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SNP expands partnership with SAP

  • Long-standing partnership as strong foundation for extended collaboration
  • Expanded cooperation in global RISE with SAP transformation projects
  • Joint initiative to develop data migration and conversion scenarios for public cloud solutions

HEIDELBERG, GERMANY – Newsaktuell – 6 January 2025 – SNP SE, a leading software provider for digital transformation, automated data migration, and data management in SAP environments, is expanding its long-standing partnership with SAP, the global leader in enterprise applications and Business AI. SNP is a founding member of SAP’s Selective Data Transition Engagement community and a customer for RISE with SAP for many years. In addition, SNP is one of SAP’s leading services partners in the area of Cloud Application Lifecycle Management. Now, both companies are strengthening their partnership in the field of transformations to RISE with SAP and are exploring the potential collaboration in the space of data management in SAP S/4HANA Public Cloud.

Based on a successful track record with joint customers like BMW, Pfizer, E.ON or TE Connectivity, SNP is now intensifying its collaboration with SAP to accelerate the move of customers to RISE with SAP in a fast, compliant and efficient way with minimum risks and near-zero downtime. With SNP’s Bluefield methodology, companies can get the benefits of a transformative process redesign while retaining historical data aligned to a new business reality.

In addition, SNP is also expanding its collaboration with SAP in the Public Cloud space, leveraging the strengths of both companies to develop data migration and conversion scenarios within SAP’s public cloud offerings for a global customer base.

Stefan Steinle, Executive Vice President, Global Head of Customer Support & Cloud Lifecycle Management at SAP, says: “Data migration is a critical element in all cloud transformations, and our partners play a key role here. With its Bluefield methodology, SNP is a long-standing partner with a strong track record in SAP S/4HANA Cloud and RISE with SAP projects. We are now strengthening the collaboration with a clear focus on customer success and aligning on future migration solutions for the Public Cloud. We are looking forward to expanding our partnership with SNP to drive the adoption of Cloud and Business AI.”

Jens Amail, CEO at SNP, adds: “We are very thankful for the trust our clients and partners put in us. SAP and SNP share objectives and successfully collaborate in many customer transformation projects globally. With our new software platform SNP Kyano, we are now also migrating data from 3rd-party sources to SAP, and we are investing in the next generation of Bluefield for the Public Cloud. So now is the perfect time to double down on our collaboration with SAP, focusing on winning together with our customers and our joint ecosystem.”

Hashtag: #SNP

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

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.

The company works around the world with more than 3,000 customers of all sizes and in all industries, including 20 of the DAX 40 and more than 100 of the Fortune 500. The SNP Group has more than 1,500 employees worldwide at over 35 locations in 20 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 203.4 million in the 2023 fiscal year.

More information is available at

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

FLAIR Debuts CES 2025 Showcasing Cutting-Edge Industrial AI Solutions and Hong Kong’s Innovation Prowess


HONG KONG SAR – Media OutReach Newswire – 6 January 2025 – The Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR), specialising in AI and robotics application R&D, will make its debut at CES 2025 in Las Vegas, USA, from 7 to 10 January.

FLAIR Debuts CES 2025 Showcasing Cutting-Edge Industrial AI Solutions and Hong Kong's Innovation Prowess

CES 2025: A Hub for Global Tech Innovation

CES, the world’s most influential technology event, connects global brands, industry leaders, and innovators to explore the future of technology. The theme for CES 2025 is “CONNECT | SOLVE | DISCOVER – DIVE IN” and compared to the 2024 focus on AI, this year’s event will explore AI technologies in a more accessible and understandable way.

CES provides a platform for global brands to forge partnerships, industry leaders to unveil groundbreaking innovations, and the brightest minds to collaborate on solutions for global challenges. With over 300 Fortune 500 companies representing over 160 countries, territories, and regions, CES unites the brightest tech luminaries to pioneer the future.

FLAIR’s Strategic Presence at CES: A Leap Forward for Industrial AI
FLAIR’s participation at CES underscores its commitment to advancing Industrial AI on a global scale. Recognising CES as a pivotal platform for showcasing market-ready solutions, FLAIR will demonstrate its practical approach to addressing real-world industrial challenges. This overseas exhibition marks a significant milestone in FLAIR’s international expansion strategy, highlighting its global ambitions and commitment to bringing its expertise to a wider audience.

Along with its five spin-off companies, FLAIR will present platform solutions addressing key industry needs in visual inspection, industrial product creation, next-generation warehouse logistics, low-code robotics, and sustainable green technologies.

