KUALA LUMPUR, April 9 (Bernama) -- RegASK has partnered with Veeva Systems to integrate its agentic artificial intelligence (AI) capabilities with Veeva’s Regulatory Information Management (RIM) system, enabling life sciences organisations to connect near-real-time regulatory insights with core compliance workflows.
Through the collaboration, organisations can translate regulatory changes into structured assessments, prioritised actions and documented compliance decisions within existing systems of record.
According to a statement, the integration combines Veeva’s unified regulatory platform with RegASK’s AI-driven intelligence layer to enhance decision-making and operational efficiency.
“Through our partnership with Veeva, joint customers gain RegASK’s intelligence and predictive layer to help stay ahead of regulatory change.
“Through our integration with Veeva RIM, teams can connect that intelligence directly to their compliance workflows, enabling faster and more confident regulatory decisions,” said RegASK Founder and Chief Executive Officer, Caroline Shleifer.
RegASK’s platform continuously monitors regulatory developments across more than 160 markets, leveraging large language models and a global network of subject matter experts to convert updates into actionable compliance steps.
The solution is built to enterprise-grade security standards, with multiple certifications, including ISO/IEC 42001 for AI management systems.
The partnership reflects a broader shift in the life sciences sector, where regulatory intelligence is becoming a strategic capability. By embedding AI-driven insights into compliance systems, RegASK and Veeva aim to help organisations respond more proactively to global regulatory changes and accelerate time to market.
-- BERNAMA
Thursday, 9 April 2026
Wednesday, 8 April 2026
MEIJI PHARMA ASIA BEGINS OPERATIONS IN SINGAPORE TO STRENGTHEN ASEAN PRESENCE
KUALA LUMPUR, April 8 (Bernama) -- Meiji Seika Pharma Co Ltd has announced that its subsidiary, Meiji Pharma Asia Pte Ltd, commenced operations in Singapore on April 1, marking a strategic move to strengthen its presence in the ASEAN region.
In a statement, the company said the Singapore-based subsidiary will support the commercialisation, marketing and distribution of pharmaceuticals, including vaccines, across the region.
Meiji Seika Pharma aims to become “a leading company in Asia in the field of infectious diseases” under its “Meiji Group 2026 Vision”, leveraging nearly half a century of experience in manufacturing and marketing pharmaceuticals in Thailand and Indonesia.
Singapore will serve as a regional hub for the company’s business and commercial strategies, aimed at enhancing its influence and accelerating growth across ASEAN markets.
Established on Dec 10, 2025, Meiji Pharma Asia will focus on pharmaceuticals for infectious diseases, haematologic cancers and lifestyle-related diseases, with the aim of ensuring reliable supply and contributing to public health in the region.
-- BERNAMA
In a statement, the company said the Singapore-based subsidiary will support the commercialisation, marketing and distribution of pharmaceuticals, including vaccines, across the region.
Meiji Seika Pharma aims to become “a leading company in Asia in the field of infectious diseases” under its “Meiji Group 2026 Vision”, leveraging nearly half a century of experience in manufacturing and marketing pharmaceuticals in Thailand and Indonesia.
Singapore will serve as a regional hub for the company’s business and commercial strategies, aimed at enhancing its influence and accelerating growth across ASEAN markets.
Established on Dec 10, 2025, Meiji Pharma Asia will focus on pharmaceuticals for infectious diseases, haematologic cancers and lifestyle-related diseases, with the aim of ensuring reliable supply and contributing to public health in the region.
-- BERNAMA
SAUDI FUND FOR DEVELOPMENT INKS US$15 MLN LOAN AGREEMENT WITH PALAU
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| Saudi Fund for Development Signs USD 15 Million Agreement with the Republic of Palau to Drive Local Economic Growth (Photo: AETOSWire) |
KUALA LUMPUR, April 8 (Bernama) -- The Saudi Fund for Development (SFD) has signed a US$15 million development loan agreement with the Republic of Palau, marking its inaugural development partnership in the Pacific island nation. (US$1=RM3.99)
The agreement was signed by SFD Chief Executive Officer, Sultan Abdulrahman Al-Marshad and Republic of Palau President, Surangel S. Whipps Jr during a ceremony in Palau’s capital, Ngerulmud.
