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South Palms Resort & Spa Panglao – MGallery Collection chooses Alcatel-Lucent Enterprise to deliver enhanced guest experience

Newly developed resort in the Philippines builds a strong digital foundation that is modern, scalable and reliable to deliver hospitality and operational excellence.

SINGAPORE – Media OutReach Newswire – 2 December 2025 – Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions that enable organizations and industries to accelerate their operational efficiencies and competitiveness, has provided a full turnkey offering that has helped South Palms Resort & Spa Panglao – MGallery Collection to deliver hospitality excellence through their digital guest services.
The resort, which officially opened its doors in August 2025, spans 6 hectares of pristine beachfront on Panglao Island—marking the arrival of the first international luxury resort in the area. With 188 rooms and suites designed to blend contemporary elegance with tropical charm, the resort is committed to flawless service and personalized experiences.

South Palms Panglao MGallery chose the Alcatel-Lucent Enterprise solution based on its ability to provide seamless, robust, high-speed connectivity across the resort’s expansive and varied property, which includes extensive indoor facilities as well as beaches, pools and gardens. Together with the property owner, a local partner and Pertlink, a technology consultant, ALE provided expert guidance and strategic insights that shaped the network’s design. The technology solution includes Alcatel-Lucent OmniSwitch® 6360 Stackable Gigabit Ethernet Switch and ALE’s Hospitality Hybrid Passive Optical LAN (POL) to provide high-speed, reliable, scalable network coverage and Alcatel-Lucent OmniAccess® Stellar Access Point WLAN products that can withstand extreme temperatures and challenging environments, ensuring stable connectivity across outdoor and indoor spaces. The solution also includes powerful and user-friendly management systems. This unified, single solution under one brand will enable ALE to continue to address the resort’s future needs for their core network and telephony infrastructure.

The resort’s ALE-based digital backbone accommodates high data demands from guest services as well as back-of-house operations teams. The solution delivers secure, uninterrupted connectivity, enhancing guest and operational efficiency, while reducing Total Cost of Ownership (TCO) to support the customer’s long-term sustainability and value.

“To meet the scale and luxury demands of South Palms Panglao MGallery, we knew the solution had to be more than just technology—it had to be a unified ecosystem. Working closely with our trusted partner and the strategic guidance of consultant Pertlink, Alcatel-Lucent Enterprise delivered a future-ready, single-brand Hybrid POL/WLAN infrastructure that guarantees both a seamless guest experience and long-term TCO reduction. Partnership was the true foundation of this digital transformation.”

Dirk Dumortier, Director of Strategic Partnership, APAC, Alcatel-Lucent Enterprise
From the very start, the project’s horizontal layout made it clear that HPOL was the optimal solution. After extensive due diligence, we identified ALE as the ideal technology partner — not only for their robust solutions but also for their exceptional pre- and post-sales support. Together with their delivery partner NERA, ALE demonstrated a seamless, professional approach throughout the entire process. Combined with ALE’s Wi-Fi infrastructure, we’ve created an outstanding, connected guest experience.”

Terence Ronson, Founder and Managing Director, Pertlink

The collaborative approach among the property owner, technology consultant and ALE has laid the foundation for a scalable, efficient and future-ready network that supports both operational excellence and enhanced guest experiences.

Hashtag: #AlcatelLucentEnterprise

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

Alcatel-Lucent Enterprise

Alcatel-Lucent Enterprise provides secure networking and communication solutions which enable organizations and industries to accelerate their operational efficiencies and competitiveness. In the Cloud. On Premises. Hybrid.

All solutions have built-in security, limited environmental impact and are fully compliant with data protection requirements of organizations and individuals at a national sovereignty and international industry level.

Alcatel-Lucent Enterprise focus on three pillars: Environment Sustainability, Social Responsibility, and Corporate Governance, providing technology solutions for the good of the environment, people, and business.

Over 100 years of innovation have made the company a trusted advisor to more than a million customers across the world.

With headquarters in France and 3,400 business partners worldwide, Alcatel-Lucent Enterprise achieves an effective global reach with a local focus.

