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New customers enjoy 3.0%* p.a. on SGD BusinessGo / BusinessGo-i Account and 3.8%* p.a. on USD Interest Plus Current Account / USD BusinessGo-i Account SINGAPORE, Feb. 14, 2025 /PRNewswire/ -- Despite the low interest rate environment following the Fed rate cut in late 2024, CIMB Singapore is offering the highest* returns of 3.0%* per annum (p.a.) for all new customers who open a CIMB SGD BusinessGo / BusinessGo-i account, and 3.8%* p.a. for new customers who open a CIMB USD Interest Plus Current Account / USD BusinessGo-i Account by 31 May 2025. The business accounts stand out as an optimal option for businesses, especially SMEs, to enjoy easy access to their funds with no lock-in period. In addition, both accounts come with additional benefits including a waiver* of minimum monthly balance requirements, giving businesses greater flexibility and peace of mind. Benjamin Tan, Head of Commercial & Transaction Banking at CIMB Singapore, said: "Amidst global uncertainties surrounding U.S. policies, businesses are grappling with rising operational costs and manpower challenges. At CIMB, our business accounts are designed to help businesses navigate these challenges by providing easy access to cash flow, while also offering solutions to grow surplus funds and drive growth." Most recently, The Digital Banker conferred CIMB Singapore as the (a) Winner of the Best SME Current Account/Transaction Account and (b) Highly Acclaimed for the Best SME Beyond Banking Service Initiative at the Global SME Banking Innovation Awards 2024. For more details on this promotion, please visit cimb.sg/signup-nr. Disclaimers: *As at 08 Jan 2025. Terms and conditions for the New Customers Interest Promotion apply. Click here for SGD details and here for USD details. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. About CIMB Bank CIMB is one of ASEAN's leading banking groups and Malaysia's second largest financial services provider by assets, with a market capitalisation of approximately RM62.4 billion as of 31 December 2023 and is listed on Bursa Malaysia under CIMB Group Holdings Berhad. Headquartered in Kuala Lumpur, the Group is present in eight ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam, Myanmar and Philippines). Singapore is one of its most important markets with approximately 1,000 employees serving over 500,000 customers. CIMB Singapore offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Recognised for its customer-centricity, CIMB Singapore has been voted top consumer bank for customer service in The Straits Times "Singapore's Best Customer Service Survey 2024/25". The bank has also been awarded "Singapore International Cash Management Bank of the Year" by Asian Banking & Finance, and "Best SME Business Current Account / Transaction Account" for its dedication to providing unparalleled services and innovative solutions for its clients. In addition, CIMB Singapore has been certified as a "Great Place to Work" for its thriving work environment that empowers talent. CIMB is committed to creating sustainable, long-term positive effects across social, environmental, and economic aspects in the communities it serves. As a responsible financial services provider, CIMB offers customers an extensive range of sustainable finance solutions, as guided by the Group's Green, Social, Sustainable Impact Products and Services ("GSSIPS") framework to deliver impactful sustainable finance.
