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Cyberport Venture Capital Forum 2025 Grand Opening

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Cyberport Welcomed 10 Listed Companies and 2 Unicorns over the past year Cyberport Investors Network (CIN) Celebrates 8th Anniversary with a Yearly Threefold Growth Cumulative Funds Surpassed HK$4.2 Billion

HONG KONG SAR – Media OutReach Newswire – 6 November 2025 – The annual flagship event Cyberport Venture Capital Forum 2025 (CVCF) officially opened today at Hong Kong Cyberport. The two-day forum, themed “The Innovation-Venture Nexus: Igniting Transformative Success”, brings together nearly 100 influential global venture capital experts, entrepreneurs, and industry leaders to explore the evolving global venture capital landscape driven by Artificial Intelligence (AI). The forum highlights practical applications and investment opportunities in AI, blockchain, and digital assets, alongside announcements of Cyberport start-ups’ latest funding achievements.

The annual flagship event Cyberport Venture Capital Forum 2025 (CVCF) officially opened today at Hong Kong Cyberport. The two-day forum, themed “The Innovation-Venture Nexus: Igniting Transformative Success”, brings together nearly 100 influential global venture capital experts, entrepreneurs, and industry leaders to explore the evolving global venture capital landscape driven by Artificial Intelligence (AI). The forum highlights practical applications and investment opportunities in AI, blockchain, and digital assets, alongside announcements of Cyberport start-ups’ latest funding achievements.

The annual flagship event Cyberport Venture Capital Forum 2025 (CVCF) officially opened today at Hong Kong Cyberport. The two-day forum, themed “The Innovation-Venture Nexus: Igniting Transformative Success”, brings together nearly 100 influential global venture capital experts, entrepreneurs, and industry leaders to explore the evolving global venture capital landscape driven by Artificial Intelligence (AI). The forum highlights practical applications and investment opportunities in AI, blockchain, and digital assets, alongside announcements of Cyberport start-ups’ latest funding achievements.

The forum was inaugurated by Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, with a welcome remarks by Simon Chan, Chairman of Cyberport. Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; CoFounder of CMGE Technology Group Limited; Chairman of China Prosperity Capital, shared the impressive journey and achievements of CIN over the past eight years. Together with our other distinguished guests, they have officiated the opening ceremony, marking the official start of this global forum.

Professor Sun Dong, Secretary for Innovation, Technology and Industry, stated in his speech, “Hong Kong has climbed three places to rank 4th globally in the latest World Digital Competitiveness Ranking 2025, reflecting our determination and capability to become an international I&T centre. Recognising the potential of AI as a key driver for our future growth, the HKSAR Government continues to strengthen the community’s AI, from upgrading digital infrastructure to establishing our own AI research institute and grooming talents on the AI front. Last year, Cyberport has attracted around 470 enterprises to land here which resonates strongly with Hong Kong’s vision. Beyond merely providing a starting point for start-ups, the Cyberport Macro Fund leverages private capital at a scale of 1:9, connecting Cyberport’s digital entrepreneurs with market capital, enabling projects with potentials to expand by turning R&D breakthroughs into commercial successes. CVCF 2025 also showcases the dynamic lineup of high-potential start-ups within the Cyberport community and demonstrates how Hong Kong stands at the forefront of creativity and technology. This is a launchpad for ventures that aspire not just to succeed locally, but to make waves internationally.”

Simon Chan, Chairman of Cyberport, stated in his speech, “Hong Kong is on track to lead the global IPO market by the end of 2025. As Hong Kong’s digital tech hub, AI accelerator and key incubator, Cyberport continues to strengthen homegrown entrepreneurs and landing enterprises by enhancing their dealmaking capabilities. Through our key investment instruments such as Cyberport Investors Network and Cyberport Macro Fund, alongside signature initiatives like CVCF and comprehensive entrepreneurship programmes, Cyberport has driven pivotal capital from global investors to springboard high-potential start-ups to success. Despite a challenging global investment environment over the past year, our start-ups raised HK$3.4 billion over the past year. This year’s CVCF will focus on thriving VC markets, such as the Middle East, ASEAN, and Chinese Mainland, leveraging opportunities arising from the Belt and Road countries and regions, to play the important roles as a “super-connector” and “super value-adder” in connecting the Chinese Mainland and the global markets.”

