Curia Releases 2024 Environmental, Social and Governance (ESG) Report

ALBANY, N.Y., Oct 31 (Bernama-GLOBE NEWSWIRE) -- Curia Global, Inc. (Curia), a leading contract research, development and manufacturing organization, today announced the release of its third Environmental, Social and Governance (ESG) report. This latest report highlights the company’s new “C.U.R.I.A. Way” values—curiosity, urgency, respect, integrity and accountability—and how those values are woven into its mission, purpose and corporate responsibility initiatives.

Key accomplishments from the report include:

• In 2024, Curia committed to setting near-and long-term company-wide GHG emission reductions in line with climate science through the Science Based Target Initiative (SBTi) and joined the United Nations’ Race to Zero campaign, a global coalition of non-state entities working toward halving global emissions by 2030.
• Curia’s French facilities in Bon Encontre and Tonneins achieved ISO 9001, 45001 and 14001 certifications, and its sites in Origgio and Rozzano, Italy, achieved ISO 45001 and 14001 certifications. The company’s EHS Management System continues to mirror ISO 14001 and 45001 standards across all sites.
• 85% of Curia’s facilities exceeded one year without a recordable injury, with nine sites exceeding more than two years.
• Employees voluntarily devoted over 10,000 hours to learning on the company’s iLearn platform, powered by Skillsoft’s Percipio technology, which continues to offer learning resources for exempt-level employees globally.
• Curia’s DE&I Council continues to expand with a focus on providing a forum for discussion and a path for advancement for all employees.

“Our latest ESG report reflects our progress as a leader in the industry from reducing our environmental footprint to fostering a culture of safety, integrity and responsibility,” said Philip Macnabb, CEO of Curia. “As Curia continues to evolve, we know there is still more work to be done. Our ESG initiatives remain deeply intertwined with our approach to scientific innovation and operational excellence as we serve our customers and their patients.”

To read the full ESG report, visit: https://curiaglobal.com/about-us/corporate-responsibility/

About Curia
Curia is a contract research, development and manufacturing organization (CDMO) with over 30 years of experience, an integrated network of 20+ global sites and 3,200 employees, partnering with biopharmaceutical customers to bring life-changing therapies to market. Our offerings in small molecule, generic APIs and biologics span discovery through commercialization, with integrated regulatory, analytical and sterile fill-finish capabilities. Our scientific and process experts, along with our regulatory compliant facilities, provide a best-in-class experience across drug substance and drug product manufacturing. From curiosity to cure, we deliver every step to accelerate your research and improve patients’ lives. Visit us at curiaglobal.com.
 

 

Corporate Contact:

Viana Bhagan

Curia

+1 518 512 2111

corporatecommunications@CuriaGlobal.com  SOURCE: Curia Global, Inc.

AM Best to Spotlight APAC (Re)insurance Trends At SIRC 2025 Briefing

KUALA LUMPUR, Oct 21 (Bernama) -- Global credit rating agency, AM Best will hold its Insurance Market Briefing during the 21st Singapore International Reinsurance Conference (SIRC) on Nov 4 to discuss key trends and developments in the Asia-Pacific (APAC) (re)insurance markets.

The session will take place in the Heliconia Main Ballroom, Marina Bay Sands Expo and Convention Centre, where senior analytical leaders from AM Best’s APAC offices will share insights on the region’s (re)insurance landscape.

In a statement, AM Best said topics include operating conditions for (re)insurers in Northeast and Southeast Asia and a live mock rating committee presentation to demonstrate the factors influencing credit rating decisions. A networking reception will follow the session.

AM Best’s APAC market development team, led by AM Best Singapore chief executive officer, Rob Curtis, will also be present to engage with industry professionals throughout the conference.

Organised by the Singapore Reinsurers’ Association, SIRC is one of the world’s leading annual reinsurance gatherings. The 2025 edition, themed “Staying Ahead, Future Ready”, will run from Nov 3 to 6.

AM Best, a contributing broadcast partner, will provide daily coverage and interviews via AM Best TV under the SIRC 2025 playlist at www.ambest.tv/sirc25.

-- BERNAMA

NIPPON KINZOKU Newly Expands Sales of the “NK-305 Series” as an Eco-Product

^{Our proprietary equipment, designed with accumulated cold rolling expertise, and the industry-leading proprietary technologies developed by it, meet all your needs.} 


They significantly reduce residual magnetism after processing and greatly expand the possibilities for deep drawing.

TOKYO, Oct 21 (Bernama-BUSINESS WIRE) -- NIPPON KINZOKU CO., LTD. (TOKYO: 5491) (Headquarters: Minato-ku, Tokyo) is now strengthening sales of its stainless steel “NK-305 Series”, which achieves both low permeability (non-magnetic) and high deep-drawing formability, as the sixth installment in its environmentally conscious “Eco-Product” lineup.

