Business News

Timpi and MASQ Network have merged their technologies to create an integrated platform combining decentralised search, private browsing, and distributed VPN capabilities. The combined product will operate under the MASQ brand, while Timpi will continue to provide the underlying independent web index powering the search experience. As part of the announcement, Timpi has launched its […]

Manulife has reinforced its artificial intelligence capabilities in Hong Kong with a new senior appointment and the relocation of a regional AI leader, supporting its vision to become an AI-powered organization. Hongjuan Liu has been appointed Chief AI and Data Officer for Hong Kong and Macau. He will report directly to Patrick Graham, CEO of […]

Asia-Pacific private equity is entering 2026 with renewed investor confidence, driven by a rebound in exit activity and positive net cash flows to investors for the first time since 2021, according to Bain & Company‘s Asia-Pacific Private Equity Report 2026. Exit value in 2025 rose 24% year-on-year, while exit volumes grew 8%. Net distributions to […]

RealVantage, a Singapore-based global real estate investment platform, has announced the allocation of USD 7 million in equity capital toward the acquisition of a 21-megawatt data center asset in Minneapolis, Minnesota. The transaction is structured in partnership with global alternative investment firm Arcapita Group Holdings Limited. The asset, currently operating at 21 megawatts, has a […]

ProductLife Group (PLG), a global provider of consulting and outsourcing services for the life sciences industry, today announced the appointment of Dr. James Burt as Chief Executive Officer, effective March 2026. Dr. Burt brings over 20 years of international leadership experience across the pharmaceutical value chain, including generics, biosimilars, orphan drugs and value-added medicines. He […]

QBE Insurance Group has announced the appointment of Reuben Lee as Transactional Liability (TLI) Lead for Asia, reinforcing its commitment to expanding its M&A insurance capabilities across the region. In this newly created role, Lee will be responsible for providing strategic direction for underwriting QBE’s transactional liability portfolio in Asia, with a focus on driving […]

Amid escalating geopolitical tensions and a rapidly evolving multipolar world order, global investors are increasingly reassessing their portfolio strategies, with renewed interest in China and broader emerging markets. This trend was highlighted at the 2026 Global Investors’ Symposium in Hong Kong, hosted by the Milken Institute. Industry leaders at the symposium emphasized that while short-term […]

Jakarta, Indonesia — Michael Bambang Hartono, one of Indonesia’s most prominent business leaders and majority shareholder of Bank Central Asia, has passed away at the age of 86. He died on Thursday at a hospital in Singapore, according to an official statement released by Djarum Group, the diversified conglomerate he co-led with his brother, Robert […]

Ant Group has received regulatory approval to acquire a majority stake in Bright Smart Securities & Commodities Group, according to a recent exchange filing. The transaction is expected to be completed by March 30. The deal involves the purchase of a 50.55% stake in Bright Smart through Wealthiness and Prosperity Holding, an entity ultimately controlled […]

Southeast Asian legal-tech startups may face increasing barriers when expanding into the United States as governments and large enterprises shift toward region-specific artificial intelligence platforms, according to Dmitry Shubov, founder of Dmitry Shubov Consulting. Research firm Gartner estimates that the use of sovereign cloud and region-specific AI platforms will grow from about 5% today to […]

JAR Capital Group, a leading Swiss external asset manager, today announced the appointment of Francois R. Farjallah as Vice Chairman. A seasoned private banking executive with over 30 years of global experience, Farjallah will play a key role in strengthening the firm’s strategic and governance framework. In his new role, Farjallah will support the Chairman […]

DWS, the asset management arm of Deutsche Bank, has entered into an agreement to acquire a 40% stake in Nippon Life India AIF Management Limited (NIAIF), marking a strategic move to strengthen its presence in India’s fast-growing alternatives market. NIAIF is a subsidiary of Nippon Life India Asset Management Ltd (NAMI), which is backed by […]

Media OutReach Newswire, Asia Pacific’s first global newswire, has announced a strategic content partnership with AsiaOne, one of Singapore’s leading digital media platforms. The collaboration marks a significant milestone, making Media OutReach Newswire the first newswire to provide guaranteed online news posting on AsiaOne. With this addition, the company becomes the only global newswire offering […]

Financial institutions in mainland China and Hong Kong are falling behind their global peers in artificial intelligence (AI) investments, despite recognizing the technology as a key driver of strategic transformation, according to a new PwC report. The report, based on a survey of 201 financial services professionals and 20 in-depth interviews conducted between October 2025 […]

SK Telecom (NYSE: SKM) announced that its AI Data Center interconnection architecture, titled “Signalling Requirements and Architecture for Artificial Intelligence Data Centers (AIDC),” has been approved as an international standard by ITU-T Study Group 11 (SG11). The new standard establishes a global framework for AI Data Center system interconnection, defining a three-layer architecture—Service, Management, and […]

