KUALA LUMPUR, March 26 (Bernama) -- Carta, the world’s first fully interconnected system for private capital, has announced the opening of its Hong Kong office.
The new office anchors a dual-hub network in Asia—alongside the existing Singapore regional headquarters—to modernise Hong Kong’s US$240 billion private markets ecosystem. (US$1=RM3.95)
“For years, we have watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Carta Managing Director, Asia Pacific, Middle East, and Africa, Bhavik Vashi in a statement.
Vashi added that the Hong Kong hub will meet fund managers where they are, providing the modern infrastructure needed to manage the next generation of Asian capital with confidence.
This expansion establishes a seamless operating corridor for fund managers across Asia’s most dynamic capital centres. While Singapore anchors activity across Asia Pacific, the Middle East, and Africa, the Hong Kong office is strategically positioned to provide infrastructure for general partners (GPs) and limited partners (LPs) operating across the Greater Bay Area (GBA).
The timing aligns with Hong Kong’s return as a capital hub. As the region’s second-largest private markets hub, Hong Kong’s return to the #1 spot for initial public offering (IPO) activity has generated a significant wave of liquidity, driving strong demand for modern infrastructure across the private capital ecosystem.
The Hong Kong office launches with a team of professionals specialising in sales, marketing, customer experience, and fund administration. The team will provide end-to-end investment lifecycle services, including fund formation, capital calls, and automated waterfall modelling, all tailored to the local market, with support available in Cantonese, Mandarin, and English.
This expansion formalises Carta’s long-standing involvement in the city’s institutional ecosystem. Having participated in major industry forums like the HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta is transitioning from an ecosystem participant to a permanent local partner for firms in the GBA.
Hong Kong marks Carta’s 15th office worldwide, further cementing its commitment to serving the full spectrum of private capital participants—from emerging managers to established multi-billion dollar platforms—across its network, which also includes Singapore, Abu Dhabi, and Sydney.
-- BERNAMA
Friday, March 27, 2026
Thursday, March 26, 2026
Berjaya Sompo Insurance Berhad appoints Soo Wai Har as Chief Executive Officer
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| Berjaya Sompo welcomes Soo Wai Har as the newly appointed Chief Executive Officer. |
KUALA LUMPUR, March 26 (Bernama) -- Berjaya Sompo Insurance Berhad (“Berjaya Sompo”) today announced the appointment of Ms Soo Wai Har as new Chief Executive Officer (“CEO”), effective 1 April 2026.
Ms Soo succeeds Mr Tan Sek Kee, who is retiring. Mr Tan has been CEO of Berjaya Sompo since 2017 and was instrumental in strengthening Sompo’s Malaysia business over the last nine years. He will remain with Berjaya Sompo until June 2026 to ensure a smooth and seamless transition with Ms Soo.
Ms Soo brings with her more than 30 years of comprehensive industry experience and relationships from global insurance companies. In her new role, Ms Soo will be responsible for driving Berjaya Sompo’s sustainable profitability, scale and capabilities as a key market within Asia Pacific (APAC), while supporting the region’s growth and operational excellence. She will be based in Kuala Lumpur and will report to Kenneth Reilly, CEO, Insurance, APAC.
Mr Reilly said: “I want to extend my heartfelt appreciation to Sek Kee for his years of outstanding leadership and significant contributions to Sompo. We wish him the very best in his retirement. I am also excited to welcome Wai Har to the Malaysia and Asia Pacific leadership teams. With her wealth of experience and technical expertise from both consulting and insurance industry perspectives, I am confident Wai Har will lead the high performing team in Berjaya Sompo to oversee and execute our strategic plans in this key market for our insurance business.”
Ms Soo is a Chartered Accountant from the Malaysian Institute of Certified Public Accountants.
About Berjaya Sompo Insurance Berhad
Berjaya Sompo Insurance Berhad (“Berjaya Sompo”) is the Malaysian operating entity of the Sompo Holdings, Inc. As one of Malaysia’s leading general insurers, the company employs approximately 570 dedicated professionals and operates through an expanding nationwide network of 15 offices and more than 2,500 agents.
Berjaya Sompo offers a comprehensive portfolio of general insurance solutions for both individuals and corporations, delivering protection backed by global expertise and local market insights.
For more information, connect with us on LinkedIn or via berjayasompo.com.my.
About Sompo
We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.
“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.
To learn more, please follow us on LinkedIn or visit sompo-intl.com.