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South Palms Resort & Spa Panglao – MGallery Collection

South Palms Resort & Spa Panglao – MGallery Collection is a beachfront retreat that captures the authentic island spirit of Bohol, the Philippines. Set directly on a powder-soft beach, overlooking the turqoise sea, this design-led resort blends natural elegance with an eco-conscious mindset, including farm-to-table dining, sensory spa treatments, and cultrual experiences rooted in Boholano traditions. Guests, and especially families, can enjoy reef snorkelling, diving at a nearby shipwreck, or hands-on activities like animal feeding and workshops, creating a deep connection with the sustainable island life.

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About MGallery Hotel Collection

MGallery Collection brand thoughtfully selects and curates unique properties around the world, forming a storied collection of boutique hotels with true soul where captivating stories are lived and shared. These more than 120 boutique hotels all around the world enjoy a unique history, inspired by the remarkable past of the building or by its destination that welcomes it allowing the guests to live memorable and meaningful moments.
The MGallery Collection establishments are hotels in which guests live an immersive experience, marked by exceptional interiors, an art of the mixology that awakens all the senses, and a well-being focused on balance in everyday life and mindfulness. It is a brand committed to Women but also to local communities, promoting the know-how of surrounding artisans and producers.
MGallery Collection customers leave with an unconditional desire to discover the other jewels of the brand to live a new unique experience. The most renowned hotels in this collection include the Hotel Molitor Paris in France, the Municipal Liverpool in the UK, the Santa Teresa Hotel in Rio de Janeiro in Brazil, Manly Pacific in Sydney in Australia, Athens Capital in Greece or Hotel des Arts Saigon in Vietnam. MGallery Collection is part of Accor, a world leading hospitality group counting over 5,700 properties throughout more than 110 countries, and a participating brand in ALL – Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

UK Degrees in Singapore: World-Class Education, Local Advantage


SINGAPORE – Media OutReach Newswire – 2 December 2025 – Singapore has emerged as a hub for transnational education, allowing students to earn globally recognised UK degrees without leaving the country. For those seeking international credentials with the convenience and affordability of local study, SIM Global Education (SIM GE) offers a compelling solution. Through partnerships with prestigious UK universities such as the University of London, University of Birmingham, and University of Stirling, SIM delivers world-class education with local advantages.

Why UK Degrees in Singapore

UK degrees offered in Singapore through transnational education programmes are designed and quality-assured to meet the UK’s rigorous academic standards. Graduates receive the same qualifications and exact same degree as those studying in the UK.

Studying locally offers significant advantages, lower tuition and living costs, no need for relocation, and access to a vibrant campus life in Singapore. UK degrees are globally respected, and employers value the analytical and critical thinking skills developed through UK curricula.

SIM: A Gateway to UK Education

SIM GE has long-standing partnerships with leading UK institutions, offering over 140 academic programmes. These collaborations ensure that students receive high-quality education aligned with global standards.

University of London at SIM

The University of London (UOL) is one of the world’s most prestigious institutions, renowned for its academic excellence and global reach. At SIM, students can pursue degrees in Accounting, Business Analytics, Data Science, Economics, Finance, International Relations, Politics, Management, and Computer Science. Academic direction is provided by leading UOL member institutions such as the London School of Economics and Political Science (LSE), University College London (UCL), and Goldsmiths.

Since 1986, SIM has produced over 46,000 UOL graduates, a testament to its strong track record in delivering quality education. Importantly, the degrees awarded at SIM are identical to those conferred in the UK, ensuring global recognition. Tuition fees for these programmes range from S$26,685 to S$42,835, offering significant savings compared to relocating overseas to study the exact same degree.

University of Birmingham

Ranked among the top 14 UK universities and a member of the prestigious Russell Group, the University of Birmingham brings world-class business education to SIM. Its Birmingham Business School holds Triple Crown Accreditation (AACSB, AMBA, EQUIS), a distinction achieved by less than 1% of business schools worldwide. Students enrolled in these programmes gain access to a curriculum that mirrors the UK campus experience, equipping them with the skills and credentials to thrive in global business environments.

University of Stirling

SIM’s partnership with the University of Stirling offers specialised programmes such as the BA (Hons) Retail Marketing, designed for students aiming to excel in retail and consumer sectors. Stirling is recognised for its strong industry connections and practical approach to learning, preparing graduates for leadership roles in a competitive marketplace.