Finastra, a global leader in financial services software, today announced the establishment of a centralized Artificial Intelligence (AI) Center of Excellence (COE) and the appointment of Chris McClellen as Senior Vice President, Group Head of AI, reporting to Chief Technology Officer Mike Stawchansky. This strategic move is designed to coordinate, scale, and accelerate Finastra’s AI […]

CBRE, a leading global real estate services firm, has appointed Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India. Based in Mumbai, Shah will focus on enhancing transaction execution in India’s hotels and hospitality sector, advising clients on investment opportunities and supporting operational scale-up for hotel portfolios. Shah brings over 20 years […]

In just under three years, Ankur Aggarwal has transformed from a Chartered Accountant into a leading real estate mogul, with his company BNW Developments achieving a Gross Development Value (GDV) of AED 32 billion (approximately USD 8.7 billion). Aggarwal, founder and chairman of BNW Developments, is pioneering ultra-luxury real estate development in the UAE while […]

Bitdeer Technologies Group has introduced its latest self-developed mining machine, the SEALMINER DL1 Air, designed to deliver higher efficiency and stable performance for Scrypt-based cryptocurrency mining. The new device is optimized for the Scrypt algorithm and is built to support mining of several digital assets, including Litecoin and Dogecoin, along with Bellscoin, Junkcoin, Luckycoin, and […]

The journey of Australian biologist Jeremy Griffith epitomises that entrepreneurial spirit. For fifty years, working independently of the scientific establishment, Griffith has pursued an audacious mission: to explain the human condition – why our species is capable of both profound love and devastating destruction.

MSIG Asia has announced two senior leadership appointments, with CEO Clemens Philippi assuming an expanded role within the MS&AD Insurance Group and Norihiro Tanaka being named chairman of MSIG Asia. Clemens Philippi, currently chief executive officer of MSIG Asia and executive officer at Mitsui Sumitomo Insurance (MSI) Japan, has been appointed executive officer of MS&AD […]

Mitsubishi UFJ Financial Group (MUFG) Bank today announced a strategic partnership with State Bank of India (SBI) aimed at supporting cross-border business growth between Japan and India. The collaboration will combine MUFG’s global financial network and expertise in cross-border finance with SBI’s extensive domestic reach to better serve companies expanding between the two markets. Under […]

Manulife has announced the appointment of Wilton Kee as Deputy Chief Executive Officer for Hong Kong and Macau, expanding his leadership responsibilities alongside his current role as Chief Financial Officer (CFO). In his expanded capacity, Kee will work closely with the Chief Executive Officer to support enterprise integration, strengthen management oversight, and enhance alignment on […]

Next-Generation AI Platform Leverages Data from Thousands of Locations to Optimize Operations, Forecast Demand, and Capture Rapid Growth in Asia-Pacific's $3.3 Trillion Foodservice Market

Singapore, March 14, 2026 – 12BET, a global sport and entertainment brand established in 2007, today announced the launch of new promotional initiatives in collaboration with SABA Sports, a leading sports data and technology partner supporting sports engagement ecosystems across Asia. The programs introduce structured incentives for both players and affiliate partners, expanding opportunities for […]

Chubb Life has appointed Jack Jiang as Chief Commercial Officer and a member of its executive committee, the company announced. Jiang will report to Bryce Johns, President of Chubb Life and Senior Vice President at Chubb Limited. In his new role, Jiang will oversee the company’s growth initiatives and commercial strategy. His responsibilities include leading […]

Singapore, March 13, 2026 – i-Sprint Corporation has completed a management buy-out (MBO) of its operating companies in partnership with private equity firm KV Asia Capital. The deal was led by i-Sprint’s existing management team and comes a year after the company marked its 25th anniversary. The transaction positions the cybersecurity firm for further growth […]

Singapore, March 13, 2026 – ECOVACS Robotics has introduced its “Created for Ease – Always in Your Corner” brand campaign across the Asia-Pacific region, highlighting the role of home service robots in supporting caregivers and households managing multiple responsibilities. The campaign adapts ECOVACS’ global “Created for Ease” brand idea for APAC markets by focusing on […]

British-domiciled insurer Prudential has appointed Alex Wong as Chief Information Technology Officer (CITO) for Hong Kong, Macau, and the Greater China region. Wong will report to Lawrence Lam, CEO of Prudential Hong Kong, and Anette Bronder, Chief Technology and Operations Officer. In his new role, Wong will oversee the end-to-end technology strategy for Prudential Hong […]

Singapore-based insurer Great Eastern Holdings has appointed Andrew Khoo as Chairman of its Board, effective 15 April 2026, according to a company filing. Khoo succeeds Soon Tit Koon, who will retire from the board after serving since January 2016, including the past three years as Chairman. Khoo joined the board of Great Eastern in September […]