(Detailed information is provided in the appendix.)

FLAIR’s First Foray Outside Asia
Building on an established track record of developing market-ready AI solutions, FLAIR is expanding its global presence through a strong international R&D team and strategic participation in leading technology exhibitions. FLAIR’s debut at CES, its first major technology event outside of Asia, marks a pivotal step in this international expansion strategy, signifying the company’s global ambitions and commitment to bringing cutting-edge industrial AI solutions to a wider audience.

“FLAIR’s debut at CES 2025 marks a pivotal moment in our journey to revolutionise industries through the power of Industrial AI,” said Dr-Ing Benny DRESCHER, Chief Technology Officer of FLAIR. “We are not just showcasing cutting-edge technologies; we are presenting practical solutions to address critical challenges facing businesses today, such as improving production efficiency, optimising supply chains, and driving sustainable development. FLAIR has developed numerous technology solutions ready for commercial deployment and is prepared to collaborate with global partners to empower real-world industrial applications.”

FLAIR has garnered widespread recognition for its innovative technologies, receiving numerous prestigious awards and patents. These accolades include the Hong Kong ICT Awards 2024 Gold Award for ICT Startup (Hardware and Devices), the APEC INPUT2 Start-Up Award, the TechConnect Global Innovation Award, and a win at the APICTA Awards 2024, solidifying FLAIR’s position as a leader in industrial AI.

Visit FLAIR at CES 2025
To learn more about FLAIR and its groundbreaking Industrial AI solutions, visit us at booth 63001-03 (under “AI and Data” in the Hong Kong Pavilion) from 7 – 10 January.

Book your personalised tour of the Hong Kong Tech Pavilion now: CLICK HERE

Event Details of “CES 2025 – FLAIR’s Booth”
Date: 7 January (Tue) to 10 January (Fri) 2025
Time:
  • 7 January (Tue): 10:00am – 6:00pm
  • 8 – 9 January (Wed – Thu): 9:00am – 6:00pm
  • 10 January (Fri): 9:00am – 4:00pm
Venue: Las Vegas Convention Center

3150 Paradise Rd Las Vegas, NV 89109

FLAIR Booth No.: EUREKA PARK – Booth #63001-03, Level 1, Hall G, Venetian Expo
Language: English
FLAIR’s Representative: Dr-Ing. Benny DRESCHER, Chief Technology Officer of FLAIR
Public Registration: https://hkstp.wufoo.com/forms/wtlsy301fqd4ah/

Appendix – Highlights of FLAIR’s Five Platforms:
(For Full Introduction, please CLICK HERE)
Vision Inspection Platform: A one-stop, no-code online platform for building AI vision inspection models, drastically reducing inspection costs and improving product quality across manufacturing, logistics, and other industries.
Product Creation Platform: Automates assembly sequence planning, shortening product development cycles, reducing design iterations, and improving assembly efficiency for faster response to market needs.
Logistics Platform: One of the first tools on the market to offer real-time bottleneck analysis. AI-powered insights and decision support improve logistics planning and operations efficiency, reducing operating costs.
Robotics Platform: Exclusive features to provide a holistic approach and cyber-physical experience. Simplifies robot system development and deployment, and reduces development time and cost, making robotics accessible to more businesses to enhance automation.
Sustainability Platform: Optimises waste management with AI-powered solutions such as intelligent waste sorting system (“ULTRASORT”). Improves recycling efficiency, reduces pollution, and integrates with industrial control systems (SCADA) to optimise production processes and reduce energy consumption, driving towards sustainable development.

Hashtag: #FLAIR




www.youtube.com/@flair1551

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

About Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR)

Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR) is committed to being the pioneer of applied R&D and applications of AI and robotics technologies in Hong Kong and addressing major R&D problems encountered by the industries in relevant adoption. As the sole founder of FLAIR, Hong Kong Productivity Council joins forces with RWTH Aachen Campus from Germany as the major collaborator. With headquarters in Hong Kong Science Park, FLAIR has R&D presence in Germany, Hong Kong and Shenzhen. By focusing on AI and robotics technologies, FLAIR aims at supporting Hong Kong in developing into an international I&T hub. FLAIR is part of AIR@InnoHK, which is one of the two world-class research clusters being established by InnoHK Clusters of the HKSAR Government, to focus on AI and robotics technologies and support Hong Kong in developing into an international innovation and technology hub.

