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Sungrow Hydrogen won the largest supply contract for the 320MW green ammonia project in Oman!

HEFEI, China, Jan. 20, 2025 /PRNewswire/ — On January 18th, Sungrow Hydrogen signed supply agreement with ACME Group and will provide water electrolysis hydrogen production equipment for the 320MW green ammonia project in Oman. It also marks the official start of the cooperation between ACME Group and Sungrow Hydrogen in the Middle East.

Signing ceremony between ACME Group and Sungrow Hydrogen
Signing ceremony between ACME Group and Sungrow Hydrogen

According to the agreement, Sungrow Hydrogen will provide multiple sets of 1000Nm³/h ALK hydrogen production equipment and flexible green hydrogen production solutions for the project. The delivery will be completed within 2025.

The project is the core part of ACME’s green energy strategy in the Middle East is anticipated to begin operations in 2026. Upon commencement, the initial capacity for green ammonia production will be 300 tonnes per day. Undoubtedly, it has the potential to greatly strengthen Oman’s position in the global green hydrogen industry in the future.

Sungrow Hydrogen’s competitiveness in the global green hydrogen industry is on the rise. In 2024, its electrolyzer products were set to receive prestigious certifications from CE and TÜV and its 20MW Water Electrolysis Hydrogen Production Empirical Platform (the largest one worldwide) has been granted with Laboratory Accreditation Certificate by China National Accreditation Service for Conformity Assessment (CNAS). Additionally, Plant No.2 of the Sungrow Hydrogen Intelligent Manufacturing Centre has recently become operational. This facility features China’s first automated assembly line for ALK electrolyzers, which is expected to boost production efficiency by 60%. As a result, Sungrow Hydrogen’s annual production capacity has now increased to 3GW.

With advanced technology and efficient service, Sungrow Hydrogen actively participates in multiple large-scale integrated green hydrogen, ammonia, and methanol demonstration projects worldwide. In the future, Sungrow Hydrogen will continue to collaborate with global partners to jointly advance the development of green hydrogen projects, powering up the global green hydrogen industry.

KuCoin Appoints BC Wong as CEO to Lead Compliance and Global Expansion

VICTORIA, Seychelles, Jan. 20, 2025 /PRNewswire/ — KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance.

BC Wong, CEO of KuCoin
BC Wong, CEO of KuCoin

BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable platform for millions of users worldwide.

Throughout his tenure, BC has advanced global regulatory engagement while skillfully navigating industry challenges. Under his leadership, KuCoin remains dedicated to prioritizing user-centricity, robust security, and technological innovation.

“Our priority is to build a reliable platform for our users,” BC stated. “As CEO, I am focused on enhancing our global presence and fostering collaboration with regulators to create a secure, inclusive financial ecosystem. Together with our partners and users, we will shape the future of finance.”

Focus on Compliance and Reliability

A Singaporean with a Juris Doctor degree from Singapore Management University and a master’s degree from George Washington University, Wong brings a global perspective to KuCoin. In his previous role as Chief Legal Officer, he spearheaded efforts to secure regulatory licenses and strengthen relationships with regulators, reinforcing KuCoin’s commitment to compliance.

Wong has been instrumental in collaborating with regulators across the EU, Asia, the Middle East, and Africa, reinforcing KuCoin’s reputation as a compliant and secure platform. His strategic efforts have reinforced KuCoin’s commitment to providing a safe and reliable trading environment on a global scale.

Empowering Users Globally

KuCoin is dedicated to democratizing access to cryptocurrency through secure and innovative solutions. By expanding its presence in key markets, the company continues to provide seamless, user-friendly experiences for investors worldwide.