SINGAPORE and RIYADH, Saudi Arabia, Feb. 13, 2025 /PRNewswire/ -- SM C2R (Singapore), a member of Swan & Maclaren Group, and Advanced Lighting Company (ALC), a leading Saudi-based lighting manufacturer, proudly announce the strengthening of their strategic partnership through joint ownership of SM C2R Arabia. The collaboration, unveiled today at the Public Investment Fund (PIF) Private Sector Forum, is set to deliver comprehensive lighting and design solutions while manufacturing high-quality lighting products. This partnership is closely aligned with Saudi Arabia's Vision 2030 and supports the Public Investment Fund (PIF) localisation requirements, contributing to the Kingdom's transformative giga projects. Dr. Saud Al-Semari, CEO of ALC, and Mr. Robert Yap, Executive Chairman of Swan & Maclaren Group, joined by representatives, at the signing ceremony during the PIF Private Sector Forum 2025, marking the beginning of the strategic partnership. SM C2R Arabia: A Partnership Aligned with Vision 2030 Goals SM C2R Arabia leverages the complementary strengths of its partners to meet the demands of Saudi Arabia's ambitious development plans: ALC brings unmatched expertise in advanced lighting manufacturing, utilising cutting-edge technology and a deep understanding of the local market. SM C2R (Singapore) contributes innovative lighting design and solutions, project management and illumination engineering, and combined with the rich architectural, design, artistry and creative powerhouse of Swan & Maclaren Group, a renowned icon established since 1892. Together, this partnership is committed to delivering sustainable, end-to-end solutions that adhere to the highest international standards, while also fostering local expertise and supporting Saudi Arabia's Vision 2030 localization goals. Mr. Robert Yap, Executive Chairman of Swan & Maclaren Group, and Mr. Edwin Tan, CEO of SM C2R (Singapore), emphasized the transformative potential of SM C2R Arabia in realizing Saudi Arabia's Vision 2030. Mr. Yap said, "SM C2R Arabia represents a seamless integration of creativity and manufacturing excellence. Our partnership is poised to redefine the benchmarks of lighting design and innovation, making meaningful contributions to the Kingdom's giga projects and fostering the localization of expertise." Mr. Tan added, "This collaboration aligns our global design expertise with ALC's advanced manufacturing capabilities, empowering us to deliver world-class solutions tailored to Saudi Arabia's vision for sustainable growth." Dr. Saud Al-Semari, Chief Executive Officer of ALC emphasized the significance of this partnership in driving localized innovation: "The synergy between ALC and SM C2R through SM C2R Arabia exemplifies the strength of combining international creativity with local expertise. Together, we will deliver innovative and cutting-edge lighting solutions that not only enhance Saudi Arabia's infrastructure but also nurture local talent and expertise, aligning with the aspirations of Vision 2030." A Visionary Future of Innovation and Sustainability Looking ahead, SM C2R Arabia is committed to being a driving force of innovation, pushing the boundaries of lighting design and manufacturing to meet the evolving needs of Saudi Arabia's dynamic growth. As the Kingdom enters a transformative era of infrastructure development under Vision 2030, SM C2R Arabia will continuously enhance its capabilities to support the successful delivery of iconic giga projects that exemplify excellence in design, sustainability, and local manufacturing. This partnership is focused on creating lasting value, fuelling economic growth, and positioning state-of-the-art lighting solutions at the forefront of Saudi Arabia's future development. About ALC Advanced Lighting Company (ALC) is a premier Saudi-based lighting manufacturer, recognized for its innovation solutions and cutting-edge technology. Dedicated to sustainability and high-performance solutions, ALC plays a key role in Saudi Arabia's transformation, aligning its expertise with the Kingdom's Vision 2030 and localization goals." For more information, please visit: https://www.alc.sa/en/home About SM C2R (Singapore) SM C2R (Singapore), a subsidiary of Swan & Maclaren Group, excels in creative lighting design, interior design, and design-and-build solutions. With over a decade of expertise, SM C2R fuses artistry and innovation with precision to create transformative, high-impact environments. Dedicated to pushing the boundaries of design, the firm has been instrumental in delivering sustainable, immersive experiences for iconic projects, including its recent involvement in the prestigious Six Flags Qiddiya in Saudi Arabia. SM C2R continues to shape landmark spaces globally, combining creativity and technical excellence to redefine design standards. For more information, please visit: https://swanmaclaren.group/smc2rsg About SM C2R Arabia SM C2R Arabia is the strategic partnership between SM C2R (Singapore) and ALC, focused on delivering world-class lighting and design solutions while manufacturing high-quality lighting products. Combining SM C2R's industry experience with ALC's manufacturing strengths and local insight, SM C2R Arabia is well placed to participate in Saudi Arabia's giga projects. The partnership champions excellence, sustainability, and local empowerment, fully aligned with Vision 2030 and PIF's localization goals.