The loan will be channelled through the National Development Bank of Palau to support local economic development, including projects led by businesses and entrepreneurs.
“We are proud to launch our first collaboration with the Republic of Palau. By expanding access to vital funding, we aim to uplift local entrepreneurs and help secure a resilient future for the Palauan people.
“This agreement embodies our broader mission to foster prosperity across island nations,” said Sultan Abdulrahman.
Meanwhile, Whipps Jr said the agreement will help strengthen the Palauan economy by enabling local players to drive projects that create jobs and attract investment.
He added that prioritising affordable, climate-resilient housing would help build stronger communities and support long-term economic resilience.
According to SFD in a statement, the financing aligns with Palau’s national priorities and is expected to support high-impact initiatives and sustainable grassroots economic growth.
The agreement reflects SFD’s continued commitment to Small Island Developing States, having supported development projects in 18 island nations across the Caribbean and Pacific regions, contributing to economic resilience, improved access to essential services and sustainable development.
-- BERNAMA
Friday, 3 April 2026
AM BEST AFFIRMS CMB WING LUNG INSURANCE RATINGS WITH STABLE OUTLOOK
KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.
In a statement, AM Best said the credit ratings (ratings) reflect CMBWLI’s very strong balance sheet strength, strong operating performance, neutral business profile, and appropriate enterprise risk management.
The company’s balance sheet strength is underpinned by its robust risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio. Capital and surplus recorded mid- to high-single-digit growth in 2024 and 2025, benefiting from partial retention of its sustained and stable operating profits.
CMBWLI maintains a prudent investment strategy, enhancing bond portfolio quality while keeping cash and cash equivalents as its largest asset class. Additional supporting factors include its strong regulatory solvency position, positive liquidity, and comprehensive reinsurance programme with moderate dependency.
Its operating performance remains strong, with high-single-digit average returns on equity over the past five years (2021 to 2025). Despite a slight decline of topline in 2025 due to competitive market conditions, the company maintained a net/net combined ratio consistently below 90 per cent, outperforming the broader market.
CMBWLI’s investment performance also improved, supported by stable interest and dividend income, fair value gains on listed securities, and recovery of impairment loss.
As a medium-sized non-life insurer in Hong Kong, CMBWLI is one of the major market players in the employees’ compensation segment, with a diversified portfolio spanning motor and property damage lines.
Backed by China Merchants Group Limited, the company expects further growth in marine insurance and is exploring opportunities in inward property damage business beyond Hong Kong.
-- BERNAMA
In a statement, AM Best said the credit ratings (ratings) reflect CMBWLI’s very strong balance sheet strength, strong operating performance, neutral business profile, and appropriate enterprise risk management.
The company’s balance sheet strength is underpinned by its robust risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio. Capital and surplus recorded mid- to high-single-digit growth in 2024 and 2025, benefiting from partial retention of its sustained and stable operating profits.
CMBWLI maintains a prudent investment strategy, enhancing bond portfolio quality while keeping cash and cash equivalents as its largest asset class. Additional supporting factors include its strong regulatory solvency position, positive liquidity, and comprehensive reinsurance programme with moderate dependency.
Its operating performance remains strong, with high-single-digit average returns on equity over the past five years (2021 to 2025). Despite a slight decline of topline in 2025 due to competitive market conditions, the company maintained a net/net combined ratio consistently below 90 per cent, outperforming the broader market.
CMBWLI’s investment performance also improved, supported by stable interest and dividend income, fair value gains on listed securities, and recovery of impairment loss.
As a medium-sized non-life insurer in Hong Kong, CMBWLI is one of the major market players in the employees’ compensation segment, with a diversified portfolio spanning motor and property damage lines.
Backed by China Merchants Group Limited, the company expects further growth in marine insurance and is exploring opportunities in inward property damage business beyond Hong Kong.