SOURCE: Berjaya Sompo Insurance Berhad
FOR MORE INFORMATION PLEASE CONTACT:
Name: Daniel Soon
PR and Communications
Berjaya Sompo Insurance Berhad
Tel: +6010 – 279 9775
Email: wjsoon@bsompo.com.my
Name: Rachel Loke
Head of Brand, Marketing & Communications
Berjaya Sompo Insurance Berhad
Tel: +6019 - 2782740
Email: rachel@bsompo.com.my
--BERNAMA
POLYPLASTICS’ DURACON POM POWERS INNOVATIVE CRAWLER TRANSPORT SYSTEM
KUALA LUMPUR, March 26 (Bernama) -- Polyplastics Co Ltd announced its DURACON polyoxymethylene (POM) resin has been selected for use in a unique crawler track transport system developed by Tokyo-based CuboRex Co Ltd, a supplier of innovative mobility solutions.
The unique transport system, which significantly improves work efficiency at factory and construction sites compared to conventional caster-equipped carts, includes a structural crawler covering made of DURACON POM.
In a statement, Polyplastics said the material was chosen for its high load-bearing capacity, excellent friction properties, durability, and reliability in harsh field conditions.
CuboRex’s trolley crawlers can be installed on existing trolleys, reducing ground pressure, friction, and the force needed for operation, enabling smooth travel over uneven terrain and steps.
Improved turning performance and better coordination with tow trucks and automated guided vehicles reduce operator strain and operational delays.
As demand for material handling is growing, the introduction of crawlers for carts eliminates the need to purchase new dedicated transport carts, enabling a dramatic improvement in operational efficiency while utilising existing equipment.
The solution leverages existing equipment to boost efficiency, enhance safety, and lower costs, with potential applications across logistics, manufacturing, and construction markets worldwide.
-- BERNAMA
The unique transport system, which significantly improves work efficiency at factory and construction sites compared to conventional caster-equipped carts, includes a structural crawler covering made of DURACON POM.
In a statement, Polyplastics said the material was chosen for its high load-bearing capacity, excellent friction properties, durability, and reliability in harsh field conditions.
CuboRex’s trolley crawlers can be installed on existing trolleys, reducing ground pressure, friction, and the force needed for operation, enabling smooth travel over uneven terrain and steps.
Improved turning performance and better coordination with tow trucks and automated guided vehicles reduce operator strain and operational delays.
As demand for material handling is growing, the introduction of crawlers for carts eliminates the need to purchase new dedicated transport carts, enabling a dramatic improvement in operational efficiency while utilising existing equipment.
The solution leverages existing equipment to boost efficiency, enhance safety, and lower costs, with potential applications across logistics, manufacturing, and construction markets worldwide.
-- BERNAMA
SBC MEDICAL LAUNCHES WELLNESS PLATFORM TARGETING LONGEVITY MARKET
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| SBC Medical Announces Next-Generation Wellness Strategy “SBC Wellness 2.0” |
KUALA LUMPUR, March 26 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) has launched “SBC Wellness 2.0”, a new wellness and longevity platform that integrates aesthetic healthcare, preventive care, and data-driven health management.
“Through aesthetic healthcare, we have helped many people build confidence in their appearance. What we have come to realise is that those who seek a youthful look are equally attuned to the signs of internal physical decline. SBC Wellness 2.0 was born from this insight.
“We are confident that only SBC Medical can deliver a standard of care that allows individuals to pursue ‘their best-ever self’, across both appearance and physical function. We will first become the game changer in Japan’s domestic longevity market and then set our sights on the world,” said its chief executive officer, Yoshiyuki Aikawa.
The initiative positions the company to tap into the rapidly growing global longevity market, projected to reach approximately US$800 billion in 2025 and expand to about US$2 trillion by 2035, with a compound annual growth rate exceeding 10 per cent from 2026 to 2035. (US$1=RM3.95)
According to SBC Medical in a statement, the strategy builds on its core presence in Japan’s US$4 billion aesthetic healthcare market while leveraging its extensive clinic network and customer base to develop recurring revenue streams and a differentiated, data-driven platform.
SBC Wellness 2.0 focuses on prevention, physical performance, and overall health span rather than disease treatment. It uses blood biomarkers, imaging, and artificial intelligence tools to assess individual health conditions and recommend personalised programmes that may include medical procedures, supplements, and lifestyle interventions.
By integrating “youthful appearance” and “physical optimisation”, SBC Medical establishes a new “performance medicine” category that goes beyond non-medical approaches such as fitness and general supplements.
