KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).
According to Best’s Market Segment Report, heightened regulatory oversight, successive rate revisions and tighter underwriting terms continue to improve fire insurance profitability, supporting the stable outlook.
The report stated that interest rate hikes are widely anticipated for the remainder of 2026, although the pace and magnitude remain uncertain amid a slowing economy and a depreciating Japanese yen.
AM Best senior financial analyst, Charles Chiang said a higher interest rate environment provides Japanese non-life insurers with improved reinvestment yields.
“However, the sustained depreciation of the Japanese yen has cut both ways for the non-life market, generating translation gains on overseas earnings while simultaneously driving up claims costs in the voluntary and fire lines,” he said in a statement.
The J-ICS, which became effective from the fiscal year ended March 31, 2026, is expected to enhance the transparency and global comparability of Japanese non-life insurers, strengthening their credibility in cross-border transactions and supporting capacity for international expansion over time.
The report also noted that major non-life insurers are likely to remain focused on reallocating capital towards overseas expansion to offset long-term structural headwinds from large natural catastrophe exposures and the limited growth prospects of the domestic market.
As investment performance has remained a vital contributor to the non-life segment’s overall profitability over the past 12 months, AM Best expects it to remain an important earnings tailwind.
The report added that lower-than-expected natural catastrophe insured losses over the past year have supported underwriting results across the segment.
-- BERNAMA
Tuesday, 23 June 2026
Friday, 19 June 2026
Defiance Launches SPCU, Delivering 2X Long Exposure to SpaceX in Its First Full Week of Trading
MIAMI, June 18 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long SpaceX ETF (Cboe: SPCU). SPCU begins trading today at 4am ET and seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of SpaceX Class A common stock (NASDAQ: SPCX).
SpaceX priced its initial public offering at $135 per share and began trading on the Nasdaq on Friday, June 12, under the ticker SPCX. At that price, the company was valued at approximately $1.77 trillion, which according to reports ranks as the largest U.S. IPO in history by debut market value.
SPCU is purpose-built for active traders seeking magnified, short-term exposure to SpaceX. The Fund obtains its exposure primarily through swap agreements and/or listed options contracts rather than by holding SpaceX shares directly, allowing traders to express a high-conviction, tactical view on SpaceX in a single exchange-listed ticker, without a margin account and without managing options positions.
SPCU joins the Defiance Daily 2X Space ETF (Cboe: SPCL), which established 2X daily leveraged exposure to SpaceX on SpaceX's IPO date. On that date, SPCL's leveraged exposure was tied exclusively to SpaceX, although the Fund will hold other investments in accordance with its investment strategy and prospectus disclosures. SPCU further expands Defiance's lineup of leveraged products linked to SpaceX.
For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcu or call 833.333.9383.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of Space Exploration Technologies Corp. (the “Underlying Security”) and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of SpaceX over the same period. It is possible that investors could lose their entire principal within a single trading day.
An investment in the Fund is not a direct investment in SpaceX.
About Defiance ETFs
Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.
Media Contact: Sylvia Jablonski | info@defianceetfs.com | 833.333.9383
IMPORTANT DISCLOSURES
Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).
The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.
Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to its net asset value (“NAV”). Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions and bid-ask spreads will reduce returns. A portfolio concentrated in a single theme or industry may be subject to a higher degree of risk. There is no guarantee the Fund’s strategy will be successful, and an investor may lose some or all of their investment.
Leveraged Investment Risk. The Fund seeks daily investment results that correspond to two times (2X) the performance of its underlying portfolio. The use of leverage magnifies both gains and losses. As a result, the Fund may experience significant losses over short periods of time, including the potential loss of the entire investment within a single trading day. If the Target Portfolio’s market value decreases by more than 50% on a given trading day, the Fund’s investors could lose all of their money. The Fund may also be subject to the following risks:
Daily Reset and Compounding Risk. The Fund is designed to achieve its stated investment objective on a daily basis. Due to the effects of compounding, the Fund’s returns over periods longer than one trading day will likely differ, and may differ significantly, from 200% of the performance of its underlying portfolio for the same period. This effect is more pronounced in volatile markets.
Short-Term Trading Risk. The Fund is intended for short-term trading and is not designed for long-term investment. Investors who hold shares for periods longer than a single trading day may experience returns that are substantially different from the Fund’s stated objective. The Fund requires active monitoring and management.
Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective, and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from two times (200%) the Target Portfolio’s performance, before fees and expenses. The Fund will lose money if the Target Portfolio’s performance is flat over time, and it is possible that the Fund will lose money even if the Target Portfolio’s market value increases over a period longer than a single day. Due to daily rebalancing and the effects of compounding, the volatility of the Target Portfolio may affect the Fund’s return as much as, or more than, the Target Portfolio’s actual return. The impact of compounding will affect each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of the Target Portfolio during that holding period.
Derivatives Risk. The Fund utilizes derivatives, including swap agreements and options contracts, to achieve its investment objective. Derivatives involve risks different from, and potentially greater than, those associated with direct investments in securities. These risks include increased volatility, imperfect correlation, liquidity constraints, valuation complexity, and the potential for losses exceeding the amount initially invested.
Counterparty Risk. The Fund is subject to counterparty risk through its use of derivatives. If a counterparty to a swap or other derivative instrument fails to meet its contractual obligations, the Fund may experience losses, delays in recovery, or reduced exposure.
Space Investing Risks. The Fund concentrates its exposure in companies involved in the space economy, including satellite communications, launch services, and space-enabled technologies. Companies involved in the design, manufacture, or launch of spacecraft, launch vehicles, or related systems face significant risks associated with launch failures, deployment malfunctions, mission delays, and cost overruns; space launches are inherently complex and costly, and failures may result in total loss of spacecraft or payloads, substantial financial losses, reputational harm, and increased regulatory scrutiny. Space-related businesses often rely on advanced, emerging, or unproven technologies and may be adversely affected by rapid technological change, engineering challenges, or competitors’ development of superior or lower-cost technologies. The space industry is subject to extensive domestic and international regulation, including licensing requirements, export controls, national security restrictions, environmental regulation, and orbital debris mitigation standards; changes in laws or regulatory interpretations may increase compliance costs, delay operations, or limit deployment of space-based systems. Many space-focused companies depend on governmental or quasi-governmental customers and contracts, and reductions in government budgets, policy changes, or contract terminations could materially affect revenues. Space-based operations are exposed to risks from orbital debris, collisions, congestion in Earth’s orbits, and space weather, any of which may damage satellites or spacecraft and result in service disruptions or complete mission failure. Many space-focused companies may have limited operating histories, depend on a narrow set of products or services, or rely on a small number of customers or missions. The Fund may have exposure to foreign issuers, including through ADRs, which can involve political instability, geopolitical tensions, trade restrictions, sanctions, and currency fluctuations that may disrupt supply chains or impair cross-border collaboration. When the Adviser determines there are insufficient Space Companies to meet the Fund’s investment criteria, the Fund may obtain exposure to secondary space technology companies that support or enable space-related activities, which may be less directly exposed to the growth of the space economy and may be more sensitive to broader industry or market risks. The space industry is emerging and may experience higher volatility and uncertainty than more established industries.
Industry Concentration Risk. Because the Fund focuses on a specific theme and industry group, it may be more susceptible to adverse developments affecting that sector than a broadly diversified fund. The Fund will concentrate (i.e., invest 25% or more of its total assets) its investment exposure to companies in the space industry and in industries that develop, deploy, or operate space-related technologies and services.
IPO, SPAC, and De-SPAC Risk. The Fund may invest, including indirectly via derivative instruments, in securities of companies that have recently completed initial public offerings (“IPOs”), special purpose acquisition companies (“SPACs”), or companies that have become publicly traded through business combinations involving SPACs (“de-SPAC transactions”). These securities may be less seasoned, lack a meaningful trading history, have limited public information and research coverage, and involve risks similar to those of venture capital or other private equity investments. Their prices may be volatile, subject to speculative trading, and susceptible to rapid and substantial declines in value. SPACs are shell or blank check companies that raise capital in an IPO for the purpose of completing a business combination with a private operating company; there is no guarantee that a SPAC will complete a business combination or that any completed transaction will be successful. Conflicts of interest may arise among a SPAC’s sponsors, affiliates, officers, directors, or promoters and unaffiliated security holders.
Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Whether the Fund will be successful in using swap agreements to achieve its investment goal depends on the ability of the Adviser to structure such swap agreements in accordance with the Fund’s investment objective and to identify counterparties for those swap agreements.
Non-Diversification Risk. The Fund is classified as non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers. As a result, the Fund’s performance may be more volatile and more sensitive to the performance of individual holdings.
Equity Securities Risk. Investments in equity securities are subject to market risk, including the potential for significant price fluctuations due to company-specific events, broader market conditions, economic developments, and changes in investor sentiment.
Foreign and ADR Risk. To the extent the Fund has exposure to foreign issuers or American Depositary Receipts (ADRs), it may be subject to additional risks, including currency fluctuations, political and economic instability, differing regulatory standards, and reduced liquidity.
Small- and Mid-Capitalization Risk. The Fund may invest in small- and mid-cap companies, which may be more volatile, less liquid, and more sensitive to economic changes than larger companies.
Liquidity Risk. In certain market conditions, the Fund’s investments or derivative instruments may become less liquid, making it difficult to adjust exposure or achieve the desired investment objective. Reduced liquidity may also lead to wider bid-ask spreads for Fund shares.
Rebalancing Risk. The Fund seeks to rebalance its exposure daily to maintain its target leverage. If the Fund is unable to rebalance effectively due to market disruptions, liquidity constraints, or operational issues, its exposure may deviate from its intended objective.
Tracking and Correlation Risk. There is no guarantee that the Fund will achieve a high degree of correlation to 200% of the daily performance of its underlying portfolio. Market volatility, fees, transaction costs, and derivative pricing may cause performance to deviate from expectations.
