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Media OutReach

The 2nd Hohhot International Sculpture Art Exhibition: Using Sculpture to Bridge China and the World

HOHHOT, CHINA – Media OutReach Newswire – 12 August 2025 – The 2nd Hohhot International Sculpture Art Exhibition has opened at the Hohhot Sculpture Art Museum, showcasing 95 works by 80 artists from 20 countries, including China, France, Germany, and Italy. The event has drawn crowds of local residents and visitors from across the country, building a bridge of artistic exchange between this historic frontier city of northern China and the wider world. The 2nd Hohhot International Sculpture Art Exhibition This year’s theme is Telling China’s Story Through the Art of Sculpture. The inaugural exhibition in October 2023 took the Silk Road as its cultural thread, creating a platform for dialogue. The current edition continues that mission, once again attracting artists from 20 countries. According to the organizers, the museum itself is a work of art — a sunken building transformed from an abandoned foundation pit, reflecting the Eastern aesthetic of “turning decay into magic.” It has quickly become a new landmark for the city. The 2nd Hohhot International Sculpture Art Exhibition Since opening in 2023, the museum has hosted two international exhibitions and seven themed shows, welcoming more than 820,000 visitors. Together with the Inner Mongolia Museum, the Inner Mongolia Art Museum, and the Grassland Silk Road Park, it forms a 5.6-kilometer “cultural axis”, which is a key showcase of Hohhot’s cultural vitality. The exhibition features 95 sculptures in bronze, stone, metal, and other materials, spanning styles from realism to abstraction, and enticing visitors to linger. Yang Xiaowen, a Hohhot resident with a taste for geometric and abstract works, said, “Compared with past years, this year’s pieces feel fresher and resonate more with my personal aesthetic.” His 8-year-old daughter, Yang Mu, pointed to a work titled Strawberry Bunny and exclaimed, “It cleverly combines a strawberry and a rabbit. I love it.” Cristian Biasci, Director of the Sculpture Department at the Florence Academy of Art, noted that in today’s increasingly virtual world, public sculpture is more vital than ever as an artistic language that reconnects us with real human relationships. He sees the Hohhot exhibition as a living example of how sculpture can be integrated into public spaces. “This is an aesthetic dialogue across time and space between Chinese and international artists,” said Jing Yumin, Vice Chairman of the China Urban Sculptors Association. “These works are not only frozen moments of artistic expression but also fluid exchanges of thought, reflecting the idea of ‘harmonious coexistence and shared beauty.’” He hopes the sculptures will be both a delightful surprise for local residents and a window for the world to better understand China, and for China to engage with the world. The exhibition runs from August 2025 to January 2026, with sculpture salons, art markets, and other events planned throughout the period. Hashtag: #HohhotSculptureArtMuseum The issuer is solely responsible for the content of this announcement.

Media OutReach

Hainan, China’s Premier Vacation Destination, Unveils New Tourism Experiences

HAIKOU, CHINA – Media OutReach Newswire – 12 August 2025 – Since the beginning of 2025, an overseas promotional campaign themed “Cool Hainan” has been launched on social media platforms like Facebook and X. This campaign showcases a variety of new tourism products, routes, and experiences offered by the Hainan Free Trade Port, reaching over 35 million global netizens to date. Hainan, China’s premier vacation destination, unveils new tourism experiences Hainan is the only tropical island province in China, blessed with superior natural scenery, rich tourism resources, and unique cultural legacies. The campaign aims to put Hainan in the limelight to attract more visitors. To date, the “Cool Hainan” campaign has released 56 posts, featuring 116 popular and lesser-known scenic spots, thoughtfully designed routes, and creative packages. For example, “Celebrating Spring Festival with Intangible Cultural Heritage” in January introduced itineraries for experiencing authentic Chinese New Year celebrations; “Early Spring Hainan Tour” in February highlighted flowers, birds, hot springs, and tropical fruits; “March 3rd Festival” in March showcased folk customs, intangible cultural heritage, and mouthwatering food of the Li and Miao ethnic minorities; “Dreamer’s Paradise” in April highlighted tourism and cultural offerings from the China International Consumer Products Expo held in Hainan; and “Cool Island” from May to July presented educational trips, marine sports, rainforest adventures, and refreshing snacks. These visually engaging posts effectively highlight Hainan’s exceptional tourism resources, targeting audiences from 85 visa-free countries. Located in southern China, Hainan is the country’s largest Free Trade Port and a sought-after travel destination, boasting 1,944 kilometers of coastline, 4,269 square kilometers of tropical rainforest, and a 3,000-year-old Li culture. The island is connected by numerous international flight routes, and a high-speed train can circle the island in just 3 hours. Additionally, the Hainan Coastal Scenic Highway and the Hainan Tropical Rainforest National Park Scenic Road link various attractions, while ten signature tourism experiences await visitors, including marine vacations, duty-free shopping, health tourism, and aerospace experiences. Hashtag: #HainanDepartmentofTourism,Culture,Radio,TV,andSports The issuer is solely responsible for the content of this announcement.