Strong Fundraising Performance by Cyberport Start-ups, AI, Blockchain, and Digital Assets in the Spotlight

Despite global challenges in the venture capital environment over the past year, Cyberport companies have performed impressively in fundraising. From October 2024 to September 2025, they have raised nearly HK$3.4 billion, bringing the cumulative total to HK$46 billion. m. Recent high-value fundraising rounds include Klook, Bowtie, KPay, KUN, Hashkey Group, DigiFT, LeapXpert, and Animoca Brands, and more, many of which leverage AI, blockchain, and digital assets, reflecting the market’s focus on AI and Web3.0, underscoring Cyberport’s success in fostering the development of these industries.

This year, Cyberport welcomed 10 listed companies, including Mininglamp Technology, Yunji Technology, and Xunfei Healthcare, all of which listed soon after joining Cyberport, alongside Cyberport incubatees Diginex and Real Messenger. Additionally, Cyberport welcomed two unicorns, Qiangnao Technology, valued at US$1.3 billion, and Inspur Cloud, valued at US$2.5 billion, injecting powerful momentuminto the I&T ecosystem.

Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; CoFounder of CMGE Technology Group Limited , stated, “Despite ongoing global economic challenges, Cyberport community has continued to demonstrate remarkable resilience, with cumulative funding reaching HK$46 billion. Several Cyberport companies have also secured substantial financing rounds worth tens of millions of US dollars. Serving as a vital bridge, the Cyberport Investors Network achieved a threefold year-on-year growth over the past year. The strength of our network lies in its international reach, now comprising over 220 investment entities. To capture global technology investment trends, we have launched the ‘AI Investors Circle’ this year, dedicated to precise matching for AI companies with strong and sustainable fundraising potential. Looking ahead, as the HKSAR Government deepens its global connectivity, particularly with high-growth Belt and Road markets such as the Middle East and ASEAN, Cyberport will actively attract more influential global investors and facilitate greater investment matching with our high-potential companies, further amplifying the global impact of Hong Kong’s start-up ecosystem.”

CIN Celebrates 8th Anniversary, Launches “AI Investors Circle” to Connect High-Potential AI Start-ups

As Hong Kong’s digital tech hub, AI accelerator and key incubator, Cyberport actively connects global investors with start-ups through diverse funding channels to foster the robust growth of Cyberport enterprises.

Cyberport leverages the Cyberport Investors Network (CIN) as a strategic bridge to attract global capital and continuously support high-potential enterprises. Since its inception in 2017, CIN has facilitated over HK$4.258 billion in cumulative funding, a year-on-year increase of over HK$1.66 billion, representing a threefold growth, accounted for nearly half of the annual fundraising total by Cyberport companies. CIN has facilitated a cumulative total of 109 projects, up by 13 from last year. CIN’s investment units have also grown by over 20, now exceeding 220, with 15% from the Greater Bay Area and Chinese Mainland, 14% from Asia-Pacific and ASEAN, and an expanding presence in the Middle East, Europe and the America, effectively aggregating global venture capital resources.

To capture global tech investment trends, Cyberport continues to establish focused investment communities, with a particular focus on AI and blockchain which are driving global capital flows. The “Web3.0 Investors Circle” established last year, bringing together nearly 50 investors and has already facilitated 9 projects, with cumulative funding exceeding HK$260 million. Cyberport has launched the “AI Investors Circle” this year, aimed at creating an efficient matching platform for high-potential AI start-ups and connecting them with the investors to accelerate the growth of the AI ecosystem and industry development.

Another key platform, the Cyberport Macro Fund (CMF), continues to invest in high-potential start-ups, helping them attract external capital and enhance market fundraising capabilities. As of October 2025, CMF has invested in 29 start-up projects, including co-investments, exceeding HK$1.989 billion, with a co-investment ratio of 1:9.3. This reflects Cyberport’s strong fundraising capacity and the investor confidence in its ecosystem.

