Media OutReach
PSB Academy launches S$2.1m Beyond60 initiative to fully fund education scholarships for 30 recipients selected through the Singapore Centre for Social Enterprise, raiSE, United Women Singapore, and Care Corner Singapore
Joint efforts to champion greater inclusivity and access to education including for youths at risk, workforce pursuing social causes and women pursuing Science, Technology, Engineering, and Mathematics (STEM) align with SG60’s theme of “Building Our Singapore Together”
SINGAPORE – Media OutReach Newswire – 15 May 2025 – PSB Academy (PSBA), Singapore’s leading private education institution (PEI), today announced its over S$2.1 million initiative as it spearheads advocacy for education to be inclusive, and to provide equal opportunities for all. This is in celebration of Singapore’s 60th birthday which focuses on shared values such as boldness, resilience, and openness to unite and progress against the odds over the past six decades. It embodies PSBA’s Beyond60 commitment, empowering individuals to look forward, craft their future, and truly “write your own next 60”.
Through the PSB Academy Beyond60 Scholarships initiative PSBA and its university partners will award full scholarships to up to 30 deserving recipients selected by the Singapore Centre for Social Enterprise, raiSE Ltd (raiSE), and United Women Singapore (UWS), and Care Corner Singapore. The scholarships will cover the course of their educational programme which may range from six months to four years, depending on the course selected.
The Scholarships for raiSE social enterprises aim to strategically strengthen capabilities of leaders within the sector, enabling a multiplier effect that deepens and scales the positive impact on the communities they empower. The partnership with UWS will provide young women from local polytechnics the opportunity to pursue higher education in STEM and/or other related disciplines. Similarly, the collaboration with Care Corner will support youths preparing for their N and O Levels, those in Nitec, and at-risk youths, helping them achieve their academic aspirations.
Scholarships will be awarded in multiple tranches for recipients to commence their courses from as early as second half of this year and as late as December 2026.
“PSB Academy, raiSE, UWS, and Care Corner are united by a single, common goal of providing equal opportunities for Singaporeans to progress. We will together identify well-deserving individuals to receive these scholarships, individuals who may otherwise not have the resources to pursue further education to develop their skills and capabilities. As Singapore continues to grow, we must ensure that prosperity extends to more members of the community. It is only when we progress together, that we truly succeed as a society,” said Derrick Chang, Chief Executive Officer, PSB Academy.
Recognising the significant growth in public awareness of social enterprises in Singapore (from 13% in 2010[1] to 72% by 2020[2]), raiSE aims to inspire a wider adoption of these impactful business models. Guided by the principle that good business delivers positive impact, empowering leaders is key. These scholarships strategically equip both new and experienced leaders with the essential expertise, strategic foresight, and valuable networks required for impactful development and sustainable expansion within Singapore’s social enterprise landscape.
“raiSE firmly believes that social enterprises represent the future of business. Partnering with PSB Academy on these scholarships is a strategic investment in the human capital driving this change. By enhancing the capabilities of the qualifying Social Enterprise founders, we are directly fueling their ability to build sustainable and impactful businesses that address critical social needs in Singapore,” said Alfie Othman, Chief Executive Officer, raiSE.
“Empowering young women in underrepresented fields like STEM is key to building an inclusive, progressive society. While progress has been made in Singapore, there’s more to do. That’s why partnerships like ours with PSB Academy are so important – we’re closing the gap by equipping young women with the tools, access, and confidence to thrive,” said Tan Ching Ne, President of United Women Singapore.
“Some young people take longer to discover their aspirations or may not thrive within conventional academic routes. This collaboration offers them a crucial second chance — an alternate pathway to pursue higher education and build a better future for themselves. At Care Corner, we believe that with the right support, every youth has the potential to thrive. We hope this scholarship will open doors for those who simply need an opportunity to catch up, keep going, and dream big.” said Christian Chao, Chief Executive Officer, Care Corner Singapore.
In 2023, around 17,000 youth[3], aged 15 to 24, in Singapore were not in school, work or training.
Later this year, PSBA will organise a celebration to officially recognise and award scholarships to the recipients.
All certifications and Diplomas offered by PSBA, as well as Bachelor’s and Master’s degrees by the Academy’s university partners are from the United Kingdom, Australia, and New Zealand. This includes Coventry University, University of Hertfordshire, Edinburgh Napier University, La Trobe University, the University of Newcastle Australia, Edith Cowan University, and Massey University.
Applications for scholarships through raiSE, UWS, and Care Corner are now open and will close 31 December 2025. Interested applicants are encouraged to contact raiSE, UWS, and Care Corner directly to learn more about eligibility requirements and the application process.