Foundation Pathways

For students who require academic preparation before embarking on a UK degree, SIM provides robust foundation options. These include the International Foundation Programme (IFP) by the University of London, priced between S$19,385 to S$21,040, and the Monash University Foundation Year (MUFY), which guarantees entry into Monash University for any of its undergraduate programmes and is recognised by other UK institutions, with fees ranging from S$13,428 to S$14,213.

Employability and Career Readiness

SIM graduates enjoy strong employment outcomes, with over 80% securing jobs within six months of graduation. SIM’s Career Connect initiative provides internship placements, career coaching, and networking opportunities. Students also benefit from micro-credentials in areas such as AI, sustainability, and data analytics, enhancing their career readiness.

UK degrees offered at SIM combine world-class academic standards with the convenience and affordability of studying in Singapore. With strong university partnerships, practical learning pathways, and a focus on employability, SIM provides students with the tools to succeed in a globalised workforce.

References:

  1. SIM Global Education – Details on UOL degrees at SIM, academic direction by LSE, UCL, Goldsmiths, and graduate statistics. https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-of-london
  2. SIM Global Education – UOL Programme overview, fees and career prospects. https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing/bachelor-of-science-honours-in-accounting-and-finance
  3. SIM Global Education – Programme details and employability outcomes. https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing/bachelor-of-science-honours-data-science-and-business-analytics
  4. SIM Global Education –Russell Group membership, Triple Crown Accreditation, and programme philosophy. https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-of-birmingham
  5. SIM Global Education – Rankings, AACSB accreditation, and overseas study options. https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/university-of-stirling
  6. SIM Global Education – IFP Programme details, fees and progression pathways. https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing/international-foundation-programme
  7. SIM Global Education – MUFY Programme details, fees and admission information. https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing/monash-university-foundation-year
  8. SIM Global Education –Employment outcomes for SIM graduates. https://www.sim.edu.sg/degrees-diplomas/parent-resource-hub/employment-survey

Hashtag: #SIMGlobalEducation #SIMGE #StudentSuccess #CareerReady

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

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit sim.edu.sg

APAC marketers will increase spending across online video, e-commerce and influencer content in 2026

Netflix emerges as the region’s most preferred ad platform for consumers and YouTube continues to resonate with marketers 

SINGAPORE, Dec. 2, 2025 /PRNewswire/ — Over half of APAC marketers plan to further increase spending on online video, e-commerce, and influencer content in 2026, according to Kantar Media Reactions 2025. The annual study uncovering the attitudes of consumers and marketers also revealed that Netflix is officially the most preferred global ad platform among consumers in APAC.

Kantar’s APAC Head of Media Andy Gallagher says this is a significant shift in APAC’s media landscape because for the first time, Netflix with ads is the first streaming service to top the list in APAC.

“Almost two in five (37%) consumers believe Netflix delivers trustworthy ads and over one-third (35%) say they are of better quality. Notably, Netflix is the top-ranking media brand with highest ad equity in Korea and Japan. In particular, the Japanese say ads on Netflix are the most trustworthy and of the highest quality. This mirrors the Netflix’s top global ranking too for better quality ads and being known for hosting immersive content.

“Netflix is quickly gaining traction as the next big opportunity, with APAC marketers increasingly acknowledging its innovative ad formats and the highly positive consumer response contributing to its impressive rapid growth and appeal,” adds Gallagher.

“Ad equity matters. Our studies prove that campaigns are seven times more impactful among more receptive audiences. We are seeing steady growth over the last five years with more than half of APAC consumers are now receptive towards ads in general.”

The study also reveals that APAC marketers continue to rate YouTube as the best platform for capturing consumer attention, while Prime Video also features in the top five for both consumers and marketers, reflecting the growing influence of OTT platforms. Pinterest is the only social platform to break into the Top 5 for marketers, driven by Gen Z’s preference for its positive and inspiring content. Google Search remains a dominant force, especially in India and the Philippines while Amazon delivers a strong performance in Australia.

Social platforms also continue to be highly receptive for consumers on Southeast Asia with TikTok topping the consumer vote for ads that capture their attention; while for e-commerce, Grab has surpassed Shopee and Lazada in capturing consumers’ positive receptivity toward ads on its platform.