This product addresses market needs such as improving the reliability of electronic components and supporting the increasing complexity of automotive parts. It contributes to enhancing performance and improving the productivity of our customers' products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020824470/en/

Development Background
In recent years, with the miniaturization and higher density of electronic devices and the lightweighting of automobiles, the metal materials used are increasingly required to simultaneously achieve higher levels of both low permeability properties that resist magnetization even after processing and deep drawability that enables the formation of complex shapes. However, achieving both of these properties simultaneously has been a difficult challenge with conventional stainless steel.

To meet these market needs, our company has developed the “NK-305 Series” using proprietary technology. We offer two steel grades that deliver optimal performance tailored to specific applications.

Features and Benefits of the NK-305 Series
1. NK-305S: Extremely low permeability for enhanced reliability of electronic components
It significantly suppresses the generation of magnetism during heavy processing, achieving properties that surpass those of SUS316 - a common low-permeability stainless steel. This makes it ideal for camera modules and various sensor components where magnetic interference must be minimized, contributing to the prevention of product malfunctions. Furthermore, cost reduction is possible by replacing SUS316 with NK-305S.
(Example applications: camera components, mobile device components, etc.)
2. NK-305Y: Excellent deep drawing properties improve productivity for complex-shaped parts
Exceptionally soft with excellent elongation, it handles demanding deep drawing processes. It facilitates forming complex automotive parts and other shapes that were previously difficult to manufacture, significantly contributing to improved processing efficiency and yield in customer production.
(Examples of applications: automotive parts, electronic component enclosures, etc.)

Click here for more details.
https://www.nipponkinzoku.co.jp/assets/images/2025/10/Newly-Expanding-Sales-of-the-NK-305-Series.pdf

Steel Strip Products Overview
https://www.nipponkinzoku.co.jp/en/corporate-profile/business/cold-rolled-stainless-steel-strip

About NIPPON KINZOKU Group
Our products have been used in a range of areas from the precision field to the construction industry. https://www.nipponkinzoku.co.jp/en/

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20251020824470/en/

Contact

NIPPON KINZOKU CO., LTD. Production Process & Support Department
TEL: +81-3-5765-8113
https://www.nipponkinzoku.co.jp/en/inquiry

Source : NIPPON KINZOKU CO., LTD.

GYMD Showcases Industrial AI and Digitalization Strength at Tech Week Singapore 2025

 

SINGAPORE, Oct 21 (Bernama-GLOBE NEWSWIRE) -- Tech Week Singapore 2025 was successfully held at the Sands Expo and Convention Centre from October 8 to 9. As one of the featured exhibitors, GYMD Digital Technology (http://www.geega.com.en) drew significant attention with its industrial digitalization and AI solutions, attracting a steady flow of visitors to its booth. 

Throughout the exhibition, GYMD engaged with professionals from the manufacturing, artificial intelligence, logistics, and supply chain sectors worldwide. Visitors showed strong interest in the company’s latest achievements in industrial software and industrial AI applications, particularly in digital production management and data-driven factory operations.

GYMD’s on-site team delivered systematic demonstrations showcasing practical application scenarios and tangible business value. The team also held in-depth discussions with customers on industry practices and emerging technology trends, generating lively interaction and positive feedback throughout the event. 

Rooted in Manufacturing, Expanding Across the Industrial Value Chain
Originating in the automotive industry, GYMD has developed a deep understanding of industrial operations and successfully integrated digital technologies with domain expertise. Its solutions, derived from real-world automotive production practices, now serve industries such as automotive, new energy, and electronics manufacturing. The company provides intelligent services covering the entire value chain from R&D and production to supply, sales, and after-sales.

To date, GYMD’s solutions have been successfully deployed in nearly 60 smart factories across more than 40 cities worldwide. Its operations have expanded from China to global markets. By leveraging its unified industrial platform, the company helps enterprises transform from isolated digital applications to fully intelligent operations, enabling shorter R&D cycles, lower defect rates, and improvements in overall manufacturing efficiency and competitiveness. 

Empowering Global Practices and Building Localized Digital Ecosystems
With proven implementation capabilities, GYMD is accelerating its strategic expansion.

In 2024, GYMD began systematically empowering Agytek, its joint venture in Malaysia, by transferring mature digital transformation expertise and building a professional team. By aligning its solutions with local industrial strengths and market needs, GYMD is helping Agytek create a localized and sustainable digital ecosystem.

At the Proton Super Factory, GYMD implemented digital solutions that enhanced operational efficiency and set a new benchmark for intelligent manufacturing. The company developed a digital factory system characterized by flexibility, agility, intelligence, and transparency, offering end-to-end services across the automotive lifecycle, including R&D, intelligent manufacturing, logistics, and digital marketing.

