core areas including AI fundamentals, machine learning, deep learning, foundation models and AI development tools. Its practical component is intended to help students move beyond classroom-level understanding into applied problem-solving, particularly in fields where AI systems are increasingly tied to business operations, public services and industrial automation.

Mawhiba’s role reflects its long-standing mandate to identify and support gifted students, while Huawei’s participation gives the programme an international industry dimension. The partnership is aimed at matching academic talent with technologies that are shaping labour-market demand, especially as Saudi Arabia increases investment in data centres, digital government, smart cities and automation.

The Shenzhen cohort follows the launch of the first joint Mawhiba-Huawei training track for Saudi university students in China. The programme is being presented as both a skills initiative and an international exposure opportunity, giving participants familiarity with advanced technology ecosystems outside the Kingdom.

Saudi Arabia has placed AI capacity-building at the centre of its digital transformation agenda. The Saudi Data and Artificial Intelligence Authority has been expanding training schemes for students, professionals and government leaders as part of efforts to create a national workforce capable of supporting data-driven economic diversification.

A separate programme at the authority’s headquarters in Riyadh began with 215 male and female students from 28 universities, giving participants training in data, artificial intelligence and advanced technologies. That initiative was designed to connect academic knowledge with practical experience in computer science, data science and AI, while aligning university outcomes with labour-market needs.

The scale of national AI training has grown sharply. More than 779,000 citizens have been trained through data and AI initiatives, including 9,775 specialists and 260 scientists and experts. More than 80 government leaders have also received training focused on the design and implementation of data and AI strategies.

The Mawhiba-Huawei programme adds a private-sector and cross-border layer to that domestic training push. For students, the China placement offers exposure to applied AI in a corporate setting. For policymakers, it supports an effort to create a wider base of young specialists who can work with global platforms while contributing to local technology goals.

Saudi Arabia’s AI strategy has increasingly focused on building human capital alongside infrastructure. The country has moved to strengthen data governance, support Arabic AI models, expand cloud capacity and encourage the adoption of emerging technologies across education, healthcare, finance, energy and government services.

The emphasis on training also reflects a growing recognition that AI adoption depends on more than hardware and software. Surveys and academic studies on generative AI use in Saudi Arabia show strong public engagement with AI tools, but also uneven technical understanding and concerns over privacy, misinformation, trust and responsible use. Structured training is therefore being treated as a way to improve both competence and confidence.

For universities, the programme underlines the pressure to update curricula as AI changes entry-level skill expectations. Employers in technology, finance, logistics and energy are increasingly looking for graduates who understand data handling, model behaviour, automation workflows and ethical safeguards. Programmes that combine classroom instruction with industry exposure are seen as a route to narrowing that gap.