Media OutReach

The Global Anti-Scam Summit (GASS) Asia 2025 returns to Singapore with a strong regional coalition against scams

SINGAPORE – Media OutReach Newswire – 12 August 2025 – As scam networks across Southeast Asia grow more coordinated and transnational, the Global Anti-Scam Alliance (GASA) is responding with counterforce and progress. This year’s Global Anti-Scam Summit (GASS) Asia 2025 will be held on 2-3 September in Singapore and will convene over 1,200 industry leaders, policymakers, and enforcement agencies from over 60 countries (physical and online) to address the real-world strategies for preventing and disrupting online scams at scale. “Scams are no longer isolated incidents, they are a systemic, cross-border threat. GASA’s role is to connect the dots, not just across sectors, but across borders, creating the shared infrastructure needed to act faster and smarter,” said Jorij Abraham, Managing Director, GASA. “Over the past year, we’ve scaled our membership, launched new national chapters in high-priority markets, and strengthened data-sharing through the Global Signal Exchange. The summit is where these efforts come together into concrete action.” Exponential growth in partnerships GASA’s membership has doubled globally, with the Singapore Chapter now exceeding 100 members, including major organisations such as Amazon, Google, MasterCard, Meta and Microsoft, alongside government, enforcement, and civil society stakeholders. Singapore’s role as a strategic testbed for anti-scam policy frameworks, technology pilots, and cross-sector coordination has made it a hub for regional collaboration. In the past year, GASA has deepened its presence across the Southeast Asia region, having established chapters in two of the region’s important markets: the Philippines and Indonesia. These economies are heavily mobile-first, with widespread use of digital finance tools, making scams a significant consumer and economic threat. . In Indonesia, the chapter is chaired by Reski Damayanti, Chief Legal & Regulatory Officer, at Indosat Ooredoo Hutchison, one of the country’s leading telecom providers. According to GASA’s 2024 Asia Scam Report, 65% of Indonesians experience scam attempts every week, from phishing texts and fake job offers to investment fraud. With telcos increasingly targeted through phishing, SMS spoofing, and fake service alerts, the chapter will focus on industry-wide intelligence sharing, public awareness campaigns, and closer alignment with national authorities. In the Philippines, the chapter is co-chaired by Irish Salandanan-Almeida, Chief Privacy Officer and Vice-President for Governance, Risk, and Compliance and Derick Ohmar Adil, Head, AI and Privacy Governance, at Globe Telecom. As one of the nation’s largest digital service providers, Globe has been at the forefront of consumer protection initiatives, from blocking malicious SMS at scale to launching awareness campaigns. “These chapters are more than local extensions. They are strategic footholds in markets where digitalisation is instrumental in raising standards of living, yet scams threaten to undermine this. By bringing in national champions like Indosat and Globe, we’re embedding GASA’s model into the heart of each market’s digital ecosystem. It is heartening to see this community of scam fighters assembling a short 2 years after we led the establishment of GASA in this region.” said Rajat Maheshwari, Chair, GASA Singapore Chapter. A stronger data backbone: Global Signal Exchange (GSE) More than 35 organisations are now contributing scam signals to the Global Signal Exchange (GSE), supported among others by GASA, Google, GSMA, Meta, Microsoft and other key players. The GSE is a global clearinghouse for the real-time sharing of scam and fraud threat signals – URLs, domains, IP addresses, emails and more. Since its launch in January 2025, GSE has grown from 40 million to 370 million signals. More than 230 organisations are now onboarded or in the pipeline to join. During the summit, GSE will also announce an important milestone and honoured addition to its program. Other key highlights at the summit include: Fireside chat featuring Mr. Tan Kiat How, Senior Minister of State, Ministry of Digital Development, Ministry of Health, and Patron of the GASA Singapore Chapter Launch of the Southeast Asia Scam Report, presented by Rajat Maheshwari, Chair of the GASA Singapore Chapter Panel deep dives on regional scam typologies, enforcement strategies, and cross-border disruption tactics INTERPOL session on cybercrime operations and challenges in Asia United Nations (UN) on trafficking networks linked to scam centres in Asia Researcher and investigator Paul Raffile, on cyber extortion, impersonation scams, and blind spots in digital victim protection The Anti-scam pitch room, showcasing real-world tools and early-stage innovation in scam prevention and detection Launch of Anti-Scam resources by various GASA Members (e.g. Tech for Good Institute) To register for GASS Asia 2025, please visit https://events.gasa.org/gass-asia2025/home For media registration, interview opportunities, or to attend the media lunch briefing on 2nd September, please contact [email protected]. Hashtag: #GASS #GASA The issuer is solely responsible for the content of this announcement. About GASA The Global Anti-Scam Alliance (GASA) is an international non-profit organisation dedicated to protecting consumers worldwide from scams and online fraud. Working across the globe, GASA brings together governments, law enforcement agencies, consumer protection bodies, financial institutions, technology companies, academia, and civil society to share intelligence, coordinate responses, and develop joint strategies. Through initiatives such as the Global Signal Exchange, a secure platform for real-time scam data sharing, and the Global Anti-Scam Summit series, GASA drives collaboration that enables faster detection, disruption and prevention of scams. Its work is guided by a mission to reduce the financial and emotional harm caused by scams, and to create a safer digital environment for all. For more information, visit https://www.gasa.org/