Laos Ends Visa Special Exemption Policy After Visit Laos Year 2024

Laos Ends Visa Special Exemption Policy After Visit Laos Year 2024

Laos has officially ended its visa exemption and extended stay policy for several countries, which were specifically introduced during Visit Laos Year 2024. Starting 1 January, tourists will need to follow standard visa regulations. 

HDBank successfully issues $118m in green bonds for eco-friendly projects


HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 6 January 2025 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has issued VND3 trillion (US$118 million) in green bonds, becoming Viet Nam’s first private bank to do so.

Customers conduct transactions at an HDBank branch in HCM City. The private lender has issued VND3 trillion (US$118 million) in green bonds to fund eco-friendly projects and promote green economy. — Photo courtesy of HDBank
Customers conduct transactions at an HDBank branch in HCM City. The private lender has issued VND3 trillion (US$118 million) in green bonds to fund eco-friendly projects and promote green economy. — Photo courtesy of HDBank

The green bonds aim to finance environmentally sustainable projects and promote green economic development with maturities of two, three, and five years, aligning with International Capital Market Association (ICMA) and Loan Market Association (LMA) compliance standards.

The green bonds have attracted considerable interest from prominent institutional investors, achieving full order volume within a remarkably short timeframe.

The capital raised from these green bonds will be allocated to projects that align with the criteria outlined in HDBank’s “Sustainable Finance Framework,” with the aim of contributing to environmental protection and advancing green economic development.

Prior to the issuance, HDBank was already among the first banks in Viet Nam to announce a “Sustainable Finance Framework” in accordance with the standards of ICMA and LMA.

Developed with help from the IFC, a member of the World Bank (WB), this framework received a “very good” rating from Moody’s.

Phạm Quoc Thanh, CEO of HDBank, said, “The launch of the Sustainable Finance Framework and green bonds demonstrates the bank’s commitment to sustainable development.

“This initiative promotes green growth and mobilizes long-term capital for projects that reduce CO2 emissions and support the government’s carbon neutrality goal by 2050.”

HDBank is also one of the first banks in Viet Nam to establish an environmental and social risk management system aimed at promoting green credit and sustainable finance.

For several years, the lender has received accolades from international institutions like IFC, ADB, DEG, and Proparco for its climate finance and gender equality initiatives.

The bank was also the first in Viet Nam to form an ESG (Environmental, Social, and Governance) Committee to oversee sustainable development.

In 2024, it published a report on Vietnamese sustainable development.

In 2024, it was recognised for the fifth consecutive year as one of the Top 20 in the Vietnam Sustainable Development Index (VNSI) by the Ho Chi Minh City Stock Exchange (HoSE).

Hashtag: #HDBank

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

Bupa Hong Kong Partners with Mannings to Launch Bupa x Mannings PharmaCare Programme

First insurance provider in Hong Kong to empower members with accessible pharmacy consultations for minor ailments


HONG KONG SAR – Media OutReach Newswire – 6 January 2025 – Bupa Hong Kong, the leading health insurance specialist, is proud to announce the launch of the Bupa x Mannings PharmaCare Programme (“PharmaCare Programme”) in partnership with Mannings, Hong Kong’s largest health and beauty chain. This initiative makes Bupa the first insurer in Hong Kong to offer members cashless consultations for minor ailments (please refer to the below) at over 60 Mannings pharmacy locations across the city.

From left: Carlos Fernando Chang, Operations & Customer Excellence Director, Bupa Hong Kong, Alex Liu, Managing Director, Mannings Hong Kong, Macau & China
From left: Carlos Fernando Chang, Operations & Customer Excellence Director, Bupa Hong Kong, Alex Liu, Managing Director, Mannings Hong Kong, Macau & China

The PharmaCare Programme provides Bupa members with a convenient alternative to clinic visits for general health concerns. Members can receive on-the-spot consultations from registered pharmacists at designated Mannings pharmacies by simply presenting their Bupa medical card and ID card. Pharmacists can give advice for managing minor ailments and dispense appropriate medications if needed. A pharmacists’ note can be provided upon request. All dispensed medications are covered under cashless services for eligible members, offering a quick and efficient solution for minor health needs.

“We are thrilled to partner with Mannings to offer our members accessible care and peace-of-mind through the PharmaCare Programme,” said Yuman Chan, General Manager of the Bupa Insurance Business in Hong Kong. “As the first insurance provider in Hong Kong to offer cashless pharmacy consultations, Bupa is dedicated to delivering exceptional healthcare experiences through innovative solutions while prioritising our customers’ needs. This initiative will empower over 150,000 Bupa members to manage their health by leveraging their insurance coverage, further reinforcing our commitment to helping people live longer, healthier, happier lives and making a better world.”

