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PROPEL with Singlife Champions Excellence in Financial Advisory as Sponsor of 10th Asia Trusted Life Agents & Advisers Awards 2025

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Sponsorship in line with its vision of empowering financial advisory firms and progressing the industry

SINGAPORE – Media OutReach Newswire – 18 August 2025 – PROPEL with Singlife, the one-stop shared services hub for financial advisory firms, proudly announces its sponsorship of the 10th Asia Trusted Life Agents & Advisers Awards 2025 (“the Awards”). Organised by Asia Insurance Review and Asia Advisers Network, the Awards celebrate excellence, leadership, and innovation among life insurance agents and financial adviser representatives across Asia Pacific.

In addition, the first-in-market shared services centre based in Singapore is also the Title Sponsor of the “Insurance Agency Leader of the Year” category, which recognises agency leaders in 2024 who have demonstrated exceptional group production and recruitment, strong leadership qualities, and a commitment to professionalism and service to the industry.

A total of 50 finalists have been revealed for this year’s Awards, representing 13 markets and 47 companies across the region. The finalists were shortlisted by an expert panel of 15 judges, comprising CEOs, association heads, and industry experts, including Mr Steven Ong, CEO of PROPEL.

Sheela Suppiah, CEO of Asia Insurance Review and Asia Advisers Network, said: “This year, as we celebrate the 10-year milestone of these awards, we are truly excited to have PROPEL with Singlife on board as a partner. The synergy between their commitment to promote empowerment of the financial advisory industry go hand in hand perfectly with what the awards stand for. We look forward to working with PROPEL towards the common goal of pushing excellence for agents.”

Through supporting the Awards, PROPEL champions values that align closely with its mission to empower financial advisory firms to thrive, and reaffirms its commitment to promoting the transformation of the financial advisory industry.

Steven Ong, CEO of PROPEL with Singlife, said: “PROPEL offers essential tools for FA firms to simplify and smoothen their middle-to-back-office operations so that they can focus on what truly matters – delivering exceptional service to their clients and scaling their businesses. We are proud to put our name behind the Asia Trusted Life Agents & Advisers Awards, celebrating the industry’s best, who raise the bar and inspire others to reach new heights of excellence.”

PROPEL’s integrated platform offers financial advisory firms a one-stop solution for their business needs, including financial needs analysis, new business registration, commission management, and seamless middle-to-back-office support. By streamlining operations and enhancing efficiency, PROPEL enables firms – from start-ups to those already well-established – to scale their businesses and meet the evolving needs of their clients.

Additionally, PROPEL supports advisers aspiring to start their own firms through its consultancy services, providing them with industry knowledge to navigate the regulatory and compliance framework, allowing them to come out of the tied agency model with confidence to start their own firms and offer their customers a wider range of financial solutions.

Since its official launch in January this year, PROPEL has onboarded around 1,000 financial adviser representatives from some 10 firms, as it plays its part in promoting more autonomy for advisers, and choice for consumers. Its goal is to surpass 3,000 advisers and 20 FA firms by 2029.

The financial advisory industry is undergoing rapid transformation, with consumers demanding more personalised, independent advice. PROPEL is at the forefront of this shift, providing firms with the tools and support they need to adapt, grow, and thrive in a dynamic market.

The 10th Asia Trusted Life Agents & Advisors Awards ceremony will take place on 19 August 2025 at ParkRoyal Collection Marina Bay in Singapore.

To learn more about how PROPEL helps FA firms scale their businesses effectively, visit singlife.com/en/propel.

Hashtag: #PROPELwithSinglife


is a one-stop shared services centre under the Singlife Group, a leading homegrown financial services company. PROPEL provides financial advisory firms with an integrated digital and administrative platform that offers seamless middle to back-office support which can be scaled according to their business needs. We are committed to streamline the way financial advisory firms operate at every stage of their business and provide innovative solutions to empower financial advisers, so that they can stay ahead and focus on what matters most – their clients.

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The 7th Cross-Strait Financial Forum and Taiwan-Funded Enterprise Development Forum

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XIAMEN, CHINA – Media OutReach Newswire – 12 Jun 2026 – On June 12, the 7th Cross-Strait Financial Forum and Taiwan-Funded Enterprise Development Forum was held in Xiamen.The event was jointly organized by the Fujian Provincial Financial Regulatory Administration, the Xiamen Municipal Financial Regulatory Administration, and the Association of Taiwan Investment Enterprises on the Mainland, hosted by Xiamen Jinyuan Investment Group, and executed by Jinyuan Uni-President Securities. Under the theme “Three Years of Integration Embarking on a New Journey, United Development Writing a New Chapter,” the forum focused on cross-strait financial cooperation, expanded financing channels for Taiwan-funded enterprises, industrial transformation and upgrading, and financial innovation between Fujian and Taiwan. It aimed to support Fujian’s efforts to accelerate the development of the first-choice home for Taiwan compatriots and Taiwan-funded enterprises on the mainland.