Strategic Partnerships to Advance Blockchain Applications and Talent Development

At the event, Cyberport signed a Memorandum of Understanding (MoU) with Forms HK to establish Blockchain Valley@Cyberport, a collaborative initiative promoting innovation in on-chain finance, enhancing public awareness of blockchain and digital assets, and nurturing tech talent. Cyberport also formed a strategic partnership with The Education University of Hong Kong, focusing on three core areas, namely Educational Technology, Art Technology, and Digital Technology. This collaboration aims to accelerate the application and commercialisation of university research outcomes and explore the joint launch of micro-credential programmes to cultivate the next generation of I&T talent.

Exploring Venture Capital Trends, Unlocking New Perspectives in Tech and Investment

This year’s forum features keynote speeches and panel discussions by leading venture capitalists on global investment trends and how frontier technologies such as AI, blockchain, and digital assets are reshaping markets and driving innovation. Industry experts include Wensheng Cai, Director of Longling Capital Ltd, who shared the potential synergistic between AI and Web3.0, Jerry Liang, Partner of Cyber Creation Ventures (CCV), who shared practical strategies for identifying high-potential local opportunities and designing globally scalable solutions. Additionally, Nicolas du Cray, Partner at Cathay Innovation, alongside David Chen, Operating Partner at Hongshan CBC Cross-border Digital Fund, also joined the panel who joined the panel “AI’s Global Shake-Up” to analyse the dynamics between investors, entrepreneurs, and industry leaders. The forum also spotlighted high-growth markets and strategies, with Soumaya Ben Beya Dridje, Partner at Rasmal Ventures, and other distinguished guests exploring the Middle East’s emerging role as a global innovation hub.

Top investors also shared insights on scaling start-ups into unicorns. Thomas Tsao, Co-founder and Chair of Gobi Partners shared strategies for early-stage companies to expand successfully, including expansion strategies and fundraising solutions.

“Web3.0 Innovation Expo” Launches Tomorrow, AI and Web3.0 Highlights Ahead

Day two will focus on practical innovation and deep tech exchanges, featuring the “Web3.0 Innovation Expo” and the “AI Start-up Workshop”. At the “Web3.0 Innovation Expo”, attendees will explore Cyberport’s “Blockchain & Digital Asset Pilot Subsidy Scheme” and global use cases, gaining insights into how the first batch of projects are applying innovative solutions across diverse scenarios such as tokenised assets, payments, Regulatory Technology (RegTech). The forum will also focus on global digital asset trends and ecosystem development through fireside chats and keynotes.

For details on Day Two and the Web3.0 Innovation Expo, please refer to the attached agenda. For more information on Cyberport Venture Capital Forum 2025 and the speaker line-up, please visit http://cvcf.cyberport.hk/.

Click here to download high-resolution news images and videos; click here to download images and videos of the Cyberport campus.

Appendix: Agenda of the Second Day and the “Web3.0 Innovation Expo”

Main Stage: Cyberport Blockchain and Digital Asset Pilot Subsidy Scheme @ Function Room

Day 2 – 7 Nov (Fri) 14:00 – 19:00

Time Programme & target speakers
09:30 – 09:40 Welcome Remarks

  • Dr Rocky Cheng, JP, CEO, Hong Kong Cyberport
Opening Remarks

  • Mr Joseph Chan, JP, Under Secretary for Financial Services and the Treasury, Government of the Hong Kong Special Administrative Region

09:40 – 10:00 Keynote: Navigating the Future of Digital Asset Markets – Regulatory Landscape & The Road to Mass Adoption

  • Prof Jack Poon, Advisory Panel Member of Blockchain & Digital Asset Pilot Subsidy Scheme, Member of Web3 Task Force and Honorary Professor of Practice, The University of Hong Kong

10:00 – 12:00 Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme: Use Case Sharing