Top-ranking media channels in Asia Pacific 2025

Consumers APAC

Marketers APAC

1

Digital Out of Home ads (+2)

1

Digital Out of Home ads (New to Top 5)

2

In-person Sponsored Events (-1)

2

Online Video ads (-1)

3

Out of Home ads (-1)

3

Display ads (New to Top 5)

4

Cinema ads (New to Top 5)

4

In-person Sponsored Events (New to Top 5)

5

Point of Sale ads (-)

5

Social Media Stories (-3)

Note: (x) refers to rank changes versus 2024

Offline touchpoints continue to be the media channels most loved by consumers.

Digital Out of Home (DOOH) ads have surged two spots from 2024, while the entry of cinema ads into the top five underscores a growing appreciation for immersive, high-quality advertising experiences. Gallager says that DOOH stands out for both consumers and marketers, recognised for its innovative, attention-grabbing formats and visually impactful campaigns.

“The rise of DOOH signals a strategic opportunity for brands to leverage public spaces for creative storytelling and deeper engagement. Importantly, these rankings demonstrate that consumer preferences extend well beyond digital media, reaffirming the enduring relevance of traditional channels across Asia’s diverse markets.”

“For marketers, this means that while digital innovation is crucial, integrating offline touchpoints into the media mix remains essential for maximising reach and resonance,” adds Gallagher.

“The blend of offline and digital priorities highlights the need for a balanced, omni-channel strategy that aligns with evolving consumer behaviours while capitalising on the strengths of both worlds. Test and learn to maximise the impact that new possibilities can bring for your brand.”

Generative AI has more of an influence for marketers, while consumer concerns are high.

Gallagher also cautions that while marketers are embracing AI to boost efficiency and creativity, consumers are becoming more discerning and expressing concern over fake content.

“Three in five APAC marketers (62%) are excited about the application of AI to ads (62%) and are using generative AI to work more efficiently (61%); but 56% of consumers say they can tell when an ad is AI-generated and 63% are concerned that generative AI can lead to fake ads.”

“When thinking of Gen AI for creative, remember that efficiency may capture time for marketers, but authenticity is what will capture the hearts and trust of consumers.”

Local, regional and global Media Reactions reports are available by contacting Marc.Toh@kantar.com or Carie.Lee@kantar.com.

About Media Reactions 2025: Media Reactions combines insights from both consumer and marketer studies to provide a comprehensive view of the current media landscape. 2025’s survey engaged 974 marketing professionals from advertisers, agencies, and media companies worldwide, alongside 21,300 consumers across 30 markets (Argentina, Australia, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Ecuador, Germany, Hong Kong, India, Indonesia, Italy, Japan, South Korea, Saudi Arabia, Malaysia, Mexico, the Netherlands, Philippines, Poland, Romania, Singapore, South Africa, Thailand, Turkey, United Kingdom, United States, Vietnam).

About Kantar – Kantar is the world’s leading marketing data and analytics business and an indispensable brand partner to the world’s top companies. We combine the most meaningful attitudinal and behavioural data with deep expertise and advanced analytics to uncover how people think and act. We help clients understand what has happened and why and how to shape the marketing strategies that shape their future. www.kantar.com.

 

LynkiD Pioneers Blockchain-Powered Open Loyalty Platform in Vietnam, Connecting Millions through Data Intelligence

HANOI, Vietnam, Dec. 2, 2025 /PRNewswire/ — As Vietnam rises as a leading hub for digital transformation in Asia, LynkiD – the country’s leading open loyalty platform, is redefining how businesses connect with customers through blockchain and data intelligence.

The “Make in Vietnam” symbol of Technological Innovation

LynkiD received the Gold Award for “Promising Digital Product” at the Make in Vietnam Awards
LynkiD received the Gold Award for “Promising Digital Product” at the Make in Vietnam Awards

In 2024, the company received the Gold Award for “Promising Digital Product” at the Make in Vietnam Awards, honoring locally developed technologies that advance the country’s digital economy. In 2025, LynkiD was recognized by VINASA in three categories, including Top 10 Blockchain, Web3 and Application Providers, confirming its position as one of Vietnam’s most dynamic loyalty technology innovators.

Open Loyalty – Expanding value for businesses and consumers

LynkiD’s Open Loyalty model connects brands across industries, from banking, aviation to e-commerce and retail, into a unified loyalty network. Instead of operating separate reward systems, partners can integrate directly, allowing customers to earn and redeem points seamlessly across brands.