Media OutReach

G-DRAGON 2025 WORLD TOUR [Übermensch] IN HONG KONG, presented by HSBC Life G-DRAGON’s Electrifying Three-Night Live Performance

HONG KONG SAR – Media OutReach Newswire – 12 August 2025 – Promoted by AEG Presents, TME live, BEST SHINE and iMe, G-DRAGON 2025 WORLD TOUR [Übermensch] IN HONG KONG, presented by HSBC Life, is sponsored by The Hong Kong and Shanghai Banking Corporation Limited (HSBC), VIVO, Trip.com Group and HopeGoo. From August 8 to 10, G-DRAGON delivered three consecutive, sold-out performances at AsiaWorld-Arena, bringing the Hong Kong stop to a spectacular close. The Hong Kong shows drew an enthusiastic crowd of over 33,000 attendees across three days—a powerful testament to his enduring global appeal. ⓒ GALAXY CORPORATION The performance artistically captured the three stages of transformation of a “beyond-man” through a powerful narrative and visual experience. The daisy-themed elevated stage—symbolizing the tour’s core motif delivered a heightened sense of ceremony and emotional resonance. ⓒ GALAXY CORPORATION G-DRAGON showcased his unmatched stage power with live vocals, bringing his signature stage presence to new heights. Performing hit songs such as “POWER” “TOO BAD” and “DRAMA“, he ignited the entire arena. A surprise heartfelt message to the HONG KONG concert attendees deeply moved fans, culminating in a powerful moment as tens of thousands joined in a massive singalong of “Drama” sending the atmosphere soaring. With passionate support from fans around the world, G-DRAGON 2025 WORLD TOUR [Übermensch] IN HONG KONG, presented by HSBC Life came to a stunning close. With Hong Kong marking the latest highlight of G-DRAGON 2025 WORLD TOUR [Übermensch], TME live is proud to have documented a journey defined by passion, power, and unforgettable moments, with each one continuing to reverberate far beyond the stage. About G-DRAGON G-DRAGON is a global cultural icon. As a member of the popular K-pop male group BIGBANG, he helped redefine the Asian music scene with his innovative music, bold fashion choices, and charismatic stage presence. Known for his genre-blending sound and experimental approach to music, G-DRAGON has released several successful solo albums, earning critical acclaim and commercial success. His influence extends beyond music, with a lasting impact on fashion and culture, often regarded as a trendsetter in both South Korea and internationally. FAM Official Instagram (@fanplusonedotcom) FAM Official Facebook (@fanplusonedotcom) FAM Official X (@FANPLUS1DOTCOM) G-DRAGON Official Weibo (@GDRAGON_OFFICIAL) Hashtag: #TMElive #G-DRAGON The issuer is solely responsible for the content of this announcement.

