Wednesday, May 13, 2026

Mavenir Selected For MagtiCom’s Nationwide Small Cell Deployment

KUALA LUMPUR, May 12 (Bernama) -- Mavenir, a cloud-native software company, has been selected by MagtiCom, Georgia’s largest telecommunications provider, as the strategic small cell technology partner for a nationwide deployment project.


Mavenir in a statement said it will supply its full range of fourth-generation (4G) and fifth-generation (5G) small cell technology, including hardware, software, management and orchestration solutions, following a successful trial earlier this year.


The nationwide deployment is expected to commence during the second quarter of 2026, starting with beta testing for priority residential, small office and enterprise customers ahead of full rollout later this year.


Mavenir Executive Vice President and General Manager IMS & RAN, Sachin Karkala said the company’s small cell solutions are designed to deliver capacity, coverage and energy efficiency across residential, enterprise and rural applications.


“We are proud to partner with MagtiCom to support its innovation agenda and help expand high-performance mobile connectivity and a superior digital experience for customers across Georgia,” he said.


Meanwhile, MagtiCom Chief Technology Officer, Vasil Melikidze said the partnership will strengthen the company’s efforts to expand capacity, improve indoor coverage and support growing demand for high-speed mobile data.


“This strategic collaboration will enhance the digital experience for our customers and reinforces MagtiCom’s role in driving Georgia’s next chapter of mobile innovation,” added Melikidze.


MagtiCom provides mobile telephony, fibre-optic internet, Internet Protocol television (IPTV) and Voice over Internet Protocol (VoIP) services to more than three million customers, consistently maintaining a leading position in the market.


Mavenir’s portfolio of cloud-native small cell solutions delivers 4G and 5G coverage across indoor, outdoor, enterprise, rural and private network environments, supporting sectors including Industry 4.0, healthcare, retail, aviation and maritime.


-- BERNAMA


Hong Kong and New Zealand among the 10 easiest jurisdictions to do business in, says the GBCI 2026


APAC ranks as a medium-complexity region, although India and China are among the 20 most complex


LONDON, May 13 (Bernama-GLOBE NEWSWIRE) -- TMF Group, a leading provider of compliance and administrative services, today launches the 13th edition of the Global Business Complexity Index (GBCI), which shows that operating across borders is becoming more demanding as regulations diverge and reporting obligations expand.

The GBCI analyses 81 jurisdictions representing over 90% of the world’s economy, ranking them from most (1) to least complex (81) to do business in. Based on 292 indicators per jurisdiction, the report focuses on the challenges businesses face across accounting and tax, legal entity management and employment requirements.

Hong Kong, SAR and New Zealand are among the top 10 least complex jurisdictions for doing business globally. These jurisdictions have consistently ranked as low complexity, given a stable, simple regulatory environment and robust digital infrastructure supporting it.

India ranks as the 13th most complex jurisdiction, with a federal structure in which central and state regulations intersect. While new reforms add layers of complexity in the short term, these changes, alongside a more business-oriented policy direction, have the potential to open new opportunities for foreign firms in the long term.

Japan, Taiwan and Singapore rank among the medium-to-low complexity jurisdictions. Japan’s (54th) efforts to attract inward investment include simplified processes for international financial firms, initiatives to attract highly skilled foreign talent and preferential tax treatment for asset managers. Taiwan, ROC (50th), combines ongoing digital transformation with investment-friendly programmes, despite regulatory and geopolitical challenges. Singapore (47th) continues to benefit from strong digitalisation, alignment with international accounting standards, a low corporate tax rate, a competitive corporate tax regime, and an extensive network of double tax treaties.

The top 10 most complex jurisdictions worldwide are led by Latin American and EU jurisdictions.

Greece ranks for the third consecutive year as the most complex jurisdiction in the world, mainly due to frequent legislative changes and ongoing regulatory reforms. Mexico is the second most complex, driven by frequent regulatory changes, unpredictable administrative requirements, evolving digital requirements and unclear expectations by the tax authorities. Brazil ranks as the third most complex, with a multi-layered tax system and frequent regulatory changes and heavy compliance demands, alongside inconsistent rules at federal, state, and municipal levels.