Powered by big data and artificial intelligence (AI), the platform helps businesses better understand customer behavior, personalize offers, and maximize customer lifetime value. For consumers, it delivers a transparent, frictionless experience, where every transaction brings tangible benefits.

Built on Blockchain infrastructure, LynkiD guarantees that all loyalty transactions are verified, immutable, and secure. This technology eliminates fraud risks and ensures that customer data and points are safely encrypted and decentralized, meeting international privacy and cybersecurity standards.

Expanding ecosystem of strategic partnerships

LynkiD is actively expanding partnerships across Vietnam’s key industries:

  • Aviation: Vietnam Airlines – Strategic collaboration allowing users to convert between LynkiD points and Lotusmiles.
  • Banking & Finance: Partnerships with VPBank and Opes Digital Insurance to develop open, data-driven loyalty programs and personalized financial experiences.
  • Retail & FMCG: Integration with retail chains, supermarkets, and e-commerce platforms, creating a multi-sector points network.
  • Digital Services: Collaboration with telecom and e-payment partners to enhance digital customer experience.

These partnerships are driving the formation of Vietnam’s first large-scale open loyalty ecosystem, where every business contributes to a shared network of customer value.

Bridging Vietnam and Japan through technology collaboration

With a vision to set the regional standard for open loyalty, LynkiD is deepening cooperation with Japanese enterprises in fintech, data, and customer engagement.
The company aims to co-develop blockchain-enabled loyalty solutions with Japanese partners, offering personalized, transparent, and secure consumer experiences, while acting as a bridge for Japanese brands entering Vietnam’s fast-growing consumer market.

About LynkiD

LynkiD is Vietnam’s leading open loyalty platform, developed by LynkiD Joint Stock Company, with a mission to build a connected ecosystem of customer value powered by Blockchain and data technology.
The platform currently serves over 9 million users and partners with leading enterprises including VPBank, VPBank Securities, Opes Insurance, Vietnam Airlines, and Vietjet Air.

Awards & Recognition:

  • Make in Vietnam 2024 – Gold Award: Promising Digital Product
  • VINASA 2025 – Top 10 Outstanding Vietnamese Digital Technology Enterprises
  • Top 10 in Blockchain, Web3, and Application Solutions

Contact Information:
LynkiD Joint Stock Company (LynkiD JSC)
Media & International Partnership Department
Email: hello@lynkid.vn 

Lynk Pharmaceuticals Announces FDA IND Approval of Its Allosteric TYK2 Inhibitor LNK01006

HANGZHOU, China and SHANGHAI and BOSTON, Dec. 2, 2025 /PRNewswire/ — Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as “Lynk Pharmaceuticals”), a clinical-stage innovative drug development company focused on developing innovative therapies for immune and inflammatory diseases, today announced that its innovative TYK2 allosteric inhibitor, LNK01006, has been approved by U.S. Food and Drug Administration (FDA) for human clinical trials.

LNK01006 is a highly brain-penetrant, potent, and selective oral TYK2 allosteric inhibitor targeting the JH2 domain. TYK2 is a key regulator of the IL-12 and IL-23 signaling pathways, which promote Th1 and Th17 cell differentiation. Th1/Th17 cells play a central role in central nervous system (CNS) inflammatory diseases such as multiple sclerosis (MS). Inhibiting TYK2 reduces the activation of pro-inflammatory T cells, thus lowering CNS inflammation. LNK01006 demonstrated high brain penetration in preclinical species and promising efficacy in treating and preventing multiple sclerosis in MS disease models, presenting a great potential for treating neuroinflammatory diseases. 

Dr. Michael Lawrence Vazquez, Co-founder and Executive Vice President of Lynk Pharmaceuticals, said, “Obtaining FDA IND approval for LNK01006 marks a key milestone in our pursuit of innovative TYK2 allosteric mechanisms. Our CNS penetrant TYK2 inhibitor was specifically designed to cross the BBB (blood brain barrier) and afford high CNS exposure. We leveraged medicinal chemistry principles and molecular design to optimize the physical properties, potency and selectivity. Allosteric TYK2 inhibitors (binding the pseudokinase domain) can achieve high specificity, avoiding cross‑inhibition of JAK1/2/3, thus a selective TYK2 inhibitor could dampen pathogenic immune signaling without broadly suppressing other JAK pathways. We look forward to advancing this promising molecule into human clinical trials and bringing new therapeutic options to treat patients suffering from neurodegenerative diseases.”

