Media OutReach
MYCentre4IR And World Economic Forum Position ASEAN As Global Voice In The Intelligent Age
The Co-Hosted With The World Economic Forum, The Summit Is Set To Launch Regional Initiatives on Sustainable and Safe AI and the Transitioning Industrial Cluster
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 October 2025 – The Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) together with the World Economic Forum (WEF) will co-host the Powering the Intelligent Age: Driving Innovation with Southeast Asia and Beyond Summit, taking place on 28 October 2025 at Sasana Kijang, Kuala Lumpur. The Summit marks a key moment under the ASEAN-Malaysia Chairmanship 2025, bringing together policymakers, business leaders, technologists and academics to define how the region will navigate the Intelligent Age through common rules, scalable pilots, and cross-border partnerships.
Innovation will take centre stage as the catalyst to drive growth and collaboration across Southeast Asia and globally. Specifically, the focus will be on advancing shared frameworks for AI governance, clean industrial pathways and inclusive digital growth, ensuring that the region not only adapts to the Intelligent Age but also leads in setting global standards for innovation and cooperation. The Summit’s programme is designed to move from high-level perspectives to concrete initiatives, providing both policy direction and practical pathways for implementation.
“Malaysia is proud to advance with our fellow ASEAN nations into the Intelligent Age. Our partnership and joint efforts go beyond technology implementation; we are instead focused on shaping an inclusive and resilient future for the people of ASEAN. Together, through focused efforts on AI governance, clean industry, and energy transition, we are ensuring that innovation uplifts every community and positions our region as a global leader,” said Minister of Digital, YB Gobind Singh Deo.
The Intelligent Age signals a shift beyond the Fourth Industrial Revolution, where AI and converging technologies are reshaping societies, economies and industries in real time. With adoption accelerating and risks already evident, ASEAN is positioning itself as a convener to ensure innovation becomes a driver of inclusive growth, trusted governance and sustainable energy transition.
MYCentre4IR’s partnership with the WEF and being part of its global 4IR network adds further avenues for Malaysia to align its digital and energy initiatives with international best practices and frameworks, in turn expanding networks for ASEAN’s broader efforts in these areas.
The Summit will also feature high-level participation and showcase regional initiatives. YB Gobind Singh Deo will deliver the Opening Remarks, followed by a Keynote Address by ASEAN Secretariat. The Minister will also join the Leaders Dialogue: Malaysia’s AI Ambitions moderated by Cathy Li, Head of the Centre for AI Excellence, WEF.
In addition, the event will highlight key initiatives such as the ASEAN AI Safety Network (ASEAN AI SAFE), the Sustainable AI White Paper, and the Transitioning Industrial Clusters (TIC) initiative. Spearheaded by Malaysia, the ASEAN AI SAFE will serve as a regional platform to institutionalise AI governance and ethics, aligned with the ASEAN Responsible AI Roadmap (2025–2030). It aims to harmonise AI safety policies, promote responsible AI adoption, and foster collaboration across governments, industry, academia, and civil society, while also connecting with global AI safety institutes. A formal declaration is expected at the 47th ASEAN Leaders Summit in October 2025, ahead of its operational launch in 2026.
Meanwhile, TIC will make its official debut at the World Economic Forum Annual Meeting in Davos in January 2026, marking Sarawak’s entry onto the global stage. The summit’s discussions will also cover crucial topics such as industrial transformation, digitalisation and ESG, resilient ecosystems and regional energy cooperation, including the ASEAN Power Grid and nuclear readiness.
Jeremy Jurgens, Managing Director , World Economic Forum, said:”The Intelligent Age will be defined not only by the technologies we create, but by the responsibility we share in how they are applied. The World Economic Forum, through its 4IR Network, is proud to support ASEAN in bringing together government, industry and academia to shape trusted AI governance and drive industrial transformation that benefits all.”
The Powering the Intelligent Age Summit will set the stage to move from principles to implementation, driving innovation that resonates within Southeast Asia and extends its influence globally. By translating policy into action and regional adoption, the Summit will highlight how Malaysia and ASEAN can pioneer AI governance, clean industry transitions, and inclusive digital ecosystems. In doing so, the region would strengthen its competitiveness and also contribute to shaping global standards and charting pathways towards a more innovative, sustainable and connected future for all. To know more, visit https://www.centre4ir.my/poweringintelligentage .