Use Case Sharing 1: NextGen Onchain Infra (DTA) for Web3 Finance

  • Mr Kevin Loo, CEO, Hong Kong, DigiFT
  • Mr Niki Ariyasinghe, Head of Business Development – Asia-Pacific and Middle East, Chainlink Labs

Use Case Sharing 2: Bridging Traditional Card Payments with Stablecoin Settlement: A Pilot Initiative by Payment Cards Group

  • Mr Michael Hui, Regional Product Director, The Payment Cards Group Limited

Use Case Sharing 3: From Pilot to Platform: Building the Infrastructure for Institutional RWA Tokenisation in Hong Kong

  • Mr Ken Huang, Head of RWA and Tokenisation, Cobo

Use Case Sharing 4: Next Generation of Financial Infrastructure: RYT and Realgate

  • Dr Thomas Zhu, Co-Founder and CEO, AlloyX Group

Use Case Sharing 5: Blockchain Ticketing: Transparent & Secure

  • Mr Jack Chen, CEO, Moon Lab

Use Case Sharing 6: Redefining Private Markets: Asseto Leading Compliant Tokenization in Asia

  • Ms Bridget Li, Co-Founder & CEO, Asseto

Use Case Sharing 7: Unlocking Liquidity and Composability with RWAs

  • Mr Edison Leung, Co-Founder & CEO, AXC Labs

Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme: Global Use Case Sharing

Global Use Case Sharing 1: How Polkadot Helps Shape the Digital Economy in Hong Kong

  • Mr Max Rebol, Director of PolkaPort East

Global Use Case Sharing 2: Stablecoins and Tokenization: Real World Use Cases

  • Mr Leroy Mah, Regional Head, Avalanche

Global Use Case Sharing 3: The Future of Sports x RWA

  • Mr Sergio Argento, Managing Partner, IMPACTA [ Capital ]

12:00 – 14:00 Networking Lunch
Global Digital Asset Trends & Ecosystem
14:00 – 14:20 Keynote 1: Bridging East and West: Digital Asset Markets in the US, Hong Kong and Beyond

  • Mr Joseph Chee, Executive Chairman, Solana Company; Founder and Chairman, Summer Capital

14:20 – 14:40 Fireside Chat: Backing the Next Web3.0 Breakthroughs: Global VC Strategies in a Regulated Digital Asset World

Moderator: Ir Eric Chan, Chief Public Mission Officer, Hong Kong Cyberport

Speaker:

  • Mr Franklin Bi, General Partner, Pantera

14:40 – 14:55 Keynote 2: Scaling for the Real World: Infrastructure for the Future of Finance and the Digital Economy

  • Mr Niki Ariyasinghe, Head of Business Development – Asia-Pacific and Middle East, Chainlink Labs

14:55 – 15:25 Panel 1: Stablecoin from a User Perspective: Unlocking New Business Opportunities

Moderator: Ms Rachel Lee, Director of Blockchain & Digital Asset, Hong Kong Cyberport

Panelists:

  • Mr Alexandre Kech, CEO, Global Legal Entity Identifier Foundation (GLIEF)
  • Mr Emil Chan, Advisor, The Payment Cards Group
  • Ms Alyssa Lee, Vice President, Alt-Alpha Capital
  • Mr Amit Chu, Partner, Verda Ventures

15:25 – 15:55 Panel 2: Real-World Asset Beyond Hype: Short-Term and Long-Term Opportunities

Moderator: Ms. Bobo Lee, Manager of Blockchain and Digital Asset, Hong Kong Cyberport

Panelists:

  • Mr Barry Chan, Chief Digital Officer & Head of FINNOSpace, FORMS HK
  • Mr Richard Wang, Managing Partner, Draper Dragon
  • Ms Jacqueline Qiao, Partner, Jun He Law Offices
  • Mr Manton Wai, Head of Investment Solutions, EVIDENT
15:55 – 16:25 Panel 3: From Hype to Holdings: Where Smart Money Goes in Digital Assets 2025–2027

Moderator: Ms Kris Fok, Head of Venture & Partnerships, Finoverse

Panelists:

  • Mr Shen Kang, Founder, Hash Global Advisory Company Ltd.
  • Mr Gavin Wang, Chief Investment Officer, SNZ Holding & SNZ Capital
  • Mr Ryan Chen, Managing Partner, HashKey Capital
  • Mr Jiawei Zhu, Investment Principal, IOSG Ventures

16:25 – 16:55 Panel 4: Unlocking the Future of Digital Asset Management with Web3

Moderator: Ms Jessica Yang, CEO of ME Group

Panelists:

  • Mr Livio Weng, Executive Director and CEO, Sinohope Tech
  • Ms Vicky Wang, President, Amber Premium
  • Mr Ethan Wang, CEO, Hong Kong, LTP

16:55 – 17:25 Panel 5: Powering Machine-to-Machine Transactions with DID & Web3 Payment

Moderator: Ms. Alisha Li, Co-Founder of AllScale & Co-Founding Partner of Fenghou Capital

Panelists:

  • Mr Alex Scheer, Founder & CEO, zkMe Technology Limited
  • Mr Edward Du, CEO, NUT Limited
  • Mr Rex Zhang, General Manager, OneSavie Labs

17:25 – 18:30 Networking Cocktail

Hashtag: #Cyberport

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

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,300 companies, including 13 listed companies and 10 unicorns. One-third of onsite companies’ founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.

Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 400 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

For more information, please visit .

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JETCO Connect 2.0 drives Johor – Singapore collaboration to create new tourism offerings

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Tourism businesses and industry partners invited to collaborate with JETCO as Visit Johor 2026 gathers momentum.

SINGAPORE – Media OutReach Newswire – 12 August 2026 – Following the successful launch of JETCO Connect in 2025, Johor Economic, Tourism and Cultural Office Singapore (JETCO) is taking the next step with JETCO Connect 2.0, shifting the focus from introducing Johor’s tourism offerings to fostering cross-border collaboration.

As Visit Johor 2026 invites visitors to discover Johor through its diverse mix of cultural, nature, food and island experiences, JETCO Connect 2.0 focuses on the work behind the scenes – bringing together tourism stakeholders to develop and package these experiences into compelling travel offerings for the Singapore market.

Organised in collaboration with Tourism Johor and Tourism Malaysia, JETCO Connect 2.0 brings this collaboration to life through a series of activities:

  • 12–13 August – Familiarisation (FAM) Trip: Around 40 Singapore travel trade representatives, including travel agents, inbound operators, golf specialists and media, will explore Johor’s heritage, culture, eco-tourism, sports and urban attractions through a curated familiarisation programme.
  • 13 August – Tourism Product Development Workshop: Around 80 participants from Johor and Singapore will work together to develop tourism packages across themes such as heritage and culture, gastronomy, eco-tourism, sports tourism, golf, halal experiences and island tourism for the Singapore market.
  • 19 August – Partner Networking Session: JETCO leaders will reconnect with local operators in Singapore to present the tourism concepts developed during the workshop and discussion plans to bring them to market.

Redefining the Road Trip

One notable project that materialized from past discussions is Elevating Road Trip to Desaru. For years, the pristine beaches of Desaru Coast have beckoned Singaporeans seeking a quick, luxurious escape. The rise of world-class resorts has transformed the area into a premier destination. However, a glaring gap remained in the travel experience: the journey itself often lacked the refinement expected by guests bound for five-star accommodations.

Come 1st September 2026, the SVIP 27-Seater Daily Coach service will be launched. The 27-seater provides spacious seating, is equipped with individual USB charging point and offers strategic departure points from Tampines, Suntec City and Jurong East. From 01 Sep 2026 – 31 Oct 2026, bookings will be at $45/pax ($10 upgrade fee waived). More details can be found in Annex.

As JETCO continues to strengthen tourism links between Johor and Singapore, it welcomes tourism businesses, attractions, hotels, travel operators, industry associations and destination partners interested in exploring future collaborations.

Annex

The new SVIP fleet addresses the common pain points of overland travel, focusing entirely on passenger comfort and convenience.