High Portfolio Turnover Risk. The Fund’s strategy involves frequent trading and daily rebalancing, which may result in high portfolio turnover, increased transaction costs, and potentially higher taxable distributions.
Tax Risk. The Fund intends to qualify for favorable tax treatment as a regulated investment company (RIC), but there is no guarantee it will do so. Distributions may be taxable as ordinary income, capital gains, or a combination of both.
New Fund Risk. The Fund is recently organized and has limited operating history. As a result, there is limited performance history for investors to evaluate.
Market and Economic Risk. The value of the Fund’s investments may decline due to general market conditions, economic trends, geopolitical events, interest rate changes, inflation, or other external factors beyond the control of the Fund.
Brokerage commissions may be charged on trades.
Distributed by Foreside Fund Services, LLC.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/623c9438-6e10-4373-bc05-a6ae8c312daf
SOURCE: Defiance ETFs
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
SpaceX priced its initial public offering at $135 per share and began trading on the Nasdaq on Friday, June 12, under the ticker SPCX. At that price, the company was valued at approximately $1.77 trillion, which according to reports ranks as the largest U.S. IPO in history by debut market value.
SPCU is purpose-built for active traders seeking magnified, short-term exposure to SpaceX. The Fund obtains its exposure primarily through swap agreements and/or listed options contracts rather than by holding SpaceX shares directly, allowing traders to express a high-conviction, tactical view on SpaceX in a single exchange-listed ticker, without a margin account and without managing options positions.
SPCU joins the Defiance Daily 2X Space ETF (Cboe: SPCL), which established 2X daily leveraged exposure to SpaceX on SpaceX's IPO date. On that date, SPCL's leveraged exposure was tied exclusively to SpaceX, although the Fund will hold other investments in accordance with its investment strategy and prospectus disclosures. SPCU further expands Defiance's lineup of leveraged products linked to SpaceX.
For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcu or call 833.333.9383.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of Space Exploration Technologies Corp. (the “Underlying Security”) and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of SpaceX over the same period. It is possible that investors could lose their entire principal within a single trading day.
An investment in the Fund is not a direct investment in SpaceX.
About Defiance ETFs
Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.
Media Contact: Sylvia Jablonski | info@defianceetfs.com | 833.333.9383
IMPORTANT DISCLOSURES
Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).
The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.
Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to its net asset value (“NAV”). Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions and bid-ask spreads will reduce returns. A portfolio concentrated in a single theme or industry may be subject to a higher degree of risk. There is no guarantee the Fund’s strategy will be successful, and an investor may lose some or all of their investment.
Leveraged Investment Risk. The Fund seeks daily investment results that correspond to two times (2X) the performance of its underlying portfolio. The use of leverage magnifies both gains and losses. As a result, the Fund may experience significant losses over short periods of time, including the potential loss of the entire investment within a single trading day. If the Target Portfolio’s market value decreases by more than 50% on a given trading day, the Fund’s investors could lose all of their money. The Fund may also be subject to the following risks:
Daily Reset and Compounding Risk. The Fund is designed to achieve its stated investment objective on a daily basis. Due to the effects of compounding, the Fund’s returns over periods longer than one trading day will likely differ, and may differ significantly, from 200% of the performance of its underlying portfolio for the same period. This effect is more pronounced in volatile markets.
Short-Term Trading Risk. The Fund is intended for short-term trading and is not designed for long-term investment. Investors who hold shares for periods longer than a single trading day may experience returns that are substantially different from the Fund’s stated objective. The Fund requires active monitoring and management.
Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective, and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from two times (200%) the Target Portfolio’s performance, before fees and expenses. The Fund will lose money if the Target Portfolio’s performance is flat over time, and it is possible that the Fund will lose money even if the Target Portfolio’s market value increases over a period longer than a single day. Due to daily rebalancing and the effects of compounding, the volatility of the Target Portfolio may affect the Fund’s return as much as, or more than, the Target Portfolio’s actual return. The impact of compounding will affect each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of the Target Portfolio during that holding period.
Derivatives Risk. The Fund utilizes derivatives, including swap agreements and options contracts, to achieve its investment objective. Derivatives involve risks different from, and potentially greater than, those associated with direct investments in securities. These risks include increased volatility, imperfect correlation, liquidity constraints, valuation complexity, and the potential for losses exceeding the amount initially invested.
Counterparty Risk. The Fund is subject to counterparty risk through its use of derivatives. If a counterparty to a swap or other derivative instrument fails to meet its contractual obligations, the Fund may experience losses, delays in recovery, or reduced exposure.
Space Investing Risks. The Fund concentrates its exposure in companies involved in the space economy, including satellite communications, launch services, and space-enabled technologies. Companies involved in the design, manufacture, or launch of spacecraft, launch vehicles, or related systems face significant risks associated with launch failures, deployment malfunctions, mission delays, and cost overruns; space launches are inherently complex and costly, and failures may result in total loss of spacecraft or payloads, substantial financial losses, reputational harm, and increased regulatory scrutiny. Space-related businesses often rely on advanced, emerging, or unproven technologies and may be adversely affected by rapid technological change, engineering challenges, or competitors’ development of superior or lower-cost technologies. The space industry is subject to extensive domestic and international regulation, including licensing requirements, export controls, national security restrictions, environmental regulation, and orbital debris mitigation standards; changes in laws or regulatory interpretations may increase compliance costs, delay operations, or limit deployment of space-based systems. Many space-focused companies depend on governmental or quasi-governmental customers and contracts, and reductions in government budgets, policy changes, or contract terminations could materially affect revenues. Space-based operations are exposed to risks from orbital debris, collisions, congestion in Earth’s orbits, and space weather, any of which may damage satellites or spacecraft and result in service disruptions or complete mission failure. Many space-focused companies may have limited operating histories, depend on a narrow set of products or services, or rely on a small number of customers or missions. The Fund may have exposure to foreign issuers, including through ADRs, which can involve political instability, geopolitical tensions, trade restrictions, sanctions, and currency fluctuations that may disrupt supply chains or impair cross-border collaboration. When the Adviser determines there are insufficient Space Companies to meet the Fund’s investment criteria, the Fund may obtain exposure to secondary space technology companies that support or enable space-related activities, which may be less directly exposed to the growth of the space economy and may be more sensitive to broader industry or market risks. The space industry is emerging and may experience higher volatility and uncertainty than more established industries.
Industry Concentration Risk. Because the Fund focuses on a specific theme and industry group, it may be more susceptible to adverse developments affecting that sector than a broadly diversified fund. The Fund will concentrate (i.e., invest 25% or more of its total assets) its investment exposure to companies in the space industry and in industries that develop, deploy, or operate space-related technologies and services.
IPO, SPAC, and De-SPAC Risk. The Fund may invest, including indirectly via derivative instruments, in securities of companies that have recently completed initial public offerings (“IPOs”), special purpose acquisition companies (“SPACs”), or companies that have become publicly traded through business combinations involving SPACs (“de-SPAC transactions”). These securities may be less seasoned, lack a meaningful trading history, have limited public information and research coverage, and involve risks similar to those of venture capital or other private equity investments. Their prices may be volatile, subject to speculative trading, and susceptible to rapid and substantial declines in value. SPACs are shell or blank check companies that raise capital in an IPO for the purpose of completing a business combination with a private operating company; there is no guarantee that a SPAC will complete a business combination or that any completed transaction will be successful. Conflicts of interest may arise among a SPAC’s sponsors, affiliates, officers, directors, or promoters and unaffiliated security holders.
Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Whether the Fund will be successful in using swap agreements to achieve its investment goal depends on the ability of the Adviser to structure such swap agreements in accordance with the Fund’s investment objective and to identify counterparties for those swap agreements.
Non-Diversification Risk. The Fund is classified as non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers. As a result, the Fund’s performance may be more volatile and more sensitive to the performance of individual holdings.
Equity Securities Risk. Investments in equity securities are subject to market risk, including the potential for significant price fluctuations due to company-specific events, broader market conditions, economic developments, and changes in investor sentiment.
Foreign and ADR Risk. To the extent the Fund has exposure to foreign issuers or American Depositary Receipts (ADRs), it may be subject to additional risks, including currency fluctuations, political and economic instability, differing regulatory standards, and reduced liquidity.
Small- and Mid-Capitalization Risk. The Fund may invest in small- and mid-cap companies, which may be more volatile, less liquid, and more sensitive to economic changes than larger companies.
Liquidity Risk. In certain market conditions, the Fund’s investments or derivative instruments may become less liquid, making it difficult to adjust exposure or achieve the desired investment objective. Reduced liquidity may also lead to wider bid-ask spreads for Fund shares.
Rebalancing Risk. The Fund seeks to rebalance its exposure daily to maintain its target leverage. If the Fund is unable to rebalance effectively due to market disruptions, liquidity constraints, or operational issues, its exposure may deviate from its intended objective.
Tracking and Correlation Risk. There is no guarantee that the Fund will achieve a high degree of correlation to 200% of the daily performance of its underlying portfolio. Market volatility, fees, transaction costs, and derivative pricing may cause performance to deviate from expectations.
High Portfolio Turnover Risk. The Fund’s strategy involves frequent trading and daily rebalancing, which may result in high portfolio turnover, increased transaction costs, and potentially higher taxable distributions.
Tax Risk. The Fund intends to qualify for favorable tax treatment as a regulated investment company (RIC), but there is no guarantee it will do so. Distributions may be taxable as ordinary income, capital gains, or a combination of both.
New Fund Risk. The Fund is recently organized and has limited operating history. As a result, there is limited performance history for investors to evaluate.
Market and Economic Risk. The value of the Fund’s investments may decline due to general market conditions, economic trends, geopolitical events, interest rate changes, inflation, or other external factors beyond the control of the Fund.
Brokerage commissions may be charged on trades.
Distributed by Foreside Fund Services, LLC.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/623c9438-6e10-4373-bc05-a6ae8c312daf
SOURCE: Defiance ETFs
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
JTB TO ACQUIRE ASIA DMC OPERATOR EXO TRAVEL
 |
| JTB to Acquire Asian DMC Leader EXO Travel for Accelerated Global Growth |
KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.