Under BC’s leadership, KuCoin has also prioritized Corporate Social Responsibility (CSR), partnering with organizations such as the Global CSR Foundation and the American Medical Women’s Association. Notable initiatives include participation in the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, benefiting over 50,000 women and children globally.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

Global Gym Giant Anytime Fitness Gears Up for Unprecedented Growth in Hong Kong

HONG KONG  , Jan. 20, 2025 /PRNewswire/ — Anytime Fitness (AF), the largest and longest-standing global fitness brand in Hong Kong, is set to achieve record-breaking growth over the next two years. With 34 successful clubs already operating across the market, the 24-hour pioneer has the strong momentum to exceed 50 clubs in Hong Kong by the end of 2026. This milestone underscores Anytime Fitness’ position as a world leader in fitness and wellness, with over 5,000 clubs worldwide, and a total of nearly 450 under the management of Anytime Fitness Asia (AFA) as master franchisee across Singapore, Malaysia, Hong Kong SAR, Indonesia, Taiwan region, Thailand, Vietnam, and the Philippines.

Anytime Fitness Hong Kong
Anytime Fitness Hong Kong

A Year of Milestones

Hong Kong’s expansion underscores the growth of AFA as the fastest-growing international operator for Anytime Fitness. The launch of the AF App enhanced members’ digital experience with door access, workouts, health tracking, and resources, making fitness accessible anytime. Additionally, an ongoing global partnership with Evolt, a body composition analytics tool scanning over 40 advanced metrics, provides personalized, data-driven insights to empower members on their fitness journeys.

Commitment to Community and Sports

Anytime Fitness Hong Kong strengthened its community focus with a two-year sponsorship of the Basketball Association of Hong Kong, China (BAHKC). This partnership supports the BAHKC in competitions like the FIBA Asia Cup and regional tournaments across Southeast Asia, Hong Kong SAR, and Taiwan region, promoting health and teamwork on and off the court.

Diversity, Inclusivity, and the Anytime Starts Now Campaign

Through its Anytime Starts Now” campaign, Anytime Fitness inspires individuals of all backgrounds to begin their fitness journeys. By fostering a welcoming and inclusive environment, the brand ensures every member feels empowered to take the first step toward a healthier lifestyle.

“We believe fitness is for everyone, everywhere, and at any time,” said Johannes Raadsma, President & Co-Founder of Inspire Brands Asia, holding company behind Anytime Fitness Asia. “As we grow and innovate in the vibrant Hong Kong market, we remain focused on creating spaces where diversity thrives, technology enhances experiences, and our community feels supported. 2025 will be our most impactful year yet.”

For more information, visit www.anytimefitness.hk or follow us on social media.

About Inspire Brands Asia (IBA) 

Inspire Brands Asia (IBA) is the multi-award-winning regional master franchisee of Anytime Fitness, overseeing a network approaching 450 clubs, with more than 100 under corporate management. Operating in dynamic markets including Singapore, Malaysia, Indonesia, the Philippines, Hong Kong SAR, Taiwan region, Thailand, and Vietnam, IBA commands the region’s largest fitness network. 

Anytime Fitness Asia is recognized for its innovative 24-hour access, seamless reciprocity across clubs, revolutionary technology, exceptional coaching, strong community engagement, and complimentary group exercise classes, all designed to deliver an outstanding member experience. 

The Lux Collective Unveils Visionary Global Expansion Plans for 2025 and Beyond

LUX* announces new openings in Africa, Southeast Asia and the Middle East, whilst SALT prepares for its debut in China this year 

PORT LOUIS, Mauritius, Jan. 20, 2025 /PRNewswire/ — The award-winning Mauritian-born global luxury hotel operator The Lux Collective has announced its expansion plans for 2025 and beyond, with new openings in the pipeline for China, Africa, the Middle East and Southeast Asia. The Group’s brand of boutique and purpose-led properties SALT will debut outside of Mauritius with two openings in China, whilst The Lux Collective’s flagship luxury brand LUX* will launch in the Middle East and Southeast Asia, as well as growing its presence in Africa with a futuristic, opulent safari-camp in Botswana. At the helm of this highly anticipated next chapter is The Lux Collective’s new Chief Executive Officer Olivier Chavy, who is paving the Group’s strategic presence in burgeoning travel destinations across the globe, and cementing its position as a trailblazing industry disruptor.