Investment & Market Trends

Keppel Will Sell M1’s Telecom Business To Simba Telecom For S$1.43 Billion

SINGAPORE, On Monday (Aug 11), asset manager Keppel announced it will sell M1’s telecom business to Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion). Keppel will receive S$1 billion in cash for its 83.9% stake in M1 Limited. It will keep M1’s fast-growing information and communications technology (ICT) operations, which include data centers and subsea cables. Keppel expects to complete the sale “within the next few months” and said the deal will benefit Singapore’s telecom industry and consumers by consolidating the market and creating synergies between the two telcos, both known for innovation. The company highlighted that this will combine M1’s digitally advanced, cloud-native network and its ability to offer personalized services with Simba’s innovative digital consumer model. Calling the sale a “strategic path to sustainable growth” for Singapore’s telecom sector, Keppel CEO Loh Chin Hua said, “M1 and Simba are a highly complementary pair. Together, they can scale more efficiently, optimize infrastructure, and accelerate 5G and digital investments. This will improve service quality and help build a more resilient, future-ready telecom industry.” Keppel also noted that the sale aligns with its strategy as an asset-light global manager and operator, allowing it to focus more on digital infrastructure within its connectivity segment. The company expects an accounting loss of about S$222 million from the transaction. It said Simba made the strongest bid and that the merger is expected to unlock new revenue opportunities. Simba is fully owned by Australian-listed Tuas. Tuas said it plans to raise at least A$416 million (US$271 million) through a share placement and purchase plan. Tuas described the acquisition of M1’s telecom business as “transformational,” saying it will expand Simba’s mobile presence, speed up its broadband growth, and give it an established enterprise platform. Regulatory filings show Simba currently holds 1.5% of Singapore’s prepaid mobile market, 14.4% of postpaid mobile, and 0.9% of broadband. M1 has 13.5% prepaid, 23.9% postpaid, and 15% broadband market shares. If approved, Simba aims to capture 15% prepaid, 38.3% postpaid, and 15.9% broadband market shares in Singapore. M1’s telecom operations (excluding the parts Keppel will retain) generated revenues of S$806.1 million and EBITDA of S$195.4 million for the financial year ending April. Founded in 1994 with Keppel as a founding investor, M1 launched commercial services in 1997 and serves over two million customers with mobile, fixed-line, and fiber services. Simba is Singapore’s fourth fully licensed mobile operator with 4G and 5G spectrum rights. Since launching commercially in 2020 (formerly known as TPG Singapore), it has reached 500,000 active subscribers as of April 2022. Keppel’s shares, currently under trading suspension due to the deal, have risen 25.4% year-to-date, outperforming the 11.9% gain in Singapore’s benchmark index. Shares closed at S$8.58 on August 8. The deal awaits approval from Singapore’s Infocomm Media Development Authority (IMDA). IMDA confirmed both parties have signed the sale and purchase agreement and that it will review the transaction under the Telecom and Media Competition Code, ensuring no significant harm to competition while benefiting consumers and supporting sustainable market growth.

Property

Inta Bina Secures RM265 Million Contract For Apartment Construction

KUALA LUMPUR, Inta Bina Group Bhd has secured a RM264.5 million contract to construct two serviced apartment blocks in Segambut, Kuala Lumpur. The company’s wholly owned subsidiary, Inta Bina Sdn Bhd, accepted the contract on Monday from GDP Architects Sdn Bhd, acting on behalf of 368 Segambut Sdn Bhd — a joint venture between IJM Land Bhd and FCW Holdings Bhd. The 38-month project is set to begin on August 18, according to a filing with the stock exchange. Inta Bina said the development will be financed through internally generated funds and external borrowings, and is expected to positively contribute to the group’s earnings during the contract period. As of end-March, Inta Bina’s construction segment had an unbilled order book valued at RM1.5 billion, while its property development segment held unbilled sales of RM90 million, providing earnings visibility for the next two to three years. The group reported cash and short-term deposits of RM117.64 million, compared to RM133.33 million in short-term borrowings and RM23.65 million in long-term borrowings. On Monday, Inta Bina’s shares closed 0.5 sen higher, or up 1.18%, at 43 sen, valuing the group at RM258.83 million.