EXO Travel, operated by All Wise Holdings Pte Ltd, is a destination management company (DMC) focused on the business-to-business travel market across APAC. The company has built a strong presence over more than three decades, particularly among travel partners in Europe, North America and Australia.
In a statement, JTB said the acquisition supports its strategy of transforming from a Japan-centric business model into a globally connected network, enabling further growth under its "Departing Globally, Arriving Globally" initiative.
The company said EXO Travel's customer base in key long-haul markets and its destination management infrastructure across Asia would complement JTB's existing operations and enhance its ability to serve international travellers.
JTB added that the combination of EXO Travel's expertise in intra-Asia travel and the inbound tourism capabilities of JTB Global Marketing & Travel would help improve customer experiences and support growing demand for multi-destination travel across the region.
The acquisition is also expected to strengthen JTB's outbound travel business from Europe, North America and Australia to Asia, including Japan, while creating operational synergies through the integration of sales, marketing and operational functions.
Founded in 1993, EXO Travel is a destination management company operating across Asia and serving travel partners in Europe, North America and Australia.
JTB Corp, founded in 1912, is one of Japan's largest travel and tourism groups, providing leisure, corporate and educational travel services through a global network spanning 37 countries and regions.
-- BERNAMA
Thursday, 18 June 2026
Bitget Launches Community Product Officer Program With Up to 3,000 USDT in Rewards
VICTORIA, Seychelles, June 18 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the Bitget Community Product Officer Program, a new initiative designed to bring users closer to the product development process and create a direct channel between the community and Bitget’s product teams. Built around, “You speak, we build,” the program invites users to share feedback, test features, submit ideas, ultimately helping shape future product development across the Bitget ecosystem.
Running from June 15 to June 26, the first phase of the program encourages participants to contribute product suggestions, experience reports, strategy-sharing content, and feature feedback. Contributions will be evaluated based on originality, product value, practical insights, and potential impact on the user experience.
Participants will compete for a range of rewards, including three Star Product Experience Officer awards worth between 1,000 and 3,000 USDT each. Additional prizes include Best Product Ideas awards worth 100 USDT each, Best Product Experience Report awards worth 50 USDT each, and Best Strategy Sharing awards worth 20 USDT each. Community participants will also be eligible for random airdrops, merchandise and contribution rewards throughout the campaign.
“Some of the best product ideas come from the people using the platform every day because they’re the ones experiencing the friction firsthand,” said Gracy Chen, CEO of Bitget. “Crypto has always been built on participation, and some of the strongest products in this industry are shaped through open dialogue with the community. The Community Product Officer Program creates a direct channel for users to share ideas, challenge assumptions and be part of building a better platform together.”
Beyond cash rewards, the initiative creates a long term pathway for community members to contribute directly to Bitget’s product evolution. Through Bitget Fan Club, the company has already seen how engaged users can help strengthen communities, surface valuable feedback and improve the user experience. The Community Product Officer Program builds on that foundation by creating a closer connection between users and product teams, giving contributors greater opportunities to shape the features and tools they want to see on the platform.
The launch reflects Bitget’s continued focus on community-led innovation as the platform expands across crypto, tokenized assets, equities, commodities, AI-powered trading tools, and multi-asset services. By opening more of the product development process to users, Bitget aims to strengthen the connection between product builders and the communities they serve.
The Bitget Community Product Officer Program is now open to eligible participants worldwide.
To become a Community Product Officer, visit here, learn more about the program here.
About Bitget
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/02d967cb-2f38-4fdb-83f7-5e2d5b5abcc7
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Running from June 15 to June 26, the first phase of the program encourages participants to contribute product suggestions, experience reports, strategy-sharing content, and feature feedback. Contributions will be evaluated based on originality, product value, practical insights, and potential impact on the user experience.
Participants will compete for a range of rewards, including three Star Product Experience Officer awards worth between 1,000 and 3,000 USDT each. Additional prizes include Best Product Ideas awards worth 100 USDT each, Best Product Experience Report awards worth 50 USDT each, and Best Strategy Sharing awards worth 20 USDT each. Community participants will also be eligible for random airdrops, merchandise and contribution rewards throughout the campaign.
“Some of the best product ideas come from the people using the platform every day because they’re the ones experiencing the friction firsthand,” said Gracy Chen, CEO of Bitget. “Crypto has always been built on participation, and some of the strongest products in this industry are shaped through open dialogue with the community. The Community Product Officer Program creates a direct channel for users to share ideas, challenge assumptions and be part of building a better platform together.”
Beyond cash rewards, the initiative creates a long term pathway for community members to contribute directly to Bitget’s product evolution. Through Bitget Fan Club, the company has already seen how engaged users can help strengthen communities, surface valuable feedback and improve the user experience. The Community Product Officer Program builds on that foundation by creating a closer connection between users and product teams, giving contributors greater opportunities to shape the features and tools they want to see on the platform.
The launch reflects Bitget’s continued focus on community-led innovation as the platform expands across crypto, tokenized assets, equities, commodities, AI-powered trading tools, and multi-asset services. By opening more of the product development process to users, Bitget aims to strengthen the connection between product builders and the communities they serve.
The Bitget Community Product Officer Program is now open to eligible participants worldwide.
To become a Community Product Officer, visit here, learn more about the program here.
About Bitget
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/02d967cb-2f38-4fdb-83f7-5e2d5b5abcc7
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
RUBICON CARBON OPENS SINGAPORE OFFICE TO SCALE ASIA CARBON MARKETS
KUALA LUMPUR, June 18 (Bernama) -- Rubicon Carbon, a carbon credit investment and management firm, has opened a regional office in Singapore as it expands its presence in Asia and seeks to support the development of high-integrity carbon markets across the region.
In a statement, Rubicon Carbon Chief Executive Officer, Tom Montag said Asia is emerging as a key growth market for carbon trading, driven by increasing corporate demand, policy development and investment activity.
He added that establishing a presence in Singapore would bring the company closer to regional partners and opportunities.
The Singapore office will serve as the company's regional hub for engaging corporate buyers, project developers, governments, investors and other market participants. It will also support efforts to originate and manage carbon projects, structure offtake and financing arrangements, and help translate growing corporate demand into project delivery.
The move strengthens Rubicon Carbon's involvement in the Action for a Resilient Climate (ARC) Coalition, an industry-led, multi-sector initiative launched at the GenZero Climate Summit to aggregate demand for high-integrity carbon credits from corporates and financial institutions.
Rubicon Carbon said it has supported the coalition's development and is working with partners on a blended-finance facility aimed at accelerating investment in scalable climate projects. The initiative supports ARC's goal of procuring at least 10 million tonnes of carbon credits by 2030.
The company has also appointed Flora Ji, former Vice President of Nature-Based Solutions at Shell, as Head of Asia and Head of Asset Management. She will lead Rubicon Carbon's expansion across Asia while overseeing asset management for its global portfolio of carbon projects.
Ji said Asia would play a pivotal role in global climate action in the coming decades and described Singapore as an important hub for carbon markets, finance and regional partnerships.
She said the company aims to work with buyers, investors, project developers and governments to expand financing and delivery solutions for high-quality climate projects.
-- BERNAMA
In a statement, Rubicon Carbon Chief Executive Officer, Tom Montag said Asia is emerging as a key growth market for carbon trading, driven by increasing corporate demand, policy development and investment activity.
He added that establishing a presence in Singapore would bring the company closer to regional partners and opportunities.
The Singapore office will serve as the company's regional hub for engaging corporate buyers, project developers, governments, investors and other market participants. It will also support efforts to originate and manage carbon projects, structure offtake and financing arrangements, and help translate growing corporate demand into project delivery.
The move strengthens Rubicon Carbon's involvement in the Action for a Resilient Climate (ARC) Coalition, an industry-led, multi-sector initiative launched at the GenZero Climate Summit to aggregate demand for high-integrity carbon credits from corporates and financial institutions.
Rubicon Carbon said it has supported the coalition's development and is working with partners on a blended-finance facility aimed at accelerating investment in scalable climate projects. The initiative supports ARC's goal of procuring at least 10 million tonnes of carbon credits by 2030.
The company has also appointed Flora Ji, former Vice President of Nature-Based Solutions at Shell, as Head of Asia and Head of Asset Management. She will lead Rubicon Carbon's expansion across Asia while overseeing asset management for its global portfolio of carbon projects.
Ji said Asia would play a pivotal role in global climate action in the coming decades and described Singapore as an important hub for carbon markets, finance and regional partnerships.
She said the company aims to work with buyers, investors, project developers and governments to expand financing and delivery solutions for high-quality climate projects.
-- BERNAMA
SpaceX Goes Public: SPCX Now Available to Trade Following Historic Nasdaq Debut
LONDON, June 18 (Bernama-GLOBE NEWSWIRE) -- EBC Financial Group (EBC) announced the availability of SpaceX (SPCX) across all EBC platforms. The instrument went live at 16:31 (UTC+3) on Friday, 12 June 2026, is in line with the US market open and the same session SpaceX made its debut on the Nasdaq. The listing followed the largest initial public offering in financial market history: a US$75 billion raise at an issue price of US$135 per share, implying a valuation of about US$1.75 trillion. Shares rose around 19% in their first session to close near US$161, lifting SpaceX’s market value above US$2 trillion. The instrument is available to all EBC clients globally, across both Standard (STD) and Professional (PRO) accounts.
The debut placed SpaceX among the most valuable listed companies in the world from its first session. For traders, it is the first time public-market access has been available to a business that stayed private for more than two decades while building leading positions in launch services, the Starlink satellite network and, since its February 2026 acquisition of xAI.
Same-Day Access to a Landmark Listing
The newly introduced CFD is seamlessly integrated into existing EBC trading infrastructure, eliminating the requirement for distinct onboarding, capital allocations, or minimum subscription thresholds. Both the Standard and Professional accounts carry the instrument, each with its own pricing and execution profile. Traders at different stages, from lower-capital investors to seasoned professionals, can therefore choose the account that suits how they trade.