Today, GYMD’s international business network spans 14 countries worldwide. During Tech Week Singapore, the company received partnership interest from enterprises in Singapore, Indonesia, Malaysia, Thailand, India, Vietnam, and other regions, demonstrating growing global momentum.

Through this exhibition, GYMD not only showcased its technological strength but also broadened its international vision and reinforced its commitment to advancing global digital transformation. Looking ahead, the company will continue to build on its strong manufacturing foundation to deliver high-quality, practical, and scalable solutions that drive intelligent industrial upgrades around the world.

Company: GYMD Digital Technology Co., Ltd.
Contact Person: David
Email: geega-bm@geely.com
Website: https://www.geega.com/en/
Telephone: 15510031213
City: Chongqing

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/b76d49c5-9392-49bd-b661-4ceb76fad9f1

https://www.globenewswire.com/NewsRoom/AttachmentNg/3e26b7ae-236c-4777-8aef-f98da3fcb6a8

https://www.globenewswire.com/NewsRoom/AttachmentNg/741c7fd3-88fd-496d-b884-ee672f39c440 


SOURCE: GYMD Digital Technology Co., Ltd. 

Multiply Group Announces Plans to Acquire 2PointZero and Ghitha Holding via Share Swap

·  The proposed acquisition forms part of Multiply Group’s broader strategy to build scale, enhance portfolio synergies, and drive long-term value.

·   2PointZero brings scalable assets across energy, mining and financial services, while Ghitha Holding contributes a diversified food and agriculture platform.
·   The transaction remains subject to shareholder and regulatory approvals, with further details to be announced upon completion of the review process.

ABU DHABI, United Arab Emirates, Oct 16 (Bernama-BUSINESS WIRE) -- Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today announced that its Board has approved a proposal to acquire 2PointZero and Ghitha Holding through a share swap transaction. 

Under the proposed terms, Multiply Group would offer shares to acquire 2PointZero and Ghitha Holding, followed by the issuance of new shares to complete the transaction. The transaction is currently under review and remains subject to shareholder and regulatory approvals. 

2PointZero is a transformational investment company with scalable assets in energy, mining, and financial services, serving as an AI enabler and energy transition accelerator driving a smarter, more sustainable future. Ghitha Holding is a leading conglomerate spanning agriculture, food production, and distribution operations that play a vital role in food security. Together, these businesses represent complementary strengths across the Energy and Consumer sectors, two fundamental pillars of every economy, powering everyday life and advancing the global transition toward cleaner, smarter systems. 

The transaction is expected to enhance operational and investment efficiency across Multiply Group’s portfolio by consolidating complementary assets under a single listed platform. 

Syed Basar Shueb, Chairman of Multiply Group, commented: “This transaction represents a natural evolution of our portfolio strategy, designed to optimize scale and strengthen the platforms we have built over the past years. Multiply’s offer to acquire 2PointZero and Ghitha reflects our strategic approach to value creation and our long-term focus on building globally competitive investment entities that deliver sustainable shareholder value.” 

Samia Bouazza, Group CEO and Managing Director of Multiply Group, added: “This strategic merger is more than a consolidation of balance sheets – it’s the convergence of vision, purpose, capital, megathemes, and exceptional teams. Together, we are forming an AED 120 billion balanced and diversified investment group spanning energy, food, logistics, packaging, mining, apparel, media, mobility and beauty. Through these companies, spread across 85 countries, we aim to serve 1 billion human beings, globally. Our focus is to grow our bottom line both organically and inorganically, to unlock value through AI, and to deliver consistent, long-term returns for our shareholders.” 

The transaction will be executed through a share swap, with Multiply Group issuing approximately 23.36 billion new shares to acquire 2PointZero and Ghitha Holding, increasing its share capital from AED 2.8 billion to AED 8.64 billion. Upon completion, the merged entity will comprise 34.56 billion shares, marking a significant expansion of Multiply Group’s capital base. 

This strategic acquisition via reorganization remains subject to shareholder and regulatory approvals, with additional details to be disclosed following completion of the review process. 

ABOUT MULTIPLY GROUP 

Multiply Group PJSC is an Abu Dhabi-based investment holding company that globally invests and operates in transformative, cash-generating businesses. 

Known for its trademark growth mindset, Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-, medium- and long-term:

Multiply, the investments and operations in long-term strategic verticals, currently investing and operating in Mobility, Energy, Media & Communications, Wellness & Beauty, Retail & Apparel, and Packaging. Anchor investments provide long-term recurring income, through which bolt-on acquisitions are made.

Multiply+, extends our global reach — investing across sectors and asset classes with one aim: unlocking returns through disciplined capital allocation. 