-- BERNAMA
Thursday, 2 April 2026
VISUAL BANK EXPANDS AI TRAINING DATA SOLUTION FOR JAPANESE SPEECH MODELS
KUALA LUMPUR, April 2 (Bernama) -- Visual Bank Inc, via its subsidiary amanaimages Inc, has announced the expansion of its Qlean Dataset, a premium artificial intelligence (AI) training data solution for developers building high-performance Japanese speech foundation models.
The expansion strengthens its position in providing rights-cleared datasets for research and development and large-scale AI applications.
“As demand for culturally contextualised foundation models grows, high-quality, legally compliant Japanese training data is becoming increasingly critical.
“Visual Bank is committed to bridging the gap between raw content and production-ready AI systems through rigorous data preparation and engineering,” said its chief executive officer, Saneyuki Nagai, in a statement.
The datasets are fully rights-cleared for commercial use and aligned with global compliance standards such as the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).
They include high-fidelity audio assets recorded at 48 kilohertz (kHz)/16-bit or higher, enabling capture of both studio-quality speech and diverse acoustic environments.
In addition, the datasets support detection of harmful language, including hate speech and abusive prompts, and include evaluation datasets aligned with international benchmarks such as MMSU to assess reasoning and linguistic nuance in Japanese.
The solution also incorporates Japan-specific audio, including traditional and urban sound environments, to support multimodal and spatial AI applications.
The datasets are available through AI Data Recipe, which offers both ready-to-use datasets and customised data production, including speaker casting, recording and annotation tailored to specific development needs.
-- BERNAMA
The expansion strengthens its position in providing rights-cleared datasets for research and development and large-scale AI applications.
“As demand for culturally contextualised foundation models grows, high-quality, legally compliant Japanese training data is becoming increasingly critical.
“Visual Bank is committed to bridging the gap between raw content and production-ready AI systems through rigorous data preparation and engineering,” said its chief executive officer, Saneyuki Nagai, in a statement.
The datasets are fully rights-cleared for commercial use and aligned with global compliance standards such as the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).
They include high-fidelity audio assets recorded at 48 kilohertz (kHz)/16-bit or higher, enabling capture of both studio-quality speech and diverse acoustic environments.
In addition, the datasets support detection of harmful language, including hate speech and abusive prompts, and include evaluation datasets aligned with international benchmarks such as MMSU to assess reasoning and linguistic nuance in Japanese.
The solution also incorporates Japan-specific audio, including traditional and urban sound environments, to support multimodal and spatial AI applications.
The datasets are available through AI Data Recipe, which offers both ready-to-use datasets and customised data production, including speaker casting, recording and annotation tailored to specific development needs.
-- BERNAMA
OMNI BRIDGEWAY NAMES PETER GALGAY TO DRIVE CAPITAL STRATEGY
KUALA LUMPUR, April 2 (Bernama) -- Omni Bridgeway, a global leader in litigation financing and risk management, has appointed Peter Galgay as Head of Commercial Strategy and Capital Solutions based in New York.
According to Omni Bridgeway in a statement, Galgay's primary focus will be on expanding the company’s capabilities in origination, underwriting, and management of large-scale structured finance and alternative investment solutions for legal assets.
Additionally, he is set to be a key player in supporting Omni Bridgeway’s global investor relations and capital formation initiatives.
“Peter brings a unique blend of investment leadership, capital markets expertise, and first‑hand experience in all aspects of legal finance.
“He knows Omni Bridgeway well, and his strategic insight, commercial drive and global perspective will be instrumental as we continue to expand our capital solutions offering for legal assets,” said its Managing Director and Chief Executive Officer, Raymond van Hulst.
Meanwhile, Galgay expressed his enthusiasm for the role, stating he is honoured to join Omni Bridgeway and is looking forward to collaborating with teams worldwide to advance the company's capital solution capabilities and support clients through scalable investment partnerships.
Prior to joining Omni Bridgeway, Galgay served for over a decade as Chief Investment Officer for a Singapore-based family office. Earlier in his professional life, Galgay worked as a Senior Analyst in Ernst & Young’s Fraud Investigation & Dispute Services practice and also held a position as an Equity Portfolio Manager at Deutsche Asset Management.