Photos (From top left clockwise): LUX* Xinii Mababe in Botswana, LUXNAM* Phu Quoc in Vietnam,  LUX* Al Jabal in Sharjah, UAE and LUX* Al Bridi in Sharjah, UAE
Photos (From top left clockwise): LUX* Xinii Mababe in Botswana, LUXNAM* Phu Quoc in Vietnam, LUX* Al Jabal in Sharjah, UAE and LUX* Al Bridi in Sharjah, UAE

SALT brand expands outside of Mauritius for the first time

In Q2 2025, The Lux Collective will debut SALT of Anji in China, providing a gateway into the lush natural beauty of Anji County, a tranquil region known for its prized white tea and bamboo forests. Launched in 2018, SALT offers a humanistic approach to hospitality – connecting modern explorers to meaningful travel experiences, sustainability and local communities. As travellers increasingly seek emerging destinations to reconnect with nature and escape the crowds, Anji offers beautiful landscapes and preserved culture, just a 2.5-hour drive from Shanghai. Designed by renowned South African architect Peter Rich, SALT of Anji is inspired by Catalan architect Gaudí’s imaginative use of natural stone and elements to create showstopping structures. The sustainability-focused resort features 108 guestrooms and villas, with contemporary interior design to complement the building’s stone aesthetic. It has a scenic outdoor pool, themed restaurants and an elegant SALT Equilibrium spa centre. 

Continuing SALT’s journey in China, SALT of Mount Siguniang will launch in 2027, located in a Tibetan village in the Sichuan province on the doorstep of UNESCO World Natural Heritage Site, Mount Siguniang National Park. The first international property to open in this protected area of natural beauty, the resort will grant unparalleled access to magnificent peaks and emerald forests, being part of Sichuan Giant Panda Sanctuaries.

LUX* expands its presence with the first hotel management agreement in Southern Africa – LUX* Xinii Mababe, Botswana

Growing the LUX* footprints, the Group ventures further into new destinations in the Africa continent, following the successful opening of LUX* Marijani Zanzibar in Tanzania in July 2023. The Lux Collective and Diamond Power Pty Ltd have officially inked a hotel management agreement to operate and manage a new project – LUX* Xinii Mababe in Botswana.

An exclusive destination into the untamed natural surroundings of Mababe, LUX* Xinii Mababe is home to diverse wildlife, including large herds of buffalo, zebras, elephants and giraffes, as well as lions and leopards. Inspired by Botswana’s cultural heritage, the resort’s minimalistic architecture will be sustainably designed. All 26 lodges each features a centrepiece emulating striking African trees, rooting each lodge to the land. The symbolic roof structures honour the Okavango Delta’s indigenous Hambukushu tribes, also known as rainmakers of Okavango. Their distinctive funnel shape mirrors that of Hambukushu fishing baskets, while the conical design of each roof uses local materials and age-old conservation methods to harvest rainwater. 

Lyndon Jones, Founder of Diamond Power Pty Ltd and Owner of Xinii River Camp project in Botswana, remarks, “Recognised for its excellence and innovation in the global hospitality industry, our like-minded collaboration with The Lux Collective aims to make LUX* Xinii Mababe an unrivalled destination for opulent safari and wellness experiences, with thoughtful architecture and design inspired by the rich cultural heritage of Botswana and the Okavango. Our shared goal is to create a truly immersive and luxury wildlife experience through unique accommodation, culinary and wellness offerings for future guests whilst respecting the surrounding natural environment.” 

This successful collaboration has been facilitated by International Tourism Investment Corporation Ltd (ITIC), London-based global advisory boutique firm, which serves as the Transaction and Financial Advisor for this project.