Key Features of the SVIP Experience:

* Spacious Seating: The 27-seater configuration ensures ample legroom and personal space, a significant upgrade from standard, densely packed coaches. The seats are designed for relaxation, allowing travelers to start unwinding immediately.

* Modern Connectivity: Understanding the needs of the modern traveller, each seat is equipped with dedicated USB charging points. Whether you need to catch up on work, entertain the kids with a movie, or simply keep your devices juiced up for the weekend, power is always within reach.

Accessible Luxury: Strategic Departure Points

To cater to travelers across the island, the daily service operates from three strategically chosen departure points in Singapore:

1. Tampines: Serving the East, providing a convenient starting point for those living near Changi and the eastern heartlands.

2. Suntec City: Located in the heart of the city, offering easy access for urban dwellers and professionals heading straight from the office.

3. Jurong East: Ensuring that guests residing in the western part of Singapore have a hassle-free departure option without needing to cross the island first.

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

About JETCO

Johor Economic, Tourism & Cultural Office Singapore (JETCO) is a Johor State Government agency responsible for connecting Johor agencies with stakeholders in Singapore.

Established in 2021, JETCO plays a key role in promoting Johor’s economic opportunities, tourism offerings and cultural heritage while fostering partnerships between Johor and Singapore.

Through strategic initiatives and industry engagement, JETCO supports cross-border collaboration in line with key state initiatives such as the Johor-Singapore Special Economic Zone (JS-SEZ) and Visit Johor 2026.

For more information, visit .

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Allianz: Data center boom ushers in a new era of infrastructure risks and opportunities for insurers

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SINGAPORE – Media OutReach Newswire – 12 August 2026 – Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report. Annual investment in data centers is projected to double from around US$500bn in 2024 to more than US$1trn as early as 2027. The investment opportunity extends far beyond server halls to electricity generation, grid infrastructure, cooling, networking, and semiconductors. According to Allianz Research, the US and China are expected to account for around 62% of new global capacity additions through 2030, but the next wave of investment is becoming increasingly global. In Europe, Germany, the UK and Ireland remain major markets, but faster expansion is expected in Spain, Finland and Denmark, where power availability and permitting conditions can be more favorable. Across Asia Pacific, excluding China, installed capacity is projected to increase from around 9GW today to more than 28GW by 2030, with Malaysia expected to grow more than tenfold.
AI is turning the latest generation of data centers from a specialist real estate asset into mission-critical infrastructure,” says Thomas Lillelund, CEO of Allianz Commercial. “The scale of investment is extraordinary and, as these centers evolve beyond traditional data storage to high-performance compute demands, success will increasingly depend on resilience: access to power, reliable supply chains, robust construction controls, as well as climate-aware site selection and insurance programs that reflect the true accumulation risk. Indeed, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects.”

Resilience must be central to data center operations
The sector’s biggest constraints are increasingly physical rather than financial. Competitive advantage is increasingly determined by access to electricity, grid connections, permitting, specialized equipment and skilled labor. In the US alone, the construction industry faces a shortage of around 439,000 skilled workers, while an estimated 349,000 additional workers may be needed in 2026. Climate resilience is increasingly a strategic consideration rather than an operational afterthought. Around 79% of global data center capacity is already located in areas exposed to heightened natural catastrophe risk, while 54% is exposed to chronic heat and drought stress. Some of the fastest-growing AI infrastructure markets are also among the most climate-exposed, including Northern Virginia, US, Johor in Malaysia, and Marseille, France. Acute flood, wildfire and wind exposure is highest in the Americas, affecting 86% of capacity, while chronic heat and drought stress is greatest in Asia Pacific, where 89% of capacity is exposed.

Global data center insurance market will more than double by 2030
Insurance is evolving alongside the sector. As data centers assume a more critical role in infrastructure, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects. Construction costs for a single AI campus can exceed US$20bn, with insured values rising substantially once high-performance computing equipment is installed. The global data center insurance market is projected to grow from around US$11bn today to more than US$24bn by 2030, reflecting rapid capacity expansion, rising insured values and increasing operational complexity. Demand is expected to extend beyond traditional property cover towards integrated solutions spanning construction, engineering, property, business interruption, cyber and liability, while also creating new opportunities in areas such as energy resilience, operational continuity, and technology risk.