Hashtag: #WorldEconomicForum
The issuer is solely responsible for the content of this announcement.
About World Economic Forum
The World Economic Forum (WEF) is the International Organisation for Public-Private Cooperation. It engages leaders from government, business, academia, and civil society to shape global, regional, and industry agendas. Headquartered in Geneva, Switzerland, the Forum is committed to improving the state of the world by fostering dialogue, driving systems change, and advancing solutions on critical global issues including energy transition, climate action, technology governance, and inclusive economic development.
About Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR)
Hosted by MyDIGITAL Corporation, the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) is part of the World Economic Forum (WEF) global network of Centre 4IR. It is the 1st centre in Southeast Asia and 19th in WEF’s global network of Centre for Fourth Industrial Revolution. It is a dynamic and forward-thinking platform designed to ignite innovation, facilitate policy development, and drive collaboration on a global scale. The partnership with the Forum provides access and connection to a vast pool of knowledge, best practices, and global insights from a network of like-minded organisations and countries, enabling learning and collaboration on cutting-edge projects.
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About Transitioning Industrial Clusters (TIC)
The Transitioning Industrial Clusters (TIC) initiative was first introduced by the World Economic Forum (WEF) as a global framework to accelerate the energy transition and digital transformation of industries. In Malaysia, TIC is driven by the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) hosted by MyDIGITAL Corporation, in collaboration with WEF and local partners, positioning the country as a regional leader and testbed for industrial transformation.
TIC enables industries to adopt advanced technologies such as digital twins, data platforms, and artificial intelligence to decarbonise operations while unlocking new opportunities for competitiveness, innovation, and sustainability.
Malaysia’s first pilot, TIC Sarawak in Bintulu, focuses on petrochemical and resource-intensive industrial clusters. Leveraging Sarawak’s role as a key energy producer, the pilot integrates clean energy solutions with digital technologies to reduce emissions, optimise efficiency, and strengthen regional and national competitiveness. Insights from TIC Sarawak will serve as measurable, replicable, and scalable playbooks that can be applied across industries and regions, supporting Malaysia’s national priorities under the NETR, MDEB, NIMP and RMK13 while advancing ASEAN’s collective climate and innovation agenda.
Through TIC and its pilots, Malaysia is contributing to a global movement championed by WEF to build a more sustainable, innovative, and resilient future by laying the foundation for leadership in the Intelligent Age.
Media OutReach
SIM and the True Worth of Education: Beyond Tuition Fees
Local Public Universities: Affordable and Prestigious
Singapore’s autonomous universities remain among the most cost-effective options for Singapore citizens, thanks to the Ministry of Education’s Tuition Grant. For example, undergraduate programs at NUS and NTU cost around S$8,250 per year for Singaporeans, while SMU averages S$11,500 annually. Other institutions such as SUTD, SUSS and SIT fall within similar ranges, typically between S$8,000 and S$13,500 per year. Over a three- to four-year degree, this translates to roughly S$25,000 to $54,000 in tuition fees.
The autonomous universities offer strong reputations and excellent graduate outcomes, but entry to some programme is highly competitive, and program flexibility may be limited compared to private or overseas options.
Overseas Universities: Prestige Comes at a Price
For families considering an overseas education, costs escalate dramatically. Tuition at U.S. private universities averages US$50,000 to US$60,000 per year (about S$70,000 to S$84,000), with living expenses adding another US$10,000 to US$15,000 annually. In the UK, fees range from £10,000 to £38,000 per year (approximately S$17,000 to $65,000), while Canada and Australia typically charge S$14,000 to $28,000 for tuition alone. Factoring in accommodation, travel, and insurance, a four-year overseas degree can easily exceed S$150,000.
While these programs offer prestige and cultural immersion, they also involve significant financial, visa, and lifestyle considerations.