Top and bottom 10 jurisdictions (1= most complex, 81= least complex)
 
1. Greece72. Curacao
2. Mexico73. Malta
3. Brazil74. British Virgin Islands
4. France75. Czech Republic
5. Turkey76. New Zealand
6. Colombia77. Netherlands
7. Bolivia78. Hong Kong, SAR
8. Italy79. Jersey
9. Argentina80. Denmark
10 Peru81. Cayman Islands
  
“World political fragmentation and economic spread mean that businesses are adding jurisdictions to their supply chains, increasing the complexity of their governance. It also means that they have to deal with more uncertainty in those regulations,” said Mark Weil, CEO at TMF Group.

About TMF Group

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 13,000 experts and 125 offices in 87 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.

We work with the majority of the Fortune Global 500 and FTSE 100, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.

TMF Group – we make a complex world simple. www.tmf-group.com

Media Contacts
Marina Llibre Martin, Global PR Manager
marina.llibremartin@tmf-group.com

SOURCE: TMF Group B.V.

Boomi Announces FY26 APJ Partner Award Winners


SYDNEY, May 13 (Bernama-BUSINESS WIRE) -- Boomi™, the data activation company, today announced the winners of its FY26 APJ Partner Awards. The program celebrates Boomi partners that are driving innovation and delivering measurable business outcomes for customers across the region.

The awards highlight organizations that are leveraging the full breadth of the Boomi Enterprise Platform to activate data, simplify complexity, and accelerate agentic transformation — enabling customers to innovate faster, address evolving business challenges, and deliver meaningful impact across industries and communities.

"The pace of transformation across APJ has never been greater, and our partners are at the heart of it, translating the promise of data activation," said Jim Fisher, Vice President of Channels and Partners, APJ at Boomi. "These awards recognise partners who don't just implement technology but reimagine what's possible, helping organisations build the connected, AI-ready foundations they need to compete and grow."

Fisher added, "The Boomi APJ Partner Awards are a reflection of what we can achieve together. Our partner ecosystem continues to set the standard for innovation and impact, and we look forward to building on that momentum in the year ahead."

The FY26 APJ winners by category include:
  • APJ Partner of the Year – Atturra
  • APJ Growth Partner of the Year - EasyStepIn
  • ANZ Partner of the Year – Atturra
  • ASIA Partner of the Year – EasyStepIn
  • Greater China Partner of the Year - Atturra
  • India Partner of the Year – EasyStepIn
  • Japan Partner of the Year – Nomura Research Institute (NRI)
  • Southeast Asia Partner of the Year – Lancia Consult
To learn more about Boomi’s partner program, or to find a partner from Boomi’s global ecosystem, visit boomi.com/partners.

Join us at Boomi World Tour Sydney on 1-2 September 2026. Register for the event https://boomi.com/boomiworld/boomi-world-tour-sydney/

Additional Resources
About Boomi
Boomi, the data activation company for AI, powers the agentic enterprise by bringing data to life across the business. The Boomi Enterprise Platform is the active data foundation that delivers essential agentic infrastructure to drive agentic transformation. By unifying agent design and governance, API and MCP management, integration and automation, and data management into a single platform, Boomi enables organizations to harness the power of AI with secure, scalable connectivity. Trusted by over 30,000 customers and supported by a network of 800+ partners, Boomi helps organizations of all sizes achieve agility, efficiency, and innovation at scale. Discover more at boomi.com.

© 2026 Boomi, LP. Boomi, the ‘Boomi’ logo, the ‘B’ logo, and Boomiverse are registered trademarks of Boomi, LP or its subsidiaries or affiliates in the US and other countries. All rights reserved. Other names or marks may be the trademarks of their respective owners.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260512662359/en/

Contact

Media Contact:
Jasmine Ee
Head of Influencer Relations, APJ
jasmine.ee@boomi.com

Source : Boomi

Monday, May 11, 2026

AM BEST ASSIGNS EXCELLENT CREDIT RATINGS TO TOKIO MARINE NEWA INSURANCE



KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.

In a statement, AM Best said the credit ratings (ratings) reflected TMNewa’s very strong balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management.

The ratings also factor in the rating enhancement from its parent, Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF), which is the main insurance operating entity of Tokio Marine Holdings Inc.

TMNewa, Taiwan’s fourth-largest non-life insurer with a 7.6 per cent market share in 2025, focuses primarily on motor insurance through links with Taiwan-based Yulon Group.