SBC Medical plans to commercialise Wellness 2.0 through a mix of bundled programmes sold to corporations as employee‑wellness benefits and higher‑value, self‑pay medical and aesthetic healthcare services sold directly to customers.
-- BERNAMA
SWITZERLAND TOPS HENLEY OPPORTUNITY INDEX 2026
KUALA LUMPUR, March 26 (Bernama) -- Switzerland has been ranked the top destination in the newly released Henley Opportunity Index 2026, which evaluates how access to leading economies amplifies the long-term value of a top-tier education.
The index, published as part of the Henley Education Report 2026, measures jurisdictions based on earning potential, career prospects, education quality, economic mobility, and liveability, according to a statement.
Henley & Partners Group Head of Private Clients, Dominic Volek said the index identifies where “academic credentials and ambition translate most effectively into sustained career success and long-term economic advantage”.
Switzerland leads the 2026 ranking with a score of 86 out of 100, supported by its stable economy, world-class education system, and strong professional ecosystems in cities such as Zurich and Geneva.
Singapore ranks second with a score of 81, benefiting from its role as a global hub for trade, finance, and innovation, followed by Australia in third place with 80, driven by strong universities and high quality of life.
The United Kingdom and United States share fourth place with scores of 79, reflecting their concentration of top universities and global financial centres, while Canada ranks fifth with 78 due to its international labour market and respected education system.
Other jurisdictions in the top 15 include Austria, the United Arab Emirates, New Zealand, Hong Kong, Italy, Latvia, Malta, Portugal, and Greece, each offering varying combinations of economic opportunity, mobility, and quality of life.
It ranks countries where residence or citizenship pathways—through investment or merit—enable graduates to convert academic credentials into sustained career success.
The report underscores that while degrees from leading institutions remain valuable, long-term outcomes depend heavily on graduates’ ability to live and work in top economies, positioning residence and citizenship planning as a strategic factor in education and career decisions.
-- BERNAMA
The index, published as part of the Henley Education Report 2026, measures jurisdictions based on earning potential, career prospects, education quality, economic mobility, and liveability, according to a statement.
Henley & Partners Group Head of Private Clients, Dominic Volek said the index identifies where “academic credentials and ambition translate most effectively into sustained career success and long-term economic advantage”.
Switzerland leads the 2026 ranking with a score of 86 out of 100, supported by its stable economy, world-class education system, and strong professional ecosystems in cities such as Zurich and Geneva.
Singapore ranks second with a score of 81, benefiting from its role as a global hub for trade, finance, and innovation, followed by Australia in third place with 80, driven by strong universities and high quality of life.
The United Kingdom and United States share fourth place with scores of 79, reflecting their concentration of top universities and global financial centres, while Canada ranks fifth with 78 due to its international labour market and respected education system.
Other jurisdictions in the top 15 include Austria, the United Arab Emirates, New Zealand, Hong Kong, Italy, Latvia, Malta, Portugal, and Greece, each offering varying combinations of economic opportunity, mobility, and quality of life.
It ranks countries where residence or citizenship pathways—through investment or merit—enable graduates to convert academic credentials into sustained career success.
The report underscores that while degrees from leading institutions remain valuable, long-term outcomes depend heavily on graduates’ ability to live and work in top economies, positioning residence and citizenship planning as a strategic factor in education and career decisions.
-- BERNAMA
Wednesday, March 25, 2026
CGTN: XIONGAN EMERGES AS MODEL FOR URBAN DEVELOPMENT
KUALA LUMPUR, March 25 (Bernama) -- China Global Television Network Corporation (CGTN) has published an article on the transformation of Xiongan New Area into a modern urban model, driven by the orderly relocation of Beijing’s non-capital functions and supported by large-scale investment and policy integration.
The article highlights how human-centric planning has reshaped daily life, with residents benefiting from a "15-minute life circle" that integrates healthcare, education, retail, and recreation. Infrastructure upgrades, including the restoration of waterways and community services, underscore efforts to create a liveable urban environment.
Momentum for development was reinforced by a recent visit from Chinese President Xi Jinping, who called for Xiongan to evolve into a national innovation hub and a model for high-quality growth, according to CGTN in a statement.
Over the 14th Five-Year Plan period, Xiongan recorded cumulative investment exceeding one trillion Chinese yuan (US$145.5 billion), alongside average annual gross domestic product (GDP) growth of 17.1 per cent. The area has developed nearly 215 square kilometres and constructed more than 5,300 buildings, reflecting rapid urbanisation. (US$1=RM3.94)
Relocation remains central to its strategy, with major state-backed enterprises, including China Huaneng Group, successfully transitioning operations to the area. Policy frameworks ensure relocated entities and personnel maintain comparable living standards and access to public services.