Trading on Your Own View
EBC supports two-way trading on SpaceX. Bulls can take a long position if they believe Starlink’s recurring revenue, SpaceX’s launch-cost advantage and its NASA and defence contract revenue justify the valuation, while traders may take a short position if they view the pricing as stretched against the capital intensity of the aerospace business and the drawdown risk facing new investors.
Limited-Time Zero Commission on US Stocks
Alongside the listing, EBC is running a limited-time zero-commission offer on US stock and ETF trading, valid from 12 June to 11 September 2026. With commission waived and zero-swap fees on the instrument, the trading costs will reduce significantly, potentially reducing trading costs for clients amid tech IPO boom. This promotion is available only to clients who open an account under EBC Financial Group (SVG) LLC.
A Defining Market Event
SpaceX enters public markets as a vertically integrated group spanning rockets, satellites and, through xAI, artificial intelligence. In its IPO filing, the company set out a stated total addressable market of about US$28.5 trillion, most of it tied to AI and enterprise applications, an ambition some analysts have questioned given how early the company is in those areas. For EBC clients, the practical point is simpler: a company at the centre of that debate is now something they can trade directly, and form their own view on, from within their existing account.
SPCX.OQ is live on EBC platforms. For more information, please visit the EBC Financial Group website at www.ebc.com.
Risk Disclaimer
Trading foreign exchange (FX) and contracts for differences (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Losses can exceed deposits. Past performance does not guarantee future results. Please consider your investment objectives and risk tolerance carefully before trading.
About EBC Financial Group
Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.
Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.
EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).
At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.
EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Oxford University’s Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.
https://www.ebc.com/
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c9e268f0-38cc-4cf0-bd92-06a5ae03e622
Media Contact:
Aldric Tinker Toyad
Global PR Lead
aldric.tinker@ebc.com
Saiful Shamsudin
Public Relations Executive
saiful.shamsudin@ebc.com
SOURCE: EBC Tech Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
The debut placed SpaceX among the most valuable listed companies in the world from its first session. For traders, it is the first time public-market access has been available to a business that stayed private for more than two decades while building leading positions in launch services, the Starlink satellite network and, since its February 2026 acquisition of xAI.
Same-Day Access to a Landmark Listing
The newly introduced CFD is seamlessly integrated into existing EBC trading infrastructure, eliminating the requirement for distinct onboarding, capital allocations, or minimum subscription thresholds. Both the Standard and Professional accounts carry the instrument, each with its own pricing and execution profile. Traders at different stages, from lower-capital investors to seasoned professionals, can therefore choose the account that suits how they trade.
Trading on Your Own View
EBC supports two-way trading on SpaceX. Bulls can take a long position if they believe Starlink’s recurring revenue, SpaceX’s launch-cost advantage and its NASA and defence contract revenue justify the valuation, while traders may take a short position if they view the pricing as stretched against the capital intensity of the aerospace business and the drawdown risk facing new investors.
Limited-Time Zero Commission on US Stocks
Alongside the listing, EBC is running a limited-time zero-commission offer on US stock and ETF trading, valid from 12 June to 11 September 2026. With commission waived and zero-swap fees on the instrument, the trading costs will reduce significantly, potentially reducing trading costs for clients amid tech IPO boom. This promotion is available only to clients who open an account under EBC Financial Group (SVG) LLC.
A Defining Market Event
SpaceX enters public markets as a vertically integrated group spanning rockets, satellites and, through xAI, artificial intelligence. In its IPO filing, the company set out a stated total addressable market of about US$28.5 trillion, most of it tied to AI and enterprise applications, an ambition some analysts have questioned given how early the company is in those areas. For EBC clients, the practical point is simpler: a company at the centre of that debate is now something they can trade directly, and form their own view on, from within their existing account.
SPCX.OQ is live on EBC platforms. For more information, please visit the EBC Financial Group website at www.ebc.com.
Risk Disclaimer
Trading foreign exchange (FX) and contracts for differences (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Losses can exceed deposits. Past performance does not guarantee future results. Please consider your investment objectives and risk tolerance carefully before trading.
About EBC Financial Group
Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.
Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.
EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).
At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.
EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Oxford University’s Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.
https://www.ebc.com/
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c9e268f0-38cc-4cf0-bd92-06a5ae03e622
Media Contact:
Aldric Tinker Toyad
Global PR Lead
aldric.tinker@ebc.com
Saiful Shamsudin
Public Relations Executive
saiful.shamsudin@ebc.com
SOURCE: EBC Tech Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Monday, 15 June 2026
MAVENIR RECEIVES GERMANY'S FIRST BSI NESAS CERTIFICATION FOR 5G NETWORK FUNCTION
KUALA LUMPUR, June 15 (Bernama) -- Mavenir, the software company building cloud-native, AI-by-design mobile networks, announced it has become the first tier-one telecommunications infrastructure software provider to receive Germany's BSI NESAS certification for a 5G Packet Core network function.
In a statement, the company said the certification was awarded for its Network Repository Function (NRF), confirming that the product meets security requirements for use as a critical component in public telecommunications networks in Germany.
Mavenir Senior Vice President, Operations, Omar Shahdad said the certification demonstrates the company's commitment to meeting stringent national cybersecurity requirements for 5G software and network infrastructure.
Meanwhile, Federal Office for Information Security (BSI) Head of Certification, Fabian Hodouschek said the certification marked an important step in strengthening the cybersecurity of Germany's mobile telecommunications networks.
He said the certification confirms that Mavenir's Network Repository Function, including its development and lifecycle processes, complies with the standards of the internationally recognised NESAS security framework.
According to Mavenir, the milestone follows the implementation of mandatory BSI NESAS certification requirements under Germany's Telecommunications Act and BSI Act, which took effect on Jan 1, 2026.
The certification was issued by Germany's BSI under the BSI NESAS certification scheme, which builds on the Global System for Mobile Communications Association (GSMA) Network Equipment Security Assurance Scheme (NESAS) framework.
The company said it is continuing certification of its broader Packet Core and IP Multimedia Subsystem (IMS) portfolio, with completion targeted by the third quarter of 2026 to support operators deploying compliant cloud-native network architectures.
-- BERNAMA
In a statement, the company said the certification was awarded for its Network Repository Function (NRF), confirming that the product meets security requirements for use as a critical component in public telecommunications networks in Germany.
Mavenir Senior Vice President, Operations, Omar Shahdad said the certification demonstrates the company's commitment to meeting stringent national cybersecurity requirements for 5G software and network infrastructure.
Meanwhile, Federal Office for Information Security (BSI) Head of Certification, Fabian Hodouschek said the certification marked an important step in strengthening the cybersecurity of Germany's mobile telecommunications networks.
He said the certification confirms that Mavenir's Network Repository Function, including its development and lifecycle processes, complies with the standards of the internationally recognised NESAS security framework.
According to Mavenir, the milestone follows the implementation of mandatory BSI NESAS certification requirements under Germany's Telecommunications Act and BSI Act, which took effect on Jan 1, 2026.
The certification was issued by Germany's BSI under the BSI NESAS certification scheme, which builds on the Global System for Mobile Communications Association (GSMA) Network Equipment Security Assurance Scheme (NESAS) framework.
The company said it is continuing certification of its broader Packet Core and IP Multimedia Subsystem (IMS) portfolio, with completion targeted by the third quarter of 2026 to support operators deploying compliant cloud-native network architectures.
-- BERNAMA
Friday, 12 June 2026
SOLUM SHOWCASES SMART RETAIL SOLUTIONS, PARTNERSHIPS IN SOUTHEAST ASIA
 |
| SOLUM introduced its local partnership models in Singapore (Image: SOLUM) |
KUALA LUMPUR, June 12 (Bernama) -- SOLUM has held its "Singapore Private Show", showcasing smart retail solutions and partnership models tailored to the Southeast Asian market as it seeks to expand its regional presence.
The company said the event brought together retailers and solution providers from sectors including grocery, shopping malls, convenience stores, cosmetics and electronics to explore technologies aimed at improving monetisation, operational efficiency and artificial intelligence (AI)-driven transformation.
According to SOLUM in a statement, the showcase highlighted collaborations with five partners — Huawei APAC, Omnishelf, NStory, elTOV and Broadsign — to support retailers through digitalisation and data-driven services.
SOLUM Singapore Head, Yi Ki Chul said the company has established a collaborative framework combining its operational capabilities with the local data and infrastructure expertise of its partners.
He said proven references are an important competitive factor in the Southeast Asian market and that the company aims to convert proof-of-concept discussions from the event into practical deployments in retail operations.
In the area of monetisation, SOLUM said it is working with Broadsign to help retailers generate new revenue streams through in-store advertising, while collaboration with NStory focuses on data-driven monetisation strategies for the food and beverage and small and medium-sized business segments.
To improve operational efficiency, the company has jointly developed a Bluetooth Low Energy (BLE)-based network environment with Huawei APAC to support Internet of Things (IoT) devices, including Electronic Shelf Labels (ESL), and integrated its platform with Omnishelf to enable real-time shelf inventory digitisation.
SOLUM is also supplying hardware to elTOV to support the development of an AI-powered wayfinding service model for shopping malls and airports, reflecting growing adoption of AI-based visitor engagement services in Southeast Asia.
-- BERNAMA
HORIZON QUANTUM TO LOCATE SECOND QUANTUM COMPUTER IN DUBLIN
KUALA LUMPUR, June 12 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, announced plans to locate its second quantum computer in Dublin, Ireland.
By placing this IonQ 256-qubit system at its European headquarters, Horizon Quantum aims to benefit from Ireland’s growing quantum ecosystem, strong university network, and robust talent pool for deep-tech development across the country and the European Union (EU).
Horizon Quantum in a statement said the installation of the system is expected to represent a significant technology milestone for Ireland, strengthening the country's position in frontier quantum computing.