Building upon its legacy of 60 years of excellence, PSBA celebrated its Diamond Jubilee Anniversary last year by supporting over 2,000 adult learners in Singapore with more than S$3.5 million in Diamond Jubilee Education Grants for upskilling and reskilling.
In the coming months, PSBA will be hosting a series of public engagement activities to cultivate a more inclusive and accessible learning environment. These activations will invite all members of the public to participate in hands-on experiences across the various disciplines offered at the Academy. By fostering greater community involvement, the Academy aims to showcase the core values of accessibility and inclusivity that define it as Asia’s Future Academy. Further details regarding these activities will be provided in due course.
In April 2025, PSBA unveiled its third city campus in Singapore at The Cathay as well as inking an Memorandum of Understanding to offer industry-relevant programmes in collaboration with Coventry University and COSEM, a cooperative of Singapore Civil Defence Force (SCDF) to train more paramedicine professionals to address the nation’s ricing emergency call volumes and workforce shortages.
Hashtag: #PSBAcademy
The issuer is solely responsible for the content of this announcement.
About PSB Academy
As one of Singapore’s leading private education institutions, PSB Academy proudly celebrated its 60th anniversary in 2024, marking a heritage of six decades dedicated to shaping more than 200,000 learners.
Established in 1964 under Singapore’s Economic Development Board, and later the Productivity and Standards Board, PSB Academy was founded to enhance the knowledge and skills of Singapore’s workforce. Our approach to education focuses on what truly matters: performance in the New Economy. We are dedicated to providing quality education that nurtures future-ready graduates equipped with the skills and tools necessary to thrive in a digitally-driven world.
PSB Academy campuses include three dynamic locations, with the newly added Cathay Campus at the iconic building of The Cathay at the buzzing Orchard Road, alongside its City Campus comprising the Main Wing and STEM Wing at Marina Square Shopping Mall. The learning spaces in the heart of the city connect students globally through a collaborative learning and networking environment that enables them to be agile innovators and contributors to society.
With a robust network of industry partners, PSB Academy ensures our students are well-prepared for the workforce. Today, we host over 20,000 students from more than 50 nationalities, offering a comprehensive slate of certificate, diploma, degree, and short courses.
As we commemorate this milestone, we remain dedicated to uncovering the diamonds within each learner, continuing our legacy of excellence and innovation for many more years to come.
About raiSE
The Singapore Centre for Social Enterprise, raiSE Ltd (“raiSE”) is the leading national body and ecosystem developer driving the growth and impact of Singapore’s vibrant Social Enterprise sector. Championing the belief that Social Enterprises represent the future of businesses, raiSE serves as a vital nexus, connecting diverse stakeholders across the ecosystem and empowering aspiring and established Social Enterprises by delivering a comprehensive suite of holistic support. This encompasses vital funding, tailored capacity building, expert mentorship, essential resources, and impactful networking platforms, ultimately fostering social innovation and accelerating the journey towards sustainable positive change in Singapore. For more information, please visit www.raise.sg
About United Women Singapore
United Women Singapore (UWS) is a local non-profit organisation that advances women’s empowerment and gender equality, and they build a pipeline of women leaders and influencers in Singapore. The organisation works towards narrowing the gender equality gap through education and raising awareness and advocacy on issues such as anti-violence and women’s empowerment, with the support of key stakeholders including corporate partners, government agencies, academia, the diplomatic community, nonprofits and community groups and the wider community.
Find out more at www.uws.org.sg
About Care Corner Singapore
Established in 1981, Care Corner is a non-profit organisation providing social and health care services to build hope and promote well-being for those in need. With more than 45 service points across Singapore, we help children with special learning needs or from disadvantaged backgrounds, youths at risk, troubled families, vulnerable seniors, and individuals with counselling and mental health needs. Woven into the fabric of our community, we aim to provide a holistic continuum of care to the marginalised across their life stages and major transitions.
Learn more at www.carecorner.org.sg
Media OutReach
Zuellig Pharma Reinforces Commitment to Japan through Its New Misato Depot, Advancing Clinical Logistics and Sourcing Excellence
Medical innovation across the region continues to accelerate, with China, India, Australia, Japan, South Korea, Taiwan and Singapore emerging as key pillars of Asia Pacific’s clinical trial ecosystem over the past five years[1]. Against this backdrop, the move in Japan reinforces Zuellig Pharma’s commitment to supporting sponsors and clients with reliable, compliant and seamless access to Japan – advancing its broader mission to make healthcare more accessible.