Sponsorship aims to create new avenues for individuals of all ages to make meaningful connections, improve wellbeing and inspire a love for nature and wildlife.SINGAPORE - Media OutReach Newswire - 13 February 2025 - AIA Singapore is proud to announce its partnership with the newly opened Rainforest Wild Asia at the Mandai Wildlife Reserve, as the naming sponsor of AIA Vitality Bounce and sponsor of Tapir habitat. This collaboration reflects the company's commitment to community engagement, wildlife conservation and healthier living, exemplifying the AIA One Billion initiative to empower one billion people to live healthier, longer, better lives by 2030. Officially opening on 12 March, visitors to Rainforest Wild Asia can experience this, among other activities: AIA Vitality Bounce, a nature-immersive high-element net playground, providing a fun and dynamic play opportunity for visitors of all ages. This unique play space encourages physical activity, while fostering social interaction and connection with nature, and supporting mental wellbeing. AIA-sponsored Tapir habitat, home to two resident Malayan tapirs, offering visitors an opportunity to learn about these fascinating creatures. This further demonstrates AIA Singapore's commitment to raising awareness of wildlife conservation[1]. AIA employees and insurance representatives are invited to an exclusive preview of Rainforest Wild Asia on 1 March. This private event offers a unique opportunity for team building and connection with colleagues in a natural setting. "AIA Singapore is delighted to be a part of the exciting opening of Rainforest Wild Asia, through the sponsorship of the AIA Vitality Bounce and the habitat of the two beloved Malayan tapirs. In our increasingly digital world, taking time to immerse ourselves in nature is more important than ever. We hope that through this initiative, we provide everyone with a space to disconnect, cultivate deeper relationships with nature and loved ones, and to be inspired to protect our wildlife," said Ms Wong Sze Keed, Chief Executive Officer, AIA Singapore. This sponsorship demonstrates AIA Singapore's continued investment in fostering healthier lifestyles and reinforces our commitment to creating positive social and environmental impact within the community. From 12 March, AIA customers can enjoy discounted admission tickets to Rainforest Wild Asia during selected periods, which will be announced on AIA+— your dedicated app and portal for all your financial, health and wellness needs. Customers and the community can also look out for upcoming activities via our social media channels. [1] AIA Singapore. Media Release: AIA Singapore pledges $5 million to support Nparks' OneMillionTrees movement. 28 April 2021. Available at: https://www.aia.com.sg/en/about-aia/media-centre/press-releases/2021/aia-singapore-pledges-five-million-to-support-nparks-onemilliontrees-movement Hashtag: #AIASingaporeThe issuer is solely responsible for the content of this announcement.About AIA AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR[1], Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR[2], and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$289 billion as of 30 June 2024. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and 16 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes "1299" for HKD counter and "81299" for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol "AAGIY". [1] Hong Kong SAR refers to the Hong Kong Special Administrative Region. [2] Macau SAR refers to the Macau Special Administrative Region.