Alex Liu, Managing Director, Mannings Hong Kong, Macau & China noted, “As a community pharmacy, Mannings introduced the first-of-its-kind PharmaCare Programme to address the emerging healthcare needs in 2023.We aim to support our business partners and their members by providing convenient and efficient community healthcare services through our network of over 60 Mannings stores, all staffed by registered pharmacists and without the need for appointments. It is designed to ensure members to receive timely treatment and more recovery time.

We are excited to collaborate with Bupa on the PharmaCare Programme which is a pioneer initiative in Hong Kong and hope to raise the awareness about employee wellbeing. Together with the public, we aim to safeguard people’s health and create a win-win outcome.”

When covered by Bupa’s insurance policy, members can enjoy seamless access to consultations and medications. The PharmaCare Programme is designed to enhance healthcare accessibility for Bupa members, allowing them to promptly and effectively address common health concerns including:

  • Cold and flu
  • Allergies
  • Pain and aches
  • Gastrointestinal conditions
  • Minor skin conditions (Including Athlete’s foot, Eczema, minor burns, and skin allergies)

For more information about the Bupa x Mannings PharmaCare Programme or to locate a designated pharmacy near you, please visit myBupa customer service portal.

Hashtag: #BupaHK #Mannings #PharmaCareProgramme #保柏香港 #萬寧 #藥健保障計劃

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

Bupa – A health insurance specialist

Bupa is an international healthcare group dedicated to helping people live longer, healthier, happier lives and making a better world for over 70 years. We serve more than 38 million customers worldwide. With no shareholders, we reinvest our profits into enhancing healthcare for the benefit of current and future customers.

Bupa has been a health insurance specialist in Hong Kong since 1976, offering one-stop solutions across domestic and international health insurance, and healthcare services. Our comprehensive medical insurance schemes are tailored to meet individual needs, and we provide health solutions for companies of all sizes. We also have a team of registered nurses, health management professionals, and doctors who provide various expert healthcare support.

Our healthcare provision arm, Quality HealthCare Medical Services (QHMS), became part of Bupa in October 2013. QHMS offers Western Medicine, Traditional Chinese Medicine, Diagnostics & Imaging, Dental, Physiotherapy, Mental Health and Wellness services via a network of over 1,650 provider service points in Hong Kong.

For more information, visit .

About Mannings

Mannings is Hong Kong’s largest health and beauty products chain store with over 300 outlets and over 60 in-store pharmacies operating in Hong Kong and Macau, providing a wide range of quality health care, personal care, skin care and baby products to customers. Our team of community healthcare professionals are available at many of our stores, offering expert advice and free consultations from registered pharmacists, dieticians, beauty and health advisors. Mannings Plus has been awarded by the Hong Kong Retail Management Association (HKRMA) as “Quality Service Retailer of the Year – Personal Care Products Category” for 12 consecutive years (2011 to 2022). Mannings Baby was awarded the same recognition in 2023. Mannings has also been recognised as the “No.1 Most Preferred Brand” in online surveys conducted by global market research company Ipsos in Hong Kong for 3 consecutive years (2021 to 2023).

Thailand’s Luxury Real Estate Market Hits New Heights as Botanica Luxury Villas Unveils Portfolio Expansion


PHUKET, THAILAND – Media OutReach Newswire – 6 January 2025 – Amid booming demand in Thailand’s luxury real estate market, Phuket-based developer Botanica Luxury Villas has announced plans for significant portfolio expansion following record-breaking sales of THB1.2 billion in a single month in 2024. This comes as Phuket’s villa market reaches a historic THB160-170 billion, with villa launches surpassing condominium launches for the first time in 15 years. Demand continues to surge, particularly from Russian and European buyers seeking second homes and investment properties.

Botanica Luxury Villas
Botanica Luxury Villas

Botanica Luxury Villas has already extended its reach beyond Phuket, with successful developments in Krabi and Hua Hin. Both locations attract growing interest from European, Australian, and Chinese buyers seeking high-end vacation homes. These areas offer rental yields of 6-8% annually, reflecting Thailand’s growing position in the luxury real estate sector.

“The luxury villa market in Thailand, particularly in resort destinations, continues to show remarkable resilience and growth,” said Attasit Intarachooti, CEO of Botanica Luxury Phuket Co., Ltd. “Data from Colliers Thailand shows significant price appreciation in prime areas, with top villas in Kamala and Bang Tao reaching THB296.2 million and THB270 million, respectively.”