For more information, visit www.multiply.ae 

*Source: AETOSWire

View source version on businesswire.com: https://www.businesswire.com/news/home/20251015664554/en/ 

Contact 

Wassim El Jurdi
Multiply Group
E: wassim@multiply.ae 

Rawad Khattar
Weber Shandwick
E: rkhattar@webershandwick.com 

Source : Multiply Group 

--BERNAMA 

Datavault AI Signs Letter of Intent to Acquire NYIAX, Expanding Patented Information Data Exchange and Commercial Footprint

Acquisition Will Position Datavault AI as a Leader in Privacy-First Data Monetization and Ultrasonic Advertising, with Anticipated Launches of Key Exchanges on Horizon

BEAVERTON, Ore., Oct 14 (Bernama-GLOBE NEWSWIRE) -- via IBN -- Datavault AI Inc. (Nasdaq: DVLT), a pioneer in AI-driven data valuation, monetization, and acoustic technologies, today announced the signing of a letter of intent (LOI) to acquire NYIAX Inc., a technology and services company with operations in the U.S., Europe, and Dubai. The transaction, subject to Nasdaq approval and entering into a definitive agreement with customary closing conditions, will bring NYIAX’s blockchain-powered exchange, patent portfolio, marketing-as-a-service agency, and advertising business unit under the Datavault AI umbrella.

This strategic acquisition will build on Datavault AI’s prior licensing agreement with NYIAX for the Company’s patented ADIO® ultrasonic technology, now bringing NYIAX fully into the Datavault AI ecosystem. The integration enhances Datavault AI’s patented Information Data Exchange® (IDE) by adding transparent, automated trading capabilities across asset classes. Upcoming launches are expected to include the International Elements Exchange (IEE), International NIL Exchange, and American Political Exchange (APE), each set to debut over the next two quarters. These platforms will enable secure, real-time trading of data assets, NIL rights, and political information — all underpinned by AI analytics and blockchain security.

NYIAX delivers a proprietary trading platform built on intellectual property jointly owned with Nasdaq and powered by blockchain. This platform merges the rigor of financial market infrastructure with the evolving needs of modern industries. In addition to its marketplace leadership in the advertising industry, NYIAX’s technology and IP are portable across asset classes — including fintech, healthcare, retail, and entertainment — extending reach into industries undergoing significant transformation and requiring advanced trading capabilities.

Empowering a New Era of Data-Driven Innovation
“This acquisition will mark a transformative milestone for Datavault AI, uniting our AI expertise with NYIAX’s proven exchange technology to create unparalleled value in data monetization,” said Nathaniel Bradley, CEO of Datavault AI. “By bringing NYIAX under our brand, we’re not just expanding our technology suite — we’re accelerating the launch of groundbreaking exchanges that will redefine how industries handle data with integrity, privacy, and efficiency. The combined company is poised to lead in Web 3.0 solutions across sports, entertainment, fintech, and beyond.”

The integration will leverage Datavault AI’s ADIO® technology — already licensed to NYIAX — for ultrasonic advertising that embeds inaudible data in audio streams, reaching audiences in venues, broadcasts, and retail environments without compromising privacy. Paired with NYIAX’s exchange, this creates a seamless marketplace for trading ultrasonic ad inventory alongside traditional media contracts, supported by Datavault AI’s AI-driven tools — DataScore®, DataValue®, and DataBank® — for real-time valuation and liquidity.

“Joining Datavault AI marks the beginning of a new era for NYIAX,” said Teri Gallo, CEO of NYIAX. “Together, we’re redefining how markets operate — combining financial-market rigor with innovative, privacy-first technologies to unlock new opportunities for partners worldwide in advertising and beyond.”

The transaction is expected to close in Q1 2026, pending regulatory and Datavault AI stockholder approvals, positioning the combined company to capitalize on rising demand for secure, AI-enhanced data ecosystems. For more information, visit www.dvlt.ai.

About Datavault AI
Datavault AI (Nasdaq: DVLT) is a leader in AI-driven data valuation, monetization, and acoustic technologies. Its patented Information Data Exchange® (IDE) enables secure, privacy-first trading of data assets across industries. Datavault AI’s solutions — including ADIO® ultrasonic advertising, DataScore®, DataValue®, and DataBank® — empower businesses to unlock new value from data with financial-grade security and real-time intelligence. Learn more at www.dvlt.ai.