News

Danantara’s Food Division CEO Resigns After Six Months, Citing Lack Of Budget Support

JAKARTA,  Joao Angelo De Sousa Mota has stepped down as president director of state-owned food company Agrinas Pangan Nusantara just six months into his tenure, citing the absence of budget allocations to carry out the firm’s programs. Mota said food security is a strategic issue that has drawn serious attention from President Prabowo Subianto, but claimed that government stakeholders have failed to match that commitment with tangible support. Former President Director of Agrinas Pangan Nusantara, Joao Angelo De Sousa Mota. “The president’s seriousness in supporting and driving every effort to achieve food sovereignty has not been fully supported by stakeholders or his aides. To this day, we have not received maximum support,” Mota told reporters at a press conference in Jakarta on Monday. He added that Agrinas has yet to receive any budget to execute its planned projects. “Including budget support. Until today, Agrinas Nusantara’s funding remains at zero,” he said. Mota, who had previously submitted his resignation letter to the sovereign wealth fund Danantara Indonesia, admitted that he had not been able to deliver concrete contributions to the national economy or improve farmers’ welfare. He apologized to the public and to President Prabowo. “Allow me to submit my resignation and to apologize,” Mota said, bowing during the press conference. Danantara CEO Rosan Roeslani said the fund respected Mota’s decision, describing it as a professional step that would be handled in accordance with corporate governance rules. He assured that Agrinas’ operations would continue without disruption and that leadership transition would proceed in an orderly manner. “Danantara Indonesia respects Mr. Joao Angelo De Sousa Mota’s personal decision to resign as president director of PT Agrinas Pangan Nusantara,” Rosan said in a statement. “We will ensure the transition process is well-planned and that the company’s strategic programs remain on track.” Agrinas Pangan Nusantara, which operates across the food supply chain from upstream to downstream, was launched on May 14. Its first project is set to begin in Baturaja, South Sumatra, as part of its broader business plan.

Investment & Market Trends

Mastec Tec Reports Q2 Net Profit Decline To RM6.92 Million

KUALA LUMPUR, Master Tec Group Bhd’s net profit for the second quarter (Q2) ended June 30, 2025, declined to RM6.92 million from RM8.70 million a year earlier. Despite the profit drop, the company achieved a record quarterly revenue of RM104.82 million in Q2 2025, up 43.9% from RM72.84 million in the same period last year, reflecting strong growth across its core business segments. The impressive revenue performance was mainly driven by the manufacturing segment, which accounted for RM91.04 million or 86.8% of total Q2 revenue. Copper-cored low-voltage (LV) power cables remained the top contributor with RM49.32 million in revenue, while aluminium-cored LV power cables rose significantly to RM39.68 million from RM22.86 million in the prior-year quarter. For the first half of 2025, Master Tec posted revenue of RM175.06 million, marking a 25.1% increase from RM139.99 million in the same period last year. However, pre-tax profit slightly declined by 4.5% year-on-year to RM13.25 million, and net profit fell to RM11.47 million from RM13.69 million in 1H FY24. CEO Tee Kok Hwa attributed the results to the company’s strategic focus on diversifying revenue streams and expanding capacity. “As we continue to grow, we remain committed to improving operational efficiency, enhancing product quality, and broadening our market reach,” he said. Master Tec also announced a first interim single-tier dividend of 69 sen per share for FY25, totaling RM7.04 million, as a token of appreciation to its shareholders.