This strategic partnership aims to transform professional advisory services by leveraging cutting-edge Generative AI to provide accurate, domain-specific insights SINGAPORE, Feb. 13, 2025 /PRNewswire/ -- Global technology company CrimsonLogic, a wholly-owned subsidiary of PSA International and a leader in digital trade, digital ports, and technology solutions, is expanding its proprietary Generative AI (GenAI) advisory platform "AskCL", through a strategic collaboration with BDO Singapore, a leading professional services firm. Together, they are co-creating "AskBDO" - an innovative Generative AI (GenAI) advisory platform designed to provide accurate, domain-specific insights for professionals in legal, tax, and finance. Currently, GenAI solutions commonly encounter issues such as hallucination, where AI generates plausible but incorrect information, as well as data lineage inconsistencies, contextual limitations, data freshness, privacy concerns, and ethical considerations. These are critical areas that any robust GenAI solution must address to be effective and trustworthy. "AskBDO" combines CrimsonLogic's technological expertise with BDO's domain-specific insights to deliver accurate, reliable, and relevant responses to specialized queries, providing users with a dedicated virtual advisor to access precise information quickly, thereby enhancing their decision-making processes and reducing the risk of errors. This improved efficiency allows these professionals in specialized fields such as legal, tax, and finance to focus on complex tasks that require human expertise, ultimately delivering greater value to their clients and organizations. The "AskBDO" platform leverages updated, curated knowledge bases and fine-tunes solutions for specific industries to provide verifiable responses. It also allows multiple organizations to use the platform while keeping their data isolated and secure, as its multi-universe knowledge base separates and manages both public and private data, enhancing the contextual accuracy of responses. Additionally, the platform offers robust customization capabilities, empowering users to develop tailored topics and knowledge bases. "This strategic partnership with BDO Singapore represents a significant milestone in our commitment to revolutionize professional advisory services through advanced technology. Together, we are not just developing a tool, but shaping the future of how businesses leverage AI for strategic decision-making and operational excellence," said Lawrence Ng, CEO of CrimsonLogic. Frankie Chia, Managing Partner at BDO Singapore, said, "This collaboration with CrimsonLogic enables us to innovate and leverage cutting-edge technology to deliver practical, tailored solutions for our clients. "AskBDO" will empower our professionals with enhanced access to specialized knowledge and domain expertise, acting as a valuable resource that supports their day-to-day work. Looking ahead, we also aim to offer our clients the opportunity to experience a Digital BDO, providing them with faster, more accurate insights and greater value through innovative, AI-driven solutions." Together, CrimsonLogic and BDO Singapore mark a transformative leap in the adoption of GenAI across industries, setting a new benchmark for professional advisory services in the digital age. ABOUT CRIMSONLOGIC CrimsonLogic, a wholly-owned subsidiary of PSA International, is a global technology company driven by innovation to digitally transform and simplify global trade. With over 36 years of experience worldwide, CrimsonLogic specializes in technology enablement in the fields of trade facilitation and compliance, port operations, government services and logistics. As a trusted partner to businesses, logistics service providers and governments, their tailored solutions are designed to meet the unique needs of every client, enabling seamless and secure optimization of supply chains and operations. Having pioneered the world's first single window trade facilitation system for Singapore, CrimsonLogic continues to drive digital transformation in global trade via cutting-edge technology, exemplified by the successful implementation of innovation solutions in over 40 countries worldwide. ABOUT BDO SINGAPORE BDO Singapore is a leading professional services firm offering audit, tax, and advisory solutions to SMEs, large private businesses, and multinational corporations. Established in 1972, we have built a strong reputation with a team of over 600 professionals delivering services such as Audit & Assurance, Tax & Risk Advisory, Business Restructuring & Forensics, Deal, Cyber Security & Digital Advisory, Management Consulting and Outsourced Accounting. As an independent member of BDO International, the world's fifth-largest professional services network with a presence in 166 countries — they provide global expertise with local insights. BDO's partners and directors foster trust and innovation, helping clients grow and transform in a culture of collaboration and excellence.