About NYIAX
NYIAX delivers a proprietary trading platform built on intellectual property jointly owned with Nasdaq and powered by blockchain. Purpose-built to bring financial-market standards to advertising, the platform enables transparent, automated trading of future media and data contracts. Beyond advertising, NYIAX’s patented technology is designed to extend across asset classes and sectors — including fintech, healthcare, retail, and entertainment — driving efficiency, trust, and growth in global markets. For more information, visit: https://www.nyiax.com/ 

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as “expect,” “will,” “anticipates,” “continues” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, future acquisition strategy and timelines, licensing and data exchange initiatives, and planned changes to the advisory boards and board of directors, patent initiatives, patent infringement and patent defense strategies as well as the successful implementation of the patented technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: our ability to enter into definitive documentation with respect to the transaction referred to in this press release; our ability to satisfy the closing conditions with respect thereto and close the transaction on the anticipated timeline or at all; risks regarding our ability to realize the anticipated benefits from such transaction; risks regarding our ability to utilize the assets we have acquired to successfully grow our market share; risks regarding our ability to open up new revenue streams; receipt of regulatory approval for the data exchanges mentioned in this press release and other risks with respect to our ability to implement such exchanges; our current liquidity position and the need to obtain additional financing to support ongoing operations; risks regarding our ability to monetize the bitcoin that we have acquired and close the final tranche of our previously disclosed bitcoin investment; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement our technologies into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.

Additional Information and Where to Find It
In connection with the proposed Asset Purchase, Datavault intends to file with the SEC a definitive proxy statement. The definitive proxy statement for Datavault (if and when available) will be mailed to stockholders of Datavault. Datavault STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED ASSET PURCHASE.

Datavault stockholders will be able to obtain free copies of these documents (if and when available) and other documents containing important information about Datavault and NYIAX, once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC will also be made available free of charge by contacting Datavault using the contact information below.

Participants in the Solicitation 
Datavault and its directors, executive officers and other members of its management and employees may be deemed to be participants in the solicitation of proxies from Datavault’s stockholders in connection with the Asset Purchase. Stockholders are urged to carefully read the proxy statement regarding the Asset Purchase when it becomes available, because it will contain important information. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Datavault’s stockholders in connection with the Asset Purchase will be set forth in the proxy statement when it is filed with the SEC. Information about Datavault’s executive officers and directors will be set forth in the proxy statement relating to the Asset Purchase when it becomes available. You can obtain free copies of these and other documents containing relevant information at the SEC’s website at www.sec.gov or by directing a request to the address or phone number set forth below.

Media Inquiries
marketing@dvlt.ai
Investor Contact
800.491.9665
datavaultinvestors@allianceadvisors.com

SOURCE: Datavault AI Inc​. 

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

AM BEST AFFIRMS PHILIPPINES NAT RE'S CREDIT RATINGS WITH STABLE OUTLOOK

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

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

Nat Re’s balance sheet strength is supported by its risk-adjusted capitalisation, which remained at the strongest level at the end of 2024 based on Best’s Capital Adequacy Ratio, as well as its good financial flexibility. The company’s investment portfolio carries a moderate level of risk, with most assets placed in fixed-income securities issued by the Philippine government.

Although its retrocession programme partially mitigates the exposure, Nat Re's balance sheet remains vulnerable to major natural catastrophe events.

On operating performance, Nat Re recorded a five-year average return on equity of 4.8 per cent between 2020 and 2024, supported by an improved expense ratio arising from lower net acquisition costs and management expenses relative to earned premiums.

However, the company’s loss ratio in 2024 was affected by higher experience refunds to cedents and unfavourable prior-year claims development from its life portfolio. Investment income, mainly from interest and dividend earnings, continued to support Nat Re’s overall operating results.

Going forward, AM Best expects Nat Re’s underwriting performance to benefit from portfolio remediation in its non-life reinsurance business and growth in its profitable life reinsurance and speciality segments.

As the country’s sole domestic reinsurer, Nat Re maintains strong relationships with local cedants and benefits from access to business through mandatory local cessions, the credit rating agency said.

The rating agency added that Nat Re is well-positioned to capture opportunities from government initiatives and new service offerings, including the development of underwriting facilities in the Philippine market, allowing it to expand beyond mandatory cession levels.

-- BERNAMA

Budget 2026: Reformist blueprint for inclusive growth and resilience

 

Strengthening support for the Rakyat while catalyzing change 
 
PETALING JAYA, Oct 10 (Bernama) -- Malaysia's National 2026 Budget proposal reflects a Malaysia-focused agenda with a total allocation of RM470 billion¹, signals a strong push for people-centric reforms, easing the rakyat’s burden while accelerating the nation’s digital and green growth.  

According to Mr. Soh Lian Seng, Head of Tax at KPMG in Malaysia, the proposals are clearly anchored in the Malaysia Madani policy framework, reflecting the government’s continued focus on strengthening Malaysia’s fiscal and economic position, while ensuring equitable improvements on the rakyat’s quality of life.  

