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Portmag Launches Portable Charger ‘Powerbank,’ Steps Up Global Market Expansion

SEOUL, South Korea, Dec. 18, 2025 /PRNewswire/ — Portmag, a charging accessories manufacturer, has launched its private brand (PB) portable charger, Powerbank, accelerating its push into overseas markets including China, Southeast Asia, Russia, and Japan.

As a manufacturer specializing in charging accessories, Portmag is expanding its global network through a partnership with marketing firm Bizrup. Its proprietary brand Powerbank features a magnetic pin array and magnetic terminal system, enabling convenient and powerful charging. The product is compatible with Portmag’s existing charging cable, the Spider Jack Absolute, and is designed to attach and detach magnetically. This structure helps prevent terminal damage even if the battery is dropped due to strong external impact.

A Portmag official stated, “We have established a local branch in China and signed a contract with Bizrup, a marketing company with established infrastructure, to build a local sales network.” The official added, “As our products are currently manufactured under OEM arrangements in China, we have a competitive advantage in exporting to the Chinese market, and we plan to further strengthen our brand presence locally.”

 

Ricoh recognised as a Top 5 global AV Integrator in SCN Top 50 Systems Integrators 2025

Third consecutive year in the global Top 5

TOKYO, Dec. 18, 2025 /PRNewswire/ — Ricoh has been recognised as one of the world’s leading audiovisual (AV) integrators by US publication, Systems Contractor News (SCN), ranking fourth in the SCN Top 50 Systems Integrators 2025 list. This marks the third consecutive year that Ricoh has been listed among the Top 5, reaffirming its sustained growth and leadership in the global AV integrator market.

Recognised for sustained growth and global delivery excellence, Ricoh secures the #4 spot in SCNs' 2025 Top 50 AV Integrators list — marking three consecutive years in the global Top 5
Recognised for sustained growth and global delivery excellence, Ricoh secures the #4 spot in SCNs’ 2025 Top 50 AV Integrators list — marking three consecutive years in the global Top 5

The list provides an annual snapshot of the AV industry, highlighting top companies that deliver solutions across diverse vertical markets worldwide. The ranking is based on the previous year’s sales and expected revenue from enterprise AV systems installations in the current year. Ricoh’s continued presence in the Top 5 reflects its strategic investments and partnerships aimed at meeting the growing demand for advanced AV and collaboration solutions.

With the professional audiovisual (Pro AV) market projected to grow significantly in the coming years, Ricoh has invested in strengthening its capabilities through the acquisition of leading AV integration firms, including Cenero (US), DataVision, Pure AV, AVC (EMEA), Videocorp, and Go2neXt (Latin America). In addition to these acquisitions, Ricoh has expanded its ecosystem through strategic partnerships with global technology providers, including LG and Logitech. Most recently, Ricoh announced a strategic partnership with Neat, a global innovator in video collaboration devices, to deliver enhanced meeting experiences and hybrid work solutions for organisations worldwide. This strategic alliance further reinforces Ricoh’s expertise in AV managed services (AVMS), a core component of its Workplace Experience business.

As a global workplace services provider, Ricoh delivers consistent services that support the new ways people work. Within the Workplace Experience domain—which includes communications and collaboration services—Ricoh offers solutions that enable seamless collaboration across offices and hybrid environments, helping people work more creatively. Through an integrated portfolio of hardware, software, and managed services, Ricoh allows customers to reduce operational complexity, focus on value-creating work, and drive organisational growth.

“Across Asia Pacific, organisations are accelerating investment in audiovisual and collaboration technologies to support hybrid work at scale,” said Kei Uesugi, Managing Director, Ricoh Asia Pacific. “Our teams are delivering managed AV environments that provide consistency across markets while remaining responsive to local needs. This recognition reflects the strength of our regional execution, and the trust customers place in Ricoh as a long-term workplace services partner.”

“Achieving a Top 5 ranking in the SCN Top 50 for the third consecutive year reflects Ricoh’s continued leadership in the global AV integration market,” said Masaya Takahashi, General Manager, Workplace Experience Business Centre, RICOH Digital Services Business Unit, Ricoh Company, Ltd. “As workstyles continue to diversify, organisations need partners that deliver consistent, intuitive, and scalable workplace experiences. By strengthening AV managed services and expanding our ecosystem of strategic partners, we are creating environments where collaboration is effortless and decisions move faster. As a workplace services provider, Ricoh will continue to deliver integrated digital solutions that optimise office space and facility management, elevate the workplace experience, and enable people to achieve fulfillment through work.”