The global credit rating agency said TMNewa’s risk-adjusted capitalisation remained at the strongest level at end-2025, supported by retained earnings, shareholder capital injections, conservative investments and strong liquidity.

AM Best added that TMNewa returned to favourable operating performance following underwriting losses linked to pandemic-related products in 2022, with return on equity reaching 25.7 per cent in 2025.

The expense ratio benefits from the company’s sustained control over management expenses and commissions, along with the increased scale, and remains below the market average.

Going forward, TMNewa is targeting profitable growth in non-motor business lines, including fire and liability insurance for small to medium-sized enterprises, while being disciplined on large commercial risks.

-- BERNAMA

Sunday, May 10, 2026

CYNREN FORMED TO SERVE FAMILY OFFICES, FUNDS, INSTITUTIONS

KUALA LUMPUR, May 11 (Bernama) -- CYNREN has launched as an independent international advisory firm focused on the intersection of capital, technology and geopolitics.

Operating globally through a network of senior advisors, investors and partners, the firm was co-founded by Anthony Cowell, Sunil Nair and Scott Lennon, specialising in family office, fiduciary and directorship roles, board-level strategy, impact and philanthropic structuring, as well as complex risk consulting.

According to a statement, Cowell and Nair are co-chief executive officers of the firm, and Lennon is the Global Head of Fiduciary, with additional appointments to be announced.

“We built CYNREN to reflect the reality our clients face today, combining a global network of experienced advisors with technology that allows us to scale, so we can be present at the moments that matter most and help clients navigate complexity with clarity,” added Cowell.

Cowell previously served as KPMG Global Lead Engagement Partner, KPMG IMPACT Regional Head of Asset Management and Regional Head. Nair was formerly Founding Partner and Managing Partner of Citi Venture Capital International, while Lennon founded 19 Degrees North Fund Services and has served as an independent director to alternative asset funds.

The firm’s leadership team also includes Lexi Bowes-Lyon as Global Head of Impact and Markets, Claire Griffin as Chief Operating Officer, and Arnaud van Dijk as Global Head of Sustainability.

CYNREN is supported by an Advisory Board comprising leaders across finance, technology and global business, including media and entertainment executive Leo Pearlman and engineering and artificial intelligence leader Stephen Toebes.

Together, the leadership team brings experience across global asset management, private equity, fund governance and sustainable finance, advising sovereign wealth funds, alternative asset managers and multi-generational family offices.

-- BERNAMA







Abaxx Advances Digital Title Toward Commercial Implementation; Names Alta as First Singapore Integration Partner

Agreement supports the formation of a Singapore-based VCC structure to enable the use of money market fund shares as T+0 collateral at Abaxx Clearing 

TORONTO, May 8 (Bernama-GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, and indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced a commercial engagement with Alta Alternative Investments Pte. Ltd. (“Alta”), one of Asia’s leading regulated brokerages, securities exchanges, and fund management platforms, to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.

In December 2025, Abaxx demonstrated in a pilot that its Digital Title can provide a legally enforceable and operational mechanism to instantly mobilize money market fund shares as collateral for margin and financing. Evidence of legal title transferred immediately on margin call, giving the receiving party direct ownership of the underlying money market fund shares, rather than a pledged claim exposing them to an insolvency gap, while the original holder continued to earn yield on the same principal throughout the transaction.

Following the successful pilot, Abaxx has moved from pilot transactions to commercial partnerships, engaging with Alta to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing.

Abaxx and Alta have signed a letter of engagement to partner in the establishment of a Singapore-based Variable Capital Company (“VCC”) umbrella structure, including a sub-fund designed to invest in USD-denominated money market instruments and short-term fixed income securities, to support the use of those fund shares as T+0 collateral within Abaxx Clearing, while allowing yield on those assets to continue to accrue.

The VCC will be a Singapore-regulated open-ended fund vehicle designed for institutional use, providing the legal structure for those fund shares to be recognized as collateral within Abaxx Clearing, subject to regulatory approval. Alta is a Singapore-licensed fund management company, and will serve as fund manager for the VCC structure.