Risk and claims trends: fire drives severity; water damage frequency
Allianz Commercial analysis of insurance industry data center-related claims shows that fire is the leading driver of loss severity, accounting for well over 50% of around €700mn (US$800mn) worth of losses. Natural catastrophe activity ranks second, followed by willful acts, which include crime and cyber incidents, followed by power failure. Water damage is the most frequent cause of data center claims, followed by willful acts, fire, and equipment breakdown. Business interruption is the primary driver of claims severity by line of insurance, highlighting the significant financial impact of operational downtime.

The data center risk profile is changing as facilities become larger, more complex, and more increasingly interdependent. Hyperscale and colocation of campuses can bring together multiple tenants, construction works, servers, supporting utilities and on-site infrastructure in one physical or operational space. A single event can therefore trigger claims across property, construction, business interruption, liability, cyber, and financial lines. Real-life claims case studies show that in hyperscale facilities, damage to external cooling systems, hot works-related fire damage, and a delay in start-up caused by power disturbances have each resulted in losses in the US$50mn to US$100mn range.

For insurers, the key question is not only the value of the building, but the concentration of value and dependency inside and around it. Power, cooling, batteries, fiber routes, testing and commissioning, and business continuity planning are all part of the same risk picture. Effective risk mitigation must begin early and continue throughout the data center lifecycle. Resilience must be designed in from the earliest planning stage,” explains Christian Kolbe, Global Head of Construction Claims at Allianz Commercial.

Clarity between policies essential to avoid ambiguity
Data center projects encompass different project phases with several stakeholders and interests involved, which can create complications. During the construction phase, stakeholders include the owner, developer, contractor, and subcontractors, whereas in the operational phase, the stakeholders include the owner-operator, and potentially multiple tenants or end users. For example, different policies could respond to a hot works-related fire resulting in damage to a data center nearing completion, and this would impact different stakeholders.

“Clarity is critical with an insurance claim,” says Charlotte Field, Regional Head of Short-tail Claims, Asia, at Allianz Commercial. “Clearly documented handovers are essential between your construction all-risk policy and operational policy. There must be no ambiguity about practical completion, in order to avoid disputes over which policy responds to a particular event and the extent of cover.”

Hashtag: #AllianzCommercial


, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and risk transfer solutions, outstanding and services as well as seamless handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17.3 billion in gross premium globally.

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Shama Responds to the Rise in Multi-City Living Among Today’s Professionals, Elevating Every Stay Beyond Accommodation with ‘The Joy of Living’

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BANGKOK, THAILAND – Media OutReach Newswire – 12 August 2026 – Living between cities is fast becoming part of everyday life. People travel from elsewhere in Thailand to Bangkok for health checks and recovery; parents come to care for their children during term time or attend important family occasions; business travellers commute regularly for work; executives and expatriates relocate to begin new roles; and hybrid workers and specialists take on short-term assignments. As the boundaries between travel, work and everyday life continue to blur, accommodation is no longer simply a place to stay. It has become a space where guests can live comfortably, naturally and flexibly, maintaining their everyday routines much as they would at home.

Shama, the serviced apartment brand under ONYX Hospitality Group, a leading management company for hotels, resorts, serviced apartments and luxury residences across the Asia-Pacific region, responds to this evolving way of life through its ‘The Joy of Living’ philosophy. Shama believes that a fulfilling stay comes not only from a well-connected location, but also from an environment that enables guests to live and follow their daily routines in a way that feels true to who they are. Guests are also encouraged to experience the character of each neighbourhood and connect naturally with the surrounding community through a warm, friendly atmosphere and a genuine sense of belonging from the first day of their stay. This reflects Shama’s role as more than accommodation: it is a living space that helps each day unfold smoothly and meaningfully.