LUX* debuts in the Middle East and grows presence in Asia

Flagship luxury brand LUX* will launch in the Middle East for the first time in Q4 2025 with LUX* Al Bridi and LUX* Al Jabal in Sharjah, UAE. Recognised as the ‘Culture Capital of the Arab World’ by UNESCO for its culture, art and history, Sharjah boasts an array of museums, mosques and cultural sites; including the Al Madam ghost town, enveloped by desert. A modern 45-key boutique-style resort overlooking the Gulf of Oman with jagged mountains, LUX* Al Jabal will offer exclusive access to a private beach, world-class dining options, a restorative LUX* ME Spa and opportunities for cultural immersion. Located in the wilderness, LUX* Al Bridi will open as a contemporary sanctuary of 35 luxurious safari-style tented retreats, created to resemble sand dunes, blending seamlessly into the surrounding landscape. On its doorstep is a wealth of experiences including dining in the wild, dune surfing, and four-wheel drive excursions to stargazing under the Arabian sky. 

In Asia, LUX* brand will also debut in Vietnam with the country’s and the region’s first overwater resort – LUXNAM* Phu Quoc in Q2 2026, a private paradise in the Kien Giang Biosphere Reserve, tucked between dense jungle and idyllic beaches on the northern tip of Phu Quoc island. Inspired by the Maldives’ iconic overwater resorts and overseeing panoramic seaviews, the 116 villa-only modernistic resort includes 99 overwater villas and 17 landed residences. The resort’s design with its LUX* ME Spa and specialty restaurants will reflect the best of island living, highlighting locally-crafted and traditional materials with a minimalist touch.

In Q3 2026, luxury urban resort LUX* Guangzhou will launch in Huangpu District, Guangzhou City, providing an oasis of calm in this fast-paced metropolis. Located in two skyscrapers comprising the luxurious resort and residences, LUX* Guangzhou boasts unobstructed views of the city, a variety of dining destinations and a sensory LUX* ME Spa. 

“As the CEO of The Lux Collective, I am delighted to lead the Group on another exciting phase of global expansion and strategic growth. The Lux Collective is a dynamic and pioneering home-grown Mauritian brand which puts people, exceptional service and extraordinary experiences first. The latest projects for LUX* and SALT will provide gateways to fascinating and emerging travel destinations such as Anji, Mababe, Phu Quoc and Sharjah, enabling travellers to delve authentically into the unique identity of each region.

We are thrilled to announce LUX* brand’s first opening in Botswana and look forward to putting LUX* Xinii Mababe on the map as an ultra-luxury safari and wellness destination. Designed with sustainability in mind and expected to open in Q1 2027, this futuristic project will draw in travellers from all over the world to this alluring location. We believe luxury and environmental stewardship must coexist for every resort we open and focus is on creating positive impact while delivering luxurious hospitality and meaningful experiences with a sense of place,” comments Olivier Chavy, Chief Executive Officer of The Lux Collective.

The Lux Collective’s global openings in 2025 and beyond mark a new exciting chapter in the luxury hospitality space, building upon its renowned brands’ goals to provide the modern travellers with authentic experiences in awe-inspiring destinations.

For hi-res photos, please click here.

The Lux Collective
The Lux Collective

Xinhua Silk Road: China’s Lijiang ideal destination for sojourn tourism

BEIJING, Jan. 20, 2025 /PRNewswire/ — Lijiang City, located in southwest China’s Yunnan Province, is renowned for its rich cultural heritage and breathtaking landscapes. Over the years, it has emerged as a sought-after destination for sojourn tourism, offering tourists an opportunity to deeply engage with local life and traditions.

Thanks to the local government’s rural revitalization initiative, Puji Village, a traditional ethnic settlement in Lijiang famous for its charming stone streets, picturesque courtyards, and unique cafes, has developed homestays, agritourism, and stargazing tours, drawing new residents from cities like Shanghai, Beijing, and beyond.

These “new villagers” actively engage in local activities, from farming to cultural practices like the Dongba blessing and Naxi music performances. In addition, Puji Village regularly hosts unique festivals, offering “new villagers” a chance to celebrate with local residents and experience the joy of the festivities.

For those seeking artistic inspiration, the Sunshine 100 Snow Mountain Art Village provides an ideal retreat. With over 10,000 square meters of public cultural space, the art village provides artists with a vast platform to nurture creativity and foster collaboration.

By blending stunning natural landscapes with profound cultural traditions, Lijiang has firmly established itself as an ideal destination for sojourn tourism, offering visitors a harmonious balance of relaxation and cultural enrichment.