“Expanding our hardware testbed to Ireland with the addition of a frontier system is a significant step forward for both our company in our mission to unlock broad quantum advantage and for the country in strengthening its quantum ecosystem.
“We are excited to extend our testbed capabilities to include a trapped-ion system by deploying this state-of-the-art quantum computer in Dublin,” said Horizon Quantum Chief Executive Officer and Founder, Dr Joe Fitzsimons.
Meanwhile, Ireland's Minister for Enterprise, Tourism and Employment, Peter Burke said the decision reinforces Ireland's position at the forefront of advanced technologies and reflects the strength of its growing quantum ecosystem, world-class research base and highly skilled workforce.
IonQ's sixth-generation, chip-based 256-qubit trapped-ion system is expected to be among the world's most advanced commercial quantum computers and could be capable of solving complex computational problems.
By integrating this system with its software infrastructure, Horizon Quantum plans to expand support for trapped-ion systems in its integrated development environment, Triple Alpha, and to enhance the real-time runtime capabilities of its execution stack.
To support the establishment and management of the system, Horizon Quantum plans to expand its Ireland-based science and engineering teams and deepen its engagement with the country's quantum ecosystem.
-- BERNAMA
Bitget Makes Professional US Stock Market Data Free
VICTORIA, Seychelles, June 12 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has introduced free Level 2 market data for US stocks, becoming one of the first trading platforms to offer professional-grade market depth information to eligible users at no additional cost.
Level 2 market data has historically been associated with professional trading desks and institutional participants due to the cost of exchange data licensing. By making these tools available to eligible users at no additional cost, Bitget is lowering one of the longstanding barriers between retail and professional market access, while providing deeper visibility into order flow and liquidity conditions.
The feature provides access to Nasdaq TotalView and Blue Ocean market data feeds, offering up to 40 levels of bid and ask depth, depth charts, and real-time trade information across US pre-market, regular trading hours, after-hours, and overnight sessions. Eligible users who qualify for VIP 1 through trading volume or VIP 3 through asset holdings can access the service free of charge, amounting to annual savings of up to $276 compared with traditional market data subscriptions.
The launch follows the announcement of Bitget's Stocks 2.0, which has expanded access to equities, ETFs, stock perpetuals, tokenized assets, and multi-asset trading tools. As the lines between crypto and traditional markets continue to blur, traders increasingly expect the same level of market intelligence and execution tools regardless of asset class.
“Crypto makes financial opportunities more open and accessible,” said Gracy Chen, CEO of Bitget. “In traditional markets, data and insights come at a premium. We’re eradicating that by making professional grade stock market data available to our users, who can now access tools that were once limited to a small segment of the market.”
This further expands Bitget's Universal Exchange vision, where crypto assets and tokenized financial instruments live together, operating within a unified trading environment. By combining professional-grade market infrastructure with multi-asset access, Bitget continues building toward a trading experience where users can navigate global markets from a single platform.
For more information, visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6d83c5a1-52e2-4800-bed7-53748ef2b0d9
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Level 2 market data has historically been associated with professional trading desks and institutional participants due to the cost of exchange data licensing. By making these tools available to eligible users at no additional cost, Bitget is lowering one of the longstanding barriers between retail and professional market access, while providing deeper visibility into order flow and liquidity conditions.
The feature provides access to Nasdaq TotalView and Blue Ocean market data feeds, offering up to 40 levels of bid and ask depth, depth charts, and real-time trade information across US pre-market, regular trading hours, after-hours, and overnight sessions. Eligible users who qualify for VIP 1 through trading volume or VIP 3 through asset holdings can access the service free of charge, amounting to annual savings of up to $276 compared with traditional market data subscriptions.
The launch follows the announcement of Bitget's Stocks 2.0, which has expanded access to equities, ETFs, stock perpetuals, tokenized assets, and multi-asset trading tools. As the lines between crypto and traditional markets continue to blur, traders increasingly expect the same level of market intelligence and execution tools regardless of asset class.
“Crypto makes financial opportunities more open and accessible,” said Gracy Chen, CEO of Bitget. “In traditional markets, data and insights come at a premium. We’re eradicating that by making professional grade stock market data available to our users, who can now access tools that were once limited to a small segment of the market.”
This further expands Bitget's Universal Exchange vision, where crypto assets and tokenized financial instruments live together, operating within a unified trading environment. By combining professional-grade market infrastructure with multi-asset access, Bitget continues building toward a trading experience where users can navigate global markets from a single platform.
For more information, visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6d83c5a1-52e2-4800-bed7-53748ef2b0d9
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Thursday, 11 June 2026
AERIS WINS CONNECTIVITY LEADER AWARD AT AUTOTECH AWARDS 2026
KUALA LUMPUR, June 11 (Bernama) -- Aeris, a global leader in wireless management platforms, security services, and connected vehicle programmes, has won the Connectivity Leader Award at the AutoTech Awards 2026.
The award recognises leaders in automotive connectivity and innovation that enhance vehicle integration and the driver experience. Aeris was honoured for advancing connected mobility through its ability to simplify management, enhance security and optimise performance at scale.
As the unifying platform for automotive ecosystems worldwide, Aeris' connectivity management platform (CMP) powers more than 30 automotive original equipment manufacturers (OEMs) through its tier-one mobile network operator (MNO) partners, supporting more than 41 million connected vehicles across 180 countries.
“We are deeply honoured to receive this recognition from AutoTech. The connected vehicle ecosystem is complex. It is challenging to manage a sprawling global fleet across multiple carriers while keeping pace with growing applications and unseen risks.
“Aeris gives auto OEMs a single pane of glass to manage the integration of global connectivity, security, and vehicle services, enhanced with agentic AI, so they can focus on delivering exceptional experiences to their customers,” said its Chief Executive Officer, Aziz Benmalek in a statement.
Aeris said its platform helps OEMs and fleet operators improve operational observability and analytics across the connected vehicle ecosystem, while enabling earlier issue detection and faster response through proactive monitoring, cross-service correlation, over-the-air (OTA) assurance and fleet control strategies.
The platform also strengthens security across connected fleets through zero-trust policy enforcement, delivers connected experiences at scale across automotive Internet of Things (IoT) use cases, and provides next-generation connectivity through 5G Standalone (SA) communications.
-- BERNAMA
The award recognises leaders in automotive connectivity and innovation that enhance vehicle integration and the driver experience. Aeris was honoured for advancing connected mobility through its ability to simplify management, enhance security and optimise performance at scale.
As the unifying platform for automotive ecosystems worldwide, Aeris' connectivity management platform (CMP) powers more than 30 automotive original equipment manufacturers (OEMs) through its tier-one mobile network operator (MNO) partners, supporting more than 41 million connected vehicles across 180 countries.
“We are deeply honoured to receive this recognition from AutoTech. The connected vehicle ecosystem is complex. It is challenging to manage a sprawling global fleet across multiple carriers while keeping pace with growing applications and unseen risks.
“Aeris gives auto OEMs a single pane of glass to manage the integration of global connectivity, security, and vehicle services, enhanced with agentic AI, so they can focus on delivering exceptional experiences to their customers,” said its Chief Executive Officer, Aziz Benmalek in a statement.
Aeris said its platform helps OEMs and fleet operators improve operational observability and analytics across the connected vehicle ecosystem, while enabling earlier issue detection and faster response through proactive monitoring, cross-service correlation, over-the-air (OTA) assurance and fleet control strategies.
The platform also strengthens security across connected fleets through zero-trust policy enforcement, delivers connected experiences at scale across automotive Internet of Things (IoT) use cases, and provides next-generation connectivity through 5G Standalone (SA) communications.
-- BERNAMA
Saturday, 6 June 2026
Wolters Kluwer Implements CCH Tagetik Platform At Banyan Group
KUALA LUMPUR, June 3 (Bernama) -- Wolters Kluwer, a global provider of professional information, software solutions and services, has announced the successful implementation and go-live of CCH Tagetik Financial Close and Consolidation at Banyan Group.
The implementation marks a key milestone in Banyan Group’s finance transformation journey, modernising its consolidation environment and establishing a scalable, cloud‑based foundation for statutory reporting across a highly complex global organisation.
By replacing a legacy consolidation system with CCH Tagetik, Banyan Group has significantly accelerated its group close while strengthening governance, auditability and data accuracy across the enterprise, according to Wolters Kluwer in a statement.
“Banyan Group operates one of the most complex consolidation environments in the hospitality sector, with multi-GAAP requirements, multiple listings and a highly distributed global footprint.
“CCH Tagetik enables finance teams to simplify that complexity, accelerate close cycles and build a trusted data foundation for long-term transformation,” said Wolters Kluwer APJ Managing Director, CCH Tagetik, Kumiko Minowa.
With operations spanning more than 80 legal entities across 23 countries, Banyan Group operates a complex legal and financial structure and is required to comply with multiple regulatory and accounting standards, alongside multi-currency and multi-segment reporting requirements.
As the organisation expanded, its legacy consolidation platform became increasingly difficult to maintain. Manual processes, limited flexibility and heavy dependence on information technology (IT) support constrained the finance team’s ability to respond efficiently to growing reporting demands.
To address these challenges, Banyan Group partnered with Wolters Kluwer to implement CCH Tagetik, to deliver a modern, cloud‑based consolidation platform designed to support complex group structures and future transformation initiatives.
By implementing CCH Tagetik, Banyan Group has realised clear operational and governance benefits, most notably a financial close that is approximately five working days faster, with the potential to reach up to eight days as further optimisations are introduced.
Additional benefits include faster and more accurate consolidated reporting across more than 80 entities, stronger data governance and internal controls, fewer audit issues due to improved structure and traceability, as well as seamless support for multi-GAAP and multi-currency requirements.