The new depot will bring together Zuellig Pharma’s established knowledge assets, operational excellence, and clinical logistics and sourcing expertise. Backed by a highly experienced and expert-led local team, the depot delivers precision project management tailored to Japan’s intricate regulatory and logistical requirements, while enabling smoother coordination for multi-market studies as the clinical landscape continues to evolve.
“As sponsors and clients increasingly run multi-market studies, they need clinical supply partners that can deliver consistency across borders while navigating local complexity,” said John Graham, Chief Executive Officer, Zuellig Pharma. “This relocated depot will strengthen access to Japan within our regional network, helping us execute with greater reliability, compliance, and speed across the region.”
The Misato clinical depot will also provide a streamlined, turnkey solution for global sponsors seeking rapid and compliant market entry into Japan. Sponsors will benefit from the same rigorous operational excellence, regulatory adherence, and service consistency delivered by Zuellig Pharma’s strategic network of clinical depots, without the overhead of building or managing costly standalone facilities. This milestone supports Zuellig Pharma’s ongoing efforts to accelerate clinical development and improve patient access to innovative therapies across Asia Pacific.
With this strategic move, Zuellig Pharma further strengthens its position as a trusted partner for global clinical development, combining scale, expertise, and agility whilst delivering high-quality, compliant clinical logistics and sourcing solutions across Asia Pacific.
Hashtag: #ZuelligPharma #ClinicalTrials #ClinicalResearch #Healthcare #Pharmaceuticals #ColdChain #Logistics
https://www.zuelligpharma.com/
https://www.linkedin.com/company/zuellig-pharma
The issuer is solely responsible for the content of this announcement.
About Zuellig Pharma
Zuellig Pharma is a leading healthcare solutions company in Asia, and our purpose is to make healthcare more accessible to the communities we serve. We provide world-class distribution, commercialization, and clinical trial support services, underpinned by a strong culture of innovation to support the growing healthcare needs in this region. The company was founded a hundred years ago and has grown to become a multibillion-dollar business covering 18 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.
- Contractor Sentiment Survey shows 70% of respondents expect improved market conditions in 2026
- Office fit out costs diverge across the region with Japan and Taipei posting largest year-on-year increases while costs in Hong Kong held steady
HONG KONG SAR – Media OutReach Newswire – 26 March 2026 – Cushman & Wakefield’s Asia Pacific Office Fit Out Cost Guide 2026 highlights a clear shift in regional market dynamics, with sentiment strengthening and activity levels improving across several key markets. Contractor confidence has risen year-on-year, with 70% of the respondents to the firm’s annual Contractor Sentiment Survey anticipating improved conditions in 2026. This positive sentiment is further supported by the stronger‑than‑expected 92 million square feet of office absorption in 2025 and a tightening construction pipeline outside India.
Of the 180 survey respondents, nearly two thirds reported project backlogs of around six months, reflecting improving project delivery conditions across the region. While Japan and Indonesia remain outliers with longer backlogs, most markets expect stabilisation or slight improvement in delivery timelines in 2026. This alignment between contractor sentiment and strengthening occupier demand points to a more balanced and active project environment emerging across Asia Pacific.
Ranee Ng, Executive Director, Head of Project & Development Services, Hong Kong said: “As Hong Kong’s property market evolves, occupiers are seeking practical, scalable fit out strategies that deliver efficiency in high density environments. There is a clear shift toward flexible designs that can rapidly adapt to changing workforce behaviours and policy updates, while demand for sustainable materials, energy efficient construction and smart building technologies is accelerating innovation. These trends are creating a more resilient fit out ecosystem where disciplined cost management and value driven delivery allow clients to achieve compelling performance outcomes without sacrificing quality.”
Fit Out Cost Movements (YoY, 2025 → 2026)
The 2026 Guide reported a divergence in city level fit out costs (measured in USD per sq ft) across the region:
- Costs rising: Japan and Taipei posted the largest year-on-year increases
(Tokyo: USD 215 vs USD 195; Taipei: USD 145 vs USD 110) - Costs easing: Mainland China and South Korea saw declines
(Shenzhen: USD 87 vs USD 94; Seoul: USD 130 vs USD 156) - Costs steady: Singapore (USD 140) and Hong Kong (USD 160) remained largely unchanged
- Best value: India remains the region’s most cost competitive market, with most major cities ranging USD 65–73 per sq ft
These cost movements reflect evolving local construction dynamics and broader economic adjustments influencing material, labour and delivery markets across Asia Pacific.