“Budget 2026 builds upon Malaysia’s reform momentum with an emphasis on inclusivity, sustainability, and fiscal resilience,” said Mr. Soh. “While the direction is clear, its success will depend on how effectively these proposed measures are implemented to create tangible impact for businesses and the rakyat.” 

Among the key measures announced, Malaysia is set to introduce a carbon tax in 2026, targeting high-emission industries such as iron, steel, and energy. This marks a pivotal step toward advancing Malaysia’s green transition and reinforces the Government’s milestones to achieve net-zero ambitions by 2050. These initiatives align with global climate goals and would enhance Malaysia’s competitiveness in international trade. 

The “Healthier Malaysia” theme makes a return this year in the fourth Madani budget, with higher excise duty rates on tobacco and alcoholic beverages effective 1 November 2025, alongside increased fundings into the national healthcare system. The budget also broadens individual tax relief to include all vaccines approved by the Ministry of Health, reinforcing the Government’s focus on preventive healthcare. 

The push for digitalization, particularly in artificial intelligence (AI), and green energy continues to intensify as the Budget 2026 allocates RM1 billion to green financing, offers new tax deductions for AI and cybersecurity training for MSMEs, and extends the 100% Green Investment Tax Allowance (GITA) for companies using green technology. As the nation moves forward, responsible development will be crucial to ensure inclusivity, data security, and long-standing digital trust.  

“Protecting the Rakyat” emerges as a clear national agenda in Budget 2026. Targeted cash aid schemes, including STR and SARA, are set to expand. Coverage under PERKESO will increase to include gig workers, elderly care systems will undergo much-needed reform, and travel incentives for Malaysians will be introduced to support domestic economic activity. 

The budget extends the full stamp duty exemption for first-time homebuyers on properties priced up to RM 500,000, while raising the stamp duty rate from 4% to 8% for non-citizen individuals and foreign companies purchasing residential properties. This also signals the government’s intent to manage foreign ownership while supporting housing access for Malaysians and broader national objectives.   

As the rakyat’s welfare remains a central focus, with the extension of personal income tax reliefs, broader coverage for differently-abled individuals (OKUs) and senior citizens, an increase in minimum wages, higher cash handouts, and a 10-year extension of the tax exemption on foreign-sourced dividend income received by individuals in Malaysia. These measures reflect the government’s intent to raise the floor, narrow income disparities, and ease the impact of rising living costs. 

Budget 2026 also continues the trend of targeted tax incentives, including a 100% income tax exemption for new food production projects for up to 10 years and expanded automation tax incentives for closed-house livestock systems. These initiatives aim to drive agritech innovation, strengthen food security, and reduce Malaysia’s dependency on food imports.  

As part of longstanding efforts to align strategic investments with national goals, the Outcome-Based Incentive Framework will be fully implemented for the manufacturing sector in the first quarter of 2026, followed by the services sector in the second quarter, marking a shift from quantity to quality in investment outcomes. 

“Beyond being a financial plan, Budget 2026 will serve as a strategic blueprint to drive long-term inclusive growth,” added Soh. “It demonstrates a careful balance between immediate relief and long-term strategic reform, bridging rural-urban disparities and championing inclusive employment, so that the benefits of Budget 2026 are felt first and foremost by the rakyat.” 

For more insights, visit kpmg.com.my/nationalbudget 

¹ RM419.2 billion represents federal operating and developing expenditures whilst RM50.8 billion represents collective investments by Government-Linked Investment Companies, Federal Statutory Bodies and Minister of Finance Incorporated (MKD) companies and public-private investments. 

SOURCE: KPMG PLT

SINGAPORE'S MS FIRST CAPITAL INSURANCE CREDIT RATINGS UPGRADED BY AM BEST

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has upgraded Singapore’s MS First Capital Insurance Ltd (MSFC) financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent).

In a statement, the global credit rating agency said the outlook for both credit ratings (ratings) has been revised to stable from positive, while the ratings reflect MSFC’s robust balance sheet strength, strong operating performance, neutral business profile and appropriate enterprise risk management.

The ratings also incorporate rating enhancement from Mitsui Sumitomo Insurance Company Ltd, whose ultimate parent is MS&AD Insurance Group Holdings Inc (MS&AD).

The upgrade reflects improvements in MSFC’s balance sheet strength fundamentals, supported by a prudent capital management strategy.

The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, remained at the strongest level at year-end 2024 and is expected to stay at that level over the medium term.

MSFC’s strong internal capital generation has driven considerable growth in capital size over the past decade, with shareholders’ equity rising to SG$1.4 billion at year-end 2024, from SG$501.1 million in 2014. (SG$1 = RM3.25)

The company maintains a conservative investment portfolio that consists mainly of cash, term deposits, and high-quality bonds, while its reliance on reinsurance for large-risk underwriting is mitigated by the good credit quality of its reinsurance panel.