-- BERNAMA
Friday, 5 June 2026
Cloudflare Acquires VoidZero to Build the Future of the AI-Native Web
- Acquisition brings Vite, the world’s leading JavaScript build tool, and its core open source team to Cloudflare
- Cloudflare commits $1 million to an independent Vite ecosystem fund to support open source maintainers and contributors
SAN FRANCISCO, June 5 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced it has acquired VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite. The acquisition will unify VoidZero’s high-performance tooling — including the Vite build tool, Vitest test runner, Rust-based Rolldown bundler and Oxc toolchain — natively into the Cloudflare ecosystem. By merging Cloudflare’s global edge network and Workers developer platform with the modern web's industry-standard toolchain, Cloudflare is creating a frictionless, one-click deployment stack from local code straight to Cloudflare’s global network.
Application development is undergoing a fundamental shift. The rise of autonomous AI coding agents has ushered in an era of rapid application scaffolding where speed and local-to-production predictability are paramount. VoidZero’s toolchain, anchored by Vite, has emerged as the shared substrate for the web ecosystem, capturing over 130 million weekly downloads. The Cloudflare Vite plugin has reached 13.9 million weekly downloads — equivalent to more than 10% of Vite’s entire weekly volume — proving that developers are already choosing this combined stack for AI-coded applications.
"The best engineers I know are shipping more code than ever, and writing less of it by hand. AI is doing more of the typing — so everything around it has to keep up,” said Matthew Prince, co-founder and CEO of Cloudflare. "Evan and his team built Vite from scratch with the same philosophy we used to build Cloudflare: strip out the bloat and make it fast. Bringing them on board gives millions of developers, and the AI agents working alongside them, the fastest path from local code to our global network.”
VoidZero’s team of open source creators and Rust optimization specialists, led by widely recognized Vue.js and Vite creator Evan You, will join Cloudflare’s Emerging Technology and Incubation (ETI) organization. The team will continue to advance VoidZero's open source roadmap while accelerating deep integration with the Cloudflare Workers developer platform.
"Our mission at VoidZero has always been to eliminate the fragmentation and performance bottlenecks of the modern web stack," said Evan You, founder and CEO of VoidZero. "Cloudflare shares our obsession with speed and architectural purity. Joining forces allows us to keep the Vite ecosystem neutral, open, and vendor-agnostic, while giving us the resources and global infrastructure to supercharge the developer experience for millions of engineers worldwide."
By integrating VoidZero’s hyper-performant, Rust-based tooling directly into Cloudflare’s Workers developer platform, Cloudflare will unify the entire software development lifecycle. Developers and autonomous AI agents alike will be able to move from an idea to global production instantly via a native, pluggable vite deploy ecosystem. Through this acquisition, Cloudflare plans to drive a project-centric development paradigm, focusing on three core initiatives:
Unify the Developer Pipeline: Align the Cloudflare CLI natively with the seamless Vite workflow developers already love, bringing a frictionless end-to-end experience to every creator.
Enable Intent-Based Infrastructure: Evolve toward a workflow where a single Vite deploy command handles everything. If application logic declares a need for a database or an object store, a Vite application with Cloudflare integration will automatically detect that intent and natively provision Cloudflare resources like D1 or R2 — with no manual dashboard intervention required.
Maintain Open Source Steward Neutrality: Vite, Rolldown, Oxc, and Vitest will remain open source, vendor-agnostic and community-driven. Vite, Vitest, Rolldown, Oxc, and Vite+ will remain strictly open source under MIT licenses. Cloudflare is committing $1 million to a new independent Vite ecosystem fund to support community maintainers and contributors who are independent of both VoidZero and Cloudflare.
"At Lovable, we are empowering developers to build and deploy full-stack applications at unprecedented scale. An open and predictable toolchain is absolutely critical to that mission. As agents handle increasingly complex, real-time tasks, they require an underlying architecture that is performant and modular,” said Fabian Hedin, CTO and co-founder of Loveable. “By building our automated pipeline on Vite and leveraging its open ecosystem, we’ve been able to radically accelerate how AI agents generate, compile, and ship code. We have worked closely with the Cloudflare and VoidZero teams, and we’re excited to continue supporting and benefiting from the ecosystem they’ve helped create. Open-source infrastructure like Vite plays a critical role in the future of software development, and we’re encouraged to see its development remain independent and transparent.”
To learn more, please check out the resources below:
Cloudflare Blog: VoidZero is joining Cloudflare
About Cloudflare
Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.
Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.
Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the benefits to Cloudflare’s customers from using Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the timing of when Cloudflare’s Workers developer platform and VoidZero’s products and technology and or any of their related features will be fully integrated and generally available to all current and potential Cloudflare customers, the potential timing of the closing of Cloudflare’s acquisition of VoidZero, Cloudflare’s plans and objectives for, and the timing of, the integration of VoidZero’s products and technology into Cloudflare’s Workers developer platform, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on May 8, 2026, as well as other filings that Cloudflare may make from time to time with the SEC.
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.
© 2026 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260604108073/en/
Contact
Cloudflare, Inc.
Daniella Vallurupalli
Vice President, Head of Global Communications
press@cloudflare.com
Source : Cloudflare, Inc.
--BERNAMA
Thursday, 4 June 2026
Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
SINGAPORE, June 3 (Bernama-BUSINESS WIRE) -- AM Best has maintained its outlook on the Philippines’ non-life insurance segment at stable, citing in part robust growth prospects for the industry driven by economic expansion and a pipeline of large domestic infrastructure projects.
In its new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance,” AM Best also takes note of the country’s stabilised reinsurance capacity, the emergence of insurance pools to support underwriting capacity at the primary level, and a broadly supportive pricing environment. Another supporting factor is investment income, which is expected to remain bolstered by a robust domestic interest rate environment.
However, offsetting factors include macroeconomic uncertainty, a tighter monetary policy stance, and potential financial market volatility stemming from adverse geopolitical developments. “Another key potential headwind is the increasingly volatile weather conditions, which are placing significant pressure on non-life insurers and contributing to greater volatility in underwriting results,” said Susan Tan, senior financial analyst at AM Best and one of the authors of the outlook.
The Philippines’ economy is expected to grow at a rate of 4.1% in 2026, according to the International Monetary Fund. This marks a 1.5% decrease from a projection that the organisation issued in January.
The country’s non-regulatory landscape continues to develop, with a focus on financial resilience, transparency, and stricter accountability for public infrastructure risk. The mandatory adoption of Philippine Financial Reporting Standard 17 (PFRS 17), the Philippine equivalent of IFRS 17, remains on track for implementation on Jan. 1, 2027. In a move expected to have positive implications for capital management, the country’s Insurance Commission has expanded its definition of “admitted assets” to include real estate investment trusts (REITs) and selected structured products. This is expected to provide insurers with greater flexibility to meet their risk-based capital requirements.
According to the report, the Philippines’ non-life market continues to undergo pricing recalibration, particularly in property lines, driven by the need to address persistent inflation, rising claims costs, and the increasing frequency and severity of climate-related risks. “As a result, insurers are adopting more disciplined underwriting practices, emphasising stricter risk selection and data-driven pricing to better align premiums with underlying exposures,” said Victoria Ohorodnyk, senior director, AM Best.
While premium growth is positive, profitability remains exposed to volatility due to the country’s high exposure to natural catastrophes, such as typhoons, floods and earthquakes. The increase in net retention of catastrophe risks by primary insurers over recent periods has been a strategic response to balance high reinsurance costs with profitability targets.
To access a complimentary copy of this report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=365204.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260528606476/en/
Contact
Susan Tan
Senior Financial Analyst
+65 6303 5023
susan.tan@ambest.com
Victoria Ohorodnyk
Senior Director, Analytics
+65 6303 5020
victoria.ohorodnyk@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Cynthia Ang
Senior Industry Research Analyst
+65 6303 5026
cynthia.ang@ambest.com
Source : AM Best
--BERNAMA
Azerbaijan’s Bank ABB launches AI Conversational Banking assistants AI-nur and AI-khan
BAKU, Azerbaijan (Bernama-GLOBE NEWSWIRE) -- Bank ABB, one of the leading financial institutions in the South Caucasus, has officially launched its artificial intelligence assistants AI-nur and AI-khan, making them available to all customers following a successful Beta testing phase. The new conversational AI technology represents a major step forward in the bank’s digital transformation and introduces one of the first voice-enabled AI banking solutions in Azerbaijan’s and regional banking sector.
Since becoming available to customers, AI-nur and AI-khan have demonstrated strong adoption and engagement. More than 230k users have already used the service, generating over 2.5 million interactions through the AI-powered banking assistants.
As banking continues to evolve, conversational interfaces powered by AI, including voice, are becoming an integral part of future banking models, enhancing accessibility, speed, and personalization across digital channels.
Developed as part of Bank’s strategy to build the banking ecosystem of the future, AI-nur and AI-khan enable customers to interact with banking services using natural voice commands. Customers can transfer funds between their cards and accounts or send money to others using a mobile phone number. By simply stating the recipient’s name, the AI system identifies the contact and processes the transfer, provided the number is saved in the sender’s phone contacts. Additionally, the assistants can handle essential security functions, such as blocking or reactivating cards, offering a quick response in critical situations.
According to Bank ABB, the launch of AI-nur and AI-khan demonstrates the bank’s commitment to advancing AI-driven digital banking services in Azerbaijan and the wider South Caucasus region. By integrating conversational artificial intelligence into its digital ecosystem, the bank aims to make everyday banking more intuitive, faster, and more convenient for customers.
The number of generative and predictive models applied in various directions has now reached 180, generating more than 35 million AZN in positive financial impact for the bank.
Security remains a top priority in the development of the new AI assistants. All operations performed through AI-nur and AI-khan are conducted within Bank ABB’s secure digital infrastructure, ensuring that customer data and financial transactions are protected according to the highest banking and cybersecurity standards.
Bank ABB plans to continue expanding the capabilities of AI-nur and AI-khan in the near future, introducing additional features that will allow customers to access more banking services through AI-powered interaction.
More information about Bank ABB’s modern products and services is available on the official website, and via Bank ABB’s official social media pages.