The company’s portfolio includes 27 projects across three major tourist destinations. Its 2025 pipeline features several mixed-use developments designed to elevate the region’s luxury offerings. A key highlight is “Botanica Grand Avenue,” a THB12-billion mega-project near Phuket’s Bang Tao Beach, which includes “HYTHE by Botanica,” the company’s first luxury condominium project, already securing 40% of pre-launch sales.

Additionally, a THB18-billion high-end condominium project is under development in Cherng Talay, just 500 meters from Bang Tao Beach. This landmark project will feature an art-inspired walking street and upscale retail spaces, positioning the area as a luxury lifestyle hub.

These expansions align with Thailand’s broader strategy to establish its resort destinations as global luxury hotspots. Recent data reveals the Phuket villa segment launched 1,285 new units across 65 projects in the first half of 2024 alone, valued at THB36 billion.

To support this growth, Botanica Luxury Villas has unveiled a new 1,885-square-meter headquarters, which will serve as a one-stop service center for international clients and investors. For a limited time, it is offering exclusive opportunities in its premium projects, available until January 31, 2025.

For more information: botanicaluxuryvilla.com
Hashtag: #BotanicaLuxuryVillas


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

Groom Killed at His Wedding, Suspect Arrested

Groom Killed at his Wedding
Murder at Wedding in Xayaboury.
 
A wedding celebration turned to tragedy on the evening of 5 January, when the groom was shot dead in Ton Tan village, Botean district.
 
According to the Botean district Police Command, the victim, 32-year-old Thongmai Sayalat, a teacher from Phonxay village, was fatally shot at around 7:40 pm.
The gunman, identified as 35-year-old Vilay Chanthavong, a resident of Ton Tan village, used a firearm modified from a bullet rifle.
 
The shooting occurred at the bride’s house, where authorities found Thongmai’s body with a bullet wound entering his left ear and exiting through the right ear. He was pronounced dead at the scene.
 
Vilay has been taken into custody as the prime suspect, but the motive behind the attack remains unclear. Investigations are ongoing as authorities work to determine the cause of the incident

Maybank’s Insurance Arm, Etiqa Insurance, Pioneers the Return of Takaful Offerings in Singapore

New Shariah-compliant investment-linked product addresses the needs of customers looking for values-based insurance solutions; further strengthening the Group’s Islamic Wealth Management offerings


SINGAPORE – Media OutReach Newswire – 6 January 2025 – Maybank’s insurance arm, Etiqa Insurance Singapore (Etiqa), today jointly announced the launch of Invest future, Singapore’s first Takaful offering in over a decade, with Maybank Singapore (Maybank) as its exclusive distributor.

Etiqa Insurance Singapore launches Invest future solution
Etiqa Insurance Singapore launches Invest future solution

Invest future is designed to cater to the growing demand for Islamic financial solutions in Singapore. This investment-linked plan (ILP) is designed to support sustainable wealth accumulation goals through Shariah-compliant investing, tailored for the growing demographic seeking ethical investment options while offering flexibility and protection.

Mr Alvin Lee, Maybank Singapore Country CEO said, “Values-based financial solutions such as Etiqa’s Takaful ILP, is an integral component of Islamic Wealth Management (IWM) offerings based on Shariah principles. Maybank, as the regional offshore IWM hub for Maybank Group in Singapore, is the first Bank here to provide end-to-end values-based financial solutions. And as the exclusive distributor of Etiqa’s Takaful offering – a first in Singapore, we are very pleased to mark another milestone in scaling our capabilities with a comprehensive suite of solutions aligned to the five IWM pillars for customers through their different life stages. This is our ongoing commitment to meet evolving customers’ needs while upholding their values and ethical considerations.”

“We are excited to lead the way in launching Takaful ILP as our inaugural Takaful product in Singapore, recognising that ethical investing is increasingly gaining traction among Singaporeans,” said Raymond Ong, CEO of Etiqa Insurance Singapore. “”Our Takaful ILP promotes Shariah values of mutual cooperation and purposeful investing. By introducing values-based insurance that targets all sectors of the community, we aim to provide ethically crafted, holistic life journey solutions that all customers can trust. We believe that by aligning our products with strong ethical principles, we can create lasting value for our customers and contribute positively to society.”

By extending its insurance solutions with this new product offering, Etiqa Insurance Singapore hopes to offer financial solutions that adhere to the principles of cooperation, fairness, and shared responsibility.