Related Links

About Ricoh

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2025, Ricoh Group had worldwide sales of 2,527 billion yen (approx. 16.8 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfilment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

© 2025 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

UTI Investments Partners with FTSE Russell to Transition its Sovereign Bond ETF Benchmark

SINGAPORE, Dec. 18, 2025 /PRNewswire/ — UTI Investments announced that its Sovereign Bond ETF (Bloomberg Ticker: UIGB NA Equity) offered under a Restricted Scheme and available exclusively to accredited and institutional investors, has transitioned its benchmark from Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD) to the FTSE Indian Government Bond FAR Index (Bloomberg Ticker: CFIIFARU). The change is part of UTI Investments’ collaboration with FTSE Russell, the global index provider, to enhance visibility and align with globally recognized benchmarks.

Offered under a Restricted Scheme and available exclusively to accredited and institutional investors, the ETF will continue to provide investors access to Indian government bonds, while now reflecting the performance of the FTSE Indian Government Bond FAR Index, a transparent, rules-based index widely followed by international investors. The FTSE index offers broader yield-curve exposure, covering short- to long-dated maturities, providing a more balanced and diversified portfolio profile, improving stability across interest-rate cycles, and reducing concentration risk while more accurately reflecting the Indian sovereign bond market.

Indian government bonds have been included in major Emerging Markets Government Bond Indexes—starting with JPMorgan and Bloomberg in 2024/2025 and in the FTSE Emerging Markets Government Bond Index (EMGBI) in September 2025. This inclusion reflects the continued development and growing accessibility of India’s bond market to global investors. With a projected 9.35% weight in EMGBI, Indian bonds are poised to play a significant role in global emerging market debt portfolios.

Why Indian Government Bonds Now
Indian government bonds offer higher yields compared to many developed and emerging market peers, while also providing diversification benefits due to their relatively low correlation with US Treasuries and other global fixed income markets. Supported by strong FX reserves of over USD 650 billion, India is well placed to manage external shocks. The recent S&P sovereign credit rating upgrade to BBB, the first since 2007, further underscores India’s ability to sustain growth, control inflation, and maintain fiscal discipline—adding a strong tailwind for global investor interest.

Scott Harman, Head of Fixed Income, Currencies and Commodities (FICC), at FTSE Russell, an LSEG business, said:

“We are pleased to collaborate with UTI Investment as it adopts the FTSE Indian Government Bond FAR Index for its Sovereign Bond ETF. This reflects the growing global interest in India’s fixed income markets and underscores our commitment to providing transparent, rules-based benchmarks that enable investor access to emerging market opportunities. As Indian government bonds gain prominence in global indices, we look forward to strengthening our partnership to foster investor engagement and capital flows into India.”

About UTI Investments

UTI Investments is the global arm of UTI Asset Management Company (UTI AMC), India’s oldest asset manager. Headquartered in Singapore, UTI Investments provides investors worldwide with access to India’s equity and fixed income markets through a range of innovative and transparent investment solutions.

Disclaimer
This document is provided for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Past performance is not indicative of future results. Investors should consider their investment objectives, risks, and consult with their advisors before making any investment decision. UTI International is the legal name under which UTI Investments operates.

For important legal information and disclaimers, please visit: https://utifunds.com/wp-content/uploads/2025/12/Important-Legal-Information.pdf

Results of the IX Digital Asset Industry Classification System (“DAICS®”) 2H 2025 Review


HONG KONG SAR – Media OutReach Newswire – 18 December 2025 – IX Asia Indexes today announced the 2nd Half 2025 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens (ABTs) in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; and for ABTs: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch. The results are as follows:

  • DAICS® coin coverage: As of 3rd December, the top 50 coins by average market capitalization across the past 90 days
  • DAICS® market capitalization coverage: 96.98%*
  • The % coverage of market capitalization of the 50th ranked coin: 0.048%**
  • Member changes within the Top 50 Coins in DAICS®: eight coins added and nine coins deleted
  • Additions: Zcash (ZEC), World Liberty Financial USD (WUSD), PayPalUSD (PYUSD), Memecore (M), Worldcoin (WLD), Story (IP), Arbitrum (ARB), KuCoin (KCS)
  • Deletions: Mantra (OM), GateToken (GT), Official Trump (TRUMP), VeChain (VET), Render (RENDER), First Digital USD (FDUSD), Filecoin (FIL), Cosmos (ATOM), Algorand (ALGO)
  • 9 Green Coins labelled: Cronos (CRO), Pi (PI), Internet Computer (ICP), Hedera, Sui (SUI), Toncoin (TON), Arbitrum (ARB), Mantle (MNT), Tron (TRX)

Note:
*Special currency treatment of DAICS® applies, where any wrapped or second-level cryptocurrency is not considered in the calculation for the market capitalization of DAICS®

**Based on 3rd December 2025
G: Green Coin

The rankings of additions and deletions for the DAICS® top 50 cryptocurrencies are listed in Appendix 1. All classification changes, including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index, will take effect on 23rd January 2026, with market capitalization, rankings, and weightings available at www.ix-index.com.