Media OutReach

Wildberries launches ESG platform for charitable, environmental projects

MOSCOW, RUSSIA – Media OutReach Newswire – 12 August 2025 – Wildberries, a leading digital platform in Eurasia, has launched an online portal called RWB Participation that enables users to learn about the company’s ESG projects and personally take part in charitable, social and environmental initiatives. The platform’s Charity section features charitable foundations verified by the company that assist children, adults and the elderly, as well as supporting animals, environmental and cultural initiatives. Users will be able to support these foundations, with Wildberries to double the amount of user donations during the first month of the platform’s operation. The platform also enables users to sign up for volunteering projects across Russia. “This project enables us to systematize our social and environmental initiatives in one place, ensuring transparent and accessible information about the company’s sustainability projects. But most importantly, the platform will unite the efforts of business, society, and foundations in socially significant and environmental projects, giving everyone the opportunity to easily contribute to charity, volunteering, and environmental care, as well as see the results of their involvement,” said Wildberries founder Tatyana Kim. “I believe what matters is not how much you have, but how much you give to others.” RWB Participation responds to strong interest in ESG and charitable projects among Wildberries’ customers: according to a survey carried out by the company in May, 79% of customers have taken part in charitable initiatives, with 42% saying they do so currently and another 30% saying they would like to start. More than half of customers (55%) also said they take steps to help the environment. Wildberries puts a strong emphasis on sustainability as part of its marketplace operations. The company has introduced AI-powered electric trucks with zero carbon emissions at its warehouses and sent more than 167,000 tons of waste for recycling in 2024. More than 1,600 Wildberries pick-up points are equipped with donation boxes for clothing and other items. Hashtag: #Wildberries The issuer is solely responsible for the content of this announcement. About Wildberries Established in 2004 in Russia, Wildberries is a leading digital platform operating in Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, while also partnering with sellers in China and the UAE. Wildberries provides a state-of-the-art IT infrastructure to support customers and sellers, along with a developed logistics network spanning more than 135 facilities and 87,000 pick-up points across its markets. As of 2025, Wildberries serves over 79 million customers and processes more than 20 million orders per day.

Media OutReach

Etiqa Insurance Singapore Marks Fourth Year as Official Travel Insurer at NATAS Travel Fair 2025

Travel the world with Etiqa’s Extensive Travel Insurance Offers and Exciting Prizes SINGAPORE – Media OutReach Newswire – 12 August 2025 – Etiqa Insurance Singapore, a leading general and life insurer, returns to the National Association of Travel Agents Singapore (NATAS) Travel Fair 2025 as the Official Travel Insurer for the fourth consecutive year. Themed ‘DREAMS…to Destinations!, Singapore’s largest premier travel fair will be held at the Singapore Expo Hall from 15 to 17 August 2025, offering exciting promotions for travellers. Customers can enjoy up to 45% discount on Etiqa Travel Infinite*, and up to 10% off Annual Travel Plans In a special nod to Singapore’s 60th birthday, Etiqa is rolling out a commemorative SG60 promotion at the NATAS Fair, ensuring Singaporeans can explore the world with confidence and peace of mind. Customers can enjoy up to 45% discount on Etiqa Travel Infinite*, and up to 10% off Annual Travel Plans. Maybank cardholders will receive an additional 5% off Annual Plans, bringing the total discount up to 15%. Additionally, a delightful surprise awaits lucky customers whose purchased policy number ends in ’60’ – marking Etiqa’s way of celebrating Singapore’s special day alongside our valued customers. “At Etiqa Insurance Singapore, we are committed to being With You, ensuring that whether you’re travelling for adventure, business or with loved ones, you are doing so with complete peace of mind. We are proud to continue partnering with NATAS to safeguard every journey,” said Raymond Ong, CEO of Etiqa Insurance Singapore. In the spirit of ‘DREAMS…to Destinations!’ at the NATAS Fair, every customer will receive a complimentary gift with every purchase. From must-have travel essentials such as a sleek toiletries pouch to a lock and weigh luggage strap, every traveller can enhance their journey with added convenience. To explore these exciting offers, visit us at Booths 5H54 and 6H05 at Singapore Expo Hall 5 & 6. For more information or to buy your travel insurance today, simply scan the QR code or visit etiqa.com.sg. *Terms and Conditions This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K), a member of Maybank Group. This content is for reference only and is not a contract of insurance. Full details of the policy terms and conditions can be found in the policy contract. Protected up to specified limits by SDIC. Hashtag: #Etiqa https://www.etiqa.com.sg/ The issuer is solely responsible for the content of this announcement. About Etiqa Insurance Singapore Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation. Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 13 countries and a heritage that spans over 190 years.

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