Social infrastructure has also advanced, exemplified by the Xiongan campus of Beijing No. 4 High School, part of a broader initiative to replicate Beijing’s education and healthcare standards in the new area.
Looking ahead, Xiongan is accelerating innovation-driven growth through initiatives such as the Zhongguancun Science Park, development of data models, and expansion of cross-sector digital infrastructure. These efforts aim to cultivate “new quality productive forces” and strengthen the region’s role within the Beijing-Tianjin-Hebei economic cluster.
According to CGTN, Xiongan’s integrated approach—combining policy support, technological innovation, and liveability—positions it as a demonstration zone for balanced, high-quality development under China’s 15th Five-Year Plan.
-- BERNAMA
The article highlights how human-centric planning has reshaped daily life, with residents benefiting from a "15-minute life circle" that integrates healthcare, education, retail, and recreation. Infrastructure upgrades, including the restoration of waterways and community services, underscore efforts to create a liveable urban environment.
Momentum for development was reinforced by a recent visit from Chinese President Xi Jinping, who called for Xiongan to evolve into a national innovation hub and a model for high-quality growth, according to CGTN in a statement.
Over the 14th Five-Year Plan period, Xiongan recorded cumulative investment exceeding one trillion Chinese yuan (US$145.5 billion), alongside average annual gross domestic product (GDP) growth of 17.1 per cent. The area has developed nearly 215 square kilometres and constructed more than 5,300 buildings, reflecting rapid urbanisation. (US$1=RM3.94)
Relocation remains central to its strategy, with major state-backed enterprises, including China Huaneng Group, successfully transitioning operations to the area. Policy frameworks ensure relocated entities and personnel maintain comparable living standards and access to public services.
Social infrastructure has also advanced, exemplified by the Xiongan campus of Beijing No. 4 High School, part of a broader initiative to replicate Beijing’s education and healthcare standards in the new area.
Looking ahead, Xiongan is accelerating innovation-driven growth through initiatives such as the Zhongguancun Science Park, development of data models, and expansion of cross-sector digital infrastructure. These efforts aim to cultivate “new quality productive forces” and strengthen the region’s role within the Beijing-Tianjin-Hebei economic cluster.
According to CGTN, Xiongan’s integrated approach—combining policy support, technological innovation, and liveability—positions it as a demonstration zone for balanced, high-quality development under China’s 15th Five-Year Plan.
-- BERNAMA
STRAY KIDS PREMIERE BIORÉ UV GLOBAL ANTHEM FILM
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| "YOUR ONE AND ONLY. Biore Global Brand Event" Held in Seongsu, South Korea |
KUALA LUMPUR, March 25 (Bernama) -- Kao Corporation’s sunscreen brand, Bioré UV, hosted its “YOUR ONE AND ONLY. Bioré Global Brand Event”, unveiling its global campaign “SUNLIGHT IS YOUR SPOTLIGHT.” with a first-ever anthem film premiere featuring Stray Kids.
The event marked the global debut of the anthem film for “Endless Sun”, a track written, composed, and produced by Stray Kids. All eight members appeared on stage, sharing behind-the-scenes insights and engaging with fans during a live talk session.
The campaign underscores Bioré UV’s strategy to position sunlight as a source of empowerment while reinforcing its core value of high ultraviolet (UV) protection with everyday comfort. As part of its global expansion, Kao highlighted South Korea as a key strategic market, announcing a full-scale market entry for the brand.
Kao Vice President of the Skincare (Bioré) Business Division, Emi Kobayashi in a statement said South Korea represents a critical hub in the company’s global strategy, citing its advanced and competitive skincare market as a key growth driver.
The event also featured appearances by Natsuki Deguchi, the actress featured in Bioré UV’s Japanese commercials, who demonstrated the newly launched Bioré UV Aqua Rich Watery Essence in South Korea, highlighting its lightweight texture and finish.
During the anthem film segment, Stray Kids shared production anecdotes, including filming in Australia and creative elements behind key scenes. Members also discussed the message behind “Endless Sun”, describing sunlight as a “spotlight” symbolising confidence and individuality.
Interactive demonstrations using UV imaging showcased the effectiveness of Bioré UV products, while members engaged in light-hearted activities on stage, further energising the audience.
Closing the event, the group expressed appreciation to fans and reiterated the campaign’s message of confidence and self-expression, encouraging audiences to “shine under the sun” alongside Bioré UV.
-- BERNAMA
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