1. Cryptocurrencies

1.1. Structure and Definitions

Tier 1: Industry Changes
The industry groups remain unchanged, with 5 industries and the respective weightings as follows:

Industry Weighting (%)
Payment (110) 73.87%
Infrastructure (120) 19.89%
Financial Services (130) 4.82%
Tech & Data (140) 0.22%
Media & Entertainment (150) 1.20%

Tier 2: Sector Changes
The number of sectors has increased from 17 to 18. There is one new sector added under the industry group “Tech & Data (140)”:

Identification (14040)
Definition: Cryptocurrencies that facilitate decentralized identity authentication and/or blockchain-based validation of digital intellectual property rights. The classification emphasizes trust, data consent, and privacy as core architectural features while the crypto by itself is not an identity token.

1.2. Reclassification Changes
This review doesn’t have any reclassification of the existing coins. The DAICS® 2H 2025 cryptocurrencies classification is available in Appendix 2.

1.3. Green Coin Label
This review identifies 9 Green Coins, classified based on their energy-per-unit-transaction, which is defined as the amount of energy consumed for a successful single unit transaction of the coin in the blockchain network. The coins selected rank in the top 20 percentile of the least energy-consuming cryptocurrencies out of the 50 DAICS® constituents. The top 20 percentile’s threshold in this review is ≤ 0.150 Wh. The table below lists these low-energy coins.

Industry Low Energy-per-transaction (≤ 0.150 Wh)
Payment (110) CROG
PIG
Infrastructure (120) ICPG
SUIG
ARBG
TRXG
HBARG
TONG
MNTG
Financial Services (130) NIL
Tech & Data (140) NIL
Media & Entertainment (150) NIL


Note: G as ‘Green Coin‘ labelling for cryptocurrencies that adhere to the principles of sustainability

2. Asset Backed Tokens (ABT)

2.1. Structure and Definitions

Tier 1: Asset Type Changes
The asset types remain unchanged at 6 as follows:
1) Culture (205),
2) Real Estate (215),
3) Financials (235),
4) Entertainment (255),
5) Natural Resources (265), and
6) Green Economy (275)

Tier 2: Branch Changes
The number of branches has increased from 31 to 32, with a new branch added under Financials (235): Tokenized funds (23540).

2.2. Classification Changes
This review doesn’t have any reclassification of the existing assets.

2.3. Coverage of DAICS®
A classification summary and definition table of both cryptocurrencies and ABTs are available in Appendices 3 and 4. For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html.

For more details on DAICS® qualification criteria, please email daics@ixindex.com.

Appendix 1

Additions and Deletions in DAICS® Top 50 Cryptocurrencies

Additions
Current Rank Cryptocurrencies
28 Zcash (ZEC)
31 World Liberty Financial USD (WUSD)
41 PayPal USD (PYUSD)
45 MemeCore (M)
46 Worldcoin (WLD)
49 Story (IP)
50 Arbitrum (ARBG)
51 KuCoin (KCS)

Deletions

Prev. Rank Cryptocurrencies Current Rank
34 Mantra (OM) 300+
41 GateToken (GT) 67
43 OFFICIAL TRUMP 56
45 VeChain (VET) 55
46 Render (RNDR) 58
47 First Digital USD (FDUSDG) 71
48 Filecoin (FIL) 61
50 Cosmos (ATOM) 54
51 Algorand (ALGO) 52

G: Green Coin

Appendix 2

Classification of the Top 50 Coins by Industry and Sector
Category

Industry Sector Cryptocurrencies
Cryptocurrencies (1) Payment:

Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.