AM Best also described MSFC’s operating performance as strong, supported by consistent operating results. In 2024, the company recorded a 14.2 per cent return on equity, driven by solid underwriting and investment results.

MSFC, a leading non-life insurer in Singapore, continues to benefit from its strong brand presence, diversified portfolio across Asia, and long-standing relationships with brokers, reinsurers, and affiliates within MS&AD.

-- BERNAMA

MWX partners with SMESCO and Ministry of SMEs to provide Indonesian SMEs with ready to use AI solutions

 

MWX has officially signed a Memorandum of Understanding (MoU) with SMESCO Indonesia under the supervision of The Ministry of SME of Indonesia. Through this partnership, MWX and SMESCO reaffirm their commitment to supporting the growth of Indonesia’s SMEs by providing access to ready-to-use AI solutions that can enhance efficiency, productivity, and competitiveness in the digital era. In its first phase, this collaboration aims to onboard 100,000 SMEs with a MWX free trial. This initiative is expected to accelerate digital transformation at scale, reduce the technological divide across regions, and support the government’s target of advancing digital inclusion and strengthening the people’s economy.

JAKARTA, Indonesia, Oct 2 (Bernama-BUSINESS WIRE) -- In a landmark move for Indonesia’s digital economy, MediaWave, a pioneer in data analytics and artificial intelligence (AI) with over 15 years of experience, has signed a Memorandum of Understanding (MoU) with SMESCO Indonesia to provide Indonesian SMEs with ready to use AI solutions by MWX, the world’s first AI marketplace platform designed specifically for small and medium enterprises (SMEs). 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251001726615/en/ 

The agreement underscores a shared mission: empowering Indonesia’s 64 million SMEs to overcome technological barriers and compete globally.

Bridging the Digital Divide for SMEs

SMEs form the backbone of Indonesia’s economy, contributing over 60% to GDP and employing the majority of the workforce. Yet, they continue to face persistent hurdles from limited digital literacy and resource constraints to the high cost of technology adoption.

AI has been proven to deliver results that are 2–5 times faster and more cost-effective, but adoption among SMEs remains strikingly low. MWX aims to change this equation by democratizing access to AI through a single, integrated platform that is as simple to use as it is powerful.

MWX: AI Made Practical and Accessible

MWX is designed as a business-ready AI marketplace that connects SMEs to solutions that directly address their pain points. These include:

·  Digital marketing & sales automation to attract and convert customers
·  Human resource management for recruitment and workforce optimization
·  Automated financial reporting to streamline compliance and decision-making
·  Business data analytics to uncover growth opportunities 

Unlike abstract AI frameworks, MWX emphasizes plug-and-play usability and integrates seamlessly with existing workflows. The platform also supports familiar payment methods QRIS, bank transfers, and e-wallets ensuring accessibility for businesses across Indonesia’s diverse regions.

National Impact and Economic Ambitions

In its first phase, the collaboration targets onboarding 100,000 SMEs with a free trial of MWX, a move expected to accelerate digital transformation at scale and reduce the technology gap between urban and rural businesses.

The initiative aligns with the government’s digital inclusion agenda, which seeks to digitize 30 million SMEs by 2024 and strengthen Indonesia’s economic resilience in the global marketplace.

Leaders Speak

MWX CEO, Yose Rizal stated:

“We believe technology should be accessible to everyone, especially SMEs — the backbone of Indonesia’s economy. Through MWX and this strategic partnership with SMESCO, our goal is to deliver AI solutions that are simple, practical, and impactful, enabling SMEs to scale up and compete globally.”

President Director of SMESCO, Doddy Akhamadsyah Matondang added:

“This collaboration is a tangible step in supporting the national agenda to digitize 30 million SMEs. With MWX, SMEs across Indonesia — whether in major cities or remote regions — can access the same technology to strengthen competitiveness and expand their markets.”

M. Riza Damanik, Ph. D., IPU . Deputy Minister for Micro Business from the Ministry of SME echoed the sentiment:

“Digital transformation for SMEs is the key to Indonesia’s future economy. The launch of MWX, developed by local innovators, marks an important milestone in helping SMEs scale up and thrive.”

About the Partners

MediaWave was Founded in 2010, MediaWave pioneered social media listening in Indonesia. With over a decade of expertise in analytics, digital marketing, and big data, MediaWave has evolved into a leader in AI innovation, culminating in the launch of MWX.

SMESCO Indonesia is an institution under the Ministry of SMEs Republic of Indonesia, SMESCO is dedicated to advancing Indonesian SMEs through digital transformation, market promotion, and capacity building to improve competitiveness.