Galgay is a Chartered Financial Analyst (CFA) charterholder and holds a Master of Arts in International Business and a Bachelor of Science in Finance from the University of Florida, alongside a Master of Business Administration from INSEAD.
-- BERNAMA
According to Omni Bridgeway in a statement, Galgay's primary focus will be on expanding the company’s capabilities in origination, underwriting, and management of large-scale structured finance and alternative investment solutions for legal assets.
Additionally, he is set to be a key player in supporting Omni Bridgeway’s global investor relations and capital formation initiatives.
“Peter brings a unique blend of investment leadership, capital markets expertise, and first‑hand experience in all aspects of legal finance.
“He knows Omni Bridgeway well, and his strategic insight, commercial drive and global perspective will be instrumental as we continue to expand our capital solutions offering for legal assets,” said its Managing Director and Chief Executive Officer, Raymond van Hulst.
Meanwhile, Galgay expressed his enthusiasm for the role, stating he is honoured to join Omni Bridgeway and is looking forward to collaborating with teams worldwide to advance the company's capital solution capabilities and support clients through scalable investment partnerships.
Prior to joining Omni Bridgeway, Galgay served for over a decade as Chief Investment Officer for a Singapore-based family office. Earlier in his professional life, Galgay worked as a Senior Analyst in Ernst & Young’s Fraud Investigation & Dispute Services practice and also held a position as an Equity Portfolio Manager at Deutsche Asset Management.
Galgay is a Chartered Financial Analyst (CFA) charterholder and holds a Master of Arts in International Business and a Bachelor of Science in Finance from the University of Florida, alongside a Master of Business Administration from INSEAD.
-- BERNAMA
Persona AI Announces Brian Davis as Head of Global Manufacturing
Former Amazon Robotics Executive Steps in to Lead Global Production Strategy as Company Expands
HOUSTON, March 31 (Bernama-GLOBE NEWSWIRE) -- Persona AI, an emerging leader in embodied AI, today announced the appointment of Brian Davis as Head of Global Manufacturing. This move signals Persona’s commitment to scaling commercial production, as the company is planning the manufacturing infrastructure to bring humanoid robots to markets in shipyards, steel mills, and energy infrastructure worldwide.
Mr. Davis is a seasoned operations executive with over 30 years of experience transitioning global operations for some of the biggest names in industry. Prior to his role as Head of Global Manufacturing at Persona, Davis previously guided operation teams at both Amazon Robotics and Dell Technologies (previously EMC). During his tenure at Amazon Robotics and Dell, both companies realized a 25x increase in manufacturing volumes within a four-year period, with Davis overseeing manufacturing, supply chain, logistics, quality, and real estate.
Davis steps into this role as industrial enterprises face an urgent and accelerating challenge: a structural shortage of capacity for welding, fabrication, and heavy maintenance in dynamic environments, precisely the high-value, high-risk tasks where humanoid robots can deliver the greatest impact. His appointment comes as Persona prepares to fulfill growing demand following agreements with both HD Hyundai and POSCO Group to advance humanoids in shipyards and steel manufacturing, as well as a pilot program with the State of Louisiana.
“Now is the perfect time to accelerate our production capabilities as we rapidly close the gap between what’s possible in the lab versus what’s driving real commercial value,” said Brian Davis, Head of Global Manufacturing, Persona AI. “Building industrial-rated humanoid robots and production-deployable AI is only one piece of the puzzle. Producing humanoids at scale will require systematic supply chain management, stringent quality control, and building the playbook for safe, high-volume manufacturing. That’s what I’m here to build.”
“We’re building Persona to deploy humanoids in some of the hardest industrial environments. Now we need someone who has taken robots from the prototype phase to volume production and built the manufacturing engine to sustain it,” said Nicolaus Radford, CEO and Co-Founder of Persona AI. “Brian’s proven track record of rapidly scaling production is exactly the experience this moment demands.”