APAC Office Market Dynamics
Even as office demand across APAC surged in 2025, Cushman & Wakefield also noted a substantial contraction in new office supply outside India. Development pipelines have moderated sharply due to rising construction costs and reduced project feasibility, intensifying competition for prime space. As supply tightens, vacancy rates in high quality buildings – particularly in core CBD locations – are expected to trend lower, reinforcing the ongoing flight to quality amongst occupiers.
Report author and Head of International Research, APAC & EMEA, Dr. Dominic Brown said: “After a resilient 2025, the Asia Pacific office market is now transitioning into a more stable phase, supported by a gradual return of business confidence. Coupled with the tightening supply pipeline outside India, which is reshaping the competitive landscape for high quality space, these collective shifts indicate a meaningful turning point for the region in 2026, with both occupiers and investors positioned for renewed momentum.”
Notes:
- Data and pricing benchmarks in the guide reflect market conditions as of December 2025. For insights on the Middle East conflict, please refer to Cushman & Wakefield’s Middle East Conflict: Implications for Energy, Inflation, and CRE.
- Cushman & Wakefield publishes Office Fit Out Cost Guides for APAC, EMEA and the Americas, which are all available [here].
Hashtag: #CushmanWakefield
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (
www.linkedin.com/company/cushman-&-wakefield-greater-china).
Media OutReach
Tintri and Platform9 Announce Joint Solution for containerized and hypervisor-based workloads.
New all-in-one platform to help businesses develop and deploy at scale with maximum ROI
CHATSWORTH, US – Media OutReach Newswire – 25 March 2026 – Tintri, the innovator in workload-aware, AI-powered data management, and Platform9, the leader in simplifying enterprise private clouds, today announced a strategic partnership to deliver a bundled AI-ready infrastructure solution that streamlines deployment and reduces operational costs. The out-of-the-box offering makes it simple for enterprises to stand up and scale modern AI systems without the complexity of traditional stacks.
The Problem: AI Is Getting Expensive
Running AI to process and analyze data in real time, requires moving enormous amounts of data at extremely high speeds. Existing infrastructure wasn’t built to manage the sheer volume and velocity of data required for on-demand inferencing and ongoing model training, ultimately causing slowdowns and driving up operational costs. Tintri and Platform9 directly addresses these critical bottlenecks in the by cutting the cost per AI transaction, as low as possible.
What’s in the New Platform
The new offering has two main parts:
1. A powerful data center component built on standard server hardware that can run multiple types of virtual machines and containerized applications side-by-side, without resource impacts. Tintri’s patented technology monitors each application individually, making sure the most critical ones always get the resources they need.
2. An edge AI component designed for capturing real-time data to continuously learn and update inference models.
A core component of the platform is Tintri VMstore, which uniquely runs multiple virtualization platforms and Kubernetes (the industry-standard system for managing containerized applications) all within the same platform. This is a significant differentiator: most competing solutions require separate infrastructure for each. Tintri’s patented technology observes each application individually and guarantees real-time resource delivery, even when the system is under heavy load. This eliminates the “noisy neighbor” problem, where resource-intensive applications steal resources and slow down everything else.
Why It Matters
Many companies today have AI running in multiple locations, either in a central data center, as well as out in the field on cameras, sensors, or other devices. Managing all of that separately is complex and expensive. This new platform unifies the entire setup under one management system (provided by Platform9), so IT teams spend less time juggling tools and more time moving their business forward.
Available now through Tintri’s global network of authorized partners, Phil Trickovic, Senior Vice President of Tintri said:“This launch represents a major milestone in our commitment to providing intelligent, autonomous infrastructure. We’re giving customers the exact tools they need to conquer the complexities of modern AI and edge computing, all while driving down operational costs.”
Hashtag: #Tintri #Platform9
The issuer is solely responsible for the content of this announcement.
About Tintri
Tintri delivers the industry’s only workload-aware, AI-powered data management platform, built specifically for virtualized and containerized workloads. Its VMstore platform autonomously manages data at the level of individual VMs, containers, and databases; providing per-workload automation, guaranteed QoS, and predictive analytics that eliminate routine tuning and troubleshooting. Recognized for this innovative approach, Tintri was named “Overall Data Storage Company of the Year” in the 2025 Data Breakthrough Awards. Learn more at tintri.com.
About Platform9
Platform9 is the leader in simplifying enterprise private clouds. The company’s flagship product, Private Cloud Director, has all of VMware’s enterprise-grade features today along with private cloud features for the future. Platform9 was founded by a team of VMware cloud pioneers and has over tens of thousands of nodes in production at some of the world’s largest enterprises. Platform9 is an inclusive, globally distributed company backed by prominent investors, committed to driving private cloud innovation and efficiency. For more information, go to: https://platform9.com/.
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