SOURCE: Bank ABB - International Bank of Azerbaijan
--BERNAMA
Since becoming available to customers, AI-nur and AI-khan have demonstrated strong adoption and engagement. More than 230k users have already used the service, generating over 2.5 million interactions through the AI-powered banking assistants.
As banking continues to evolve, conversational interfaces powered by AI, including voice, are becoming an integral part of future banking models, enhancing accessibility, speed, and personalization across digital channels.
Developed as part of Bank’s strategy to build the banking ecosystem of the future, AI-nur and AI-khan enable customers to interact with banking services using natural voice commands. Customers can transfer funds between their cards and accounts or send money to others using a mobile phone number. By simply stating the recipient’s name, the AI system identifies the contact and processes the transfer, provided the number is saved in the sender’s phone contacts. Additionally, the assistants can handle essential security functions, such as blocking or reactivating cards, offering a quick response in critical situations.
According to Bank ABB, the launch of AI-nur and AI-khan demonstrates the bank’s commitment to advancing AI-driven digital banking services in Azerbaijan and the wider South Caucasus region. By integrating conversational artificial intelligence into its digital ecosystem, the bank aims to make everyday banking more intuitive, faster, and more convenient for customers.
The number of generative and predictive models applied in various directions has now reached 180, generating more than 35 million AZN in positive financial impact for the bank.
Security remains a top priority in the development of the new AI assistants. All operations performed through AI-nur and AI-khan are conducted within Bank ABB’s secure digital infrastructure, ensuring that customer data and financial transactions are protected according to the highest banking and cybersecurity standards.
Bank ABB plans to continue expanding the capabilities of AI-nur and AI-khan in the near future, introducing additional features that will allow customers to access more banking services through AI-powered interaction.
More information about Bank ABB’s modern products and services is available on the official website, and via Bank ABB’s official social media pages.
SOURCE: Bank ABB - International Bank of Azerbaijan
--BERNAMA
Wednesday, 3 June 2026
GAMBIT CYBER UNVEILS VIZIER AI FOR AUTONOMOUS CYBERSECURITY OPERATIONS
KUALA LUMPUR, June 3 (Bernama) -- Gambit Cyber B.V., a Netherlands-headquartered cybersecurity company, has launched Vizier AI, its next-generation Agentic Security Workflow Automation platform.
According to Gambit Cyber in a statement, the platform uses coordinated artificial intelligence (AI) agents to continuously monitor threats, orchestrate incident response, and manage cyber risk without requiring manual intervention from security teams.
“The launch of Vizier AI represents a fundamental shift in how organisations approach cyber defence. We are not simply automating existing workflows; we are deploying a coordinated intelligence layer that thinks, analyses, and acts continuously on behalf of security teams.
“AI agents operating in concert can process signals, correlate threats, and orchestrate responses at a speed and scale that is simply beyond human capacity alone,” said Gambit Cyber Co-founder and Chief Executive Officer, Anuj Kumar.
The launch addresses a widening gap between the complexity of today’s threat landscape and the shrinking resources available to corporate security operations.
Built as a core component of the KnightGuard platform, Vizier AI acts as an autonomous Security Intelligence Workspace and leverages a coordinated network of autonomous AI agents that continuously monitor threats, analyse security data, orchestrate workflows, and deliver actionable insights for faster and more informed decision-making.
The platform enables organisations to scale security operations through AI-driven automation while maintaining visibility, governance, and control across their exposure management programmes.
Its key capabilities include threat detection through continuous AI-driven attack surface monitoring, workflow automation to reduce manual security tasks, accelerated incident response using autonomous AI agents, and intelligence generation by transforming raw security data into actionable insights.
-- BERNAMA
According to Gambit Cyber in a statement, the platform uses coordinated artificial intelligence (AI) agents to continuously monitor threats, orchestrate incident response, and manage cyber risk without requiring manual intervention from security teams.
“The launch of Vizier AI represents a fundamental shift in how organisations approach cyber defence. We are not simply automating existing workflows; we are deploying a coordinated intelligence layer that thinks, analyses, and acts continuously on behalf of security teams.
“AI agents operating in concert can process signals, correlate threats, and orchestrate responses at a speed and scale that is simply beyond human capacity alone,” said Gambit Cyber Co-founder and Chief Executive Officer, Anuj Kumar.
The launch addresses a widening gap between the complexity of today’s threat landscape and the shrinking resources available to corporate security operations.
Built as a core component of the KnightGuard platform, Vizier AI acts as an autonomous Security Intelligence Workspace and leverages a coordinated network of autonomous AI agents that continuously monitor threats, analyse security data, orchestrate workflows, and deliver actionable insights for faster and more informed decision-making.
The platform enables organisations to scale security operations through AI-driven automation while maintaining visibility, governance, and control across their exposure management programmes.
Its key capabilities include threat detection through continuous AI-driven attack surface monitoring, workflow automation to reduce manual security tasks, accelerated incident response using autonomous AI agents, and intelligence generation by transforming raw security data into actionable insights.
-- BERNAMA
AM BEST UPGRADES FUSURE REINSURANCE ON CAPITAL STRENGTH, TENCENT BACKING
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit ratings to “a” (Excellent) from “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure).
The outlook of these credit ratings (ratings) is stable, reflecting FuSure’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
According to AM Best in a statement, the ratings also reflect the implicit and explicit support from its ultimate parent, Tencent Holdings Limited (Tencent).
The upgrade reflects FuSure’s strengthened balance sheet, supported by two rounds of capital injections from shareholders and anticipated additional capital commitments in the medium term, alongside the company’s successful execution of its business plan.
Since its establishment in 2021, FuSure has focused on building its presence in health reinsurance in the Greater China region while leveraging Tencent’s support in business development, product innovation, and distribution.
While health reinsurance remains its core business, FuSure has been diversifying across product lines, geographies, distribution channels, and client segments, including expansion into long-term health reinsurance and commercial property business.
The company’s strong balance sheet is supported by risk-adjusted capitalisation at the strongest level as of year-end 2025 and in projected years, as measured by Best’s Capital Adequacy Ratio. Additional supporting factors include its diversified and liquid investment portfolio, mainly in fixed income and cash equivalents, and a conservative reinsurance strategy with high-credit-quality retrocessionaires.
FuSure has delivered positive operating performance since its second year of operation and continues to execute its business plan with discipline, consistently meeting its budgeted bottom line, supported largely by stable investment income from its fixed-income portfolio.
AM Best expects FuSure to continue benefiting from its parent group through both explicit capital support and implicit advantages, including competitive strengths in health product design and pricing sophistication.
-- BERNAMA
The outlook of these credit ratings (ratings) is stable, reflecting FuSure’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
According to AM Best in a statement, the ratings also reflect the implicit and explicit support from its ultimate parent, Tencent Holdings Limited (Tencent).
The upgrade reflects FuSure’s strengthened balance sheet, supported by two rounds of capital injections from shareholders and anticipated additional capital commitments in the medium term, alongside the company’s successful execution of its business plan.
Since its establishment in 2021, FuSure has focused on building its presence in health reinsurance in the Greater China region while leveraging Tencent’s support in business development, product innovation, and distribution.
While health reinsurance remains its core business, FuSure has been diversifying across product lines, geographies, distribution channels, and client segments, including expansion into long-term health reinsurance and commercial property business.
The company’s strong balance sheet is supported by risk-adjusted capitalisation at the strongest level as of year-end 2025 and in projected years, as measured by Best’s Capital Adequacy Ratio. Additional supporting factors include its diversified and liquid investment portfolio, mainly in fixed income and cash equivalents, and a conservative reinsurance strategy with high-credit-quality retrocessionaires.
FuSure has delivered positive operating performance since its second year of operation and continues to execute its business plan with discipline, consistently meeting its budgeted bottom line, supported largely by stable investment income from its fixed-income portfolio.
AM Best expects FuSure to continue benefiting from its parent group through both explicit capital support and implicit advantages, including competitive strengths in health product design and pricing sophistication.
-- BERNAMA
BLACKSTONE CLOSES LARGEST ASIA PRIVATE EQUITY FUND AT US$13.1 BLN
KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)
The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.
“We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles,” said Blackstone Private Equity Strategies Global Head, Joe Baratta in a statement.
Meanwhile, Blackstone Private Equity Head of Asia, Amit Dixit said: “We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-orientated strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”
The firm invested more than US$7 billion across 12 transactions in the region over the past 24 months.
The investments include Neysa, a fast-growing Indian artificial intelligence cloud platform; TechnoPro, Japan's leading specialised engineering services provider; and JUNO, South Korea's top hair salon franchise.
Blackstone also completed 15 exits during the same period, including the listings of International Gemological Institute and Aadhar Housing Finance, as well as its exit from Alinamin Pharmaceutical in Japan.
-- BERNAMA
The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.
“We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles,” said Blackstone Private Equity Strategies Global Head, Joe Baratta in a statement.
Meanwhile, Blackstone Private Equity Head of Asia, Amit Dixit said: “We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-orientated strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”
The firm invested more than US$7 billion across 12 transactions in the region over the past 24 months.
The investments include Neysa, a fast-growing Indian artificial intelligence cloud platform; TechnoPro, Japan's leading specialised engineering services provider; and JUNO, South Korea's top hair salon franchise.
Blackstone also completed 15 exits during the same period, including the listings of International Gemological Institute and Aadhar Housing Finance, as well as its exit from Alinamin Pharmaceutical in Japan.
-- BERNAMA
EXPEREO REPORT: FIRMS RUSH INTO AI INVESTMENT AMID ROI CONCERNS
KUALA LUMPUR, June 3 (Bernama) -- Expereo, a managed Network as a Service provider, stated that enterprise artificial intelligence (AI) spending is rising rapidly as organisations race to deploy the technology faster than they can assess its effectiveness.
According to the latest IDC InfoBrief commissioned by Expereo, about 70 per cent of organisations are investing in AI, driven by its potential and concerns about falling behind competitors, although many continue to lag in disciplined return on investment (ROI) evaluation.
