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ISCA and LawSoc Team Up to Help Professional Services Firms Expand Regionally and Offer More Value
What clients need from professional services firms is changing. It is no longer just about meeting compliance requirements. Companies now require coordinated advice across legal, financial and governance areas to support growth, manage risk and execute transactions with confidence. As more work spans multiple jurisdictions, clients are also looking for integrated teams that can support cross border needs seamlessly. This partnership brings the legal and accountancy professions together to meet that demand and create new opportunities for members.
A key focus of the collaboration is building skills that match how professionals learn and work today. ISCA and LawSoc will jointly develop a digital learning platform that allows lawyers to learn anytime, anywhere, through on demand modules that are practical and relevant to daily work. The platform is the first of its kind that will also support cross learning, enabling lawyers to build knowledge in accounting, finance and governance, while accountants strengthen their understanding of legal concepts relevant to risk, transactions and advisory work.
To help more legal professionals benefit from the learning platform, ISCA and LawSoc are working with NTUC LearningHub to enable funding options for eligible legal professionals. Continuing Professional Development (CPD) training courses are also expected to be made available through NTUC LearningHub’s Learning eXperience Platform (LXP) later in the year, with options such as SkillsFuture Credit and the Union Training Assistance Programme (UTAP) funding to help keep training affordable and accessible. This will enable more professionals to upskill more quickly and strengthen capabilities across the profession.
The partnership will also strengthen Singapore’s position as a trusted base for professional services work in the region. Amid an increasingly complex geopolitical and economic landscape, Singapore continues to stand out as a stable and resilient hub for global business. ISCA and LawSoc will advance discussions on setting up a Professional Services Centre in Singapore. The Centre is intended to help two groups. First, it will support investors and companies who want to set up or expand in Singapore. Second, it will support Singapore based companies that want to expand overseas. By connecting businesses to coordinated legal and accountancy expertise, the Centre will help companies deal with cross border requirements, governance expectations, and expansion decisions. This builds on earlier Professional Services Centre efforts in Nanjing, Hongqiao and Ho Chi Minh City.
Mr Teo Ser Luck, President of ISCA, said: “This is a significant partnership for both organisations. Together, we are establishing a Professional Services Centre that connects businesses with the legal and accounting expertise they need, helping them close deals with confidence and manage the risks that come with operating across borders. It is about building real capability, strengthening Singapore’s professional services ecosystem, and giving our professional services firms and businesses, including SMEs, the support they need to pursue opportunities together with confidence.”
Professor Tan Cheng Han, SC, President of the Law Society of Singapore, said: “Clients increasingly face issues that sit across law, finance and governance. Good advice depends on closer teamwork between lawyers and accountants. This partnership supports our members by strengthening training, expanding cross learning, and advancing initiatives such as a Professional Services Centre in Singapore to help firms compete and grow in the region.”
Mr Joe Loy, Assistant Chief Executive and Managing Director of Digital Business, NTUC LearningHub, said: “CPD is essential in ensuring lawyers keep their skills current as practice areas, regulations and client expectations continue to evolve. At NTUC LearningHub, our focus is on making CPD training practical, accessible and affordable, enabling lawyers to fulfil their professional requirements while building relevant capabilities. By working with industry partners such as ISCA and LawSoc, we aim to lower barriers to training and help more lawyers stay competent, compliant and ready for the demands of their profession.”
Ms Junie Fo, Vice President & Head, Professional Services, Singapore Economic Development Board, said: “Singapore is a trusted business hub where professional services firms support global and local businesses in navigating complex global dynamics. The partnership between ISCA and LawSoc strengthens Singapore’s professional services offerings through deeper cross-sector sharing, while helping our accounting and legal talent develop emerging skillsets and enhance capabilities to support businesses in capturing new opportunities across the growing region. EDB looks forward to working with both organisations as we continue to grow Singapore’s Professional Services sector.”
Hashtag: #ISCA #DifferenceMakers #Accounting #Accountancy #CharteredAccountants #ChooseAccountancy #MOUSigning
The issuer is solely responsible for the content of this announcement.
Institute of Singapore Chartered Accountants (ISCA)
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.
ISCA supports over 43,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.
ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.
For more information, visit www.isca.org.sg.
Law Society of Singapore
Established in 1967, the Law Society of Singapore is a body established under the Legal Profession Act 1966. It carries out various statutory functions prescribed under the Legal Profession Act 1966, including maintaining and improving the standards of conduct and learning of the legal profession in Singapore, the facilitation of the acquisition of legal knowledge by members of the legal profession, and protecting and assisting the public in all matters ancillary or incidental to the law. For more information, please visit www.lawsociety.org.sg.
Media OutReach
Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market
As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.
SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.
Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace
https://www.coworkspace.com.sg/
CoWorkSpace Serviced Office.
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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.
In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.
Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.
- This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.
Hashtag: #JOYY
The issuer is solely responsible for the content of this announcement.
Media OutReach
“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission
This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”
As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
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