Original link: https://en.imsilkroad.com/p/344015.html

WeBank Technology Services Embarks on Global Expansion, Bringing Expertise in FinTech to New Markets

HONG KONG, Jan. 20, 2025 /PRNewswire/ — On January 16, 2025, WeBank Technology Services (“the Company”) marked a key milestone in its global expansion with its inaugural ceremony in Hong Kong. The event was attended by senior representatives from WeBank and WeBank Technology Services, government officials from Shenzhen and Hong Kong, and international partners. During the ceremony, WeBank Technology Services signed several partnerships, underscoring its technological prowess and expanding global presence.

WeBank Technology Services Partnership Signing Ceremony
WeBank Technology Services Partnership Signing Ceremony

Among the agreements signed were partnerships with Mega Corp from Indonesia, SCBX from Thailand, Hong Leong Bank from Malaysia, and Fusion Bank from Hong Kong SAR. These agreements, focused on digital banking infrastructure and digital transformation, represent a key step in WeBank Technology Services’ international collaboration efforts and highlight its technical strengths and global influence, offering innovative solutions to clients worldwide.

The launch of WeBank Technology Services is a significant part of WeBank’s strategy to seize global opportunities in digital development. From its Openhive-based core banking system to multiple international recognitions, WeBank has become a leader in the financial technology sector. This solid foundation positions WeBank Technology Services to serve partners worldwide from Hong Kong. The Company’s global expansion enhances WeBank’s leadership in financial technology.

“WeBank Technology Services, supported by Hong Kong’s open business environment, aims to become a hub for technology services delivery, innovation, and sales while remaining committed to advancing the development of the Greater Bay Area,” said Li Nanqing, President of WeBank and Chairman of WeBank Technology Services. “We are also collaborating with local financial partners by offering reliable digital solutions, which supports Chinese companies aiming for international markets and upgrading services and technology.”

As a subsidiary of Shenzhen-based WeBank, WeBank Technology Services is positioned in Hong Kong as the Company’s technology headquarters. This strategic location fosters financial collaboration between Shenzhen and Hong Kong, facilitating financial development and high-quality connectivity in the Greater Bay Area.

A Strong Commitment to Cross-Boundary Collaboration

WeBank Technology Services is already playing a key role in cross-boundary collaborations, contributing to projects like the Shenzhen-Hong Kong Cross-Boundary Data Validation Platform. This platform enables secure, efficient digital solutions for sectors such as finance, education, and healthcare, driving digital transformation across the Greater Bay Area.

For example, the Company worked with a local university to enhance information exchange and compliance verification in education, improving the efficiency of academic cooperation. Additionally, WeBank Technology Services contributed blockchain technology to the Hong Kong Monetary Authority’s Ensemble project, driving innovation in Hong Kong’s tokenized markets.

The Company has also demonstrated its technological capabilities through strategic partnerships with local financial institutions in Hong Kong. One example is its collaboration with Fusion Bank to integrate and upgrade the latter’s core banking systems across five key business areas, including retail deposits, retail loans, corporate deposits, corporate loans and foreign exchange services, leveraging its proprietary Openhive digital banking technology. This significantly reduced Fusion Bank’s IT operating costs while enhancing its digital service capabilities, establishing a benchmark for fintech collaboration in Hong Kong.

Expanding into Global Markets with Strategic Partnerships

With expertise in digital finance, infrastructure solutions, and AI-native technology, WeBank Technology Services is now setting its sights on expanding its fintech innovation globally.

From its base in Hong Kong, WeBank Technology Services has rapidly built an expanding network of international partners, with over 20 enterprises and institutions across regions such as Southeast Asia, Saudi Arabia, and Hong Kong. Notably, the Company has leveraged its proprietary technologies to accelerate digital transformation in Southeast Asia.

In Indonesia, WeBank Technology Services developed a next-generation core banking system for Allo Bank, enhancing its operational flexibility and resilience. By incorporating AI, big data, and cloud computing, the collaboration optimized Allo Bank’s digital services, improving efficiency and reducing costs, while also broadening financial coverage.