Transaction & Payment BTC
XRP
BCH
XLM
LTC
XMR
CROG
ZEC
PIG
KAS
Stablecoin USDT
USDC
USDe
DAI
WUSD
PYUSD
Infrastructure:

Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc

Application Development Protocol & Smart Contract ETH
SOL
TRXG
ADA
HYPE
SUIG
AVAX
HBARG
TONG
NEAR
ETC
APT
ICPG
Interoperability LINK
DOT
ATOM
Scaling & Sharding MNTG
ARBG
POL
Supporting System NIL
Financial services:

Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services

Exchange Tokens BNB
LEO
BGB
UNI
OKB
KCS
Lending & Borrowing AAVE
Staking ENA
Financial Asset Tokenization ONDO
Tech & Data:

Provision of data management and storage, and development of innovative crypto technology

Storage & Sharing NIL
Data Management NIL
Artificial Intelligence TAO
Identification
(NEW)
WLD IP
Media & Entertainment:

Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles

Social Media & Community DOGE
SHIB
PEPE
M
Streaming NIL
Gaming NIL
Metaverse NIL

Note:
G as ‘Green Coin‘ for cryptocurrencies that adhere to the principles of sustainability

NEW for newly added sector

Appendix 3

DAICS® Industry and Sector Definition

Category Industry Sector Sector definition
Cryptocurrencies (1) Payment: (110)

Definition
Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.

Transaction & Payment
(11010)
Cryptocurrencies that are used for store of value, unit of account, medium of exchange
Stablecoin
(11020)
Cryptocurrencies where price is pegged to a / a basket of, reference asset
Infrastructure: (120)

Definition
Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc.

Application Development Protocol & Smart Contract
(12010)
layer-1 blockchain network that facilitates DApp creation and smart contract execution and smart contract
Interoperability
(12020)
Network that increases inter-connectivity and integration of the fragmented cryptocurrency ecosystem
Scaling & Sharding
(12030)
Networks that increase the ability to cope with the influx of many transactions at a time and blockchain network that can be split into smaller partitions, to improve scalability and process transactions quicker
Supporting System
(12040)
Networks/sidechains that improve functionality of layer-1 network
Financial services: (130)

Definition
Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending, and other capital markets related services

Exchange Tokens
(13010)
Cryptocurrencies that represent the stable coin in the exchange ecosystem and allow users to covert from digital asset on decentralised or centralised system int fiat currencies
Lending & Borrowing
(13020)
Borrowing and lending crypto assets with interest in return and other secondary financial tools derived from primary underlying asset, such as crypto futures and options
Staking
(13030)
Holding and “staking” of certain amount of cryptocurrency in a wallet to facilitate network operations
Financial Asset Tokenization (13040)

Cryptocurrencies/protocols that focus on the tokenized issuance and management of financial assets
Tech & Data: (140)

Definition
Provision of data management and storage, and development of innovative crypto technology

Storage & Sharing
(14010)
Crypto protocols that provide decentralized storage and/or sharing of data filing and resources.
Data Management
(14020)
Networks/Protocols that facilitate the indexing and querying of data from blockchain(s), enabling efficient data retrieval and management for decentralized applications
Artificial Intelligence
(14030)
Cryptos/Protocols that facilitate the use of AI powered apps or projects directly using blockchain platform.
Identification
(14040) (NEW)
Cryptocurrencies that facilitate decentralized identity authentication and/or blockchain-based validation of digital intellectual property rights. The classification emphasizes trust, data consent, and privacy as core architectural features while the crypto by itself is not an identity token.
Media & Entertainment: (150)

Definition
Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles

Social Media & Community
(15010)
Cryptos that provides mast social community and followers without a close secondary industry sector
Streaming
(15020)
Cryptos that provides rights to access decentralised video-streaming sites
Gaming
(15030)
Cryptos which mainly used in gaming or gaming supporting industry
Metaverse
(15040)
Cryptos that is commonly used in collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. This includes the use of VR and/or AR and/or 3D.

Note: NEW for newly added sector

Appendix 4

DAICS® Asset Type and Branch Definition
Category

Asset Type Branch Sub -branch
Asset-Backed Tokens (2) Culture: (205)

Definition
Real asset relating to sports, art, cultural drama, festive collectibles and design IPs etc.

Art
(20510)

This shall be further developed in the future with more digital assets available in the market

Sports
(20520)
Festive Collectibles
(20530)
Design IPs
(20540)
Drama and Play IPs
(20550)
Real Estate:(215)

Definition
Assets that mainly derived its valuation from property, real estate, and land

Commercial Property
(21510)
Residential Property
(21520)
Governmental Property
(21530)
Residential and Commercial Land
(21540)
Financials: (235)

Definition
Real financial asset including listed company shareholdings on regulated centralised exchanges and private company shareholdings; debt instruments; property trusts and derivatives that settled on regulated exchange (CeFi and DeFi).

