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NUS expands start-up hub in Tokyo to propel deep tech innovation

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  • BLOCK71 Tokyo, its second office in Japan, opens at TAKANAWA GATEWAY CITY, the country’s latest global innovation hub.
  • NUS collaborates with Japanese partners, who will invest about ¥1 billion to spur global venture creation.

SINGAPORE – Media OutReach Newswire – 28 March 2025 NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), is expanding its presence in Japan with the launch of its second BLOCK71 office in Tokyo today. This follows the successful opening of its first location in Nagoya in November 2024. In collaboration with key partners, Central Japan Innovation Capital (CJIC), Kyoto University, and TIS Inc., NUS Enterprise aims to support start-ups, researchers, and students while connecting them with investors. These partnerships align with Japan’s efforts to accelerate the growth of its start-up ecosystem[1].

Located at TAKANAWA GATEWAY Link Scholars’ Hub, BLOCK71 Tokyo will support the growth of Southeast Asian technology-driven start-ups in Japan, contributing to the urban development’s focus on environmental sustainability, mobility and robotics, and smart health. It will also provide Japanese start-ups with the resources needed to expand into Southeast Asia and beyond.

“Japan’s strong foundation in technology and research makes it an ideal environment for start-up growth. It ranks among the world’s top three countries for patent applications and invests over three percent of its GDP in R&D, one of the highest globally. This creates immense potential for innovation. With BLOCK71 Tokyo located in the country’s latest innovation hub, we have a strategic platform to connect start-ups and drive cross-border collaboration. To amplify our impact, we are partnering one of Japan’s top universities, a major corporation, and a leading venture capital firm, all sharing our vision to foster deep tech innovation and build a robust global ecosystem,” said Professor Tan Eng Chye, NUS President, at the opening of BLOCK71 Tokyo.

Professor Tan was joined by Dr Tan Sian Wee, NUS Senior Vice President, Innovation and Enterprise; Associate Professor Benjamin Tee, Vice President (Ecosystem Building), NUS Enterprise; Mr Hiroyuki Takeshima, Executive Officer, East Japan Railway Company (JR East); and Mr Kikukawa Jingo, Director-General, Innovation and Environment Policy Bureau, Ministry of Economy Trade and Industry[JO1] at the opening of BLOCK71 Tokyo.

Building innovation ecosystems through strategic partnerships

Building on the success of its globally recognised BLOCK71 model, BLOCK71 Tokyo will promote knowledge exchange, cross-border innovation, and new opportunities for start-ups entering the Japanese market. To deepen its impact, NUS has inked three new partnerships.

NUS-Central Japan Innovation Capital collaboration

Under a Memorandum of Understanding (MOU) signed by Assoc Prof Tee and Professor Kazuya Takeda, CJIC CEO, CJIC will invest up to five percent of its assets under management in NUS-affiliated deep tech start-ups. The fund aims to raise approximately ¥5 billion by the end of its fundraising, expected in November 2025. A subsidiary of the Tokai National Higher Education and Research System, CJIC supports university start-ups focused on deep tech innovation. NUS and CJIC will also explore broader collaboration opportunities to help start-ups from both ecosystems expand into the Japanese and Southeast Asian markets.

NUS-Kyoto University collaboration

Beyond funding, NUS is enhancing entrepreneurial support for deep tech start-ups through its partnership with Kyoto University, formalised by an MOU signed by Prof Tan and Dr Nagahiro Minato, Kyoto University President. As a first step, Kyoto University will send start-ups to join the NUS Graduate Research Innovation Programme (NUS GRIP). They will also become the first overseas university partner in a localised version of the programme. This will empower Kyoto University’s graduate students, researchers, and alumni to transform research into impactful deep tech ventures, addressing some of the social challenges in Asia and seizing new opportunities.

Both universities will also offer exchange programmes to foster cross-border entrepreneurial experiences. Kyoto University students will have the opportunity to intern at NUS GRIP start-ups, while NUS GRIP start-ups can gain hands-on experience from Kyoto University Innovation Capital Co., Ltd (Kyoto-iCAP), the university’s venture capital arm. This partnership enhances the flow of entrepreneurial talent and deepen innovation ties between the two countries, further boosting their deep tech ecosystems.

NUS-TIS Inc. collaboration

NUS is expanding its global entrepreneurship efforts through a partnership with TIS Inc., one of Japan’s leading IT companies, to build a globally connected start-up ecosystem. This collaboration, formalised through a Collaboration Agreement signed by Prof Tan and Mr Yasushi Okamoto, TIS Inc. Group President, launches the Deep Tech Seed to A Growth Expansion Programme (Deep-SAGE), a tailored start-up acceleration initiative to help seed-stage start-ups worldwide scale towards pre-Series A and Series A funding.

TIS Inc. will commit a total of ¥840 million to support Deep-SAGE over the next three years. This will include three cohorts, each comprising up to 10 start-ups. As part of this commitment, TIS Inc. plans to invest a minimum of ¥55 million each in at least two start-ups per cohort.

BLOCK71 will design and deliver the programme, providing structured support through virtual mentorship sessions and workshops. Start-ups will also have incubation opportunities at BLOCK71 offices across 11 cities, including Singapore, Silicon Valley, Saigon and Suzhou, drawing on a global network that supports international market entry and commercial opportunities.

Through these strategic collaborations, NUS reinforces its position as a leading start-up university in the global innovation landscape, nurturing entrepreneurial mindsets and empowering the next generation of technology entrepreneurs.