“This partnership with Abaxx Technologies marks a pivotal moment in extending Alta’s fund management capabilities into the cash and collateral space,” said Kelvin Lee, Group CEO, Alta. “Money market funds are highly liquid, short-duration vehicles invested in short-term debt instruments. The Abaxx Alta MMF is built for clearing participants: members holding margin at Abaxx shouldn’t have to choose between liquidity and yield, and by structuring the sub-fund’s units to function as T+0 collateral, we give them both. This works alongside Abaxx’s Digital Title technology, with real-time visibility into the sub-fund’s holdings across all parties providing the transparency required for the units to function as live collateral, something difficult to achieve under traditional settlement timelines. We’re proud to be Abaxx’s first integration partner, and optimistic about what this infrastructure can unlock for institutional markets.”

Initial margin held at the ten leading clearinghouses totaled approximately $915.7 billion at the end of 2024¹. Firms hold trillions more in commodities and securities that are not widely used as collateral, while assets that are in motion often move on T+1 cycles, requiring FCMs to maintain precautionary capital reserves.

Abaxx Digital Title pairs cryptographically secured evidence of ownership with verified identity to convert commodities and securities into high-velocity, yield-bearing T+0 instruments, enabling their use as collateral and supporting a more capital-efficient global trading system. To view a demonstration of Digital Title mobilizing money market fund shares for collateral, visit https://digital-title.abaxx.tech

¹ Futures Industry Association, Tokenisation: Accelerating the Velocity of Collateral, 2025. 

About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared futures contracts, including physically-deliverable and financially-settled products, in LNG, carbon, battery materials, precious metals, and weather-indexed renewables, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.

Abaxx Labs is the Company’s center for engaging with the developer community to create the next generation of technology that will build smarter markets through open-source software tools that promote the use of Abaxx’s ID++ technologies. 

For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media 

For more information about this press release, please contact: 

Steve Fray, CFO
Tel: +1 647-490-1590 

Media and investor inquiries: 

Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech 

Cautionary Statement Regarding Forward-Looking Information

This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable United States and Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions. 

In particular, this press release contains forward-looking statements including, without limitation, Abaxx’s objectives and future plans, statements about the development and commercial implementation of Digital Title, Abaxx’s strategy for engaging with commercial partners related to the implementation of Digital Title, receipt of regulatory approvals, anticipated benefits of the commercial implementation of Digital Title to Abaxx and Abaxx’s role in the development of commodities and energy markets. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors and assumptions impacting forward-looking information include, among others: assumptions about the potential market opportunity and commercial adoption of Digital Title; receipt of required regulatory approvals for the implementation of Digital Title; availability of technical resources; market demand for the Company’s products and services; risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: the failure of energy markets and collateral use cases to develop according to the expectations of Abaxx; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in global weather patterns; changes in the price of commodities, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release. 

SOURCE: Abaxx Technologies Inc.

--BERNAMA 

Saturday, May 9, 2026

Xenco Medical Named To TIME100, Wins 2026 Health Impact Award

 

Time Magazine has named pioneering medical technology company Xenco Medical as one of the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health.

KUALA LUMPUR, May 4 (Bernama) -- Xenco Medical has been named to the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health by Time Magazine.


In a statement, the medical technology company said it was the sole recipient of the health category award this year, recognising its impact on global healthcare.


According to Time Magazine, the TIME100 Most Influential Companies list highlights organisations making an extraordinary impact worldwide, while the TIME100 Impact Awards are presented to a limited number of recipients annually.


The recognition follows Xenco Medical being named the 2025 Medical Device/Diagnostics Company of the Year at the Trailblazer Awards in New York City.


“We are immensely honoured and profoundly humbled to be named the 2026 Winner of the TIME100 Impact in Health Award and a TIME100 Most Influential Company in the World.


“This recognition by TIME has only deepened our commitment to translate the promise of science into a transformative impact on the lives of our patients and their families,” said Xenco Medical Founder and Chief Executive Officer, Jason Haider.


Xenco Medical’s portfolio includes biomimetic implants, regenerative biomaterials, composite polymer surgical systems and software technologies such as artificial intelligence (AI)-enabled remote therapeutic monitoring and preoperative holographic surgical simulation.


Its platform enables surgeons to remotely monitor pain, rehabilitation adherence and motion recovery via AI-driven analytics during the bone remodelling process.


-- BERNAMA