Tokenised Securities (Company Securities, ETF)
(23510)
Tokenised Debts
(23520)
Tokenised REITs
(23530)
Tokenised Funds(NEW)
(23540)
Entertainment: (255)

Definition
Ownership of the IPs assets in the area of entertainment in real world such as concert, play, shows, circus, musicals, songs, movies, games, events and programs, and souvenir collectibles that is derived from the above areas.

Movies
(25510)

This shall be further developed in the future with more digital assets available in the market

Songs
(25520)
Concerts
(25530)
Gaming
(25540)
All Other Entertainment Events and Collectibles
(25550)
Natural Resources: (265)

Definition
Natural resources asset that derived directly from sea, sky, atmosphere and underground and can be classified as a commodity with standardisation such as precious metals, agricultural, energy and metals.

Precious Metals
(26510)
Agricultural
(26520)
Energy
(26530)
Metals
(26540)
Green Economy (275)

Definition
Ownership of Projects Asset that falls under the definition of the UN 17SDG²s, with over 80% of the income or jobs provided on these 17 initiatives.

No Poverty & Zero Hunger
(27510)

Following definition of the United Nations
17 sustainable development goals²

Good Health and Well-Being
(27520)
Quality Education
(27530)
Gender Equality
(27540)
Clean Water and Sanitation/Affordable and Clean Energy
(27550)
Decent Work and Economic Growth/ Industry, Innovation, and Infrastructure/ Partnerships for the Goals
(27560)
Reduced inequalities/ Peace, Justice and Strong Institutions
(27570)
Sustainable Cities and Communities/Responsible Consumption and Production
(27580)
Climate Action
(27590)
Life Below Water & Life on Land
(27500)

Note: NEW for newly added branch

² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals

The issuer is solely responsible for the content of this announcement.

About DAICS®

DAICS® covers both cryptocurrencies and asset-backed tokens (“ABTs”), to be reviewed semi-annually at the end of June and December. On the cryptocurrency side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data, and 5) Media & Entertainment. These industries are further divided into sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into branches and sub-branches to be introduced in the future.

About the IX Asia Tokenization Advisory Committee and Working Group

The establishment of the IX Asia Tokenization Advisory Committee (“Advisory Committee”) is to pursue the goal and vision of formulating a standard for a global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guidelines and references for tokenization in terms of infrastructure, business, financial stability, sustainability, internal control, and classification. The Advisory Committee is comprised of industry-recognised leaders from blockchain consultancy, sustainable projects, and the field of the Art industry.

The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects.

For more information about IX Asia Tokenization Advisory Committee & Working Group, please visit .

Warburg Pincus Signs Agreement to Invest in Acclime, a Leading Tech-Forward Corporate and Business Services Provider in Asia Pacific

SINGAPORE and HONG KONG, Dec. 18, 2025 /PRNewswire/ — Warburg Pincus, the pioneer of global growth investing, today announced that it has signed an agreement to invest in Acclime, a leading provider of corporate and business services across Asia Pacific. Through this transaction, Warburg Pincus seeks to leverage its global track record in building leading business services platforms to support Acclime’s next phase of growth, international expansion, and innovation.

Founded in 2019 by industry veteran Martin Crawford, Acclime was established with a clear vision: to build a truly integrated professional services platform capable of supporting businesses operating across Asia’s most complex and fast-growing markets. From its inception, Acclime differentiated itself through a partner-led model that combines deep local expertise with global standards, enabling the firm to scale rapidly while maintaining strong governance, accountability, and client focus.

Since its founding, Acclime has executed an ambitious and disciplined growth strategy, completing more than 50 acquisitions to build a platform spanning 18 markets and employing more than 2,000 professionals. The firm today serves over 17,000 clients—including subsidiaries of multinational corporations expanding into Asia Pacific, regional businesses, family offices, private capital firms, and high-growth companies—with a comprehensive suite of services across accounting, tax, HR and payroll, fund services, corporate secretarial, and risk and advisory.

As part of its evolution into a scaled, multi-market platform, Acclime appointed Izzy Silva as Group Chief Executive Officer in early 2024. Since assuming the role, Mr. Silva has led the next phase of Acclime’s development, sharpening the firm’s strategic focus, strengthening its operating model, and accelerating investment across leadership, systems, and technology to support sustainable long-term growth. Under his leadership, Acclime has advanced its digital transformation agenda, including the development of Aura, the firm’s proprietary AI-enabled automation platform, enhancing service delivery, operational efficiency, and client experience at scale.