Deepening market immersion and cultural exchange in Tokyo

Following the success of its second Japan Immersion Programme in Nagoya held in 2024, where start-ups gained insights into Japan’s manufacturing powerhouse, BLOCK71 Japan will launch the third edition in Tokyo in May 2025. The 2024 programme provided start-ups with a deeper understanding of Japan’s culturally distinct landscape, helping them build connections with local partners, secure new customers, and develop new proof-of-concept projects.

The 2025 edition will focus on the three key themes of TAKANAWA GATEWAY CITY: environmental sustainability, mobility and robotics, and smart health. It will welcome five Southeast Asian start-ups, who will have the opportunity to showcase their solutions at the upcoming GATEWAY Tech TAKANAWA event — a platform for large corporations and start-ups to exchange innovative ideas and solutions. This immersive experience will further strengthen ties between Southeast Asia and Japan, equipping start-ups with the knowledge and networks they need to enter new markets and drive innovation.


[1] https://www.forbes.com/sites/japan/2025/02/11/japans-newest-startups-are-revitalizing-regional-economies/

Annexe – Quotes by representatives

“As a sub-subsidiary of the Tokai National Higher Education and Research System, CJIC has strong commitment to support university start-ups focused on deep tech innovation and enhance the central Japan economy. NUS and CJIC will also explore broader collaboration opportunities to help start-ups from both ecosystems expand into the Japanese and Southeast Asian markets.”

Dr Kazuya Takeda, Central Japan Innovation Capital CEO

“NUS and Kyoto University have been collaborating in the field of basic research for some time, but with the signing of this MOU, we will build a new relationship in the field of industry-academia collaboration.”

Dr Nagahiro Minato, Kyoto University President

“Our collaboration with NUS under the Deep-SAGE programme demonstrates TIS Inc.’s unwavering belief in the power of innovation. With this investment, we are poised to accelerate the growth of deep tech start-ups worldwide. This initiative not only reinforces our commitment to global entrepreneurship but also sets the stage for a new era of technology-driven growth.”

Mr Yasushi Okamoto, TIS Inc. Group President

“RoPlus participated in the Japan Immersion Programme organised by BLOCK71 Japan in 2024, which proved to be a fruitful experience. We had the opportunity to engage in individual meetings with stakeholders, including end-users and potential investors. Additionally, we showcased our products at Messe Nagoya, where we connected with various industry partners and increased market awareness. Through this programme, we successfully secured a distributor for the Japanese market and engaged two potential end-users. I would like to thank BLOCK71 Japan for fostering a supportive ecosystem and providing a strategic platform for NUS spin-offs to enter the Japanese market.”

Mr Low Jin Huat, RoPlus Co-Founder

“The Japan Immersion Programme from NUS helped me make valuable connections with Japanese companies. We were able to secure a pilot project with one of the companies we met during this programme. It has helped us shape our strategy for entering the Japanese market.”

Mr Zaid Ahmed Khan, M.I. Cloud Technologies CEO

Hashtag: #NUS

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

About National University of Singapore (NUS)

The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established more than 20 NUS Overseas Colleges entrepreneurial hubs around the world.

Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, research centres of excellence, corporate labs and more than 30 university-level research institutes focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.

For more information on NUS, please visit .

About NUS Enterprise

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. We actively promote entrepreneurship and cultivate global mind-sets and talents through the synergies of experiential learning, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Our initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. We provide expertise and connections to create successful spin-offs and translate innovations into the marketplace through industry collaboration. These initiatives augment and complement the University’s academic programmes and act as a unique bridge to industries well beyond Singapore’s shores.

For more information on NUS Enterprise, please visit .

About BLOCK71

BLOCK71 is an initiative by NUS Enterprise in collaborative and strategic partnerships with established corporates and government agencies. It is a technology-focused ecosystem builder and global connector which catalyses and aggregates the start-up community. In Singapore, we spearhead new initiatives and provide mentorship and growth opportunities in key local, regional and global markets.

For more information on BLOCK71, please visit .

About TAKANAWA GATEWAY CITY

Carrying on in the tradition of its past as a gateway to Edo (now known as Tokyo) and a history of innovation that began with Japan’s first railways, TAKANAWA GATEWAY CITY will be an experimental site to create enriching lives for the next 100 years, where the creation of new culture and business continue under the concept of a Global Gateway.

THE LINKPILLAR 1 and the area around Takanawa Gateway Station open at the end of FY2024 (March 2025), with the other buildings (THE LINKPILLAR 2, MoN Takanawa: The Museum of Narratives, and TAKANAWA GATEWAY CITY RESIDENCE) and the surrounding areas to open in FY2025. JR East will continue developing the Shinagawa Development Project to enhance the value of Shinagawa Station area (Shinagawa Station North Exit and Shinagawa Station Block).

For more information on TAKANAWA GATEWAY CITY, please visit .

About TAKANAWA GATEWAY Link Scholars’ Hub

TAKANAWA GATEWAY Link Scholars’ Hub (LiSH) is the facilities for a start-up ecosystem in TAKANAWA GATEWAY CITY with diverse human resources and systems that support over 100 start-ups. It aims to create solutions to social issues around the world and implement them in society by collaborating with diverse and cutting-edge knowledge, analysing data using the city data platform (city-OS) including railway data, and providing a variety of financial support.

For more information on LiSH, please visit .

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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