SIM Global Education: International Degrees at Local Cost
SIM offers a compelling alternative for students seeking global credentials without the high cost of studying abroad. Through partnerships with leading universities from the UK, Australia, the U.S., Canada, and Europe, SIM delivers more than 140 programs in Singapore, allowing students to earn internationally recognized degrees, essentially the same degree if you studied overseas, but locally at SIM. Tuition fees vary by program, for example, a University of London BSc ranges from S$26,685 to S$42,835, a University of Birmingham top-up degree costs S$42,000 to S$57,100, and a degree from the University at Buffalo falls between S$41,700 and S$74,600 for Singaporeans.
Beyond competitive pricing, SIM emphasizes value. Degrees are awarded by partner universities and aligned with global academic standards. The institution holds EduTrust Star certification and ISO accreditation, ensuring the best quality assurance. Students benefit from bond-free scholarships and bursaries, as well as Career Connect services that provide internships, mentoring, and employer networking. Graduate outcomes are strong, with nearly 80% of SIM graduates securing employment within six months of graduation.
Why Value Matters as Much as Cost
Choosing a degree isn’t just about tuition fees, it’s about the total investment, which includes living costs, global recognition, and career outcomes. Local autonomous universities such as NUS, NTU, and SMU remain highly attractive for their subsidized fees and strong reputations, making them one of the most cost-effective options for Singaporeans. However, entry is competitive, and program flexibility may be limited.
On the other end of the spectrum, overseas universities offer prestige and cultural immersion but often come with six-figure costs and additional living expenses. This is where SIM provides a strategic middle ground, delivering internationally recognized degrees from leading global universities at local cost. Students gain access to global curricula, industry-ready skills, and career networks without the financial burden of relocating overseas. For families seeking international exposure at sustainable costs, SIM combines affordability with the value of global education
References:
- NUS Fees for Undergraduate Programmes – https://www.nus.edu.sg/registrar/docs/info/administrative-policies-procedures/ugtuitioncurrent.pdf
- NTU Fees for Undergraduate Programmes – https://www.ntu.edu.sg/docs/default-source/onestop@sac/2025/tuition-fees-ft-ay2025_12mar25.pdf?sfvrsn=b8c5474_1
- SMU Fees for Undergraduate Programmes – https://admissions.smu.edu.sg/financial-matters/tuition-fees-grant
- SUTD Fees for Undergraduate Programmes – https://www.sutd.edu.sg/admissions/undergraduate/education-expenses/fees/tuition-fees/
- SUSS Fees for Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- SIT Fees from Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- Comparison of Tuition Fees in US, UK, Canada and Australia – https://uninist.com/blog/financial-planning/comparison-of-tuition-fees-guide
- How much does college cost in 2025 – https://research.com/universities-colleges/how-much-does-college-cost
- Price of attending undergraduate institutions – https://nces.ed.gov/programs/coe/indicator/cua
- University of London Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=1%7C
- University of Brimingham Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=10%7C
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
A-Level vs Polytechnic: Understanding different pathways offer competitive edge at SIM
Conversely, Polytechnic programmes emphasize applied learning, incorporating projects and industry attachments, and culminate in a diploma after three years. Understanding how these distinct approaches translate into admission considerations at SIM, one of Singapore’s leading private education institutions, is essential.
For students and parents, evaluating these options is critical to determining which pathway offers the greatest advantage in today’s competitive education landscape.
Applying with A-Levels
For students who have completed A-Levels, SIM requires applicants to meet the academic and English language criteria specified for each degree programme. According to SIM’s admissions process, candidates must submit their GCE A-Level certificates and transcripts along with other supporting documents. Entry is subject to programme-specific requirements set by SIM and its universities partner from Australia, Canada, Europe, the United Kingdom, and the United States. This pathway allows applicants to begin their degree studies immediately after junior college, provided they meet the specific entry requirements for their chosen programme.
Applying with a Polytechnic Diploma
Polytechnic graduates may be eligible for advanced standing and credit exemptions when applying to SIM’s degree programmes. The amount of exemption depends on the relevance of the diploma and the chosen degree. For example, IT-related diplomas from local polytechnics can receive up to two years of credit exemptions for certain programmes, such as those offered by the University of Wollongong, provided the applicant meets GPA requirements (typically 2.0 or above). Other diplomas may receive partial exemptions on a case-by-case basis. These exemptions reduce both time and cost, making SIM an attractive option for Polytechnic graduates who want to build on their applied learning experience.