Martin Crawford, Founder and Chairman of Acclime, said: “Over the past several years, Acclime has evolved into a pan-regional leader by combining deep local knowledge with a commitment to high-quality service for our clients. What began as a plan on a page has grown into a scaled, multi-market platform that has exceeded our expectations, thanks to the dedication of our 60+ partners, Stem Financial as foundational investors, and our talented team. We are delighted to welcome Warburg Pincus as a partner. Its partnership-oriented culture, global network, and strong track record of supporting growth make it an ideal investor for our next chapter.”

Saurabh Agarwal, Managing Director and Head of Southeast Asia Private Equity at Warburg Pincus, said: “Acclime has built one of Asia Pacific’s most scaled and differentiated corporate and business services platforms, powered by strong leadership, disciplined acquisitions, and a clear commitment to technology-enabled excellence. In a region defined by regulatory complexity and rising cross-border activity, the demand for an integrated, tech forward business services partner has never been greater. Acclime’s deep local expertise and scalable, technology-driven solutions position it to lead the next generation of corporate and business services across the region. We are excited to partner with Martin, Izzy, and the broader team to accelerate growth, expand capabilities, and create long-term value.”

“Acclime has reached an important inflection point in its journey,” said Izzy Silva, Group CEO of Acclime. “Warburg Pincus shares our conviction in the long-term opportunity to build a global, technology-enabled professional services platform, and brings deep experience in scaling complex, multi-market businesses. Together, we are well positioned to accelerate growth, broaden our capabilities, and create enduring value for our clients and partners.”

***

About Acclime

Acclime is a leading professional services firm providing integrated corporate services, fund services, accounting, tax, and advisory solutions across Asia Pacific and the Middle East. Founded in 2019 by Martin Crawford and Debby Davidson, Acclime was built on a partner-led model designed to prioritise client success. With over 2,000 professionals operating as one unified firm across 18 markets, Acclime serves a diverse range of private clients, regional enterprises, multinationals, funds, and family offices. The firm combines deep market knowledge, cross-border expertise and industry leading tech-enablement to help clients navigate complex regulatory environments, scale their operations and achieve their strategic objectives at every stage of success. For more information, please visit: www.acclime.com

About Warburg Pincus

Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $85 billion in assets under management and more than 215 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com.

About Stem Financial

Stem Financial is a growth equity investment company focused on financial and professional services in Asia Pacific. The firm invests across business development stages to help entrepreneurs implement their ideas and accelerate growth. Stem Financial is hands-on, delivering support, governance and capital, and is driven by returns, not assets under management. For more information, please visit www.stemfin.com.

Whalet Signs Agreement with OCBC to Drive Cross-Border Financial Innovation

SINGAPORE, Dec. 18, 2025 /PRNewswire/ — Whalet, a leading payment provider specializing in cross-border financial services, has inked an agreement with OCBC, Southeast Asia’s second largest financial institution by assets, to streamline cross-border payments for small and medium-sized enterprises in China (SMEs). The agreement, signed at a ceremony in Chongqing, strengthens financial connectivity between China and Singapore through localized, efficient payment solutions. 

Nicholas Liao, Founder & CEO of Whalet, emphasized: “This collaboration with OCBC marks a significant step in our mission to empower SMEs with seamless global transaction capabilities. By integrating OCBC’s extensive banking network and expertise, we are poised to deliver faster, more cost-effective payment solutions that bridge markets in Greater China and ASEAN.”

Benjamin Quek, Group Head, Greater China Business Office, OCBC, stated: “OCBC is committed to supporting cross-border trade growth and fostering economic collaboration between China and Singapore through innovative financial services that address the evolving business needs of SMEs. This cooperation with Whalet aligns with our strategic focus on Chongqing — a key hub under the ChinaSingapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI).”

The collaboration leverages Whalet’s fintech platform — licensed in Singapore, the U.S., and Hong Kong SAR — and OCBC’s global transaction banking expertise. Key initiatives include multi-currency account management, real-time payment tracking, and enhanced liquidity solutions — tools designed to reduce operational friction for businesses expanding across ASEAN and China.

Through working with leading institutions like OCBC, Whalet strengthens its role as a financial bridge between China and Singapore. This collaboration, coinciding with the 10th anniversary of the CCI, highlights Whalet’s commitment to advancing regional economic integration and digital innovation.