Supporting the Overseas Expansion of Chinese Enterprises

In addition to collaborating with international businesses and institutions, WeBank Technology Services also seeks to support the overseas development of Chinese companies. WeBank Technology Services’ proprietary technology systems provide the flexibility and efficiency necessary for industries to thrive in the digital era. The relevant solutions are especially critical as global competition intensifies and economies recover, benefiting industries and businesses around the world.

For instance, as Chinese companies expand into global markets, they often encounter challenges in accessing reliable and efficient local financial services. By partnering with WeBank Technology Services, which offers robust technological capabilities and digital solutions, local financial institutions can better meet the needs of Chinese enterprises operating abroad. This collaboration will further help local institutions address challenges in supply chain finance for enterprises engaged with Chinese companies.

Moving Forward

WeBank Technology Services strives to make Hong Kong a global gateway for its digital infrastructure and international expansion. The Company will continue to play a pivotal role in the development of the Greater Bay Area, driving regional economic growth, and will also work to expand its global reach, forging new partnerships with financial institutions worldwide to provide premium digital services to clients globally.

Leveraging its expertise in digital finance, AI, big data, and blockchain, WeBank Technology Services is committed to leading the digital transformation of the global financial system, delivering safer, smarter, and more efficient services, and fueling the growth of the global digital economy.

About WeBank Technology Services

Launched in Hong Kong in June 2024, WeBank Technology Services sets out to leverage WeBank’s cutting-edge fintech capabilities and digital finance best practice to deliver a variety of superior digital finance and digital infrastructure solutions to digital banks, financial institutions, government agencies, and industry partners worldwide.

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. WeBank ranked No. 1 in The Asian Banker’s Global Top 100 Digital Banks in 2022 and 2023. By June 2024, WeBank has served over 400 million retail customers and 5 million MSMEs.

WeBank focuses on innovation and technology. WeBank has maintained its proportion of technical personnel above 50% since its establishment, while its research and development expenses have accounted for around 10% of its revenue. WeBank is now at the top of the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing and big data. WeBank leads the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing, and big data.

CHINT Launches its First ESG Strategy to Help Global Business Achieve Sustainable Transformation

SHANGHAI, Jan. 20, 2025 /PRNewswire/ — This month, CHINT, a global leader in smart energy, unveiled its 2030 sustainable development strategy, making a milestone in its commitment to a greener future. The launch was witnessed by thousands of supply chain partners and led by five Chief Sustainability Officers (CSOs) from CHINT‘s key subsidiaries.

CHINT Launches its First ESG Strategy
CHINT Launches its First ESG Strategy

At the heart of the strategy lies CHINT’s newly introduced “EMPOWER” Sustainable Development Model, which guides eight key actions:

1. Addressing Climate Change
2. Clean Technology Opportunities
3. Promoting Circular Economy
4. Sustainable Product Management
5. Human Capital Development
6. Sustainable Supply Chain Management
7. Corporate Governance
8. Business Ethics

CHINT has also articulated its ESG vision, “Committed to becoming a global leader in smart and green energy solutions,” and its ESG mission, “Leading the green transformation of energy, making electric power safer, greener, more convenient and efficient.” By fostering cross-departmental collaboration and engaging external partners, CHINT is ensuring the effective execution of its ESG initiatives, strengthening its long-term value, and amplifying its positive social impact.

“Facing with the pressing challenges of climate change, sustainable development is no longer a choice but an imperative,” Nan Cunhui said, Chairman of CHINT Group. “We are committed to becoming an ‘explorer, advocate and practitioner’ of green and low-carbon development, and fully integrating sustainable development into its business, collaborating with global partners to embed ESG into corporate strategies, foster a sustainable development ecosystem, drive energy transformation, and collectively turn aspirations for a sustainable future into reality.

As a leading enterprise with in-depth layout in the global electric power and new energy market, CHINT has embedded ESG into its corporate strategy and operations. The company continues to pioneer ESG best practices, playing a key role in driving sustainable industry transformation and setting a benchmark for responsible business leadership.