Dr. Jun Wang, Co-founder and Chief Scientific Officer of Lynk Pharmaceuticals, said, “LNK01006 is a novel brain-penetrant allosteric TYK2 inhibitor designed to modulate CNS-relevant inflammatory pathways, including type I interferons and IL-12/IL-23 signaling. Supported by strong evidence from human genetics and patient gene-expression studies and by robust efficacy in preclinical neuroinflammation models, LNK01006 represents a promising new therapeutic approach for CNS diseases with significant unmet need. We look forward to advancing its clinical validation.”

About Lynk Pharmaceuticals

Lynk Pharmaceuticals, a clinical stage company, was founded by senior drug R&D experts and executives from Pfizer, Merck, and Johnson & Johnson. Lynk Pharmaceuticals is dedicated to the discovery and development of innovative drugs for the treatment of immune and inflammatory diseases. Driven by a higher goal, Lynk Pharmaceuticals aims to be a market leader to address unmet medical demands by the development of innovative therapies. We thrive to provide differentiated innovative therapies to benefit patients globally. To date, Lynk Pharmaceuticals has independently developed several innovative new drug candidates and successfully completed a number of clinical studies.

 

SURFIRAN CO LTD Expands Its Premium Line with New Saffron-Based Products

SEOUL, South Korea, Dec. 2, 2025 /PRNewswire/ — SURFIRAN CO LTD has unveiled new premium products made with saffron—known globally as the world’s most expensive spice—further solidifying the company’s leadership in Korea’s emerging gourmet market.

The new lineup focuses on maximizing saffron’s golden color, deep aroma, and health properties while making the ingredient more accessible for everyday cooking. SURFIRAN CO LTD oversees sourcing, R&D, manufacturing, and distribution to maintain consistent premium quality.

“Although saffron remains unfamiliar to many Koreans, interest is rapidly growing with the rise of gourmet and wellness trends,” the company stated. “We are committed to offering saffron products that seamlessly fit into Korean dining habits.”

The company plans to expand its saffron portfolio into beverages, fermented foods, condiments, and other culinary categories.

 

Thunes Asia receives In-Principle Approval to expand the scope of its Major Payment Institution Licence from the Monetary Authority of Singapore

Licence variation will enable Singapore merchants to accept payments from the rest of the world; global merchants to offer popular local Singapore payment methods.

SINGAPORE, Dec. 2, 2025 /PRNewswire/ — Thunes today announced that it has received In-Principle Approval (IPA) for a variation of its Major Payment Institution licence (MPI) from the Monetary Authority of Singapore.

This In-Principal Approval marks a significant milestone in Thunes’ growth journey and demonstrates the company’s commitment to being one of the most trusted and innovative fintechs operating from Singapore. 

Subject to the grant of the MPI licence variation, Thunes will be positioned to expand its global offering in Singapore. This future state will empower merchants to access a wider range of payment solutions and accept payments from customers from the rest of the world using popular international and local payment methods. Specifically, this will allow Singapore merchants to accept payments via popular international methods, while also enabling global merchants in key markets across the Middle East, South Asia, Africa, and Europe to accept leading Singapore payment methods such as PayNow and GrabPay.

Today, Thunes’ Network gives its Members access to more than 320 local payment methods worldwide, enabled by our group’s portfolio of over 50 financial service licenses across the globe.

Upon the grant of the MPI licence variation, Thunes Asia will be authorised, in addition to its existing cross-border money transfer service, to provide account issuance, domestic money transfer, merchant acquisition, and e-money issuance services.

Peter De Caluwe, Co-founder and CEO of Thunes Group, said: “This In-Principle Approval from MAS is a major step forward for Thunes’ global strategy and a catalyst for growth. As our global headquarters, Singapore is the center of our governance and innovation, and with this approval, we’re doubling down on our commitment to connect markets, empower merchants, and expand our trusted Direct Global Network across the world.”

Ruwan De Soyza, General Counsel at Thunes Group, added: “Strong governance and a commitment to regulatory excellence have always been at the heart of how Thunes operates. This milestone reflects our unwavering commitment to doing business the right way. Our Thunes’ robust Fortress Compliance Platform underpins everything we do, ensuring our Members can trust every transaction that flows through our Network.”