About Whalet

Whalet empowers small and medium-sized enterprises (SMEs) to navigate global commerce with confidence by providing secure, compliant, and cost-effective cross-border payment solutions. Licensed in Singapore, the U.S., and Hong Kong SAR, Whalet supports transactions in nearly 40 major currencies, offering services such as global accounts, pay-ins and payouts, currency exchange, and card issuance.

Through strategic partnerships with leading financial institutions, Whalet simplifies international expansion for businesses, enabling seamless access to global markets while ensuring regulatory adherence. Committed to innovation, Whalet combines agile fintech solutions with localized expertise to help SMEs thrive in the complex landscape of cross-border trade.

CYFIRMA Announces DeCYFIR 4.0: Industry-Leading AI Platform Engineered for Preemptive Protection Against Future Threats

Revolutionary 9 Pillar AI Architecture Combines Threat Discovery, Intelligence, Prioritization, and Deception for Total Digital Security

SINGAPORE and TOKYO, Dec. 18, 2025 /PRNewswire/ — CYFIRMA, the global leader in Preemptive External Threat Landscape Management (ETLM), today announced the launch of DeCYFIR 4.0, a groundbreaking evolution of its flagship platform engineered for the AI era. DeCYFIR 4.0 is the first platform of its kind to seamlessly integrate predictive threat intelligence, dynamic deception, real-world threat-led training, and automated exposure management into a unified platform, empowering defenders to anticipate, confuse, and neutralize novel and emerging threats amid the surge in AI-accelerated cyberattacks.

At the heart of this transformative innovation is DeCYFIR 4.0’s robust 9-pillar architecture, delivering comprehensive external threat visibility, proactive risk mitigation, and sector-specific defenses:

  1. Attack Surface Discovery & Intelligence
  2. Vulnerability Intelligence & Threat Prioritization
  3. Brand & Online Exposure Management
  4. Digital Risk & Identity Protection
  5. Third Party Risk Management
  6. Situational Awareness & Emerging Threats
  7. Predictive Threat Intelligence
  8. Threat Adaptive Awareness and Training
  9. Sector Tailored Deception Intelligence

Crowned by the innovative the eighth pillar, Threat Adaptive Awareness and Training, and the groundbreaking ninth pillar, Sector Tailored Deception Intelligence.

Threat Adaptive Awareness and Training delivers real-world, threat-led cybersecurity training that continuously adapts to the evolving tactics, techniques, and procedures (TTPs) of active adversaries. By leveraging predictive intelligence and real-time threat insights from the platform, it creates personalized, scenario-based simulations that mirror current and emerging attacks. This ensures security teams and employees remain sharply prepared, reducing human error, the leading cause of breaches, while fostering a proactive security culture and demonstrably improving readiness against sophisticated, AI-driven campaigns.

With Sector Tailored Deception Intelligence, DeCYFIR 4.0 introduces precision deception strategies and intelligence gathering uniquely customized for high-risk sectors such as government, critical infrastructure, healthcare, and finance. This capability enables organizations to deploy highly realistic decoys and honeypots that accurately mimic sector-specific assets, luring attackers into revealing their intent early. As adversaries interact with these tailored traps, the platform captures rich, actionable insights into their tools, techniques, and motivations, thereby turning defense into offense by confusing, derailing, and neutralizing threats long before they can target real systems.

“The adversary’s playbook has been rewritten by AI, demanding a fundamental shift from reactive blocking to proactive disruption,” said Kumar Ritesh, Founder, Chairman, and CEO of CYFIRMA. “DeCYFIR is built for this new reality. It decodes adversary behavior and intent in advance, allowing defenders to not just respond, but to strategically preempt. Our platform doesn’t just follow frameworks; it introduces a new operational model for defense.”

DeCYFIR’s pioneering architecture naturally embodies the proactive principles of the industry-recognized Gartner 3D Preemptive Cybersecurity Model (Deceive, Disrupt, Deny). This alignment further validates that DeCYFIR’s strategic approach is not only innovative but also fundamentally future-ready, providing a proven structural blueprint for countering the evolving threat landscape. The platform delivers on this paradigm through actionable capabilities, turning the theory of preemption into a tactical reality for defenders.

Deployable across cloud, hybrid, or on-premises infrastructures, DeCYFIR addresses the rigorous demands of regulated industries, critical infrastructure, and global enterprises. Organizations use DeCYFIR to:

  • Deceive: Mislead attackers with false targets and a dynamically shifting attack surface.
  • Disrupt: Anticipate and interrupt attacker campaigns before they reach real assets.
  • Deny: Block discovery, access, or exploitation of legitimate systems and data.