In a statement, Expereo said one in five organisations (20 per cent) admitted they were investing aggressively in AI with limited evaluation, largely due to fears of being left behind.
Based on a survey of 800 technology leaders across Europe, the United States and Asia Pacific (APAC), the report found that AI has become one of the world's top technology investment priorities, with 51 per cent of organisations saying they plan to prioritise AI or machine learning over the next 12 months.
However, returns have yet to match expectations. Only 19 per cent of organisations surveyed said their AI implementations had exceeded expectations, while just five per cent reported significantly exceeding them.
The most frequently cited reasons for underperformance were inadequate or poor-quality training data (51 per cent), higher-than-expected costs or failure to achieve ROI (47 per cent), and AI systems not performing as expected (46 per cent).
The report also highlighted a network and infrastructure readiness gap. Among organisations whose AI implementations failed to meet expectations, 26 per cent cited inadequate network or connectivity performance as a contributing factor. Looking ahead, 54 per cent said they would require more flexible and scalable networks to thrive in an AI-driven environment.
The pressure to invest is most pronounced in APAC, where 37 per cent of organisations admitted investing aggressively in AI due to fears of being left behind, nearly double the global average and significantly higher than the United States (10 per cent) and Europe (13 per cent).
APAC also leads in AI adoption, with 35 per cent of organisations reporting extensive AI use across their operations, compared with a global average of 25 per cent.
The survey also found growing concerns over the long-term risks of AI investment. Some 54 per cent of technology leaders cited new security risks as a significant future threat, while 39 per cent expressed concern about losing visibility over AI-related costs and ROI once the technology becomes embedded across the business.
-- BERNAMA
According to the latest IDC InfoBrief commissioned by Expereo, about 70 per cent of organisations are investing in AI, driven by its potential and concerns about falling behind competitors, although many continue to lag in disciplined return on investment (ROI) evaluation.
In a statement, Expereo said one in five organisations (20 per cent) admitted they were investing aggressively in AI with limited evaluation, largely due to fears of being left behind.
Based on a survey of 800 technology leaders across Europe, the United States and Asia Pacific (APAC), the report found that AI has become one of the world's top technology investment priorities, with 51 per cent of organisations saying they plan to prioritise AI or machine learning over the next 12 months.
However, returns have yet to match expectations. Only 19 per cent of organisations surveyed said their AI implementations had exceeded expectations, while just five per cent reported significantly exceeding them.
The most frequently cited reasons for underperformance were inadequate or poor-quality training data (51 per cent), higher-than-expected costs or failure to achieve ROI (47 per cent), and AI systems not performing as expected (46 per cent).
The report also highlighted a network and infrastructure readiness gap. Among organisations whose AI implementations failed to meet expectations, 26 per cent cited inadequate network or connectivity performance as a contributing factor. Looking ahead, 54 per cent said they would require more flexible and scalable networks to thrive in an AI-driven environment.
The pressure to invest is most pronounced in APAC, where 37 per cent of organisations admitted investing aggressively in AI due to fears of being left behind, nearly double the global average and significantly higher than the United States (10 per cent) and Europe (13 per cent).
APAC also leads in AI adoption, with 35 per cent of organisations reporting extensive AI use across their operations, compared with a global average of 25 per cent.
The survey also found growing concerns over the long-term risks of AI investment. Some 54 per cent of technology leaders cited new security risks as a significant future threat, while 39 per cent expressed concern about losing visibility over AI-related costs and ROI once the technology becomes embedded across the business.
-- BERNAMA
JAPAN LIFE INSURERS’ REINSURANCE USE MORE THAN DOUBLED SINCE 2020 - AM BEST
KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.
According to Best’s Special Report, “Japan Life Insurers Increase Use of Reinsurance,” the implementation of the Japan Insurance Capital Standard, or J-ICS, at the end of March 2026 has prompted insurers to increase their use of reinsurance as solvency ratios become more sensitive to interest-rate movements, asset-liability mismatches, policy lapses, and longevity and mortality risks.
“Japanese life insurers have been increasingly using asset-intensive reinsurance to transfer investment, longevity, and insurance risks from capital-intensive annuity and long-term life insurance blocks to third-party reinsurers ahead of the implementation of J-ICS.
“The maturity and size of Japan’s life/annuity insurance market make it an attractive opportunity for reinsurers providing asset-intensive reinsurance solutions,” said AM Best senior industry research analyst, Cynthia Ang in a statement.
According to the report, the heightened activity has led to a sharp increase in reinsurance leverage, with the industry aggregate rising to 14.8 per cent at the end of 2024 from 4.8 per cent in 2020. The metric measures reinsurance ceded as a percentage of capital and surplus.
AM Best's analysis showed that Dai-ichi Frontier Life Insurance Co, Prudential Gibraltar Financial Life Insurance, and MetLife Insurance K.K. each recorded reinsurance leverage ratios exceeding 500 per cent in 2024.
While only an estimated one to two per cent of total in-force individual life insurance and annuity business was ceded to reinsurers in fiscal years 2023 and 2024, cessions are expected to increase as asset-intensive and offshore reinsurance become more widely used by Japanese life insurers.
Japan’s Financial Services Agency is tightening oversight of such transactions due to concerns over private equity involvement, asset liquidity, and complex cross-border collateral arrangements, the report said.
-- BERNAMA
According to Best’s Special Report, “Japan Life Insurers Increase Use of Reinsurance,” the implementation of the Japan Insurance Capital Standard, or J-ICS, at the end of March 2026 has prompted insurers to increase their use of reinsurance as solvency ratios become more sensitive to interest-rate movements, asset-liability mismatches, policy lapses, and longevity and mortality risks.
“Japanese life insurers have been increasingly using asset-intensive reinsurance to transfer investment, longevity, and insurance risks from capital-intensive annuity and long-term life insurance blocks to third-party reinsurers ahead of the implementation of J-ICS.
“The maturity and size of Japan’s life/annuity insurance market make it an attractive opportunity for reinsurers providing asset-intensive reinsurance solutions,” said AM Best senior industry research analyst, Cynthia Ang in a statement.
According to the report, the heightened activity has led to a sharp increase in reinsurance leverage, with the industry aggregate rising to 14.8 per cent at the end of 2024 from 4.8 per cent in 2020. The metric measures reinsurance ceded as a percentage of capital and surplus.
AM Best's analysis showed that Dai-ichi Frontier Life Insurance Co, Prudential Gibraltar Financial Life Insurance, and MetLife Insurance K.K. each recorded reinsurance leverage ratios exceeding 500 per cent in 2024.
While only an estimated one to two per cent of total in-force individual life insurance and annuity business was ceded to reinsurers in fiscal years 2023 and 2024, cessions are expected to increase as asset-intensive and offshore reinsurance become more widely used by Japanese life insurers.
Japan’s Financial Services Agency is tightening oversight of such transactions due to concerns over private equity involvement, asset liquidity, and complex cross-border collateral arrangements, the report said.
-- BERNAMA
INSTRUQT REPORT FINDS 92 PCT FACE DEVELOPER ADOPTION CHALLENGES
KUALA LUMPUR, June 3 (Bernama) -- Instruqt has released its annual report, The State of Developer Adoption, revealing that 92 per cent of respondents face at least one significant developer adoption challenge.
According to Instruqt in a statement, the most cited causes are misalignment across teams (27 per cent), technology complexity (26 per cent), and the difficulty of keeping content accurate as products ship weekly (25 per cent).
The report is the first independent benchmark examining how marketing, sales and education teams are responding to the widening gap between the pace of artificial intelligence (AI) feature releases and the pace at which customers can adopt them.
Based on a SlashData 2026 survey involving 424 marketing, sales and developer education practitioners at North American software companies, the report found that organisations using hands-on learning experiences were approximately 50 per cent more likely to report developers reaching productivity within two months than those that did not.
The findings also point to a structural shift in how business-to-business (B2B) software companies need to operate as AI adoption accelerates.
Other notable findings include developer communities remaining the most underutilised adoption lever, high-impact pre-sales experiences being underused, differing definitions of successful hands-on experiences across teams, and growing AI adoption despite declining confidence in some applications.
For developer-focused software companies, the report suggests that customer adoption is becoming an increasingly important determinant of growth as innovation cycles accelerate.
As part of broader adoption strategies, many fast-growing software companies have invested heavily in hands-on education, self-paced labs, interactive product experiences and developer enablement programmes.
Earlier this month, Google Cloud Security selected Instruqt to launch its Agentic SOC experience at Google Cloud Next 2026, training 50 practitioners in a single workshop with a dedicated Vertex AI environment for each participant.
-- BERNAMA
According to Instruqt in a statement, the most cited causes are misalignment across teams (27 per cent), technology complexity (26 per cent), and the difficulty of keeping content accurate as products ship weekly (25 per cent).
The report is the first independent benchmark examining how marketing, sales and education teams are responding to the widening gap between the pace of artificial intelligence (AI) feature releases and the pace at which customers can adopt them.
Based on a SlashData 2026 survey involving 424 marketing, sales and developer education practitioners at North American software companies, the report found that organisations using hands-on learning experiences were approximately 50 per cent more likely to report developers reaching productivity within two months than those that did not.
The findings also point to a structural shift in how business-to-business (B2B) software companies need to operate as AI adoption accelerates.
Other notable findings include developer communities remaining the most underutilised adoption lever, high-impact pre-sales experiences being underused, differing definitions of successful hands-on experiences across teams, and growing AI adoption despite declining confidence in some applications.
For developer-focused software companies, the report suggests that customer adoption is becoming an increasingly important determinant of growth as innovation cycles accelerate.
As part of broader adoption strategies, many fast-growing software companies have invested heavily in hands-on education, self-paced labs, interactive product experiences and developer enablement programmes.
Earlier this month, Google Cloud Security selected Instruqt to launch its Agentic SOC experience at Google Cloud Next 2026, training 50 practitioners in a single workshop with a dedicated Vertex AI environment for each participant.
-- BERNAMA
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