LONDON, Feb. 13, 2025 /PRNewswire/ -- Sequential Skin Ltd, a world leader in skin microbiome testing, and AMILI, a leading expert in gut microbiome science, are proud to announce that they have been awarded the prestigious UK-Singapore Collaborative R&D Grant. The $1.8 million project, supported by Innovate UK and Enterprise SG, will make significant strides in characterising the interplay between the skin and gut microbiome, offering a groundbreaking approach to evaluating inflammatory skin disorders (ISDs) such as atopic dermatitis and psoriasis. Sequential and AMILI Announce Strategic Partnership Chronic and recurrent ISDs affect 20-25% of the population, significantly impacting physical and mental well-being. Research has shown that the skin microbiome plays a crucial role in disease progression, with imbalances in the gut microbiota contributing extensively to ISD development. However, current microbiome testing services analyze the skin in isolation, failing to leverage the gut-skin axis for a comprehensive understanding of skin health. Sequential has built a database of over 25,000 clinical skin microbiome samples and has pioneered the world's early skin microbiome at-home tests that were made commercially available in 2019. The previous recipient of an Innovate UK Smart Grant, with labs in US, Europe and Asia, Sequential is currently working with over 80 personal care and pharmaceutical companies innovating in the skin microbiome field. AMILI, headquartered in Singapore, has been at the forefront of gut microbiome research. Since AMILI founders performed the first gut microbiome transplants in the region in 2014, AMILI has focused on developing and deeply analysing Asia's largest multi-ethnic gut microbiome database to map the relationships and mechanistic pathways between changes in the gut microbiome and health conditions. This funding allows both organizations to accelerate their efforts in developing targeted, microbiome-driven interventions. "We are thrilled to have won this competitive grant, which will enable us to pioneer a novel approach to further characterise inflammatory skin conditions," said Dr. Oliver Worsley, CEO of Sequential. "By leveraging our world-class skin microbiome dataset alongside AMILI's extensive gut microbiome research, we will be able to have a real impact by developing next generation, actionable and non-invasive at-home tests." "We thank both our countries for the faith in us. The gut-skin axis is a novel but clearly important dimension to improve diagnostic testing for the millions around the world afflicted with ISD and we in AMILI are delighted to work with Sequential on this exciting project" said Dr. Jeremy Lim, CEO of AMILI.
SINGAPORE - Media OutReach Newswire - 12 February 2025 - Chinese New Year is a time for togetherness, celebration, and sharing joy. Yet, amidst back-to-back gatherings and increased seasonal spending, the festivities can sometimes feel exciting and a little overwhelming1. Embracing the spirit of giving, Etiqa Insurance Singapore partnered with independent creative agency Blak Labs, to spread extra blessings to the community through its Multiply Blessings With You brand activation. From January 22 to February 5, Etiqa's very own 'God of Fortune' made surprise appearances at food centers across the island, delighting diners and hawker stall owners with festive red packets, mandarin oranges, and even complimentary meals! The heartwarming initiative brought smiles to many, reinforcing the spirit of generosity and togetherness. Check out the exciting videos here: View on Instagram View on Instagram The event received enthusiastic responses in person and online, with engaging social media content amplifying the excitement and building anticipation for each God of Fortune appearance. View more content on Etiqa's Instagram page (www.instagram.com/etiqasg/). "At Etiqa, we believe that prosperity goes beyond financial security – it is about fostering meaningful connections, uplifting communities, and sharing joy. Through 'Multiply Blessings With You', we wanted to rekindle the true spirit of Chinese New Year by reminding everyone that the greatest blessings come from kindness, generosity, and togetherness." – Carine Chin, Head of Corporate Marketing, Etiqa Insurance Singapore Echoing this sentiment, Koh Hwee Peng, Creative Partner at Blak Labs, shared, "It's been a pleasure working with Etiqa to bring this campaign to life. Their 'With You' spirit this festive season truly shines, spreading smiles and good fortune throughout the community." 1Heng, T. (2025, January 30). Commentary: Chinese New Year is exhausting, but here's why we keep celebrating it. CNA. Hashtag: #EtiqaInsurancehttps://www.etiqa.com.sg/The issuer is solely responsible for the content of this announcement.About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN. EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated 'A' by credit rating agency Fitch for the group's 'Favorable' business profile. EIPL is owned by Maybank Ageas Holdings Berhad, a joint venture combining local market expertise with international insurance knowledge, with 69% ownership by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group operating across 13 countries. About Blak LabsEstablished in 2010, by five of Singapore's leading creatives, Blak Labs is a 100% independent creative agency with one purpose. To deliver the best ideas on the feed and beyond; to get people liking, loving, sharing and buying brands. We work directly with you to create campaigns and content built on strategically sound creative thinking. That's why every Blak Labs idea is delivered with Creative Care™. Since 2019, Blak Labs has added integrated media planning and buying to the creative mix through its sister agency, Instamedia Labs. Blak Labs is part of The Network, an independent global network of the most creative and future-facing agencies.
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