Key benefits:

  • Anticipate attacks weeks or months ahead.
  • Reduce attack probability and breach impact.
  • Protect brands, IP, and supply chains.
  • Bolster defenses against AI-driven threats via proactive governance.

DeCYFIR 4.0’s 9-pillar architecture transforms cybersecurity from reactive to preemptive. It delivers early warnings, prioritizes vulnerabilities, minimizes digital and supply-chain exposure, and builds team readiness through adaptive training. As a unified platform, it eliminates silos, consolidates tools to cut costs, speeds decisions with actionable intelligence, and provides clear ROI via faster incident response and prevented financial/reputational damage so as to keep organizations ahead in a hostile threat landscape.

About CYFIRMA

CYFIRMA is a global leader in preemptive external threat landscape management, enabling organizations to predict and prevent cyberattacks through its AI-powered intelligence platform. By integrating nine pillars of external threat management including Attack Surface Discovery, Vulnerability Intelligence, Brand & Digital Risk Management, Third-Party Risk, Situational Awareness, Predictive Threat Intelligence, Threat Adaptive Awareness, and Sector-Tailored Deception Intelligence, CYFIRMA shifts cybersecurity from reactive to predictive. The platform delivers early warnings, personalized insights, and actionable intelligence from a hacker’s perspective, helping reduce cyber risk and costs through threat prioritization, contextual decision-making, improved visibility, and stronger operational resilience. CYFIRMA serves Fortune 500 companies and national agencies and is headquartered in Singapore with offices across APAC, the US, and EMEA.

Learn more about CYFIRMA @ cyfirma.com

Last Chance Year-End Deals from Singapore: Fly T’way Air to Korea

Exclusive Offers for Seoul and Jeju; Flexible Travel through Mar/Oct 2026

SINGAPORE, Dec. 18, 2025 /PRNewswire/ — T’way Air, Korea’s leading low-cost carrier, announced year-end savings for travel to Korea, with a limited-time promo code and coupons available on flights to Incheon (Seoul) and Jeju Island for bookings made by December 31.

Last Chance Year-End Deals from Singapore: Fly T’way Air to Korea
Last Chance Year-End Deals from Singapore: Fly T’way Air to Korea

Daily Singapore–Incheon services operate on A330-200/300 aircraft, departing Singapore at 11:00 p.m. and arriving Incheon at 6:35 a.m. the next day. Return flights depart Incheon at 3:30 p.m. and arrive Singapore at 9:25 p.m. (local time).

Daily Singapore–Jeju services operate on Boeing 737-8, departing Singapore at 2:30 a.m., landing in Jeju at 9:30 a.m., while the return flight leaving Jeju at 7:45 p.m. and arriving in Singapore at 1:30 a.m. the next day (local time).

Book by December 31 to unlock T’way Air’s limited-time year-end savings:

  • Up to 10% Off Promo Code: enter FLYDEC when booking on Singapore–Incheon (travel through March 28, 2026) and Singapore–Jeju (travel through Oct 24, 2026); valid on one way and round trip.
  • SGD 25 Regular Coupon: for bookings over SGD 400, on Singapore–Incheon and Singapore–Jeju; travel through Mar 31, 2026.
  • SGD 35 Early Bird Coupon: for bookings over SGD 350, on Singapore–Jeju; travel period Apr 1–Oct 24, 2026.
  • Welcome SGD 20 Coupon: sign up at twayair.com and receive SGD 20 off bookings over SGD 180, on Singapore–Incheon and Singapore–Jeju.

T’way Air serves as a gateway to Korea’s seasonal highlights. In spring, Gyeongbokgung and Bukchon‘s Hanok lanes set a classic scene, and summer shifts to Hangang Park for riverside cycling and laid-back picnics. Autumn brings foliage walks along the Namsan trails and Seokchon Lake, while winter wraps up with holiday lights in Myeongdong.

For full flight schedules, coupon terms, and booking details, visit twayair.com. T’way Air currently serves 60 destinations worldwide and continues to expand its network.

About T’way Air

T’way Air Co., Ltd., headquartered in Daegu, South Korea, is a leading low-cost carrier (LCC) providing affordable and reliable air travel since 2010. T’way Air serves customers across East, Southeast, and Central Asia as well as Oceania, Europe, and North America with a modern fleet of Boeing 737-800s, 737 MAX 8s, and Airbus A330s, and Boeing 777-300ERs. T’way Air continues to expand its global network, offering great value to passengers worldwide. For more information, visit www.twayair.com.

Media Contact
T’WAY AIR Public Relations
twaypr@twayair.com