ISCA Commits $6 Million to Launch Polytechnic Pathway Programme to Support Polytechnic Graduates in Becoming Chartered Accountants of Singapore; Builds on Full Employment Rate for Diploma Holders who completed SCAQ


SINGAPORE – Media OutReach Newswire – 20 January 2025 – The Institute of Singapore Chartered Accountants (ISCA) will be setting aside up to $6 million in associated costs and subsidies to launch the Polytechnic Pathway Programme (PPP), specially curated for all local polytechnic graduates who embark on the Singapore Chartered Accountant Qualification (SCAQ) programme after completing their diplomas. The newly-minted programme is in line with recommendations by the Accountancy Workforce Review Committee, announced in May 2023, to ensure a sustainable pipeline of high-quality accountancy talent.

Under the PPP, polytechnic graduates from full-time Pre-Employment Training Diplomas who sign up for the SCAQ Foundation Programme (FP) will receive a sponsorship of SCAQ-related fees and learning support from ISCA for a period of two years after graduation. The PPP will also allow polytechnic students to enrol as ISCA student members and gain access to SCAQ learning resources. Students from all local polytechnics in Singapore are eligible for the programme regardless of the diploma they hold, and ISCA aims to attract students across various non-accountancy disciplines, such as business, information technology, and even design and media.

This initiative builds on the success of ISCA’s Accelerated Pathway Programme (APP), which was launched in April 2024 to offer university students studying accountancy a dedicated route to becoming a Chartered Accountant of Singapore. Since the expansion of the SCAQ in November 2023 to include non-accountancy diploma holders, ISCA has seen a twofold increase in the number of polytechnic graduates enrolling for the SCAQ, including graduates who held non-accountancy diplomas. Presently, ISCA has over 110 polytechnic graduates currently enrolled in the SCAQ FP, which comprises around 11% of the total SCAQ FP candidature pool. This number is projected to increase, especially with the launch of the PPP and other student outreach efforts that ISCA will scale up over the next few years.

In addition, ISCA will be establishing Campus Enterprise Hubs across six polytechnics and universities by end-January 2025. These hubs are dedicated spaces which aim to provide an avenue for students to engage with ISCA and ISCA’s wide network of Accredited Training Organisations and Professional Accountancy Hub member organisations[1], collectively bringing together over 520 employers and 3.6 million members to connect with students. ISCA will also facilitate engagement sessions between students and employers, with the objective of cultivating a strong pool of talent for employers to tap on, and conversely helping students pursue internship and job opportunities. Earlier today, Member of Parliament and Chair of the Government Parliamentary Committee (GPC) for Finance, Trade and Industry Mr Liang Eng Hwa and ISCA President Mr Teo Ser Luck opened ISCA’s first Campus Enterprise Hub in Ngee Ann Polytechnic (NP).

ISCA President, Mr Teo Ser Luck, said: “All our diploma holders who completed the SCAQ are fully employed. This speaks volumes for both the SCAQ and the value of polytechnic education in Singapore. We are pleased to expand our SCAQ support to polytechnic graduates on their journey to become a Chartered Accountant and cultivate accountancy as a study of choice here in Singapore.”

Mr Lim Kok Kiang, Principal & CEO of Ngee Ann Polytechnic, said: “We are pleased to welcome the launch of ISCA’s Polytechnic Pathway Programme and the opening of ISCA’s Campus Enterprise Hub in NP. Besides enhancing the education and career opportunities for polytechnic students in the accountancy field, these initiatives will encourage more students trained in different fields to explore a career in this sector.”


[1] ISCA’s Professional Accountancy Hub consists of 23 organisations from a wide variety of fields, such as the Singapore Business Federation, Singapore Computer Society, and the Singapore Chinese Chamber of Commerce & Industry (SCCCI).

Hashtag: #ISCA #Accountancy #DifferenceMakers #PolytechnicPathwayProgramme

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

About the Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 38,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries.

Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.

ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation.

ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.

For more information, visit .