Why This Matters

The MWX-SMESCO partnership signals Indonesia’s rising ambition to transform its SME ecosystem into a digitally empowered growth engine. By placing world-class AI within reach of every entrepreneur, this initiative could reshape the competitive landscape, not just locally, but across Southeast Asia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251001726615/en/ 

Contact

Media Contact

PIC: Utami@mwxplatform.ai

MediaWave – Corporate Communication
Jl. Abdul Majid Raya No.36, Cipete Selatan, Jakarta Selatan
Tel: +62 817-0963-030

MWX Global Pte.Ltd 160 Robinson Road, #24-09, Singapore Business Federation Center, Singapore 068914
email: comms@mwxplatform.ai tel: +62 817-0963-030

website: www.mwxplatform.ai

Source : MWX Global Pte Ltd

--BERNAMA

Poppulo Becomes First Employee Comms and Digital Signage Company to Achieve Benchmark ISO Certification for Responsible AI

ISO 42001 AI Certification validates Poppulo’s reputation for governance, data security, and enterprise scalability

DENVER and CORK, Ireland, Oct 2 (Bernama-GLOBE NEWSWIRE) -- Poppulo, a global leader in employee communications and digital signage, today announced it has achieved the new benchmark for responsible AI, the ISO 42001 certification. It is the only company in its category to earn the world’s first internationally recognized standard for Artificial Intelligence Management Systems (AIMS).

From the start, Poppulo has made governance, data security, and scalability the pillars of its platform. The certification provides customers with further assurance that, as they adopt agentic AI at speed and scale, they can do so with confidence, knowing Poppulo’s platforms are built on the strongest possible foundation of responsible practices and resilient systems.

This third-party validation, effective immediately, underscores Poppulo’s commitment to responsible, trustworthy, and transparent AI development and deployment. The certification followed a rigorous audit conducted by an accredited certification body, verifying that Poppulo’s governance, risk management, and accountability practices meet the strictest international benchmarks.

As organizations increasingly operate on a global stage, including in regions with some of the world’s strictest AI regulations such as the EU, this certification ensures consistent and responsible AI governance, giving enterprises confidence in engaging employees and customers.

Commenting on the announcement, Poppulo CEO Ruth Fornell said: “As enterprises grow more discerning about their technology partners, they’re asking tough questions: How do you manage AI risk? What’s your governance framework? Can you prove it?”.

“This certification allows us to answer those questions with authority, and more importantly, it reinforces Poppulo’s role in helping IT, HR, and communications and marketing teams, to engage and mobilize people—both employees and customers—while delivering consistent, trustworthy messaging across communications platforms,” said Fornell.

In parallel with its ISO 42001 certification, Poppulo is accelerating the rollout of a new suite of agentic AI tools designed to transform how organizations create and deliver communications across employee channels and digital signage networks. These agents include Analyze, which delivers hyper-personalized insights and recommendations, and Create, a tool that enables teams to rapidly generate high-quality, on-brand content at scale. By combining these agents—and others soon to join the agentic suite—Poppulo empowers enterprise teams to move faster, communicate smarter, and engage audiences more effectively across every touchpoint.

Building on this momentum, Poppulo has also introduced powerful new capabilities within its employee communications platform, including AI-powered email translation and a personal AI assistant that provides instant access to performance metrics, campaign strategies, and best practices. These innovations enable communications teams to make faster, data-informed decisions, streamline workflows, and deliver more relevant, impactful messaging across global audiences.

“This certification sets a new standard for responsible AI in employee communications and digital signage,” said Chris Payne, Poppulo’s Chief Information Security Officer. “For our customers, it provides a clear, global benchmark for evaluating AI readiness across our platforms. Maintaining compliance requires continuous improvement, regular audits, and vigilance as new governance challenges emerge, ensuring organizations can engage and activate their workforce and deliver trusted messaging across all channels responsibly and effectively.”

By achieving ISO/IEC 42001:2023 certification, Poppulo has established itself as a trusted leader in delivering safe, ethical, and enterprise-ready AI for employee communications and digital signage. This recognition helps organizations engage and activate their employees and customer audiences while ensuring consistent, impactful messaging across every channel.

About Poppulo

Poppulo is a global leader in employee communications and enterprise digital signage, helping organizations connect with their workforce and customers through impactful, real-time messaging across channels. Trusted by over 10,000 organizations—including more than 40 of the Fortune 100—Poppulo’s employee communications solutions reach more than 50 million people worldwide. Its digital signage network spans over 600,000 screens globally. By combining data-driven communication strategies with scalable signage technology, Poppulo enables enterprises to boost employee engagement, enhance customer experience, and improve operational efficiency. Learn more at www.poppulo.com.

Contact:
Tim Vaughan
tvaughan@poppulo.com 

SOURCE: Poppulo

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