Committing to customers as a priority with values-based insurance

Etiqa Insurance Singapore’s launch of the new values-based insurance is part of the company’s ethos to make insurance accessible, keeping customers’ interests and needs as the core foundation of its product and service offerings.

Unlike traditional insurance plans, which focus solely on financial protection, values-based insurance encompasses a broader perspective of protection that covers the ethical, social and personal concerns of customers. This emerging product offering resonates with the diverse needs and aspirations of policyholders while managing risks, enabling individuals to connect more deeply with their values.

The benefits of values-based insurance include:

  • Risk Sharing: Policyholders of a values-based insurance product share the financial risks collectively, leading to a sense of community and shared responsibility among policyholders.
  • Purposeful: Values-based insurance plans are aimed at sustaining protection for a group of individuals, rather than maximising profit.
  • Transparency: Values-based insurance products offer a more transparent approach in terms of what the policy is invested in, how the funds are paid out, and underwriting profits, if any through stringent reviews by the Shariah advisors to ensure fairness to customers.

Maybank Singapore is the exclusive distributor of Etiqa’s Invest future solution in Singapore.

Note to Editors

About the five IWM pillars:

  • Wealth Creation: Creates wealth through Shariah-compliant banking, savings and financial products in line with Islamic principles. It seeks to achieve sustainable and ethical growth over time.
  • Wealth Accumulation: Generates and accumulates wealth through Shariah-compliant investment products, and is focused on values-based investing principles.
  • Wealth Preservation: Protects the accumulated wealth as aligned with Islamic principles through risk management and Takaful (Islamic insurance).
  • Wealth Purification: Purifies wealth through the concept of zakat. Zakat is the giving of alms to the less fortunate, and it is obligatory upon every Muslim who meets the requirements to pay zakat.
  • Wealth Distribution: Distributes wealth for future generations, which involves the transfer of wealth or assets through will writing (wasiat), endowment (wakaf) and gift (hibah).


Takaful

Takaful is based on Shariah or Islamic religious law where protection is offered on the Islamic concept of mutual help. Although Takaful must operate according to Islamic cooperative principles, it is not limited to the Muslim community, as anyone who upholds personal ethical and social principles can purchase a Takaful plan for protection needs and objectives.

Invest future
Invest future is Etiqa Insurance Singapore’s first Takaful values-based ILP, designed for those seeking ethical investing aligned with Shariah principles. It is a values-based insurance product designed to combine wealth accumulation with life protection, offering flexible investment options, access to Shariah-compliant funds, and enhanced returns through multiple bonuses. Invest future is certified Shariah compliant by the Financial Shariah Advisory and Consultancy (FSAC) of Singapore Islamic Scholars & Religious Teachers Association (Pergas).

Key benefits of Invest future include:

  • Investment bonuses, including start-up bonus up to 80% of first-year premiums, special bonus at 5% of regular premiums from the 6th policy year, and loyalty bonus at 0.2% of account value annually post premium payment term.
  • Access to Shariah-compliant funds with investments from as low as S$200 per month with access to reputable, Shariah-compliant regional and global funds.
  • Flexible plan options allow for two free partial withdrawals from the 4th policy year, plus options for premium adjustments, top-ups, premium-free periods, and free fund switching.
  • Comprehensive coverage includes death and total permanent disability benefits up to 105% of net premiums or account value.
  • Legacy and giving options enable policyholders to pledge benefits as a legacy gift to loved ones or *wakaf to charitable organisations (*wakaf is a voluntary charitable endowment from one’s personal belongings or wealth in the form of cash or property for pious and religious causes).
  • Guaranteed issuance policy, no health checks needed.
  • Option to add on rider for additional coverage subject to underwriting.

To learn more about Invest future, please visit: www.etiqa.com.sg/personal/investments/invest-future

Hashtag: #EtiqaSingapore

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

Maybank Singapore

Maybank is the fourth largest financial institution group in ASEAN by assets. It has been ranked the Best Bank in Asia Pacific and Singapore by The Banker in 2023; and the number one domestic bank in Malaysia for trade finance, according to the Euromoney Trade Finance survey in 2024.

Maybank Singapore is one of the Group’s largest overseas operations and a Qualifying Full Bank in Singapore. As at 31 December 2023, Maybank’s total assets in Singapore were approximately S$80.26 billion. With strategically located banking branches and over 2,000 employees in Singapore, Maybank is well-positioned to provide highly personalised services and locally-oriented solutions that will deliver more value to customers.

Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.

Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 16 countries and a heritage that spans over 190 years.