This In-Principle Approval is a key milestone in Thunes’ leadership in building a safer, more connected global payments ecosystem that empowers businesses and consumers to transact seamlessly across borders. The company continues to work towards meeting all remaining requirements for the approval.

FOOTNOTES

An In-Principle Approval (IPA) in respect of a licence variation application reflects MAS’ view that the applicant’s licence variation application may be approved upon the fulfilment of specified conditions and provided there are no material adverse developments affecting the applicant. An IPA does not constitute an approval for the Company to provide an account issuance service; a domestic money transfer service; a merchant acquisition service; and an e-money issuance service at this juncture. MAS reserves the right to rescind the IPA in circumstances where it considers appropriate.

ENDS

Contact:

WE Communications, thunes@wecommunications.com

Anna Birdsall-Strong, Director of Brand and Public Relations, anna.birdsall@thunes.com

Great Place To Work® unveils the first Fortune 100 Best Companies to Work For™ Southeast Asia list, with Singapore’s Capella Hotelsearning a place in the top three

  • Three Singapore-headquartered companies were recognized for workplace culture in the inaugural 2025 Fortune 100 Best Companies to Work For™ Southeast Asia list.
  • Over 1.3 million employees from ten countries were invited to share their views.
  • Placing third overall, Capella Hotels & Resorts are helping grow Singapore’s reputation for excellence in both hospitality and employee wellbeing.

SINGAPORE, Dec. 2, 2025 /PRNewswire/ — Singaporean employers have featured prominently on the prestigious, inaugural Fortune 100 Best Companies to Work For™ Southeast Asia list, published today Fortune in collaboration with Great Place To Work® ASEAN & ANZ.

The Fortune 100 Best Companies to Work For list – first published in the US in 1998 – has long been one of the most recognised workplace benchmarks in North America. This year marks a major expansion of that legacy into Southeast Asia. More than 1.3 million employees across ten markets were invited to assess trust, fairness and support at work, with over 550,000 verified survey responses shaping the inaugural regional rankings.

Evelyn Kwek, Managing Director of Great Place To Work ASEAN & ANZ, said the list reflects a region-wide commitment to strengthening workplace culture.

“For decades, the Fortune 100 Best Companies to Work For List defined the gold standard for great workplaces in the US. Following the list’s global expansion – with the launch of the inaugural Europe list in 2024 – Southeast Asia now joins this international standard of excellence. This first-ever list reflects a diverse and dynamic region that is coming into its own by recognizing organizations that have intentionally built environments where people feel trusted and supported to do their best work. The decades of research and millions of employee voices collected in our data has shown that when that trust is strong, businesses grow in ways that lift up people, communities, and entire economies.”

The Fortune 100 Best Companies to Work For Southeast Asia list is the region’s most comprehensive measure of the employee experience, based on Great Place To Work’s proprietary Trust Index™ Survey. Rankings are driven primarily by confidential employee feedback, with company-provided information used to confirm basic eligibility and context. Only companies with consistently high survey responses from employees, regardless of their role, department, or status in the company, can secure a placement on the list.

Singapore’s Leading Workplaces Recognized
The Fortune 100 Best Companies to Work For® Southeast Asia list is compiled using rigorous benchmarks that assess employee trust and workplace culture. Companies headquartered in Singapore, or with a significant local footprint, that ranked within the 100 include:

#3 Capella Hotels & Resorts (Singapore headquarters) 
“Being recognised in the inaugural Fortune 100 Best Companies to Work For in Southeast Asia is a meaningful recognition for all of us at Capella Hotels and Resorts. It amplifies our belief that exceptional hospitality begins with a workplace where our colleagues feel valued, supported, and inspired,” said Richmond Kok, Senior Director, Human Resources (Learning & Talent Development)
#18 Micron Technology
#21 Visa
#33 HP
#31 SC Johnson 
#39 Jebsen & Jessen Group (Singapore headquarters) 
#86 ST Telemedia Global Data Centres (Singapore headquarters) 

The full Fortune 100 Best Companies to Work For™ Southeast Asia list is available here: https://greatplacetowork.com.sg/best-companies-to-work-for-southeast-asia-2025/