This philosophy is reflected across Shama properties in Thailand and overseas. Each is located in a neighbourhood with convenient connections to business districts, leading hospitals, international schools, public transport and key lifestyle destinations, and is surrounded by local restaurants, cafés, shops and communities. Guests can settle naturally into the rhythm of local life, whether staying for a few weeks, several months or many years, or moving to begin a new chapter in a different city.

In Thailand, for those looking to escape the bustle of the city while remaining within easy reach of Bangkok’s business districts, Shama Yen-Akat Bangkok offers the charm of a peaceful residential neighbourhood surrounded by local restaurants, shops and an established community. With convenient connections to Sathorn, Silom and Rama III, guests can enjoy a more relaxed pace of life while balancing work, leisure and everyday living. The property is also pet-friendly.

For those whose daily lives combine work with living in the heart of the city, Shama Lakeview Asoke Bangkok presents another side of city-centre living. Located in Asoke, one of Bangkok’s main transport hubs, the property is well connected by both BTS Skytrain and MRT, making everyday journeys easy and efficient. It is also surrounded by the Queen Sirikit National Convention Center, Terminal 21 and The EM District, while views over Benjakitti Park provide welcome moments of calm amid the energy of the city. The property is therefore well suited to business travellers, executives and families seeking the convenience of life in central Bangkok.

Meanwhile, Shama Sukhumvit Bangkok captures the energy of city-centre living, surrounded by restaurants, shopping destinations and key business districts. Its proximity to Bumrungrad International Hospital also makes it an ideal choice for guests travelling to Bangkok for work, health checks or time with family.

By contrast, Shama Sukhumvit 101 Bangkok offers a calm, welcoming residential atmosphere in the outer Sukhumvit area, which has been designated as one of Bangkok’s Creative Districts. Close to Cloud 11 and True Digital Park, hubs for young professionals and start-ups, the property offers convenient access via the BTS Skytrain and expressway. It is ideal for guests seeking a balance between work, relaxation and life in a warm, connected community, clearly reflecting Shama’s ‘Connected Neighbourhood’ philosophy.

For guests travelling to Bangkok for medical treatment or a temporary work assignment, Shama Petchburi 47 Bangkok offers comfort and convenience in a quiet yet well-connected residential neighbourhood. Located next to Bangkok Hospital and just five minutes from Phetchavej Hospital, it also provides easy access to Rama IX, Thonglor and Ekkamai. Guests can enjoy a relaxed way of life in peaceful surroundings while remaining close to the city’s main business districts.

Meanwhile, Shama Ekamai Bangkok offers a different perspective on urban living in the vibrant neighbourhoods of Ekkamai and Thonglor, surrounded by popular restaurants, cafés and lifestyle destinations. Despite its prime location, the property provides a peaceful, private retreat amid lush greenery, just minutes from the energy and convenience of Ekkamai and Sukhumvit. It also invites guests to discover the character of the local community, learn about the neighbourhood’s way of life and experience a genuine connection with the people who live there.

In addition, every Shama property offers Shama Social Club and Shama Friends, two lifestyle programmes that give guests opportunities to meet, share experiences and build relationships with neighbours and the surrounding community. By gradually becoming familiar with the people and everyday life of each neighbourhood, guests can feel part of the community from the very first day of their stay.

Creating experiences for diverse ways of life reflects ONYX Hospitality Group’s ‘More of What You Love’ philosophy, which focuses on delivering hospitality that meets the needs of travellers across different lifestyle segments. Through a portfolio of distinctive brands, ONYX elevates each stay beyond accommodation with benefits from ONYX Rewards, dining experiences from ONYX Dining, and services that connect guests with local people, communities and destinations, making every journey more meaningful.

As ONYX Hospitality Group marks its 60th anniversary, the company continues to develop its brands and guest experiences, offering a wider range of choices to meet the evolving needs of today’s travellers. Shama, meanwhile, continues to strengthen its role as more than a place to stay by creating spaces that connect people with local communities and fill every stay with the joy of everyday living under its ‘The Joy of Living’ philosophy.

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About ONYX Hospitality Group

ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.

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