This year’s forum is an important supporting event of the 18th Cross-Strait Forum. During the event, nine Fujian-Taiwan financial integration projects were signed, with a total value of RMB 9.1 billion. The projects cover a wide range of financial services across areas including cross-strait industrial cooperation, water supply security for public welfare, capacity upgrades for long-established Taiwan-funded enterprises, technology and innovation industries, and modern agriculture. These initiatives continue to unlock the benefits of financial policies, promote shared access to financial resources for Taiwan compatriots and Taiwan-funded enterprises, and inject new momentum into industrial integration between Fujian and Taiwan.

At the forum, the Cross-Strait Wealth and Asset Management Cross-Sector Alliance was officially inaugurated. Supported by Jinyuan Group and jointly proposed by its affiliated financial institutions, the alliance was co-founded by Xiamen International Trust, Jinyuan Uni-President Securities, Yuanxin Yongfeng Fund, Fubon Bank (China), Junlong Life Insurance, and Xiamen Chang Gung Hospital, among others. Centered on serving the wealth management and asset management needs of people on both sides of the Taiwan Strait, the alliance aims to build a one-stop service platform covering asset allocation for Taiwan compatriots and Taiwan-funded enterprises on the mainland, family trusts and wealth succession planning, pension finance, and healthcare protection solutions.

The forum also unveiled a series of innovative financial achievements related to Taiwan. The banking industry’s first group standard dedicated to Taiwan-related financial services on the mainland, the “Specification for Taiwan-Related Financial Services of Banking Financial Institutions,” was officially released. At the same time, the “Bailufen” Taiwan Compatriot Financial Service Platform was introduced, further enhancing financial services for Taiwan compatriots living in Fujian and supporting the development of Taiwan-funded enterprises.

Hashtag: #StraitsFinancialForum

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

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Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings

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HAMILTON, BERMUDA – Media OutReach Newswire – 12 June 2026 – Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company’s remit.

“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”

— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited

The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at ‘BBB+’; Outlook Stable

Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities

Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/

This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.

Hashtag: #VerdantRock

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

ABOUT VERDANT ROCK

Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.

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TVBS deploys AI translation for NVIDIA GTC Taipei keynote

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TAIPEI, TAIWAN – Media OutReach Newswire – 12 June 2026 – TVBS deployed its self-developed real-time AI translation system during NVIDIA CEO Jensen Huang’s keynote at GTC Taipei 2026 on June 1. The system delivered near-simultaneous Chinese subtitles that viewers initially mistook for official NVIDIA translations. The in-house technology marked a rare instance of a news organization independently developing live translation for a large-scale broadcast.

TVBS deployed its self-developed real-time AI translation system during NVIDIA CEO Jensen Huang’s keynote at GTC Taipei 2026 on June 1.

Online viewers praised the translation quality, with comments including “The quality of this real-time translation is amazing,” “The translation is incredibly fast,” and “The live speech recognition quality is surprisingly good.” Some viewers assumed the subtitles came from NVIDIA’s official translation team.

The achievement demonstrates how Taiwan’s media industry is adapting to AI-driven transformation. TVBS is positioning itself as a leader in integrating proprietary AI development with real-world broadcast applications. The company completed optimization and deployment of the system in just nine days — a process that traditionally requires months of dedicated training, according to Andy Yang, manager of TVBS AI Future Technology Department.

Yang explained that the biggest challenge in real-time translation lies in balancing “content accuracy” with “reading fluency” under extremely tight time constraints. Huang’s speaking style is highly improvisational and frequently switches between English, Mandarin and Taiwanese, while audience applause and cheering often occur simultaneously.

Applying standard off-the-shelf translation software in such an environment would likely result in sentence segmentation errors and unclear semantic interpretation, Yang said. Rather than pursuing “zero-latency” translation at all costs, TVBS designed a subtitle presentation mechanism specifically tailored to the keynote format.

Prior to the event, the TVBS team conducted extensive cross-platform testing on multiple AI translation models, evaluating latency and error rates. By introducing a carefully calibrated broadcast delay, the system gained additional time to process semantic meaning and contextual alignment. This approach enabled smoother subtitles matching natural Chinese reading habits, Yang said.

The team also built a dedicated knowledge base for NVIDIA GTC Taipei, compiling AI industry terminology, product names and technical keywords in advance. This significantly improved translation quality and the accuracy of professional content delivery. TVBS’s real-time translation system can be customized based on different broadcasting scenarios, Yang noted.

Yang emphasized that the key to the rapid nine-day deployment was cross-department collaboration. Engineering teams handled hardware tuning and signal integration, while internal technical and content teams managed ongoing model training and refinement. TVBS established a collaborative workflow integrating both technology and editorial expertise.

Through continuous iteration and adjustment, the team incorporated Taiwanese linguistic nuances and natural Chinese phrasing into the system. This enhanced fluency and readability beyond what generic AI models alone could achieve, ultimately shaping what Yang called a distinct “TVBS AI style.” The approach reflects the company’s “3T” philosophy — Truth, Trust and Technology.

In his keynote at the Taipei Music Center, Huang focused on AI infrastructure, next-generation computing platforms and NVIDIA’s latest technological roadmap. GTC Taipei 2026 attracted significant international attention as AI continues to reshape global industries. Through its own transformation journey, TVBS hopes to help lead Taiwan’s media industry into a new era shaped by AI.

Hashtag: #TVBS

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

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