Why It Matters
According to the Ministry of Education (MOE) statistics in 2021, roughly one in three Polytechnic graduates progress to local autonomous universities, compared to about four in five A‑Level and International Baccalaureate graduates. This gap underscores the importance of additional pathways such as SIM, which enable Polytechnic graduates to earn globally recognised degrees and expand their career prospects.
Student Stories: Two Potential Paths to Success at SIM
At SIM, students have the flexibility to shape their academic journey based on their background and career goals. For some, it’s about gaining a head start; for others, it’s about leveraging credit exemptions to fast-track progress. Ashley Ong and Violet Weng exemplify these two pathways, each leading to success in its own way.
Ashley Ong, an A-Level graduate, chose to begin her degree journey with the University at Buffalo Bachelor of Science in Business Administration. She embraced every opportunity SIM offered such as internships, hackathons, and networking events, building practical skills and global perspectives that prepared her for a competitive business world.
Meanwhile, Violet Weng, a Singapore Polytechnic graduate, opted for a different approach. While pursuing her RMIT Bachelor of Business (Economics and Finance), Violet leveraged SIM’s credit exemptions to shorten her study duration and reduce costs, all while working full-time. This flexibility allowed her to balance work and study, accelerate graduation, and advance her career without compromise.
Both stories highlight SIM’s commitment to offering customized pathways for students whether you’re starting fresh or building on prior learning.
Conclusion
Whether you come from an academic route like A-Levels or an applied learning path through Polytechnic, the journey to a degree can look very different. A-Level graduates often enjoy a head start with direct entry, while Polytechnic graduates benefit from credit exemptions that recognize their practical skills. Both pathways reflect Singapore’s evolving education landscape where flexibility and global opportunities matter more than ever.
References:
- MOE Post-Secondary – https://www.moe.gov.sg/post-secondary/
- SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
- SIM-UOW Credit Exemption Table – https://www.sim.edu.sg/getmedia/9c0ad90d-5910-4d47-b044-f815188a4b16/sim002856.pdf
- MOE Education Statistics Digest – https://www.moe.gov.sg/about-us/publications/education-statistics-digest
- Polytechnic graduates progression and subsidies for PEIs – https://www.moe.gov.sg/news/parliamentary-replies/20210510-polytechnic-graduates-progression-and-subsidies-for-peis
- askST: How many uni places are there for Singaporeans? Is there a quota for poly grads? – https://www.straitstimes.com/singapore/how-many-uni-places-for-locals-any-quota-for-poly-grads
- How 6 internships, 4 hackathons, and CCAs paved the way for Ashley – https://www.sim.edu.sg/articles-inspirations/how-6-internships-4-hackathons-and-ccas-paved-the-way-for-ashley
- How this graduate pivoted her career by pursuing a degree while working full time – https://www.sim.edu.sg/articles-inspirations/how-this-graduate-pivoted-her-career-by-pursuing-a-degree-while-working-full-time
Hashtag: #SIMGlobalEducation #SIMGE
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
K. Wah Group Donates Additional HK$12.07 Million for Tai Po Recovery
Chairman Mr. Francis Lui Urges Public to Turn Compassion into Action and Vote 7 December
HONG KONG SAR – Wechat: 嘉华集团 K. Wah Group
https://www.youtube.com/@kwahgroup
The issuer is solely responsible for the content of this announcement.
About K. Wah Group
K. Wah Group was founded in 1955 by Dr. Lui Che Woo and has since grown into a diversified multinational corporation. Its core businesses span property development and investment, integrated resort and entertainment, hospitality, and construction materials.
The Group has a strong presence in Mainland China, Hong Kong, Macau, Southeast Asia, and key international markets. Its major subsidiaries include two Hong Kong-listed flagships: K. Wah International Holdings Limited (HKEX: 00173), focused on premium property development and investment; and Galaxy Entertainment Group Limited (HKEX: 00027), a constituent of the Hang Seng Index and a leading gaming and entertainment operator in Macau. Other key members of the Group include Stanford Hotels International and K. Wah Construction Materials Limited. Today, K. Wah Group comprises over 200 subsidiaries worldwide.
Website:
http://www.kwah.com
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