About Persona AI:
Persona AI, Inc. a pioneering robotics company headquartered in Houston, Texas, is at the forefront of developing intelligent humanoid robots specifically designed for a wide array of industrial applications. Established in 2024, Persona AI leverages a rich heritage of expertise, drawing from decades of experience in crafting sophisticated robotics for demanding environments, including space and deep-ocean exploration. This unparalleled background enables the company to address real-world labor challenges with innovative and robust solutions.
Learn more at www.persona.ai
Media Contact:
Katherine Garcia
Dir. of Executive Affairs
Persona AI
pr@persona.ai | (713) 305-6158
Jonathan Reichel
Principal Marketing Architect
Persona AI
reichel@persona.ai | (409) 549-3892
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9dca5027-d2ee-4f9f-b5a0-6ecf1d9fc906
https://www.globenewswire.com/NewsRoom/AttachmentNg/3f3a0f82-2889-4996-b843-e9bd5b360cea
SOURCE: Persona AI
--BERNAMA
HOUSTON, March 31 (Bernama-GLOBE NEWSWIRE) -- Persona AI, an emerging leader in embodied AI, today announced the appointment of Brian Davis as Head of Global Manufacturing. This move signals Persona’s commitment to scaling commercial production, as the company is planning the manufacturing infrastructure to bring humanoid robots to markets in shipyards, steel mills, and energy infrastructure worldwide.
Mr. Davis is a seasoned operations executive with over 30 years of experience transitioning global operations for some of the biggest names in industry. Prior to his role as Head of Global Manufacturing at Persona, Davis previously guided operation teams at both Amazon Robotics and Dell Technologies (previously EMC). During his tenure at Amazon Robotics and Dell, both companies realized a 25x increase in manufacturing volumes within a four-year period, with Davis overseeing manufacturing, supply chain, logistics, quality, and real estate.
Davis steps into this role as industrial enterprises face an urgent and accelerating challenge: a structural shortage of capacity for welding, fabrication, and heavy maintenance in dynamic environments, precisely the high-value, high-risk tasks where humanoid robots can deliver the greatest impact. His appointment comes as Persona prepares to fulfill growing demand following agreements with both HD Hyundai and POSCO Group to advance humanoids in shipyards and steel manufacturing, as well as a pilot program with the State of Louisiana.
“Now is the perfect time to accelerate our production capabilities as we rapidly close the gap between what’s possible in the lab versus what’s driving real commercial value,” said Brian Davis, Head of Global Manufacturing, Persona AI. “Building industrial-rated humanoid robots and production-deployable AI is only one piece of the puzzle. Producing humanoids at scale will require systematic supply chain management, stringent quality control, and building the playbook for safe, high-volume manufacturing. That’s what I’m here to build.”
“We’re building Persona to deploy humanoids in some of the hardest industrial environments. Now we need someone who has taken robots from the prototype phase to volume production and built the manufacturing engine to sustain it,” said Nicolaus Radford, CEO and Co-Founder of Persona AI. “Brian’s proven track record of rapidly scaling production is exactly the experience this moment demands.”
About Persona AI:
Persona AI, Inc. a pioneering robotics company headquartered in Houston, Texas, is at the forefront of developing intelligent humanoid robots specifically designed for a wide array of industrial applications. Established in 2024, Persona AI leverages a rich heritage of expertise, drawing from decades of experience in crafting sophisticated robotics for demanding environments, including space and deep-ocean exploration. This unparalleled background enables the company to address real-world labor challenges with innovative and robust solutions.
Learn more at www.persona.ai
Media Contact:
Katherine Garcia
Dir. of Executive Affairs
Persona AI
pr@persona.ai | (713) 305-6158
Jonathan Reichel
Principal Marketing Architect
Persona AI
reichel@persona.ai | (409) 549-3892
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9dca5027-d2ee-4f9f-b5a0-6ecf1d9fc906
https://www.globenewswire.com/NewsRoom/AttachmentNg/3f3a0f82-2889-4996-b843-e9bd5b360cea
SOURCE: Persona AI
--BERNAMA
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